NEW: 🐶DOGE Is Right To Defang the CFPB -Abandoned smart regulatory guidance in favor of being a gov't tort law firm 👨‍⚖️ -Nuisance settlement shakedowns 💵 -Chilling affect depriving innovation for consumers ❄️ -Proposed a rule to include bitcoin transactions in Regulation E of the Electronic Fund Transfer Act to introduce liability and *clawbacks* I make THE case in RealClear Politics this morn https://www.realclearpolitics.com/articles/2025/02/14/doge_is_right_to_defang_cfpb_152360.html

"In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen." –Frédéric Bastiat

Man, I remember using this so long ago

Huge price inflation in kids' school backpacks. What the hell happened here??

🇺🇸VP JD Vance at AI SUMMIT in Paris ❌Precautionary principle ⚡️Pro-energy for AI 🇪🇺 Defend US tech against EU rules 🇨🇳 Compete in hard/software JD's 4 main AI points: -US AI leadership -Excessive regulation chokes innovation -Free from ideological bias -Pro-worker growth path

As someone who makes a living writing, I’m often quite reluctant to use AI for actually anything other than research. Mostly Venice.ai for good research and perplexity for real-time links and original source material. I’ve seen too many articles or blogposts so obviously written by some LLM that I find it almost distasteful. Change my mind

Why do DOGE and Elon Musk care about the CFPB?