Author: nick
Oracle’s billionaire owner Larry Ellison meeting with Mike Pompeo. Photo: State Department. Elon Musk’s trillion-dollar payday from the IPO of SpaceX has hugely amplified the public’s focus on extreme wealth inequality. Musk’s economic and political power is certainly something to be concerned about, but wealth can be a misleading focus. I have raised this point before; wealth can be a misleading measure on both ends. As far as bringing down the wealth at the top, I welcome taxes, if they can be made effective, but the most likely way that the wealth of folks like Musk will be brought closer…
Four East Haven, Connecticut, police officers were turned into federal felons by the Obama Justice Department for simply doing their jobs. Source link
When Sen. Bernie Sanders (I–Vt.) teased his new AI bill in The New York Times, he undersold the socialist vision he had for the tech industry. Now that the bill text has been released, we know just how much government ownership of AI he wants. On Thursday, Sanders unveiled the American A.I. Sovereign Wealth Fund Act, which would impose a 50 percent tax, paid through stock, on any AI company with annual “gross receipts” of at least $200 million. Taxing gross receipts rather than revenue is a savvy move by Sanders, since most businesses traditionally considered AI companies aren’t yet…
Both the firm and the utility company it’s trying to take private face potential maximum fines and a hard reset of the acquisition process for flouting New Mexico state law. Source link
Moscow on the Hudson Source link
The Israeli prime minster’s era may be nearing its end, writes Ramzy Baroud. But before this bloody political chapter closes, countless more Palestinians may be displaced and killed. Displaced Palestinians during their journey back to Gaza and the north via Al-Rasheed Street, crossing the bridge over the estuary of the Wadi Gaza, Jan. 28, 2025. (Ashraf Amra – United Nations Relief and Works Agency for Palestine Refugees in the Near East/ Wikimedia Commons/ CC BY-SA 3.0 igo) By Ramzy BaroudCommon Dreams Israeli Prime Minister Benjamin Netanyahu is facing perhaps the most precarious moment of his political career. He knows it. His allies…
Trump speaking Wed. at the G7 Summit in France, as Commerce Secretary Howard Lutnick and Secretary of State Marco Rubio look on. President Trump just did a remarkable thing. Of course we Democrats can’t say so, since we’re an opposition party defined by opposing Trump, not war. (Top Democrats actually wanted the war with Iran, although they kept it low key.) But make no mistake, Trump was right to step off the escalation trap and take us from a war footing with Iran, towards peace. Democrats are quick to point out that this was a war of Trump’s choice in…
Uncontrolled immigration has resulted in social upheaval, demographic change, and a society fractured into segregated cultural enclaves. Source link
Trump Ramps Up War on the Birth Tourism Industry Source link
All of the four activists who raided a Wolverhampton arms factory were immediately released on bail after the jury was deadlocked, John McEvoy and Hanna-Johara Dokal report. John McEvoy and Hanna-Johara Dokal for Declassified UK After more than 17 hours of deliberation, a jury at Birmingham crown court on Thursday failed to reach a verdict over whether four pro-Palestine activists committed criminal damage at an arms factory. Iain Evans, Hana-Yun Stevens, Frank Sherman and Hisham Alkhamezi were each accused of criminal damage at a factory owned by Moog, a U.S. aerospace firm, in Wolverhampton. During the trial, the jury saw footage from helicopters…