Independent thinking for complex markets and current events
Social Security is barreling toward a 24% across-the-board benefit cut in 2032 that would slash roughly $500 a month from the average retiree’s check — a hit that totals about $345 billion a year nationwide, according to a first-of-its-kind report from the Committee for a Responsible Federal Budget, a Washington fiscal watchdog. The CRFB warns …
The BBC is being investigated by the broadcast regulator in the US over its editing of a speech by US President Donald Trump featured in an episode of Panorama. Brendan Carr, chairman of the Federal Communications Commission (FCC), wrote to executives at the BBC yesterday. Mr Carr also wrote to two US broadcasters, PBS and …
https://www.zerohedge.com/political/fbi-cuts-all-ties-adl-calling-it-political-front-disguised-watchdog In a striking move for an administration that caters to the State of Israel and its American supporters, the FBI has severed its ties with the staunchly pro-Israel Anti-Defamation League (ADL), with Director Kash Patel saying the bureau refuses to team up with “political fronts masquerading as watchdogs.” The move comes after the ADL …
https://justthenews.com/government/federal-agencies/deficit-slightly-higher-through-august-same-time-last-year-monthly Congress is on its way to missing a “basic” budget deadline for the 29th year in a row, according to the Committee for a Responsible Federal Budget. Meanwhile, the deficit so far into the current fiscal year is larger than the same period last year. “We’re less than a month away from a possible …
No fluff here. ICE just landed a massive budget increase. Trump signed the One Big Beautiful Bill on July 4. DHS now gets $28 billion every year. That money fuels detention, deportation, and a hiring spree unlike anything ICE’s seen before. Goal is 10,000 new agents by 2029. First batch is 2,500. That number’s baked …
So if there is zero evidence of a bomb beinb build, WHY? UN NUCLEAR WATCHDOG: NO SIGN IRAN IS ACTIVELY BUILDING A BOMB IAEA Director-General Rafael Grossi said the agency has no evidence Iran is pursuing an active nuclear weapons program: "We did not find in Iran elements to indicate that there is an active, …
This is a guest on Joe Rogan. Insider speaks out again : ) Drones over the country as well. h/t Orangutan
Hundreds of millions of Americans risk experiencing power shortages this winter if weather conditions are harsh, according to a new report published by the North American Electric Reliability Corporation (NERC), a power grid watchdog. Nearly all residents of the Northeast, Texas and Midwest could face energy shortfalls in the event of a colder-than-usual winter, the …
The EU’s privacy watchdog is investigating how Google is using personal data in the development of one of its artificial intelligence models. Ireland’s Data Protection Commission (DPC)—the bloc’s regulatory body for companies headquartered in Ireland—announced on Sept. 12. that it was investigating compliance with General Data Protection Regulation (GDPR) rules by Google’s Pathways Language Model …
After a gunman shot up the White House a decade ago, exposing vulnerabilities at one of America’s iconic landmarks, lawmakers in Congress got an unexpected second dose of bad news. “The Secret Service did not identify best practices and lessons learned from the 2011 White House shooting incident,” the Homeland Security Department inspector general wrote …
Global Alliance for Responsible Media may be violating “U.S. antitrust laws and congressional intent by coordinating GARM members’ efforts to demonetize and eliminate disfavored content online,” House Judiciary says. Google’s artificial intelligence isn’t particularly bright when it comes to evaluating publishers’ compliance with its advertising policies, if the experience of a heterodox economics blog with …
Global freedom has receded for the 18th consecutive year, according to a report released Thursday by American nonprofit Freedom House. “Global freedom declined for the 18th consecutive year in 2023. The breadth and depth of the deterioration were extensive,” Freedom House said in the report. “Political rights and civil liberties were diminished in 52 countries, while only 21 …
FIRST ON FOX – Georgia prosecutor Fani Willis and her former lover Nathan Wade are facing two ethics complaints from a conservative government watchdog group based on their court testimony on allegations they had an ‘improper’ affair. The American Accountability Foundation (AAF) is requesting that the Georgia state bar open disciplinary proceedings against the Fulton …
After a lengthy review, a Department of Justice watchdog has found that President Donald Trump didn’t improperly influence the FBI’s decision to keep its headquarters in downtown Washington rather than move it to suburban locations in Maryland or Virginia. “With regard to possible influence by then-President Trump or the White House, we found no evidence …