Welcome to Surveillance State
Are Your Purchases Getting Flagged? Hi Reader, Here’s what our editors are looking at today… | | | Jim Rickards: American Financial Transactions with “MAGA” “Trump” and the Bible are Flagged According to documents obtained by the Select Subcommittee on the Weaponization of the Federal Government, the federal government flags terms like “MAGA” and “Trump” for financial institutions if Americans use those phrases when completing transactions. GOP lawmakers on the panel said that individuals who shopped at retailers such as Cabela’s or Dick’s Sporting Goods or purchased religious texts such as the Bible may also have had their transactions flagged. This kind of pervasive financial surveillance, carried out in coordination with and at the request of federal law enforcement, into Americans’ private transactions is alarming and raises serious doubts about FinCEN’s respect for fundamental civil liberties. ⇒ Read More Here | |
James Altucher: The AI-Powered Rabbit R1 Wants to Kill Your iPhone For Good Your smartphone’s days might be numbered. At least, that’s the idea with the R1, a device powered by artificial intelligence from AI startup Rabbit. The device was first introduced at the 2024 Consumer Electronics Show where it quickly made waves for its bold and innovative interface and design—along with its complete and total embrace of AI. The R1 is roughly half the size of an iPhone but works entirely using Rabbit’s “large action model” AI. Instead of interacting with individual apps and websites on a smartphone, users will instead be able to use voice commands to do everything that they want to do from ordering an Uber, to planning a trip abroad, to playing a song on Spotify. ⇒ Read More Here | |
Zach Scheidt: JetBlue-Spirit Buyout BLOCKED A federal judge on Tuesday sided with the Biden administration and blocked JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice Department had sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline. U.S. District Judge William Young, who presided over a non-jury trial last year, said Tuesday that the government had proven that the merger “would substantially lessen competition” and violated a century-old antitrust law. ⇒ Read More Here | |
That’s all for today, we’ll be back Monday with more of our top articles. Make sure to email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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Keep a civil tongue.