In the News II

Quote: AZDuffman

Not really.

Yes, really.

Of course there are many wealthy liberals / progressives, and some of them toss money at like-minded politicians.

But so do the wealthy conservatives.

When I hear you and others talk about a "Deep State" it reminds me of "the Illuminati:" an alleged group who actually control the country, akin to "secret kings of the country."

To which I simply say "balderdash."

Quote: missedhervee

Yes, really.

Of course there are many wealthy liberals / progressives, and some of them toss money at like-minded politicians.

But so do the wealthy conservatives.

When I hear you and others talk about a "Deep State" it reminds me of "the Illuminati:" an alleged group who actually control the country, akin to "secret kings of the country."

To which I simply say "balderdash."

You aren’t naive enough to believe Potus and Congress control things are you?

Quote: AZDuffman

You aren’t naive enough to believe Potus and Congress control things are you?

They make and enforce federal law: that counts for something.

But you raise an interesting point, namely: where is the line drawn between proper and improper exercise of governmental authority?

You aren't naive enough to believe that Trump will get away with all his Project 2025 nonsense are you?

Clearly this schmuck wants unlimited power.

So far the courts are trumping Trump, as they should.

What they're calling AI is nowhere close to AI.

It searches fast and replies with previous fake news and fake science.


A fake-AI bot.

It already is useless unless you use it a specific way.


Like "what is the wavelength for red?".

Something with 100% consensus.

But it's just a fast searcher.


It's dumber than the dumbest human.

The fraudulent "AI" phrase was a gimmick to steal money from folks.

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Apr 29, 2025
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I argue a lot with Grok. The argument always goes the same way:

1. I ask Grok a question on some politically-charged issue.

2. Grok answers convincingly and without hesitation or ambivalence, citing mainstream media news sources and politically-compromised scientific "studies" as the totally-correct bases for its answer.

3. I disagree, and then challenge Grok, questioning why it assumes its sources are accurate.

4. Grok walks it back slightly, and I challenge it again on the same grounds.

5. After about 5 rounds of this, Grok admits I'm right.

AI will be useless until it learns to critically appraise the validity of what it uses as sources.
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https://xcancel.com/CynicalPublius/status/1917010168703070583#m

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I wanted to show the fake AI concentration in the SPX, so I asked fake AI from Brave:


The Dow could drop 8000 points in a day easily.

For example, NVDA is worth about a quarter (if that).


Then on top of the concentration, the derivatives are not included.

I'd think a large bank needs to fail before they realize AI is a scam.

I'd guess BAC.

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S&P 500 Concentration

The S&P 500 (SPX) index has seen a significant concentration of its value in a group of seven tech stocks, referred to as the "Magnificent 7" or "MAG 7," which include Apple, Microsoft, Amazon, Google, Nvidia, Tesla, and Meta Platforms. As of mid-2024, these seven stocks accounted for nearly 34% of the SPX index's value, highlighting a notable lack of diversification and potential concentration risk for investors.

Edward Dowd noted that foreign investors who purchased SPX ETFs at the peak of the MAG 7 mania faced a significant concentration risk, with 34% of their investment exposed to just these seven stocks, indicating a high level of risk due to the lack of diversification.
This concentration has implications for cryptocurrency markets, particularly for AI-related tokens, as the performance of the MAG 7 stocks can influence market sentiment towards AI and related cryptocurrencies.

Concentration risk is a concern because if these dominant tech stocks experience a downturn, it could have a substantial impact on the overall performance of the S&P 500 index. Some experts fear that such concentration may put investors at risk, while others think such fears are likely overblown.

To mitigate this risk, investors can consider ETFs that exclude the Magnificent 7 tech giants, such as Defiance’s XMAG, which provides a potential solution for those seeking greater diversification.

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Quote: fleaswatter

As the DemoncRATS always say "No one is above the law" LOL LOL

She FA now she FO

This is just the next phase of her problems.

Quote: fleaswatter

Quote: fleaswatter

As the DemoncRATS always say "No one is above the law" LOL

She FA now she FO

This is just the next phase of her problems.

https://www.mediaite.com/tv/newsmax-legal-analyst-andrew-napolitano-calls-out-trump-admin-for-arresting-wisconsin-judge-theyre-on-a-bit-of-a-jihad/

Newsmax legal analyst Judge Andrew Napolitano sharply criticized the Trump administration on Monday over the arrest of a sitting Wisconsin judge late last week

Quote: terapined1

I like that one.

Monkey business.

Quote:

Kohl’s has fired CEO Ashley Buchanan after an investigation found he told the company to enter two business deals involving a romantic partner, according to a report.

Buchanan, who took on the position in January, was fired Wednesday after an investigation found he directed Kohl’s to enter a “highly unusual” business deal with a company whose founder he had personal ties to, SEC filings indicate. The terms of that business deal were “favorable” to the vendor, the filings state.

He also entered Kohl’s into a “multi-million dollar” consulting agreement with a team that the individual was part of, the filings indicate. He then failed to disclose that personal relationship to Kohl’s, violating the company’s code of ethics.

The filing did not identify the founder and consultant. But, The Wall Street Journal reports her name is Chandra Holt and the two had a romantic relationship.

Buchanan and Holt met while they were both working at Walmart, according to the Journal.

Buchanan left Walmart in 2020 to serve as CEO of Michaels, while Holt left in 2021 to serve as CEO of Bed Bath and Beyond. She later became a consultant and founded Incredibrew, a coffee brand containing vitamins and minerals.

Buchanan reshared one of Holt’s posts advertising the product on LinkedIn earlier this year.

In addition to leaving his post, Buchanan must now forfeit all equity awards from Kohl’s. He also has to reimburse the company on a prorated basis for his $2.5 million signing bonus.