All posts tagged: proposes

Elon Musk Proposes Putting US Treasury on Blockchain

Elon Musk Proposes Putting US Treasury on Blockchain

Published by José

Elon Musk and his gang of young interns are descending on US federal agencies like flies. After a tense weekend in which Musk forced his way into the Treasury’s servers — gaining access to Social Security, Medicare, and possibly student loan payment information — it was widely reported that Trump’s broligarch has “read only access” to the department’s sensitive information. Essentially, he can’t gunk up any ongoing payments, at least yet, though his team theoretically has access to huge amounts of personal information about Americans the Treasury holds, inviting legal attacks for unlawful disclosure. And to hear him tell it, Musk is only getting started. Now he’s signaling a radical plan to transfer the US Treasury to the blockchain. “Career Treasury officials are breaking the law every hour of every day by approving payments that are fraudulent or do not match the funding laws passed by Congress,” he posted on Monday. The tech mogul failed to share any evidence to back up his claim, but when asked by an acolyte if the Treasury should be put …

Befuddled Elon Musk Proposes Theory That Homeless People Don’t Actually Exist

Befuddled Elon Musk Proposes Theory That Homeless People Don’t Actually Exist

Published by José

It’s no secret that multi-hyphenate CEO — and richest man in the world Elon Musk — has become significantly detached from reality. He’s long surrounded himself with sycophants, going as far as to buy himself a social media network to systematically tune out his critics. Musk has also long looked down on those far less privileged than him, baselessly accusing them of crimes and insulting them. Now those dark threads seem to be merging: in a recent tweet, Musk claimed that “in most cases, the word ‘homeless’ is a lie,” arguing that “it’s usually a propaganda word for violent drug addicts with severe mental illness.” Needless to say, the utterance marks a new low, highlighting Musk’s well-documented vitriol and lack of empathy for the victims of an unjust society. It also underlines a staggering unwillingness to engage with the actual issues that have led to a steady growth in the number of unhoused people. Musk was responding to a tweet that baselessly alleged that giving homes to unhoused people leads to them fighting and killing each …

US proposes restrictions for investments in Chinese tech, AI | Trade War News

US proposes restrictions for investments in Chinese tech, AI | Trade War News

Published by Sam

Draft rule would prohibit US investors from funding AI systems in China that could be used for weapons targeting, other military uses. The United States Department of the Treasury has fleshed out a proposed rule that would restrict and monitor US investments in China for artificial intelligence, computer chips and quantum computing. The fleshed-out draft rule, issued on Friday, stems from President Joe Biden’s August executive order regarding the access that “countries of concern” have to American dollars to fund advanced technologies that could enhance those nations’ military, intelligence, surveillance and cyber-capabilities. The order identified China, Hong Kong and Macau as countries of concern. The Biden administration has sought to stymie the development of technologies by China, the world’s second largest economy, that could give it a military edge or enable it to dominate emerging sectors such as electric vehicles (EVs). In addition to the proposed rule, Biden, a Democrat, has also placed a stiff tariff on Chinese EVs, an issue with political implications as Biden and his Republican presidential opponent Donald Trump are both …

Newsom proposes to let Arizona doctors perform abortions in California

Newsom proposes to let Arizona doctors perform abortions in California

Published by skeptic

In a file photo from Nov. 6, 2022, California Gov. Gavin Newsom appears at a rally in support of Proposition 1, a state constitutional amendment to guarantee the right to abortion and contraception. Damian Dovarganes/AP hide caption toggle caption Damian Dovarganes/AP In a file photo from Nov. 6, 2022, California Gov. Gavin Newsom appears at a rally in support of Proposition 1, a state constitutional amendment to guarantee the right to abortion and contraception. Damian Dovarganes/AP California Gov. Gavin Newsom says the state is working on emergency legislation that would allow doctors from Arizona to come to California to provide abortions. The announcement comes days after the Arizona Supreme Court ruled that the state should follow a law from the 1860s that outlaws abortions in all cases except when the pregnant person’s life is in danger. Newsom, a Democrat, said Sunday during an appearance on MSNBC’s Inside with Jen Psaki that California is in a position to help those who are set to lose the ability to have an abortion in neighboring Arizona. “I think …

