Tag: Regulations

Biden Stoops to Conquer Brazil’s Lula

Tina Marie (Ms. Cat)

The tragicomic “insurrection” in Brasilia on Sunday was destined to meet a sudden death. The universal condemnation and, in particular, the brusqueness with which the Biden Administration distanced itself from the protestors, sealed their fate. Certainly, this revolt is no “civil war,” although it is difficult to make predictions about new protests in the country.

Biden Stoops to Conquer Brazil’s Lula

BMW Further Embraces Making Basic Features A Costly Subscription Service

Tina Marie (Ms. Cat)

from the sorry-seatbelts-are-extra dept
Wed, Jan 11th 2023 05:22am – Karl Bode

Last year BMW took ample heat for its plans to turn heated seats into a costly $18 per month subscription in numerous countries. As we noted at the time, BMW is already including the hardware in new cars and adjusting the sale price accordingly. So it’s effectively charging users a new, recurring fee to enable technology that already exists in the car and consumers already paid for.

BMW Further Embraces Making Basic Features A Costly Subscription Service

If You Don’t Want EU Style Censorship To Take Over The Internet, Support Section 230

Tina Marie (Ms. Cat)

from the the-eu-approach-is-dangerous dept
Fri, Jan 6th 2023 10:41am – Mike Masnick

Last summer, I mocked the EU a bit for setting up a new office in Silicon Valley, and sending an official here to “liaise with Silicon Valley companies affected by EU tech regulation,” noting how it felt weird to have EU internet police setting up shop in Silicon Valley. Given that, I was a bit surprised that the new office invited me to “moderate” a panel discussion last month about the Digital Services Act (DSA), a bill I have regularly criticized and which I think is going to be dangerous for free speech on the internet.

If You Don’t Want EU Style Censorship To Take Over The Internet, Support Section 230

Related:

Communications Decency Act – Section 230

Cryptocurrency News: US Regulators Should ‘Maybe’ Ban Crypto + Digital Asset Anti-Money Laundering Act of 2022

Tina Marie (Ms. Cat)

Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto

The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”

…

Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.

Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.

Get ready for the Digital Dollar!

Related:

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More Biden Oil And Gas Restrictions Are On The Horizon

Tina Marie (Ms. Cat)

Despite pleading with oil and gas companies to boost their output in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a greater emissions reduction in operations. And he’s not the only one, as the U.K. and EU look to reduce gas flaring and venting practices to curb their methane emissions in line with climate pledges.

More Biden Oil And Gas Restrictions Are On The Horizon

Before FTX collapse, founder poured millions into pandemic prevention

Tina Marie (Ms. Cat)

Before FTX collapse, founder poured millions into pandemic prevention (archived)

The Bankman-Frieds’ family foundation in February also committed $5 million to ProPublica, a nonprofit news organization, to support reporting focused on pandemic preparedness and biosecurity, including one-third of the grant delivered upfront. The funding has subsidized several staff and articles — including a high-profile story with Vanity Fair about the possibility that covid leaked from a Chinese laboratory, which frustrated some of the Bankman-Frieds’ pandemic advisers who pointed to criticism of its translations of Mandarin Chinese. ProPublica was told last week that the remaining two-thirds of the grant is being paused, a spokesperson confirmed.

Source.
OpenSecrets.

What Is Behind Claim Joe Biden ‘Laundered’ Billions in Ukraine Aid via FTX?

Tina Marie (Ms. Cat)

What Is Behind Claim Joe Biden ‘Laundered’ Billions in Ukraine Aid via FTX?

Multiple tweets, posted between November 12-15, 2022, claim that Ukraine sent billions of dollars sourced from foreign aid to FTX, which was then sent back to the Democratic party.

…

Caught in the tailwinds of the scandal, many onlookers have pointed out the links between FTX and U.S. political parties, particularly the Democrats.

Bankman-Fried’s personal contributions to the Democrats have been public knowledge for some time, and he was the subject of a Politico profile in August 2022 that described him as the “newest megadonor,” but he has also made contributions to Republicans.

He tweeted on November 5, 2022, that he was “a significant donor in both D and R primaries. Supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC. And working with them to support permissionless finance.”

“As part of this, @rsalame7926 [FTX Executive Ryan Salame] and I signed up campaigns to accept crypto; and gave some, including millions to Senate & House Republicans.”

…

Earlier this year, it was reported by The Intercept that FTX executive Ryan Salame started American Dream Federal Action, his own super PAC focused solely on electing Republicans, into which he invested millions of dollars.

Salame also contributed to the Republican Senate Leadership Fund and Congressional Leadership Fund. These donations were also reported, as per The Intercept article above, prior to the collapse of FTX.

The underlying implication among the claimants—that the Democratic Party was the sole beneficiary of donations stemming from FTX wealth—is provably false.

Related:

FTX’s SBF has made donations to Republican and Democrat parties

First, if there was any money laundering, both Democrats and Republicans were involved. Second, I don’t believe anything that Hal Turner says because he was an FBI Informant,