@pluralistic
This classic Ed Zitron article will tell you more than you ever wanted to know about how corrupt CEOs advance their corporate juggernauts by any means they can get away with.
You'll also find out why NVIDIA's strange growth strategies are curiously reminding people of such historic market disasters as Lucent, WorldCom, and Enron.
In ironically saying that NVIDIA is NOT Enron, Sitron made ME think that that's only because the scale of the financial stakes are much higher today -- and, potentially more devastating.
Also the US currently has a regime that is all-in on making as much as they can off this scam before the bubble bursts.
Trust me, a lot of speculators are already shorting Ai stocks as fast as they can -- knowing that the party is about to come screeching to a halt.
Slightly off-topic side note: Trump is about to achieve a trifecta: crashing the US government and with it the economy, causing a stock market crash that will make Hoover's look minor by comparison, and destabilizing the world order leading to multiple new wars.
#NVIDIA #Ai #JensenHuang #EdZitron #USPolitics #Capitalism
Trump’s Own Mortgages Match His Description of Mortgage Fraud, Records Reveal
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The administration has argued that Fed board member Lisa Cook may have committed mortgage fraud by declaring more than one primary residence on her loans. We found that Trump once did the very thing he claimed could be a crime.
https://www.propublica.org/article/trump-mortgage-fraud-florida-principal-residences?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Mike Johnson strips military IVF coverage from defense bill – report https://www.theguardian.com/us-news/2025/dec/08/military-ivf-coverage-defense-bill-mike-johnson #Trumpadministration #Fertilityproblems #MikeJohnson #USmilitary #USCongress #USpolitics #Health #USnews #IVF
Europe should take the fight to America, just by reporting accurately what is going on there and broadcasting it to the World.
Do the opposite of what the BBC is doing....
#EUPOL #Journalism #USA #USPOL #USPOLITICS #BBC
At St. Susanna Parish in Dedham, Massachusetts, Baby Jesus disappeared from the Nativity scene, replaced with warning that "ICE was here."
"Jesus was a refugee," said Rev. Stephen Josoma. "And if he were here today he would be deported."
The Archdiocese of Boston has ordered him to remove the display, but he refuses to comply.
Another sign explains: "The Holy Family is safe in The Sanctuary of our Church. If you see ICE please call the LUCE Immigration Justice Network."
"Spending money makes a CEO look busy. And at a time when there were no other potential growth avenues, AI was a convenient way to make everybody look busy."
-Ed Zitron, "NVIDIA Isn't Enron - So What Is It?"
https://www.wheresyoured.at/nvidia-isnt-enron-so-what-is-it/
@pluralistic
This classic Ed Zitron article will tell you more than you ever wanted to know about how corrupt CEOs advance their corporate juggernauts by any means they can get away with.
You'll also find out why NVIDIA's strange growth strategies are curiously reminding people of such historic market disasters as Lucent, WorldCom, and Enron.
In ironically saying that NVIDIA is NOT Enron, Sitron made ME think that that's only because the scale of the financial stakes are much higher today -- and, potentially more devastating.
Also the US currently has a regime that is all-in on making as much as they can off this scam before the bubble bursts.
Trust me, a lot of speculators are already shorting Ai stocks as fast as they can -- knowing that the party is about to come screeching to a halt.
Slightly off-topic side note: Trump is about to achieve a trifecta: crashing the US government and with it the economy, causing a stock market crash that will make Hoover's look minor by comparison, and destabilizing the world order leading to multiple new wars.
#NVIDIA #Ai #JensenHuang #EdZitron #USPolitics #Capitalism
Mike Johnson strips military IVF coverage from defense bill – report https://www.theguardian.com/us-news/2025/dec/08/military-ivf-coverage-defense-bill-mike-johnson #Trumpadministration #Fertilityproblems #MikeJohnson #USmilitary #USCongress #USpolitics #Health #USnews #IVF
Trump’s Own Mortgages Match His Description of Mortgage Fraud, Records Reveal
---
The administration has argued that Fed board member Lisa Cook may have committed mortgage fraud by declaring more than one primary residence on her loans. We found that Trump once did the very thing he claimed could be a crime.
https://www.propublica.org/article/trump-mortgage-fraud-florida-principal-residences?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Trump’s Transportation Secretary Sean Duffy Once Defended Congress’ Power of the Purse. Now He Defies It.
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As a congressman, Duffy made an impassioned legal case against executive overreach. A decade later, judges have used those same arguments to rebuke him for withholding billions in transportation funding.
https://www.propublica.org/article/sean-duffy-trump-transportation-secretary-congress-funding?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Transportation #Government #Congress #Trump #USPolitics #Law
Today is World AIDS Day, and for the first time since its inception in 1988, the U.S. government will not be commemorating it. Trent Straube from
POZ Magazine writes about the stats on HIV and AIDS, and the impact of the Trump administration. "Although new HIV rates have declined overall, progress is imperiled due to funding cuts and a hostile administration in the White House," writes Straube.
https://flipboard.com/@POZ2020
#WorldAIDSDay #Health #Medicine #Healthcare #TrumpAdministration #DonaldTrump #USAID #USPolitics
Europe should take the fight to America, just by reporting accurately what is going on there and broadcasting it to the World.
Do the opposite of what the BBC is doing....
#EUPOL #Journalism #USA #USPOL #USPOLITICS #BBC
We are a deeply unserious country.
A new #NIH grant provision makes it easier for NIH to terminate a grant without a court overturning the decision. From the Nov 18 announcement: "The recipient agrees that…funding…may…be terminated…if the agency determines that the award no longer effectuates the program goals or agency priorities."
https://grants.nih.gov/grants/guide/notice-files/NOT-OD-26-009.html
Comment from Jenna Norton, an "NIH program officer who was put on administrative leave last month": "This provision…is…going to create a huge amount of uncertainty that may make it nearly impossible to do science. How can you ethically recruit somebody into a #clinicaltrial if you can't be sure the administration won't change its mind on its priorities and terminate your study mid-stream?"
https://www.medpagetoday.com/washington-watch/washington-watch/118809
#DefendResearch #Funding #Medicine #Trump #TrumpVResearch #USPol #USPolitics
Costco wouldn't back down on DEI, and now it's going up against the Trump administration, suing on the grounds that Trump overstepped his emergency powers by imposing tariffs — and asking for a refund. Here's more from @CNN on what Costco said in the lawsuit, and the handful of other companies that are separately suing the government.
#USNews #USGovernment #TrumpAdministration #Trump #USPolitics #Tariffs #Law #Costco #DEI
At St. Susanna Parish in Dedham, Massachusetts, Baby Jesus disappeared from the Nativity scene, replaced with warning that "ICE was here."
"Jesus was a refugee," said Rev. Stephen Josoma. "And if he were here today he would be deported."
The Archdiocese of Boston has ordered him to remove the display, but he refuses to comply.
Another sign explains: "The Holy Family is safe in The Sanctuary of our Church. If you see ICE please call the LUCE Immigration Justice Network."