Triangle of Sadness Director Proposes Requiring Licenses to Use Cameras

Triangle of Sadness Director Proposes Requiring Licenses to Use Cameras

Published by Sam

Triangle of Sadness director Ruben Östlund understands the power of cinema and its impact on society, which is why he’s proposing a radical idea to regulate the use of cameras. The Oscar-nominated filmmaker recently expressed in an interview with The Guardian the importance of consuming high-quality media, especially since people’s relationship with screens — big or small — has become much more prominent today. “I have an idea,” Östlund said. “What if you were only allowed to use a camera if you have a license? You need one for a gun — at least in sophisticated countries. The camera is also a powerful tool.” The Square director also advised other filmmakers to treat media with a level of caution and understand the responsibility they hold as films can potentially influence society in ways they weren’t intended to. “Movies are changing the world and it’s important to take that into consideration when you’re in this profession,” Östlund explained. “In the entertainment industry there is the strange sense that if you’re dealing with fiction then it’s not going to …

Global markets watchdog proposes closer scrutiny of stock exchanges

Global markets watchdog proposes closer scrutiny of stock exchanges

Published by Sam

LONDON :Global securities watchdog IOSCO on Thursday proposed detailed guidance on how regulators should supervise stock exchanges more closely to negate risks from changes in business practices. IOSCO, which groups financial regulators from the United States, Europe, Asia and elsewhere, said that exchanges have increasingly become publicly listed companies over the past two decades while remaining self-regulatory in some cases. Bourses have expanded geographically and diversified into technology and data services, IOSCO said in the report, citing partnerships with the likes of Google Cloud and Microsoft as exchanges have moved well beyond their traditional role of listing and trading stocks under a mutualised structure. In Europe, Brexit has contributed to the increased cross-border operation of exchanges and other types of trading venues, it added. “The market evolutions have influenced the way exchanges and exchange groups are organised, which can potentially create new conflicts of interest, as well as operational and organisational interdependencies,” IOSCO said. “These may give rise to potential risks and challenges concerning the regulatory functions and responsibilities of exchanges, as well as supervisory …

Slovakia proposes law allowing bears to be shot near villages – POLITICO

Slovakia proposes law allowing bears to be shot near villages – POLITICO

Published by skeptic

The draft law comes after a woman died in March, falling off a ravine, after she was chased by a bear; five people were injured in a separate attack. Environment Minister Tomáš Taraba, who represents the far-right Slovak National Party and put forward the draft legislation, has been pushing to loosen protection rules for bears both at the national and the European levels. At a meeting of EU environment ministers last week, Taraba called on the European Commission to downgrade the protection status of the brown bear. Bears are a protected species under EU law, meaning their culling is strictly regulated and should not undermine their long-term conservation. The legislative fast track removes some barriers in the parliament, but Taraba will still need broad support for it to pass. “In a short time, we will give the opposition a chance to show whether it is on the side of the citizens, their health and lives, or with various irresponsible non-governmental organizations who say that bears are herbivores and citizens are not in danger,” the minister …

EU chief proposes raising tariffs on Russian grain

EU chief proposes raising tariffs on Russian grain

Published by skeptic

European Commission President Ursula von der Leyen and European Council President Charles Michel attend a press conference, on the day of a European Union leaders summit in Brussels, Belgium March 21, 2024. REUTERS/Johanna Geron JOHANNA GERON / REUTERS EU chief Ursula von der Leyen said Thursday, March 21, that Brussels was proposing raising tariffs on Russian and Belarusian grain to protect Europe’s farmers and punish Moscow over its war on Ukraine. The announcement came hours after Ukrainian President Volodymyr Zelensky complained to EU leaders that it was not fair Russian grain continued to have “unrestricted” access to their markets, while Ukrainian imports were being limited. “It will prevent Russian grain from destabilizing the EU market in these products. It will stop Russia from using the revenues from the export of these goods,” the head of the European Commission said after an EU summit in Brussels. A day earlier, the EU struck a deal to cap duty-free imports of a range of Ukrainian farm goods – which were allowed in the wake of Russia’s invasion but …

Boeing Max 737 under scrutiny again after FAA proposes inspections for possible wiring flaw

Boeing Max 737 under scrutiny again after FAA proposes inspections for possible wiring flaw

Published by skeptic

In December 2021, the flight crew of a 737 Max 8 jet descending on autopilot from the skies somewhere over the U.S. momentarily lost control when it “rolled violently to the right” without warning, the plane’s captain recounted. The first officer acted fast, disengaging the autopilot, and recovered control of the airplane — all within about a second. The plane landed safely with no other problems. The unidentified plane’s sudden uncommanded bank, at an angle of about 30 degrees, was enough to prompt the captain to submit a report to the Aviation Safety Reporting System, a NASA-run repository shared confidentially among front-line aviation personnel worldwide and available publicly with identifying details removed. In the report, the pilot wrote that a control panel warning lit up during the incident, signaling a problem with the airplane’s left-wing spoiler — a hinged plate on top of the wing that can be lifted to cause drag and slow the aircraft. It wasn’t the first time the problem had happened, the captain added. “This exact scenario was previously written up …