News Items

Monetary Looting

The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which Wall Street firms have received this $3 trillion or why they can’t borrow it elsewhere. This kind of obfuscation by the Federal Reserve could actually stimulate distrust in the U.S. banking system.

Two Paths Forward with China – The Good and The Bad

Since a few things became clear to me last year, I've consistently forecasted a significant worsening in U.S.-China relations and remained adamant that all the happy talk of trade deals and breakthroughs is just a lot of hot air. What first appeared to be a unique quirk of Donald Trump has morphed into bipartisan consensus in Congress, and clear signs have emerged that the general public has likewise become alarmed at China's growing global clout.

The Illiberal World Order

From a big picture perspective, the largest rift in American politics is between those willing to admit reality and those clinging to a dishonest perception of a past that never actually existed. Ironically, those who most frequently use "post-truth" to describe our current era tend to be those with the most distorted view of what was really happening during the Clinton/Bush/Obama reign.

Algorithmic Feudalism

 Stiegler insists, however, that authentic thinking and calculative thinking are not mutually exclusive; indeed, mathematical rationality is one of our major prosthetic extensions. But the catastrophe of the digital age is that the global economy, powered by computational “reason” and driven by profit, is foreclosing the horizon of independent reflection for the majority of our species, in so far as we remain unaware that our thinking is so often being constricted by lines of code intended to anticipate, and actively shape, consciousness itself. 

Our Currency, Your Problem

“Major movers” such as China, Russia and the European Union have a strong “motivation to de-dollarize,” said Korin, co-director at the energy and security think tank, on Wednesday.
“We don’t know what’s going to come next, but what we do know is that the current situation is unsustainable."
-  Anne Korin, Institute for the Analysis of Global Security.

U.S.-China Relations in the Years Ahead: The Trade War Is a Sideshow

As President Trump has said many times, we rebuilt China over the past 25 years. No truer words were spoken, but those days are over.
The United States now recognizes China as a strategic and economic rival.
- Vice President Mike Pence during a speech last week at the Woodrow Wilson International Center for Scholars

William Barr Wants to Kill Privacy and Security…’For the Children’

U.S. Attorney General William Barr, along with co-conspirators in the UK and Australia, recently wrote a letter to Mark Zuckerberg requesting he not move forward with a plan to implement end-to-end encryption across Facebook's messaging services. A draft of the letter was published earlier this month by Buzzfeed, and it's worth examining in some detail.