Tag: Peter Thiel

Freddie Mac Using Shady AI Company for Mortgage Loans

Tina Marie (Ms. Cat)

Here’s what the Journal didn’t report: ZestFinance is currently entangled in a class action lawsuit for dodging state-imposed limits on exorbitant payday lending interest rates. This is at least its second time in court over these issues. The Journal also neglected to note how one of the company’s venture capital backers has direct ties to President Donald Trump’s American AI Initiative, which could allow taxpayer dollars to flow through ZestFinance back into his pocket.

Press coverage of ZestFinance has barely discussed these salient facts. That’s why the House Financial Services Committee needs to conduct an oversight hearing of the company’s new relationship with Freddie Mac.
— Read on prospect.org/power/freddie-mac-using-shady-ai-company-for-mortgage-loans-ZestFinance/

Peter Thiel backed pro-Kobach dark money group, sources say | The Kansas City Star

Tina Marie (Ms. Cat)

Billionaire Peter Thiel helped fund the dark money group that backed Kansas Republican Kris Kobach in 2018, sources said. Thiel also contributed to Missouri Senator Josh Hawley’s political rise.
— Read on www.kansascity.com/news/politics-government/article235516452.html

In a 2009 essay for the Cato Institute, he argued that democracy and liberty are incompatible, blaming the decline of U.S. democracy partly on women gaining the right to vote in 1920.