Category Archives: Ridiculously obvious scams

Trump’s “Fix Affordability” 10% Credit Card Interest Rate Cap: A Gimmick, Not a Solution (and It Won’t Happen Anyhow)

It has gotten through to Trump that the state of the economy, and particularly consumer suffering from persistently high costs, aka the affordability crisis, can’t be solved by his barker’s patter about how great things are. So he’s roused himself to try to find some quick and easy wins so he can present himself as […]

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Move Fast and Break Everything: Crypto and the Democrats

How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.

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The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?

A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble

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