Small businesses file for bankruptcy at record pace, surpassing COVID crash. From: Epoch Times/Zero Hedge. The Federal Reserve’s monetary tightening to combat inflationary pressures has been largely behind the uptick in bankruptcies. UBS indicated that the fear of a credit crunch has further worsened the rise in defaults.
The rule of law and the proliferation of laws. From: Econlib. The danger for the rule of law comes from the proliferation of legal obligations and bans, not from treating statocrats like ordinary individuals. The more laws, the easier to use them for persecution of disliked individuals or minorities.
😮 Defamed by ChatGPT: My own bizarre experience with artificiality of “artificial intelligence.” From: Jonathan Turley. “I learned that ChatGPT falsely reported on a claim of sexual harassment that was never made against me on a trip that never occurred while I was on a faculty where I never taught.”
The great gun control myth. From: American Thinker. No legislation is capable of keeping anyone "safe" from anything. Individual responsibility exercised with situational awareness is the only "protection" universally available. No legislation required.
U.S. dollar “fear mongers" only need to be right once. From: Quoth the Raven. Everyone says the U.S. dollar losing reserve status could never happen. Okay, great. Now, what if it does?
The gaping hole in the middle of the Trump indictment. From: Politico. “What exactly are the ‘other crimes’ the former president is alleged to have committed that justify bringing the case?”
The right thing to do. From: Bill O’Reilly. A president should put the country ahead of politics. Some have.
🤪 California considers union-backed bill requiring driverless trucks to have a driver in them. From: Reason. Just like politicians paid teachers union members not to work during COVID, they are offering the same to union-backed truck drivers.