The Inconsistencies of John Stuart Mill

WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter More than two months ago, long before most Wall Street analysts had any clue that the bulk of the AI buildout commitments were diligently hidden in various off-balance sheet SPVs and other (perfectly legal) accounting gimmicks, we wrote a lengthy article detailing just that, and explaining why far beyond the $1 trillion (and rapidly rising) in annual plain vanilla capex -- all of which now has to be funded through debt issuance since...

Tokenmaxxing Turns To Layoffmaxxing: Uber Slashes Thousands In "Significant" Overhaul Bloomberg obtained a letter from Uber Technologies CEO Dara Khosrowshahi to employees announcing "significant organizational changes" across the company aimed at reallocating spending toward delivery, artificial intelligence, and an increasingly expensive robotaxi buildout. "Today, we're making several significant organizational changes across Uber. We are removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us," Khosrowshahi wrote in the letter. The latest Bloomberg data show that, as of 2Q26, Uber...

Syria Says It's Considering Joining Saudi-Led Mecca Defense Pact Authored by Dave DeCamp via AntiWar.com,Syrian Foreign Minister Asaad al-Shaibani, a former al-Qaeda member, said on Saturday that Damascus was considering joining the Mecca defense pact, the new military alliance between Saudi Arabia, Pakistan, and Turkey."Discussions are currently underway to evaluate Syria’s entry into the Mecca alliance," al-Shaibani said at the Manama Dialogue conference in Bahrain. Syria’s Foreign Minister Asaad al-Shaibani, a former Al Qaeda member. via Reuters Al-Shaibani’s comments come several weeks after several media outlets reported that Syria was considering sending...