Category «Financial System»

The AI Resist List

Actions Against the Empire of AI: “AI takes many forms. Like the word “transportation”, it refers to a collection of technologies as diverse and distinctive as bicycles to rockets. But today, one version of AI takes all the oxygen: large-scale, generative systems that power products like Claude, Gemini, and ChatGPT. These systems consume an unfathomable …

Subjects: AI, Copyright, Economy, Education, Environmental Law, Financial System, Intellectual Property, Internet, Knowledge Management, Legal Research

The Tokenpocalypse Is Here: Companies Are Scrambling To Stop Spending So Much on AI

404 Media: “Consulting giant Accenture is trying to figure out how to stop non-technical workers from blowing through companies’ AI token budget on trivial tasks like converting PDFs to presentation slides, according to leaked audio obtained by 404 Media. Across the industry Accenture is seeing “soaring token spend,” according to the audio. The news highlights …

Subjects: AI, Economy, Financial System

The Rolling Coup

The Nation – Unless we begin to act, our democracy will likely be destroyed. Richard Gephardt and Timothy Wirth: “We believe that in the United States of America today we are in the middle of a “rolling coup.” Our democracy’s avowed commitments to social justice, the empowerment of all citizens, a more equitable economy, the …

Subjects: Censorship, Civil Liberties, Congress, Economy, Financial System, Free Speech, Legal Research

New Court Challenge Against Trump’s Sweetheart Immunity Deal with I.R.S.

Scott MacFarlane Reports – “Former Federal Tax Officials Call Trump’s Settlement with IRS a “breathtaking” and unlawful deal. A group of former federal tax officials, including a former commissioner of the Internal Revenue Service, are asking a federal judge to intervene and halt President Trump’s immunity deal with the Internal Revenue Service. The sweetheart deal …

Subjects: Courts, Financial System, Government Documents, Legal Research

Treasury Department waives 40 years of Iranian oil sanctions

Yet another example of government conducted on social media, X, owned by Elon Musk, via a posting by Treasury Secretary Scott Bessent, with the State Department completely absent. No American diplomats, translators, subject matter experts….just Kushner, Witcoff, Vance….and who else? This is the document posted on the OFAC site. And several notes – this waiver …

Subjects: Economy, Energy, Financial System, Government Documents, Legal Research, Social Media

ICE Appears to Be Buying Immigrants’ Tax Identifiers from a Data Broker

404 Media [no paywall]: “Immigration and Customs Enforcement (ICE) appears to be purchasing records related to immigrants’ tax identifiers from a data broker, potentially skirting a court order that banned ICE from sourcing such information, according to Senator Ron Wyden and government procurement records reviewed by 404 Media. The contract, worth nearly $10 million, is …

Subjects: Censorship, Civil Liberties, E-Records, Economy, Financial System, Government Documents, Legal Research

Trump OMB Shifted Secret Service Funds to Build His Ballroom

NOTUS – Records show that the White House Office of Management and Budget last week quietly apportioned $352 million from Trump’s tax cuts law, the One Big Beautiful Bill Act, for “White House Security Measures.” The tax law, which passed with Republican-only votes last summer before Trump tore down the East Wing of the White …

Subjects: Congress, Courts, Economy, Financial System, Government Documents, Legal Research

What We Know About Billionaire Peter Thiel’s Secret ‘Dialog’ Society

Forbes: “A leak of private information purportedly related to an ultra-secret society called “Dialog” founded by PayPal billionaire Peter Thiel has revealed the inner workings of an elite group to which hundreds of global leaders, business executives and billionaires belong. The documents, examined and revealed by Wired this week, show Thiel and investor Auren Hoffman …

Subjects: Congress, Economy, Financial System

Analysis of Trump’s Iran MOU

WSJ no paywall [click the down arrow in the lower right hand corner of the page]: “A senior Trump administration official read out President Trump’s memorandum of understanding to reopen the Strait of Hormuz and wind down the war with Iran in exchange for financial incentives for Tehran that will begin immediately. Another official, speaking …

Subjects: AI, Congress, Defense, Economy, Energy, Financial System, Government Documents, Legal Research

Data Centers Exposed

“Some of you saw a thing I built earlier this year called Epstein Exposed. It was an attempt to make the Epstein files actually searchable instead of 2 million scanned pages nobody could use….I went looking for the next pile of public records nobody had bothered to make searchable. I found it on a drive, …

Subjects: AI, Economy, Energy, Environmental Law, Financial System, Health Care, Internet, Legal Research, Search Engines