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The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party
The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party
A billionaire hedge fund couple is dumping millions into a high-stakes effort to push the Democratic Party away from its increasingly radical left flank and challenge its entrenched leadership.
Steve and Sue Mandel, wealthy Democrat donors from Greenwich, Connecticut, have committed at least $20 million to a network of political groups aimed at elevating more moderate candidates, according to a new report from The Wall Street Journal.
Hedge-fund billionaires Sue and Steve Mandel. (via WSJ)Their operation includes at least three organizations...
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Jun 13, 2026 / Tyler Durden
AI's Core Flaw: "Mass Regurgitation Of Misinformation"
AI's Core Flaw: "Mass Regurgitation Of Misinformation"
Authored by Charles Hugh Smith via OfTwoMinds blog,
These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy.
I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive to define the "problem" such that the "solution" happens to be the one we own and control.
So the "problem" AI solves is "corporate profits are too low," and so...
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Jul 9, 2026 / Tyler Durden
New Hampshire Kills Historic $100M Bitcoin Bond Proposal
New Hampshire Kills Historic $100M Bitcoin Bond Proposal
New Hampshire's Executive Council narrowly rejected a proposal Wednesday that would have authorized a $100 million Bitcoin-backed bond, ending what supporters hoped would make the state a pioneer in digital asset finance, according to Bitcoin Magazine.
The measure failed in a 3-2 vote after reaching its final approval stage, despite receiving a favorable rating review from Moody's and backing from Governor Kelly Ayotte and the New Hampshire Business Finance Authority. Had it moved forward, officials said it would have been the first municipal...
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Jul 29, 2026 / Tyler Durden
US Launches New Airstrikes On Iran After Trump Warned "They're Going To Get A Beating"
US Launches New Airstrikes On Iran After Trump Warned "They're Going To Get A Beating"
Summary
New US attack wave on Iran begins in overnight hours.
Tehran denies seeking talks, insists on Hormuz terms.
Oil climbs as attacks on Saudi energy sites continue.
Conflict widens with joint US-Saudi strikes in Iraq which killed at least 20.
Will the U.S. invade Iran before 2027?
Yes 25% · No 76%View full market & trade on Polymarket * * *
New US Strikes on Iran Begin in Night Hours
The United States has begun a new round of airstrikes in Iran...
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