The Next American Constitution | naked capitalism
Yves here. Tom Neuburger discusses how the US is in the midst of a regime change, which has precedents in US history. The most obvious manifestation is how Trump is…
Banks and Payment Card Companies Form a Discount Cartel to Take Down Cash in “Cash-Addicted” Germany | naked capitalism
The cash assassins set their sights on Europe’s biggest economy. If there’s one major European economy that did not get the memo on moving swiftly away from cash to digital…
Explosive New Book Argues Facebook Is a Global Engine of Harm and Corruption. Is Reform Possible? | naked capitalism
Yves here. The tone of this post, which likely reflects that of the book it discusses, is overwrought. But that does not make it inaccurate. What caught my attention was…
AI Robot Pets Can Be Adorable and Emotionally Responsive. They Also Raise Questions About Attachment and Mental Health | naked capitalism
Yves here. Since it’s very profitable for app, program, and device makers to hit users’ emotional buttons, they are set only to get better at it. Robots pets are one…
Payday Loan Apps Cost New Yorkers $500 Million Plus, New Study Estimates | naked capitalism
Yves here. Sadly, the most desperate are regularly the subject of the most intense financial grifting, be it loan sharks or the more-respectable seeming versions, like credit cards that very…
House Speaker Johnson Threatens to Defund Federal Courts | naked capitalism
Yves here. Trump follows his line of action by having enlisted his ally, Speaker of the House Mike Johnson, to threaten the very existence of Federal courts: Speaker Johnson floats…
Ukraine Rare Earths Deal Is Nonsense To Mining Experts | naked capitalism
Yves here. We’ve explained repeatedly that the Ukraine “raw earths” deal is based on extreme exaggeration of the mineral deposits that the Ukraine government owns (or to which it retained…
Russia-US Negotiations: Trump Criticism Follows the Bad Sign of the Lack of a Joint Statement After Last Round and the Iran Angle | naked capitalism
The state of play in the Russia-US negotiations after their session early this week in Saudi Arabia failed to get much if any front-page attention. That was thanks to the…
Trump’s Desire to ‘Un-Unite’ Russia and China Is Unlikely to Work – In Fact, It Could Well Backfire | naked capitalism
Yves here. As of this hour, there is still no joint statement from Russia and the US on their long day of talks in Saudi Arabia yesterday. But in a…
Biomedical Research, Its Funding and Its Practice: Where Do We Go from Here? | naked capitalism
In the United States before World War II, support for basic biomedical and clinical research was haphazard, depending somewhat on the kindness of strangers. For example, that far-seeing politician Franklin…