Category Archives: Ridiculously obvious scams

Guess Which Schools and Degrees Produce the Most Student Loan Defaults? Hint: It’s Not the Humanities

A revealing dive into student loan data.

Tech Giants Trying to Use WTO to Colonize Emerging Economies

Tech titans like Google and Apple seek to create a “global” regime to prevent developing economies from protecting their companies or data.

Incoming Board Member Margaret Brown Criticizes CalPERS’ Plan to Hurt Beneficiaries by Hiring Unnecessary, High-Priced Private Equity Middlemen; CalPERS Violates Open Meeting Rules by Advancing Plan in Secret

Incoming CalPERS board member Margaret Brown dishes out some straight talk on where the giant pension fund needs to shape up.

LEAKED: Head Of FCC Mocks Impending Destruction Of The Internet

Ajit Pai, the head of the FCC, shows his true colors. Not a pretty sight.

Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion

Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.

MIT Professor Angrist Publishes Obviously Misleading Analysis of Uber Driver Economics….With Uber Chief Economist as Co-Author

More Uber boosterism masquerading as analysis.

Bitcoin Could Cost Us Our Clean-Energy Future

The insane trajectory of the energy cost of bitcoin mining.

Gizmodo Echoes Naked Capitalism: “Don’t Buy Anyone an Echo”

Naked Capitalism is now in very good company in warning you to stay far far away from the Echo and its cousins.

Tax Cuts, Wages and Salaries: Will Lower Taxes and Profit Repatriation Help Workers?

Debunking some of the claims of tax “reform” proponents, like that giving companies a tax break to repatriate profits will create jobs.

GOP Tax Bill is Even Worse Than We Think

There’s ugly, and then there’s the GOP’s tax bill.

New Paper Debunks Desperate Rationalization for Private Equity: Lower Volatility Based on Bogus Valuations

A new paper by Jeff Hooke and Ken Yook of John Hopkins argues that “smoothed,” as in phony, private equity valuations are misleading.

Judge Slams Uber for Withholding, Possibly Destroying Evidence in Waymo Trial; May Undermine Uber in Other Litigation

Uber is in serious hot water in the Waymo trial. If Uber did try pulling a fast one on the court, the blowback could extend to other cases.

Tesla’s “Semi” Truck: Perspectives from the Cab and the Truck Stop and the Dock

Looking at the Tesla Semi from the driver’s perspective.

Don’t Look to India’s Universal ID System as Model for Biometrics to Replace Social Security Numbers

India’s Aadhaar universal identification number scheme, including biometrics, is no viable model for replacing Social Security numbers.

Trump’s FCC Goes to War on Net Neutrality

Net neutrality has been under attack since 2002, and the Trump Administration is determined to do it in.