Obama, The Fed, Hidden-tax heists
RAHN: Obama's hidden-tax heist - Washington Times: " . . . What is new is the big tax on savings, again imposed by the Fed. By artificially holding down interest rates to lower-than-expected real market rates, the Fed is, in effect, expropriating interest income (an implicit tax) that savers normally would be expected to enjoy. This interest manipulation enables the government to fund its debt at less than what would be real market rates at the expense of savers, making the deficit appear much smaller than it really is. There also has been huge growth in the unseen “regulatory tax” over the past four years. A regulatory tax is the cost of regulation imposed on the productive sectors of the economy when the costs of the regulation exceed the benefits. The Obama administration continues to ignore legislative mandates, both on comment periods and cost-benefit analysis, for the tidal wave of new regulation that is hitting businesses — and individuals. . . ."
My Reading List
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Meta is turning to AI models from rivals like Anthropic to help its
engineers code better
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Meta's new AI tool, Devmate, is powered by models from rivals including
Anthropic's Claude. It reflects how the company uses competitor AI models.
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Property veteran buys $66.5m freezer warehouse; Thredbo owner to sell $300m
block; Pearl Bondi gets approval
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Property veteran Graeme Katz’s real estate fund Irongate has bought a
refrigerated warehouse in Sydney’s west for $66.5 million.
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Today's NYT Connections: Sports Edition Hints and Answers for June 13, #263
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Here are hints and the answers for the NYT Connections: Sports Edition
puzzle, No. 263, for June 13.
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House Republican Bill Would Impose a One-Size-Fits-All Medicaid Work
Mandate on States
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A provision taking health coverage away from people who can’t meet or
regularly document they meet a work requirement or qualify for an exemption
is at the...
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Elon Musk’s xAI Could Be Getting $250 Million in Investments
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Two dozen venture capital firms and other investors are investing in xAI,
the artificial intelligence and social media company.
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After a string of successes, early-stage fund Felicis raises fresh $900M
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Lately, Felicis, like most VCs, has been all over AI. Its portfolio now
includes, for example, Browser Use, Poolside, Runway, and Supabase.
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Crimson Desert Made Me Crash Out
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I’m trying to put all my thoughts about the time I spent with the medieval
fantasy RPG Crimson Desert at Summer Game Fest into words. Kotaku Managing
Edi...
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Hotels: Occupancy Rate Decreased 3.2% Year-over-year
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From STR: U.S. hotel results for week ending 7 June
The U.S. hotel industry reported mostly negative year-over-year
comparisons, according to CoStar’s late...
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Elizabeth Warren: Trump Is Right About This One Thing
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The debt ceiling is a political cudgel that serves no economic function.
It’s time to abolish it.
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7 Google Photos tips for perfecting your pics on Pixel 7
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Our new Pixel 7 and Pixel 7 Pro have incredible cameras for capturing your
memories, but snapping a photo is just the beginning. We all want to get
our ...
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‘Every weld is a challenge’
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Philadelphia schools are focusing career-tech training on preparing
students to move from high school to apprenticeships and skilled jobs,
reports Chalkbea...
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Mindfulness: New age craze or science-backed solution?
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- Mindfulness has become a billion-dollar industry.
- Research shows mindfulness can be an effective wellness practice, yet the
effect sizes found in stud...
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32+ Years...
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[image: image from pbs.twimg.com]
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Our comment on COPPA
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Responsibility is our number one priority at YouTube, and this includes
protecting kids and their privacy. Over the last few years, we’ve
significantly in...
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Huawei Working On 5G Radar Tech For Self-Driving Cars
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Current chairman Xu Zhijun said Huawei is working on millimeter-wave radar
and laser radar for use in autonomous vehicles as part of an “ecosystem” of
car-...
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Bifurcar 'blockchain': universos paralelos de cadenas ingobernables
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Los usuarios de Nano han demandado a sus desarrolladores por una pérdida de
criptomonedas valorada en 150 millones de euros. Si prospera, estarĂan
obligado...
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The Blog Moves On
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But the show goes on.
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The US Treasury’s missed opportunity
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The US Treasury recently published the first in a series of reports
designed to implement the seven core principles for regulating the US
financial system ...
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Corinne Found the Perfect Way to Rebel Against *The Bachelor*
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Over the course of the season, the show’s latest villain just might have …
grown as a person.
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The search for the best middle-class tax cut
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Say you want to help struggling middle-class families by cutting their
taxes. Say you want to figure out an actually helpful plan to do that, and
not just ...
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IBM buys Ustream: is it a workforce communication play?
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IBM has added Ustream to a long list of video technology company
acquisitions in the recent past -- like Clearleap acquired last month --
buying the stream...
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Book Expo America, BookCon, Detroit Public TV Video
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Tweets about #BookCon2015 OR #BEA15
*Date: Fri May, 29 2015 11:00 AM CDT — Sun May, 31 2015 3:00 PM CDT*
*Detroit Public TV will bring live inside the boo...
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The World's Billionaires
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Carlos Slim Helu takes the No. 1 spot on Forbes' annual list of the world's
richest as a record 164 billionaires return to the ranking amid the global
econ...
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