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2028 Democrat Presidential Hopeful Exposes Party Civil War Against Its Socialist Wing
2028 Democrat Presidential Hopeful Exposes Party Civil War Against Its Socialist Wing
Gov. Josh Shapiro sat down with Dana Bash on CNN's State of the Union this weekend and said the quiet part out loud: his party is being overrun by its socialist and far left flank.
Bash pressed Shapiro on Darializa Avila Chevalier, who won the Democratic congressional primary in New York’s 13th congressional district last month while running as an open socialist.
Chevalier's platform includes abolishing prisons, opening the borders, ending deportations, and granting mercy even to violent criminals.
Bash also...
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Sep 2, 2026 / Tyler Durden
OpenAI Hits Back At Apple In Trade Secrets Lawsuit
OpenAI Hits Back At Apple In Trade Secrets Lawsuit
Authored by Bill Pan via The Epoch Times,
OpenAI has pushed back against Apple's accusations that it stole the iPhone maker's hardware secrets, blaming the dispute on Apple's own handling of departing employees.
In a court filing on Monday, OpenAI asked a federal judge to deny Apple's request for a preliminary injunction, which would bar the ChatGPT maker and two former Apple employees from accessing, using, or disclosing alleged trade secrets while the case proceeds.
"This dispute is a mess of Apple's own making,...
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Jun 1, 2026 / Tyler Durden
Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire
Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire
As we have discussed ad nauseam in the past years, perhaps the biggest mystery surrounding the entire AI supercycle, is where will the hyperscalers find the funds to pay for the trillions in projected capital spending now that most of their Free Cash Flow is flat or negative (with the exception of Microsoft).
And while many are forced to resort to aggressive debt issuance with Morgan Stanley estimating that credit markets will...
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Jul 14, 2026 / Tyler Durden
Offload Risks Onto The Bottom 90% And Immiseration Follows
Offload Risks Onto The Bottom 90% And Immiseration Follows
Authored by Charles Hugh Smith via OfTwoMinds blog,
The underlying story of the past 50 years has been the offloading of risk onto workers and consumers.
On my map of how the world works, we start with structures of control that distribute the good stuff--resources, assets, income and power--and the bad stuff: costs, losses and risks. As I explained in The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs, the current arrangement distributes the gains to the top 10% and the costs and risks to...
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