Category Archives: Ridiculously obvious scams

US Affordable Housing Policy Works for Wall Street and Rich Developers, Not Renters

Current policy doesn’t provide affordable housing very well but does a good job of lining the pockets of real estate interests.

Defending Privacy in the Surveillance State and Fragmenting Internet

Governments and private entities are eroding privacy on the internet. Is it possible to safeguard both openness and security in cyberspace?

Game Finally On! Judge Denies Key Motions to Dismiss in Kentucky Retirement Systems Litigation, Subjecting KKR, Blackstone, PAAMCO, and Top Financiers Henry Kravis, George Roberts, Steve Schwarzman, and Tomlinson Hill to Discovery

The much-delayed Kentucky Retirement System cases are finally moving forward, causing heartburn to some top names on Wall Street.

AirBnB Again in Bed With Surveillance State Tactics by Asking for Biometric ID, Spurring Illinois “Mass Arbitration” Action

AirBnB seems determined to violate customer privacy by demanding government ID images, against the laws of some states. What gives?

Making the World Safe for KFC: How Development Banks Underwrote Fast Food’s Global Takeover

How the World Bank’s IFC and others development banks supported KFC’s world conquest by backing its factory farms.

US Strategy for Great Power Competition: More Graft and Hope for Wonder Weapons

Venture capital and private equity are playing a larger role in the military-industrial complex leading to even more corruption, lack of accountability and the swallowing up of young minds by the Silicon Valley money pit.

Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction

Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.

The Medicare Maze

Eileen Appelbaum takes a critical look at Medicare Advantage, exposing how it falls short of its cost-saving and quality-enhancing promises.

ACA Plans Are Being Switched Without Enrollees’ OK

Unauthorized enrollment or plan-switching is emerging as a serious challenge for the ACA, also known as Obamacare.

NYC AI Chatbot Touted by Adams Tells Businesses to Break the Law

The Microsoft-powered bot says bosses can take worker’s tips and that landlords can discriminate based on source of income.

US Scheme to Challenge Russian Dominance in Nuclear Energy Faces Major Obstacles – Including an Overreliance on Russia

Plans suffer from design flaws, cost overruns, and a reliance on Russia for multiple stages of the nuclear fuel cycle.

Matt Taibbi: “Meet the AI-Censored? Naked Capitalism”

Matt Taibbii took a good look at Google’s AI censorship of this site and deemed it “an early, scary test case for mechanized suppression.”

Financial Times Tells CalPERS Not to Go Further Into the Private Equity Haunted House

The Financial Times debunks private equity flim-flammery even as CalPERS and others sign up for more.

Google Censorship: AI Run Amok Threatens Demonetization Over a Navigation Page with No Ads, An Article on a Foreign Policy Best-Seller Deemed Anti-Vaxx, and More Flagrant Errors

Google tries to censor this site based on a systematically flawed AI review. How many others will be victims of bad algos?

Private Equity Buying Up Accounting Practices. What Could Go Wrong? The Health Industry Gives Some Ideas

Private equity is setting out to hoover up accounting practices. The sorry experience in health care says there is cause for pause.