Thursday, August 7, 2025

The West’s Ethical Framework Might Not Recover After the Israeli Genocide in Gaza

The Israeli genocide in Gaza violates the Silver Rule, the foundation of nearly all ethical frameworks

Questioning the Corporation

A review of the development and current undue power of corporations provides insightful history but goes off the rails on some current issues.

Links 8/7/2025

Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies

A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies

Satyajit Das: Book Essay – Understanding Iran

A look at modern Iran’s grand strategy and the danger of continued Western underestimation.

How States Are Placing Restrictions on AI in the Absence of Strong Federal Regulation

Yves here. On the one hand, it is gratifying to see that some curbs are being put on AI, even if in a piecemeal fashion by states. Restrictions on AI use in medicine, for instance, will tend to have broader impact since most providers are national and will find it too costly to run a […]

Coffee Break: Grifter as Greek God, Palmer Luckey of Anduril

Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America’s defense industry. He’s not.

Stagflation Watch for the US Economy as a Whole

Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction

Links 8/6/2025

When One of the World’s Most Powerful Nations Is Run By Spoiled Children 

The US cannot achieve its goals in the world by traditional economic or military means, so it increasingly prefers chaos and destruction. How do the other powers stop it? 

Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South

If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?

The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus

Is Trump about to achieve a big win in Russia’s back yard?

Coffee Break: Armed Madhouse – Iran Has the Bomb

Theodore Postol is a retired MIT physics professor who was a consultant to the Pentagon on nuclear weapons and missile defense. He recently published a presentation on Iran’s nuclear weapons capability, which he summarized in a YouTube interview. Professor Postol explains, in considerable detail, how the construction of a deliverable fission bomb is well within […]

Food Rescue Grows in Response to Federal Funding Cuts

Food rescue, charities that use excess from wholesalers, provide free groceries to those in need as Federal programs cut support.

Links 8/5/2025