@MeanwhileinCanada american #Agribiz is already talking about being “made whole” on this stupidity and the sales they will lose
government payments aka socialism will increase as it did in pandemic to about 1/3 of #ag revenue
Whereas there were CONTRACTS to pay #farmers to improve ecosystem services on their land to benefit us all. these were Reneged on
Finally these same agri types were decrying #moralhazard of homeowners being bailed out of their mortgages 08-11
From a #farmer
Democratic Party criticizes Homeplus and MBK Partners for selling commercial paper until just before filing for rehabilitation, calling it fraudulent behavior and demanding legal action
#YonhapInfomax #Homeplus #MBKPartners #CorporateRehabilitation #CommercialPaper #MoralHazard #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53227
São Domingos mines, Alentejo, Portugal, 2004.
#SilentSunday #Portugal #Photography #MoralHazard
@daedalean @GhostOnTheHalfShell for all intents and purposes there are really only two #stablecoins:
1. USDT (Tether - ~70% of the market)
2. USDC (#Coinbase, technically through a company called Circle - ~25% of the market)
the rest are tiny.
USDC has actually done an audit or two and we know where the money is (it's in a blackrock trust). #Tether has been the subject of a lot of writing and speculation by me and many others for years now.
#KirstenGillibrand works for the Coinbase / #a16z / #Circle axis of crypto evil so this bill is basically creating rules that would push Tether USDT out of the US market.
Coinbase CEO has already made noise about how they will probably have to delist USDT. Circle CFO is on video saying that Tether is a counterfeiting operation.
(fun fact: Circle USDC was the largest depositor at #SiliconValleyBank and if SVB had been allowed to collapse and $3.2bn worth of USDC had died with it the entire crypto industry would have gone kaput.
“A country that displays an almost ruthless commitment to efficiency and performance in every aspect of its economy–a country that switched to Japanese cars the moment they were more reliable, and to Chinese T-shirts the moment they were five cents cheaper–has loyally stuck with a health-care system that leaves its citizenry pulling out their teeth with pliers.”–Malcolm Gladwell (2005)
@blenderdumbass @danie10
hi @quokka1, yeah they are making it a super-general definition. Basically forums that ALL millennials grew up with can arguably be deemed "social" at will.
TRAVEL ADVISORY: Anyone operating a :butterfedyC: fediverse server best not #travel to australia, you could find urself subjected to a $50 million penalty if a random teen gets negatively impacted while using ur server, and you don't have a biometric scanner to give facial images of everyone using your service to JPMorgan-JamieDimon-BankSwisse-LizWarren-PeterThiel-TheFed.
#travelAdvisory #moralHazard #politicalPersecution #lawfare #inquisition #safety #infosec
how about the #moralhazard of a corporation/bank to not make loans that can not be repaid or bigCorps to take excess profits or pay low wages because of monopoly control of a market.
Being spared from their own responsibilities, #bigCorp might continue to take #excessive profits from future folks that are just trying to live.
#democracy is more than voting!
Debt bailout warning
"Paetongtarn #government announced a bold #policy to address #Thailand's mounting #householddebt #crisis.. audacious debt haircut can be risky & costly.. shifts part of financial burden to e #public, raising concerns abt its LT #fiscal implications.. biggest concern is #moralhazard. Being spared fr their own responsibilities, #borrowers might take on additional or #excessive #debt in future, in the hope the govmnt will help clear their debt again" 1/2
https://www.bangkokpost.com/opinion/opinion/2908085/debt-bailout-warning
Unsere Gesellschaft braucht keine andere Moral. Sie braucht andere Gesetze. - Wir brauchen Politik!
https://www.youtube.com/watch?v=PG4G4yuvJtQ
#WieMansMachtIstsVerkehrt #Dilemmastrukturen #Moralismus
#Appelle #Erziehung #Ethik #Platon #Demokratie #Politik #Gesetze #Selbstregulation #Demokratie #Gesetzgebung #PolitischePraxis #Überforderung #Platzhalter #Verzweiflung #Überlastung #Überfrachtung #Entlastung #MoralDumping #MoralHazard #Erwartungen #Ansprüche #Imperative
Your Sunday sermon-
#Religion #god #christianity #Sunday #MoralHazard #Forgiveness
TL;DR that fascinating paper on top of your reading pile, on how "Presenting balanced geoengineering information has little effect on mitigation engagement"? @AnthropoceneMagazine has you covered: https://www.anthropocenemagazine.org/2024/01/does-discussing-geoengineering-derail-climate-action-new-study-puts-it-to-the-test/
#climate #geoengineering #moralhazard
@jmcrookston
Hoping they all lose.
Investing in Fox - putrid.
They ignored the #MoralHazard
Strange term that one - not applied to investing in petroleum, MAGA-joints, arm manufacturers, messing up the climate.
I am really, really, REALLY irritated by what I just saw. The #ImageDescription function of Microsoft's #Bing is outright lying to people with vision impairments about what appears in images it receives. It's bad enough when an #LLM is allowed to tell lies that a person can easily check for veracity themselves. But how the hell are you going to offer this so-called service to someone who can't check the claims being made and NEEDS those claims to be correct?
How long till someone gets poisoned because Bing lied and told someone it was food that hasn't expired when it has, or that it's safe to drink when it's cleaning solution, or God knows what? This is downright irresponsible and dangerous. #Microsoft either needs to put VERY CLEAR disclaimers on their service, or just take it down until it can actually be trusted.
#Blindness
#VisualImpairment
#Accessibility
#AccessibilityMatters
#Disability
#DisabilityRights
#CorporateResponsibility
#LargeLanguageModels
#MoralHazard
Of Models and Tin Men
https://arxiv.org/abs/2307.11137
An ambitious research agenda:
"In a #PrincipalAgentProblem, conflict arises because of information asymmetry together with inherent misalignment between the utility of the agent and the principal… argue the assumptions underlying principal-agent problems are
crucial to capturing the essence of safety problems involving pre-trained AI models in real-world situations."
#llm #AIEthics #MoralHazard #AdverseSelection #economics
The calls for #GeoEngineering are getting louder, but how effective is it? How safe? And who decides when and what to deploy?
"Some scientists worry that studying how to shade the Earth from some of the sun’s heat is a slippery slope toward deployment of ‘solar radiation management’ without fully understanding the risks."
#SRM #SolarRadiationManagement #MoralHazard
https://insideclimatenews.org/news/21072023/new-federal-report-on-research-into-sun-dimming-technologies-delivers-more-questions-than-answers/
#MoralHazard. A business is encouraged to take on extra risk because it knows it will be rescued and not have to suffer the consequences of its actions. Generally seen as a bad thing.
-- @martinwaller10 unpacks this concept as @thameswater goes bust.
https://eastangliabylines.co.uk/will-they-bail-out-thames-water-with-more-of-our-money/ …
@acemaxxanalytics
It is time, yet again, to address the elephant in the room of #banking #regulation - #TBTF was a flawed construct that has resulted in fatal #moralhazard that has led to bank CEOs' perverse incentives to take excessive risks for #unsustainable profits, knowing that their inevitable losses, whenever they become untenable, would eventually be underwritten by taxpayers and public society. #truth #MaastrichtTreaty #Keynes #DebtMachine
https://www.aljazeera.com/program/featured-documentaries/2017/6/1/debt-machine
And Christianity teaches the greatest #MoralHazard of all, that thoroughly undeserving people get salvation and all that good stuff NOT because they earned it, not through doing good, but as a completely free and unearned gift!
