Author: nick
Recently, the SEC announced a “comprehensive review” of its consolidated audit trail, or “CAT,” and asked for public comments due in 60 days, on June 15, 2026, including on whether the commission should “eliminate the CAT in favor of developing a different audit trail and/or data source, . . . ” Every American investor should answer with an emphatic: “Yes!” Here’s why. The SEC’s CAT is an LLC that tracks, collects, and analyzes all securities transactions made by every investor in real time. Its size is unfathomable: SEC collected and stored 116 trillion transactions in 2023 and 154 trillion more…
Something strange is happening in Washington. A generation of investors and entrepreneurs who built careers championing private capital and intuitively understood the power of market discipline and limited government have joined the Trump administration, taking charge of hundreds of billions of dollars of other people’s money. They assure us that they are deploying it strategically, with accountability and a businessperson’s rigor. From Commerce Secretary Howard Lutnick (who is apparently convinced he can rearrange the American economy through tariffs and industrial policy as if it were a trading desk) to former Commerce official Michael Grimes (who led the IPOs of Meta,…
Image Source: ShinyHuntersWebsite – Fair Use They make you do it – they, in this case, being the folly-fouled leaders of educational institutions – because it’s all in the name of organisational efficiency, productivity and purpose. Engage what is often erroneously called a Learning Management System (LMS), submitting personal details and papers and assessments into its maw. Instructors and academics are also made to generate intellectual profiles for subjects and courses, leaving students the false impression that what is not on the platform cannot surely exist. Should you be a conscientious objector to this hungry, data gobbling system, you are ostracised, condemned as…
Social media has been blamed for transmitting social contagions, which is ironic because the main social contagion right now is the idea that social media is bad for you. Even people who are happily online 14 hours a day feel the need to apologize, as if they’re admitting to being a heroin addict. The New York Times recently published an op-ed titled, “The Way to Get Kids Off Screens” that entirely dispensed with the “Why should we?” part of the argument. Times readers, not exactly free thinkers, were right on board. From the comments section: “Mom and Dad: get off…
The school’s famous Honor Code was no match for chatbot-enabled cheating. Source link
From July of this year, every vehicle registered in the European Union will be required to have driver-monitoring cameras in place. That’s not every new car manufactured, but every car newly registered [1]. The “Advanced Driver Distraction Warning” (ADDW) cameras are designed to monitor driver behaviour for signs of potential distraction, and then set off a warning if those signs are detected. It was first announced in 2024 as part of the EU’s “Vision Zero” plan to eliminate car-related deaths by 2050. But it’s not really about that. It’s never about what they say it’s about. Here’s where this goes… Firstly, kiss…
James Piereson on American attempts to overthrow Cuba’s Communist regime. Source link
The "economic divorce" between the two countries is proceeding slowly, but it is proceeding. Source link
Police wrongly want to ban a Palestine rally on Nakba Day on Friday but are allowing the right-wing’s anti-Islam rally the same say, writes Nailah Sharif, a retired London Metropolitan Police detective. Protesters support Palestine Action at the statue of Mahatma Gandhi, Parliament Square, London, September 2025. (Alisdare Hickson / Flickr / CC BY-NC-SA 4.0) By Nailah SharifDeclassified UK As a retired Metropolitan police detective, I’m alarmed that senior officers might ban Palestine marches in central London in the wake of the Golders Green stabbings. Every march I have attended as a citizen has been nothing but peaceful. There are children in…
Photograph by Nathaniel St. Clair At the end of Caroline Fraser’s disturbing discussion of three books on the waste crisis that is harming the poor and destroying the globe, she concludes, “Read them while you can, while you still have breath in your body, because they are chronicling the end of the world as we once knew it.” Her review in the April 23rd issue of the New York Review of Books is the most disturbing article I’ve read in a long, long time. Living in the postmodern West, we survive in what the Situationists once dubbed “the spectacle,” where everything is reduced to the fiction…