QQ for all the "Restore the #RuleOfLaw" folks out there: When militarized police crushed Occupy for daring to challenge the logic of bailing out the bankers who crashed the economy rather than the people they fleeced, was that "Rule of Law"? When militarized police maimed and brutalized water protectors, was that "Rule of Law"? When oil companies and tech monopolies fund both parties and just happen to get legislation that keeps them in power, is that "Rule of Law"? When your tax dollars go to fund genocide, to pay to drop bombs on children, is that "Rule of Law"? When the NSA was spying on American citizens, was that "Rule of Law"? How about the drone strikes on Americans, was that "Rule of Law"? When cops murder people and then use "qualified immunity" to get away with it, is that "Rule of Law"?
Y'all keep talking about how #NoKings is about "restoring rule of law." It's got a bit of a "Make America Great Again" feel to it: you're invoking a return to a history that never actually existed.
Trump sought to pin any worries about high inflation on his predecessor, Joe Biden.
“Eleven months ago, I inherited a mess,
and I’m fixing it,” Trump said.
“We’re poised for an economic boom, the likes of which the world has never seen.”
His holiday wishes came at a crucial time as he tries to rebuild his steadily eroding popularity.
Public polling shows most U.S. adults are frustrated with his handling of the economy as
inflation picked up after his tari…
The collapse of two US firms, First Brands and Tricolor,
has shone a light on private credit and its growing influence in the global economy.
The failures have led to ballooning losses at traditional banks,
and, coupled with worries about the health of US regional banks,
have raised concerns about weak lending standards and potential threats from an opaque corner of the so-called "shadow banking" sector
Treasury Secretary Bessent,
a former hedge fund manager,
is orchestrating a $20 billion lifeline to prop up the Argentine peso,
which has been declining in value.
The backstop is intended to support Argentina’s economy
and its president, Javier Milei.
On Friday, Mr. Bessent said the Treasury Department had intervened for at least a second time to buy pesos
At the center of his bet is that the currency of Argentina
— a debt-ridden country whose…
Quantitative Convergence Analysis of Projected Stochastic Gradient Descent for Non-Convex Losses via the Goldstein Subdifferential
Yuping Zheng, Andrew Lamperski
https://arxiv.org/abs/2510.02735
There are two reasons that Motability includes “premium” brands:
1/ they are often the ones that meet the needs of the users with features like parking assistance for those who cannot see behind them
2/ the leases are often cheaper than non premium brands as their resale value is so much higher.
The effect of these changes might well be that Mobility actually costs the government MORE money 🤦♀️
RT: Seth Harp @sethharpesq
Nov 1
The biggest capital outlay ever, for a product that no one will pay for.
OpenAI loses ten billion dollars a quarter. There is no path to profitability for subprime AI. These absurd data centers will stand sentinel over the ruins of our fake economy like moai on Easter Island.