The Lump of Labor Fallacy in the Age of AI

Source: Law & Liberty
by David Hebert

“Every generation experiences the same fear: technology is going to permanently displace workers. The spinning jenny was supposed to idle England’s textile workers. The steam engine would hollow out the trades. Electricity would render physical labor unnecessary. The computer and the Internet would finish the job of ending work. Now, artificial intelligence models have assumed the role of civilization-ending technology, and the doomsayers are back at their posts. This time, however, some of the loudest alarms are coming from the inside.” (07/06/26)

https://lawliberty.org/the-lump-of-labor-fallacy-in-the-age-of-ai/

EasyJet agrees to $6.7 billion takeover bid from US private equity firm Castlelake

Source: CBS News

“EasyJet has agreed to be acquired by U.S. private equity firm Castlelake in a deal that values the U.K. budget airline at £5 billion ($6.7 billion). EasyJet’s board of directors and Castlelake said on Sunday they had reached an agreement in principle after the carrier had previously rejected four earlier bids from the firm. EasyJet shares jumped nearly 10% Monday on the London Stock Exchange. … EasyJet, whose main U.K. hub is London Gatwick Airport, was founded in 1995 by entrepreneur Stelios Haji-Ioannou, and grew quickly on the strength of its no-frills, low-cost flights around Europe. Recently, the carrier has faced challenges, including soaring jet fuel costs stemming from the Iran war, that have cut into airline profits.” (07/06/26)

https://www.cbsnews.com/news/easyjet-castlelake-airline-takeover-bid/

Is the US Constitution still [sic] fit for purpose?

Source: The hill
by William S Becker

“The U.S. Constitution is our secular society’s most revered text. It is the bedrock on which the republic was built. It has generally served us well for the last 237 years. Changing it is like trying to rewrite the Ten Commandments. More than 11,000 amendments have been proposed since 1791, when the Bill of Rights was added. Only 17 have been ratified. This anniversary year is a time to celebrate how far America has come and to ask a direct question: Is the Constitution still fit for purpose?” (07/06/26)

https://thehill.com/opinion/campaign/5950372-us-constitution-still-relevant/

What Do They Do with Your Tax Dollars?

Source: Foundation for Economic Education
by Douglas Carswell

“Perhaps it is not so much the party of those we send to Congress or to our state legislature that counts. Perhaps what matters more is that so many of the decisions about how your money is spent are made in the dark. Setting a budget is complicated. The data might exist. Some of it might even be public. But it sits squirreled away on a spreadsheet somewhere, and you would need a CPA to make sense of it. Frankly, most folk do not have the time. But what if technology could suddenly take all that data and build something that makes it easy to see? Easy to see who gets your tax dollars, and what they do with them once they have them.” (07/06/26)

https://fee.org/articles/what-do-they-do-with-your-tax-dollars/

Tanzania: Dozens arrested ahead of anti-regime protests

Source: ABC News

“Tanzanian authorities arrested dozens of people ahead of planned anti-government protests, part of a crackdown on calls demanding democratic reforms and the release of a key opposition figure. Sylvester Mangure, the army spokesperson, warned Sunday against any demonstrations, following last week’s government ban on political rallies. He also accused ‘some people,’ whom he didn’t identify, of ‘recruiting youth’ to join the protests as they claimed the country’s army supported the planned demonstrations. Young people have called for protests on Tuesday, coinciding with the 72nd anniversary of the ruling party’s establishment, to demand democratic changes and the release of opposition leader Tundu Lissu, who was arrested on treason charges after calling for electoral reforms ahead of last year’s general election.” (07/06/26)

https://abcnews.com/International/wireStory/tanzanian-authorities-arrest-dozens-ahead-anti-government-protests-134511391

Sources corroborate whistleblower claims of corruption, quid pro quo culture inside powerful NYC union

Source: Fox News

“A scathing whistleblower letter alleges corruption inside New York City’s powerful hotel workers union, including claims that union leaders accepted gifts from hotel executives, manipulated lease arrangements and improperly influenced union business in a culture of quid pro quo dealings — claims that were corroborated by union sources who spoke with Fox News Digital. The letter, reviewed by Fox News Digital, asserts that top officials within the New York Hotel Trades Council and UNITE HERE Local 6, including President Richard Maroko, participated in actions that violated internal policies, fiduciary obligations and possibly federal law. The union denies all allegations of impropriety and organized two internal investigations carried out by third-party lawyers who found the whistleblower’s claims to be unsubstantiated.” (07/06/26)

https://www.foxnews.com/politics/sources-corroborate-whistleblower-claims-corruption-quid-pro-quo-culture-inside-powerful-nyc-union

The Reimbursement Code Monopoly Is a Threat to Health

Source: Brownstone Institute
by Margaret Hampton

“Healthcare systems (insurers and other payers) only reimburse what is coded and billable. The lack of codes for all healthcare options started in 1983 when the US Department of Health and Human Services (HHS) and the American Medical Association (AMA) agreed that HHS would only use the AMAs codes to process Medicare and Medicaid claims. In 2002, HHS mandated use of the AMA’s codes for filing electronic claims. ABC codes were mentioned as an option but not adopted and the AMA currently has a monopoly on billing codes. … As a result, patients frequently experience long wait times and expensive interventions only after disease has advanced.” (07/06/26)

https://brownstone.org/articles/the-reimbursement-code-monopoly-is-a-threat-to-health/

UK: Sky Agrees to Buy ITV for up $2.1 Billion to Compete With Streaming Giants

Source: US News & World Report

“Sky, the UK-based TV, internet and mobile phone provider owned by Comcast, has agreed to buy ITV’s media and entertainment arm for up to 1.6 billion pounds ($2.1 billion) after months of talks to create a major competitor to the global streaming giants. … The combined Sky-ITV entity will become part of NBCUniversal following the completion of its split from Comcast, ITV said.” (07/06/26)

https://www.usnews.com/news/business/articles/2026-07-06/sky-agrees-to-buy-british-broadcaster-itv-for-up-2-1-billion-to-compete-with-streaming-giants