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Food for Thought..

(An Open Letter to the Banks)

Dear Sirs,
In view of what seems to be happening internationally with banks at the moment, I was wondering if you could advise me correctly:  If one of my checks is returned marked "insufficient funds," how do I know whether that refers to me or to you?

 
ACCESS Guard My Credit File News
Why So Much Opposition to AI Data Centers? It's All About the Money
State Issues

May 10, 2026 - Artificial intelligence may be the technology industry’s next gold rush, but in communities across the United States, growing opposition to massive AI-focused data centers is becoming less about technology and more about economics. Residents, consumer advocates, and some regulators increasingly argue that ordinary households are being asked to subsidize the infrastructure needed to support one of the world’s most profitable industries.

Read more...
 
When AI Agents Go Rogue: The Hidden Risks Behind Autonomous Work Tools
In The News

April 30, 2026 - A small software company lost its core data in less time than it takes to refresh a webpage. 

In late April, startup PocketOS saw its production database along with backup copies deleted in roughly nine seconds by an AI coding agent operating through the cloud platform Railway. The agent was running inside a development tool known as Cursor, which is powered by models from Anthropic.
Read more...
 
FAFSA Fraud Crackdown Fighting Ghost Students Revives Verification Measures Rolled Under Biden Admin
Fraud Alerts

April 29, 2026 - Federal student aid fraud has grown into a costly problem for students, colleges, and taxpayers. Investigators with the U.S. Department of Education's Office of Inspector General told ABC News earlier this year that more than $350 million in aid tied to "ghost student" schemes has been uncovered since 2019, and officials said the real total may be higher because many cases are never detected. In California alone, state officials reported that nearly one-third of community college applications in 2024 were believed to be fraudulent.

Read more...
 
They Lost Their Homes. Why Is Washington Considering Taking a Cut?
Federal Issues

April 20, 2026 - When a family loses a home to wildfire, flood, tornado, hurricane or earthquake, the disaster does not end when the flames go out or the storm passes. It continues in hotel rooms, rental apartments, insurance paperwork, construction delays, missing keepsakes, rising prices and sleepless nights. Parents worry about where their children will live. Seniors wonder if they will ever get home again. Families who spent years building a life suddenly find themselves starting over.

Read more...
 
Hidden Fees Still Hit Household Budgets as FTC Expands Pricing Crackdown
Federal Issues

April 13, 2026 - For many Americans, the most frustrating part of buying tickets, booking travel, or reserving a short-term stay is discovering that the advertised price is not the final price. Mandatory service charges, processing fees, resort fees, cleaning fees, and similar add-ons can raise the total cost late in the checkout process. Consumer advocates say that practice makes it harder for shoppers to compare prices and plan spending.

Read more...
 
Agentic AI and the Coming Apocalypse
In The News

April 6, 2026 - We've all heard the stories about how AI is going to kill us all. It's going to be smarter than we are. It's going to get things done faster and more accurately than we do. It's going to take over the world and say, "Hey, we don't need these HUMANS anymore!" But that's at least a few years away. Before that happens though, it is likely to cause some real business and privacy disasters because of what is being called agentic AI. And we're likely to start seeing some of those things within the next 12 months.

Read more...
 
New Law Targets Payments to the Deceased But Investigations Suggest a Larger Fraud Issue
Federal Issues
 
March 29, 2026 - A newly signed federal law aimed at stopping government payments to deceased individuals is being presented as a step toward reducing waste and fraud. But when viewed alongside ongoing investigations and reporting, the measure addresses only a small portion of a much broader issue affecting taxpayer-funded programs. The legislation, called the Ending Improper Payments to Deceased People Act was sponsored by Senator John Kennedy (R-LA) and signed by President Trump. It is designed to prevent federal agencies from continuing to send entitlement payments after a recipient has died. According to the official Senate release the law strengthens requirements for agencies to use death records and improve data matching across systems.
Read more...
 
What's the Rush? California to Require Personal Finance in High School by 2031
State Issues

March 22, 2026 - California has announced that high school students will be required to complete a personal finance course to graduate, but the mandate will not fully take effect until the class of 2031. That timeline is raising questions, especially given how limited financial education access is today.

Read more...
 
The SSN - Why Are We Still Using a 1930s Identifier as a 21st-Century Security Credential?
Federal Issues

March 17, 2026 - A newly discovered online database containing roughly 184 million login credentials is the latest reminder that Americans’ personal information continues to circulate widely on the internet. Security researchers say the exposed data included email addresses, passwords, and login information connected to a variety of online accounts. But the real story is not the latest data leak.  In fact, we're at the point that that "who" and "how" of it don't really matter anymore. The real issue is that the system Americans rely on to prove their identity was never designed to survive the digital age, and unless changes are made these breaches will continue to happen with predictable reliability.

Read more...
 
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05/16/2026 01:13:03