Category Archives: Ridiculously obvious scams

Protecting Yourself from Amazon Violating Your Air Rights and Privacy by Drone Trespassing

In the unlikely event the Amazon drone delivery service gets to be anything other than for show, some ideas for how to protect your rights.

Analysis: Why Alexa’s Bedside Manner Is Bad For Health Care

Hoo boy, trusting Alexa for health care. What could go wrong? A lot, it turns out.

Consumer Contracts Restatement Delayed: Consumers Win…For Now

Following pushback from Elizabeth Warren, state attorneys general, and both consumer advocates and business groups, consumer contracts restatement delayed – for now.

AOC Calls for Ban on Revolving Door as Study Shows 2/3 of Recently Departed Lawmakers Now Lobbyists

AOC outs an unlikely ally after tweet calling for a lifetime ban on former members of Congress becoming lobbyists: an attempt to stop the revolving door between “public service” and personal profit.

Trump Admin’s Latest Rail Safety Rollback Sets up Industry to Make Its Own Rules

Trump administration continues to follow the self-regulation gospel – this time in the area of rail safety. This case study in corporate capture of American regulation is yet another area where the accidents are just waiting to happen.

Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?

A post-mortem of the Uber and Lyft IPOs.

Some Schools Shutting MBA Programs….But Don’t Cheer Yet

An MBA isn’t what it used to be, but the smaller programs are morphing rather than disappearing.

Bankruptcy: An Option for Taxi Drivers Crushed by Medallion Loans?

Contrary to what the NYT asserts, taxi drivers who can get competent legal advice might find bankruptcy allows them to escape onerous medallion loan burdens – and keep their medallions.

Trump’s Sneak Attack on Social Security

Trump budget proposal incorporates an attack on Social Security, advocating a switch to the chained Consumer Price Index (CPI) to index the federal definition of poverty, a step that would result in lower benefits.

Public-Private Partnerships Fad Fails

After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted to mobilize private finance for the public purpose. PPPs have socialized costs and losses while ensuring private financial gains.

The Federal Government Has Poured Millions into Failing Charter Schools in Louisiana

Another fiasco: charter schools in Louisiana.

How Deep Is Boeing’s Hole?

A favorite saying of famed short seller David Einhorn is, “No matter how bad it looks, it’s worse.”. This appears particularly true of Boeing these days.

SEC to Relax Audit Requirements for Small Companies, Thus Facilitating Future Accounting Fraud

SEC proposes relaxing internal control attestation requirements for companies with annual revenues of less than $100 million.

Boeing’s Crapified Safety Culture: Airline Pressured, Overruled FAA Designees, Told FAA Late of Problems, Gave Inconsistent Stories to 737 Max Customers

The longer you look at Boeing, the uglier it gets.