American elite culture today is oriented around hostility to people who have unpopular but accurate observations. Our laws and rules incentivize cheaters, looters, and superficial intellectual frauds. Of course we can't handle a public health crisis.
$1.4 Billion in Stimulus Funds Sent to Dead People, Watchdog Finds NYT
The Economy Isn’t About Money. It’s About Putting Food on the Table
Our Enlightenment predecessors recognized not one but five economies – and the pandemic has reinvigorated our taste for them.
What is a cyber attack, what are the targets and who is behind them? Inside the hacking attacks bombarding Australia
TikTok: Beneath Its Fun Exterior Lies A Sinister Purpose.“TikTok is a very irresponsible company, dangerous by design. And not simply by carelessness, mistake or default: this is a deep and patent irresponsibility, a philosophy focused on the constant capture of all kinds of user data… the type of app you would expect from a Chinese company operating in China that makes a few cosmetic changes to adapt it to the West — if that — applying the same criteria and philosophy it does in China. In short, not recommendable for children or adults, particularly thanks to its sinister content recommendation system. And now under the benevolent guise of a Western CEO formerly at Disney.”
Federal Reserve Board: “The Federal Reserve today published the FraudClassifier model—a set of tools and materials to help provide a consistent way to classify and better understand the magnitude of fraudulent activity and how it occurs across the payments industry. The model was developed by the Fraud Definitions Work Group, which was comprised of Federal Reserve and payments industry fraud experts. “The FraudClassifier model can help address the industrywide challenge of inconsistent classifications for fraud involving ACH, wire, or check payments,” said Jim Cunha, secure payments strategy leader and senior vice president at the Federal Reserve Bank of Boston. “The FraudClassifier model enables payments stakeholders to classify fraud in a simple and similar manner. It can be applied across an organization to help ensure greater internal consistency in fraud classification, more robust information and better fraud tracking.” The key advantage of the FraudClassifier model is the ability for organizations to use it to classify fraud independently of payment type, payment channel or other payment characteristics. The model presents a series of questions, beginning with who initiated the payment to differentiate payments initiated by authorized or unauthorized parties. Each of the classifications is supported by definitions that allow for consistent application of the FraudClassifier model across the industry. The Fraud Definitions Work Group also developed and recommended an industry adoption roadmap, which outlines a strategy and potential steps to encourage voluntary industrywide use of the FraudClassifier model.
- Learn more—and sign up to access educational resources and support tools for the FraudClassifier model—by visiting FedPaymentsImprovement.org.”
A chain of stupidity’: the Skripal case and the decline of Russia’s spy agencies Guardian
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ALL IN: State and federal public service employees across the country have been dealt major blows as governments attempt to grapple with the economic impacts of COVID-19. |
Hong Kong’s Cartoonists Aren’t Giving Up on Dissent The Nation
How to read between the lines of China and the EU’s diplomatic statementsQuartz
Inside China’s race to beat poverty FT
China’s Go West plan fails to capture imagination of foreign firms suffering from ‘regional development plan fatigue’ South China Morning Post
Chinese structures appear near site of border clash with India, satellite images show NBC
