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#deregulation

5 posts5 participants0 posts today

"House tax & budget bill's ED provisions: received -little attention.

It KILLS a safeguard preventing for-profit from scamming students +fed govt. For-profit colleges: no longer be req to get 10% of their $ from non-gov sources.

+Eliminates "gainful employment" rules that schools' grads earn enough to comfortably repay loans/earnings exceed those who don't get ED *COST💰, don't save it."
-B Duke

Trump's pro #corruption -a fraudster -fined $25M re Trump Univ.
#Deregulation #StudentLoans #USPol

This in-depth report in the Wall Street Journal describes the catastrophic legacy of gold #mining in Northwestern #Canada. A US company created huge amounts of arsenic waste that pollutes the surface and could enter the world’s tenth-largest #freshwater body. Then the company went bankrupt and left the mess to the Canadians. The elders of the Yellowknives Dene First Nation, the indigenous people of the area, call Giant Mine ‘Nahga’, the monster.
wsj.com/world/canada-gold-mine #Trump #EPA #deregulation

“Next 3.5 years going to be a f**king field day for scammers.”
-R Hakimian

“R lawmakers have proposed eliminating the Public Company Accounting Oversight Board (PCAOB) & transferring its functions to the SEC. This #deregulation threatens crucial safeguards established after the Enron & WorldCom scandals...”

Let’s make sure Trump doesn’t make it through the year. He must be forced to resign or be impeached.

#FinancialOversight #TrumpRegime #Corruption #Resist #USPol

linkedin.com/pulse/why-congres

Continued thread

"Modern civilisation has a number of extremely delicate and highly interconnected components whose graceful degradation is effectively impossible."

It is "much easier to break things than to build them up. The government administrations of Britain, France and Germany for example, were set up at a time in the nineteenth century when the rising middle classes demanded a properly functioning state[…]. It took perhaps a generation for professional, neutral public services to fully emerge."

"Forty years of globalised neoliberalism have broken our societies, our economies and our political systems, and we no longer have the ability to put them back together."

braveneweurope.com/aurelien-th

Brave New Europe · Aurelien - The End? - Brave New EuropeThere must be some way out of here … surely? Cross-posted from Aurelien’s substack A scene from Samuel Beckett’s Endgame The original idea behind these essays when I started them three years ago, was that [...]
Continued thread

…On March 12, the new #EPA unveiled what it called "the most consequential day of #deregulation in US history" by rolling back 31 initiatives & eliminating the agency's #DEI arm & its 10 regional #EnvironmentalJustice offices, which worked w/communities to ID & mitigate local sources of #pollution. It *said* it has saved $2B in *wasteful* [because some people have no worth] spending by canceling hundreds of #grants in conjunction w/ #billionaire #ElonMusk's #DOGE.

"Simplification should not be a guise for deregulation.

By mistaking transparency and openness for an obstacle, not a driver, of innovation, it would shoot itself in the foot. The new transparency rules for AI and data under the EU’s AI Act may become one of the first casualties of this new impetus to roll back some of the recently adopted requirements for the providers of so-called general-purpose AI (GPAI) models.

Under the EU’s AI Act, developers of GPAI models — that is, very large AI models such as OpenAI’s GPT or Google’s Gemini models — will soon have to present a “sufficiently detailed” public summary of the data they used to train the models.

This summary could be a light-touch way to drastically advance transparency around the use of one of AI’s most precious inputs, data at little additional cost to developers.

But if the EU’s AI Office gives in to industry pressure to water down the level of detail, this summary will turn into a performative checkbox exercise that ultimately offers little value to anyone. This would be misguided and short-sighted."

euobserver.com/Digital/ara7bbd

EUobserver · Gutting AI transparency in the name of deregulation will not help EuropeThere has been a vibe shift in Brussels. Over are the days in which the EU postures as the global digital rulemaker who reins in Big Tech. In an attempt to shake its reputation as a tech laggard and adjust to new geopolitical realities, the EU is now pivoting toward regulatory simplification.
#EU#AI#AIAct
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The European Commission released its "AI Continent Action Plan" last week. This high-level communication lays down the various initiatives the European Commission is pursuing to support Europe's AI ambitions and AI uptake: iapp.org/news/a/a-view-from-br

IAPP · A view from Brussels: What is and isn't in the EU's AI Continent Action PlanBy Isabelle Roccia

what you think a life is worth, like literally? how much do you want to spend on it?

regulating agencies have think about such things, trolley-problem style.

there's statistical measure for it called the VSL, the value of a statistical life. it is an important concept to know in a trump USA. what is your life worth to this administration? you can measure it.

motherjones.com/politics/2011/

#doge
#deregulation
#environment
#health
#COVID
#pollution
#climatecrisis
#uspol
#trump