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Laurel
28.4K posts
Laurel
@BalanceCrafting
My views are a personal "special arrangement sanctioned by history" Postwar Germany antitrust saga https://t.co/jMcfOfPfgz Work @econliberties
USA Katılım Ekim 2023
293 Takip Edilen2.1K Takipçiler
Laurel retweetledi
BREAKING: The SEC agreed Monday to drop a lawsuit accusing Elon Musk of failing to timely disclose his buy up of Twitter shares ahead of a decision to take the company private, agreeing to a settlement through which an entity owned by Musk will pay $1.5 million. law360.com/articles/24734…
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Laurel retweetledi
We are honored to have been named the winner of the 2026 Pulitzer Prize in Audio Reporting!
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Laurel retweetledi
Attorney General Todd Blanche is likely about to let a giant meatpacking price-fixing conspiracy off the hook so they can get a quick headline. Here's some of the stuff in the Biden complaint they are sabotaging.
Sacha Sloan@sloan_sacha
DOJ will announce a settlement with meat benchmarking firm Agri Stats later this week, Acting Attorney General Todd Blanche says at a press conference. The settlement could have big implications for legal precedent around algorithmic pricing software, as we reported last week:
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Laurel retweetledi
Stuart Russell, a computer scientist at UC Berkeley, takes the stand to testify, direct-examine by Elon Musk's lawyer Steven Molo.
He says that the current AI race has a "winner take all" dynamic, in which "whichever company develops AGI first (AI that matches or exceeds human capabilities in every area) will have a significant advantage." Because AGI could take over most human work, the companies that create it will "quickly come to control perhaps the majority of economic activity on the planet." Even governments could "become subordinate to these companies."
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Laurel retweetledi
Greg Brockman just confirmed what I speculated in December 2023!
Sam Altman was not fully candid in his testimony to the US Senate.
Aacia@parisofprairie
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Laurel retweetledi
Musk’s lawyer is calmly eviscerating OpenAI’s President Greg Brockman, largely using Brockman’s own diaries and emails.
For the first time I think Elon has a real chance of winning.
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If judges won't judge, we should either turn remedies over to juries or Congress should step in
Mike Swift@Swiftstories
" . . . but I’m just going to throw out there at the onset, I’m not the easiest sell that I would become a one-person legislator, judge and executive branch enforcer of" for remedies imposed on @Meta , Biedscheid says. #socialmedia
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Laurel retweetledi
Judge Bryan Biedscheid gives his own opening statement before the lawyers for @meta and @NewMexicoDOJ give their's, seeming to suggest reluctance about imposing sweeping remedies on #Meta firstdistrict.nmcourts.gov/about-this-dis…
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Weird, the party that had to pinpoint its own cause of death under penalty of perjury said something very different than Mike Davis and Neera Tanden
David Shepardson@davidshepardson
.@SpiritAirlines cites high fuel prices in court filing: “ the material additional costs to Spirit proved to be too much for its available liquidity to absorb… When fuel prices spiked and stayed high, and it became clear to the Debtors that the reorganization contemplated by the Plan was no longer feasible due to the unforeseeable circumstances, the Debtors worked quickly to seek sufficient incremental capital to sustain their operations.”
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Laurel@BalanceCrafting
Further reading: Arguments for balancing public utility style regulation and competition in the airline industry: economicpopulist.substack.com/p/with-the-gov… promarket.org/2023/06/03/rer… …derbiltpolicyaccelerator.substack.com/p/how-to-think… More on Spirit's situation specifically: thebignewsletter.com/p/who-killed-s…
ZXX
The closest answer is C: the Airline Deregulation Act was signed into law in late 1978
Source for chart:
bls.gov/opub/mlr/2000/…
Laurel@BalanceCrafting
Quiz for newly-minted experts on Spirit airlines: This is a chart of airfare per mile, adjusted for inflation, over a span of years Can you guess which year (A, B, C, or D) the airline industry was deregulated? Vote 👇
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Further reading:
Arguments for balancing public utility style regulation and competition in the airline industry:
economicpopulist.substack.com/p/with-the-gov…
promarket.org/2023/06/03/rer…
…derbiltpolicyaccelerator.substack.com/p/how-to-think…
More on Spirit's situation specifically: thebignewsletter.com/p/who-killed-s…
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The closest answer is C: the Airline Deregulation Act was signed into law in late 1978
Source for chart: bls.gov/opub/mlr/2000/…
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Laurel retweetledi
You can't lower gas prices by blurting out the names of a few Democrats. The administration needs to stop its crazed policies that cause so much economic pain.
This is happening on Trump's watch because he doubled jet fuel prices by taking our country to war, which drove Spirit out of business. Obviously.
Aaron Rupar@atrupar
Sean Duffy on Spirit: "To be really clear, yeah, jet fuel prices have gone up. This story was not written because of the Iran war. This story was written because of Elizabeth Warren, Joe Biden, Pete Buttigieg ... " (Spirit says it was because of fuel prices)
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Laurel retweetledi
Management company now charging me an extra $2.49 to pay my rent online via e-check. Tiny amount of $ but should absolutely be illegal. Tenants should not be paying these fees. I'll be mailing checks in the future.
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Laurel retweetledi
Ok this settles it, the fault is Spirit's management. I had forgotten that Spirit got a buyout offer from Frontier in 2025 AFTER the JetBlue deal fell apart, and they said no.
youtube.com/watch?v=K1R0GI…
YouTube
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Laurel retweetledi
Booked a flight today and accidentally discovered a Southwest flight credit from over 6 years ago still sitting there.
A total blast from the past.
Back when credits didn't expire and some airlines competed much harder for consumers. Hard to imagine that policy existing today.
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Laurel retweetledi
The Public Integrity Project is hiring. If you are an experienced civil litigator looking to fight public corruption, apply here: publicintegrityproject.org/careers
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Laurel retweetledi
Do Trump administration officials know that they are in charge?
Aaron Rupar@atrupar
Agriculture Secretary Brooke Rollins blames Biden for high beef prices and calls climate change a "hoax"
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