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38
Ukraine Claims Underwater Strike on Strategic Crimean Bridge
Here is a PE view on the damage to the bridge. -
97
Will Trump bankrupt the US entirely?
I suppose you wouldn't if you've worked in banks for 32 years.. You're right to call me out on that statement regarding every American owning his share of the reward for his part of the GDP he created. Strictly speaking that's true, as America no longer operates slavery and people are paid for the work they do. However, it is of course an imperfect system, meaning that the worker does not get the true value of what he created, only that fraction which his employer is compelled to give him. It has long been known that the American dream is dead, in the sense of upward social mobility is extremely rigid in the US, to put it mildly. The story of the dishwasher who makes a billion, it does happen, but it is a minute execption. Most people will not enjoy the social mobility which the American dream promises. This is quite true. My concern is how far this gap will continue to widen. It is clearly morally unjust. But closing it presents a myriad of real problems. Nobody wants a redistribution society like in Germany or Scandinavia. But then the gaping wealth of the undeserved is also not wanted. The fine middle ground here is hard to establish. -
97
Will Trump bankrupt the US entirely?
Musk is right on the money here. You don't have to be a "leftie" (and I am definitely not) to see that pumping up already huge amounts of govt debt and passing it down the next generation to fund tax cuts for the super wealthy totally contradicts what they were trying to do with DOGE etc. The leftie characterisation doesn't quite work when Musk calls it out as bs 😄 Also, the fact Trump's private organisation is explicitly pushing billions into crypto while he pushes to relax legislation on it is surely a conflict of interest as well. A shyster all the way. -
0
US plans remittance taxation
https://www.nytimes.com/2025/06/03/world/africa/trump-bill-remittance-tax-africa.html Seems to be the reverse of the Thai remittance taxation. Yankees, of course, may have to be taxed twice: once when the money leaves the US, a second time when the money enters Thailand. Never underestimate the creativity of tax authorities! -
32
Israel's Smotrich says victory means Gaza fully 'destroyed'
Please read this, it says it all. https://hashiloach.org.il/israels-decisive-plan/ -
145
Corruption scandal hits the brakes: Thailand’s bus industry whistleblows dirty dealings
The Thailand bus tragedy highlights the dangers when safety rules are ignored and oversight fails. Reports say inspectors were bribed with just 3,000 to 4,000 baht to speed up checks, showing how public safety can be easily compromised. The terrible outcome was illegally altered vehicles, a devastating fire, and the tragic loss of 23 innocent lives. In the U.S., laws like the Sarbanes-Oxley Act (SOX) aim to prevent this kind of abuse, especially around public safety, corporate fraud, or regulatory violations. Whistleblowers are crucial in stopping wrongdoing before it leads to disaster, but having strong legal backing is key to doing it right. Oberheiden P.C. is known for supporting whistleblowers facing these challenges.
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