Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, October 19, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading
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Category Archives: Financial System
Inside Redbox’s insane bankruptcy unwinding
Sherwood: “Ever wanted to own 46 copies of Orlando Bloom’s latest movie? What about a dozen empty Redbox DVD cases? Or maybe an entire Redbox kiosk, free with local pickup? It’s all up for grabs, thanks to Redbox’s recent demise. The chain of DVD-rental kiosks filed for bankruptcy in June after racking up close to… Continue Reading
The Individualization of Responsibility – Masterclass in Deception
The Climate Historian: “…In the mid-20th century, as evidence mounted linking smoking to lung cancer, the tobacco industry didn’t just fight back—they mastered the art of deflection. Instead of outright denying the dangers, they funded research to stir doubt, muddying the scientific waters.In the 1950s, the Tobacco Institute launched its “health reassurance” campaigns. These campaigns… Continue Reading
Marching Toward Violence: The Domestic Anti-Israeli Protest Movement
Over 150 groups involved in the disruptive anti-Israel protests on college campuses and elsewhere in the United States are “pro-terrorism.” The vast majority support Hamas and/or the October 7 terrorist attacks. The movement contains militant elements pushing it toward a wider, more severe campaign focused on property destruction and violence properly described as domestic terrorism.… Continue Reading
Comics art against Project 2025
“Project 2025 is a detailed plan to shut you up, and shut you out. You matter, and you have a voice. Project 2025, also known as “Mandate for Leadership: The Conservative Promise,” is a document created to be a roadmap for a second Donald Trump presidency. It was prepared by the ultra-conservative Heritage Foundation and… Continue Reading
What Do Climate Risk Indices Measure?
Liberty Street Economics, New York Fed, October 7, 2024: “As interest in understanding the economic impacts of climate change grows, the climate economics and finance literature has developed a number of indices to quantify climate risks. Various approaches have been employed, utilizing firm-level emissions data, financial market data (from equity and derivatives markets), or textual… Continue Reading
Campaign Finance Made Easy: Announcing DataTalk
Cheryl Phillips, Founder and Co-Director, Big Local News: “DataTalk is an experimental system that makes it easier to follow the money flowing through national campaigns for the Nov. 5 U.S. election. It allows for natural-language queries of large public datasets from the Federal Election Commission (FEC) and OpenSecrets.org to help journalists and other researchers tap… Continue Reading
Why are Red State Citizens Poorer, Less Educated & Sicker than Blue State Citizens?
Hartmann Report – “Republicans worship cheap labor — and having a steady and reliable supply of cheap labor requires widespread poverty… We must not confuse statistical probability with some transcendental and utterly compelling force. — Unspiek, Baron Bodissey One of the enduring mysteries of America is why the citizens of Red states are generally poorer,… Continue Reading
Trump would add twice as much to national debt as Harris
US Budget Watch 2024 is a project of the nonpartisan Committee for a Responsible Federal Budget – The next President will face significant fiscal challenges upon taking office, including record debt levels, large structural deficits, surging interest payments, and the looming insolvency of critical trust fund programs. Our large and growing national debt threatens to slow economic growth,… Continue Reading
Financial Institutions Net Zero Tracker
World Resources Institute: “Banks have made headlines in recent years for committing to reach “net-zero emissions” by 2050 and pledging to mobilize trillions of dollars in the fight against climate change. Indeed, banks will play an important role in halting global warming: Companies rely on them to help finance the zero- and low-carbon technologies and… Continue Reading
The Rapid Adoption of Generative AI
NBER – The Rapid Adoption of Generative AI. Alexander Bick. Adam Blandin & David J. Deming. Working Paper 32966. DOI 10.3386/w32966. Issue Date September 2024. Generative Artificial Intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from the… Continue Reading
IRS free tax filing will be available in 24 states for the 2025 season — here’s who can use it
CNBC: “Next year, more than 30 million Americans in 24 states will be eligible for Direct File, the IRS’ free tax filing program, the agency and U.S. Department of the Treasury announced on Thursday. The Direct File pilot was open to limited taxpayers in 12 states for the 2024 filing season, including Arizona, California, Florida,… Continue Reading
