Archive for the 'Economy' Category

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Pentagon Fails Another Financial Audit

November 20th, 2024

Oh, “Making good progress,” is it? Mmm hmm. Via: The Hill: The Pentagon on Friday failed its seventh audit in a row, with the nation’s largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.

HarperCollins Confirms It Has a Deal to Sell Authors’ Work to AI Company

November 19th, 2024

Via: 404 Media: HarperCollins, one of the biggest publishers in the world, made a deal with an “artificial intelligence technology company” and is giving authors the option to opt in to the agreement or pass, 404 Media can confirm. A spokesperson for HarperCollins told 404 Media in a statement: “HarperCollins has reached an agreement with […]

The EdTech Revolution Has Failed

November 12th, 2024

I’m not sure when I first posted about this scam, but I found one from 2011. The tech elite who pushed this nonsense knew that it would result in disaster. Mission accomplished. Via: After Babel: When smartphones and social media platforms swept into teens’ lives in the early 2010s, schools experienced their own digital revolution, […]

Does Warren Buffett Know Something That We Don’t?

November 12th, 2024

Via: Wall Street Journal: When the world’s most-followed investor doesn’t feel comfortable investing, should the rest of us be worried? Warren Buffett, who has quipped that his favorite holding period for a stock is “forever,” continues to have substantial money at work in American companies. But he has never taken this much off the table […]

Susie Wiles: Trump’s Chief of Staff Works for Lobbying Firm Representing Junk Food, Pharmaceutical and Tobacco Industries

November 8th, 2024

Fox: In addition to her work on political campaigns, Wiles is a registered lobbyist. Federal disclosures filed in April show Wiles was a lobbyist for the tobacco company Swisher International while running the Trump campaign. The documents show she worked to influence Congress on “FDA regulations.” Wiles is the co-chair for the Florida and Washington, […]

Joel Salatin Taking Position in USDA, Claims Thomas Massie, “Has Agreed to Go in as Secretary of Agriculture”

November 7th, 2024

Somebody pinch me. Via: Joel Salatin: I’ve been contacted by the Trump transition team to hold some sort of position within the USDA and have accepted one of the six “Advisor to the Secretary” spots. My favorite congressman, Thomas Massie from Kentucky, has agreed to go in as Secretary of Agriculture.

Bitcoin Record High, Breakout

November 6th, 2024

Via: CoinDesk: Crypto assets kept climbing higher Wednesday after Donald Trump won the U.S. presidency, with bitcoin (BTC) blasting through $76,000 for the first time ever amid optimism the election will usher in a far friendlier environment for digital assets in the world’s largest economy.

Scott Jennings on CNN: Despite the Nonsense Spewed by Mainstream Media, Half of the Country Rose Up and Said, “We’ve Had Enough”

November 6th, 2024

Scott Jennings on CNN: Despite the Nonsense Spewed by Mainstream Media, Half of the Country Rose Up and Said, "We've Had Enough" pic.twitter.com/KKQbLM2rLv — cryptogon (@cryptogon) November 6, 2024

2024 U.S. Presidential Election Open Thread

November 5th, 2024

Do you feel a need to write something down as the crescendo approaches? Let it rip. All I know, for sure, is that America is going to get Lockheed Martin for president. Again.

Berkshire Dumps 100 Million Apple Shares As Unprecedented Selling Spree Boosts Cash To Record $325 Billion Dollars

November 3rd, 2024

Via: ZeroHedge: Back in August, when discussing Buffett’s ongoing liquidation of his Bank of America stake, we said that “Berkshire’s rising cash stockpiles merely reflect the firm’s inability to find deals in today’s overvalued and weak economic environment”, little did we know just how accurate that would be, because just one day later we and […]

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