Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ tariffs claim
Larry Summers has denounced the Treasury Department of Scott Bescent for alleging that Chinese producers are claiming they are holding the brunt of President Trump's tariffs. Summers, who served as Treasury Secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, has had problems with Bescent, who said prices […]
Wrong way to win back voters, ludicrous denials of gov’t fraud and other commentary
Liberals: The Wrong Ways to Recover Voters Democrats' “unconditional defense of government officials doesn't look like a promising route to recapture voters they are losing,” Liberal Patriot Warn Louis Teisheira. Take the defense of USAID. “Most Americans know little about USAID.” And the foreign aid it manages is “one of the least popular parts of […]
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
According to multiple reports, OpenAI CEO Sam Altman flatly denied accepting a large stake in the startup worth billions of dollars as part of a corporate restructuring. Mr. Altman, 39, said Thursday that a Bloomberg report said OpenAI's board was discussing giving him a 7% stake as part of the pioneering AI company's transformation into […]