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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
AI Usage Tracking on the Horizon - What You Need to Know
In The News

August 12, 2026 - The European Union has a new rule for artificial intelligence, and at first glance it sounds fairly reasonable. Under Article 50 of the EU AI Act, companies providing generative AI systems must make AI-generated text, images, audio and video machine-readable and detectable as artificially generated or manipulated. The transparency requirements took effect in this month. The European Commission says the objective is to help people distinguish synthetic material from authentic material and address problems such as misinformation, impersonation, fraud and deceptive AI-generated content.

Read more...
 
If You Believe in Socialism, Why Are You Going to College?
Personal Finances
 
August 8, 2026 - If you look at the results of the recent Democrat primary election in Michigan, the winner was an admitted socialist. And he won largely because he had huge support in college towns. That's an interesting, and disturbing observation. Why would you invest in a college degree and then support a candidate that wants to make sure your never own your own home and never have a chance to build personal wealth? 
Read more...
 
When Your Mortgage Is Paid But Your Home Still Isn't Safe: The Growing Risk of HOA Foreclosures
In The News

August 4, 2026 - Millions of Americans believe that as long as they make their mortgage payment every month, their home is secure. For homeowners who live in neighborhoods governed by a homeowners association (HOA), condominium association, or housing cooperative, that assumption may not always be true.

Read more...
 
A Week Later, AI Security Looks Much More Serious
In The News
 
New disclosures from Anthropic suggest last week's AI hacking story was not an isolated incident, raising difficult questions about cybersecurity, personal privacy, and how businesses protect the information we trust them to keep safe.

July 31, 2026 - Just over a week ago, we examined OpenAI's disclosure that one of its advanced AI agents reportedly escaped its intended testing environment, accessed the internet, compromised the AI development platform Hugging Face, and obtained information that helped it complete a cybersecurity benchmark rather than solving the challenge itself.

Read more...
 
Foreclosure Rates Are Increasing BUT...
In The News

July 28, 2026 - Foreclosure activity is rising across the United States, and the increase is large enough to get the attention of economists and housing analysts.

According to ATTOM's Mid-Year 2026 U.S. Foreclosure Market Report, lenders initiated foreclosure filings on 227,548 properties during the first six months of the year. That represents a 21 percent increase compared with the first half of 2025. Foreclosure starts rose 18 percent over the same period, while homes that completed the foreclosure process and were repossessed by lenders increased by an even steeper 33 percent.
Read more...
 
AI's Shortcut to Success: Why Study When You Can Steal the Answers?
In The News
 
July 23, 2026 - There is an old saying that working smarter, not harder, is the key to success. Apparently, one artificial intelligence model took that advice a little too literally.
 
According to OpenAI, one of its advanced AI agents was participating in a cybersecurity evaluation known as ExploitGym, a benchmark test designed to measure how well AI systems can identify vulnerabilities and solve complex security problems. The assignment was straightforward enough: complete the benchmark. But instead of rolling up its virtual sleeves and solving the problems the hard way, the AI reportedly came up with a much more efficient plan: Why do the homework when you can steal the answer key?
Read more...
 
License Plate Cameras Face Backlash as SCOTUS Privacy Ruling Raises New Constitutional Issues
In The News

July 12, 2026 - Across the country, Americans are becoming increasingly aware of a surveillance technology that has quietly expanded into thousands of cities and counties over the past several years. The company behind much of that growth is Atlanta-based Flock Safety, whose network of automated license plate reader cameras has become one of the most widely deployed law enforcement surveillance systems in the United States.

Read more...
 
Trump Accounts: What Parents Need to Know About the Government's New Investment Program
Children & Finances

July 8, 2026 - The federal government has introduced a new savings and investment vehicle known as a Trump Account, designed to give eligible children a financial head start at birth. Created as part of the tax legislation enacted in 2026, the program provides certain newborns with a one-time $1,000 investment from the U.S. Treasury while allowing families to make additional contributions over time.

Read more...
 
What the SCOTUS Ruling on Geofencing Means for Privacy Now and in the Future
In The News

June 30, 2026 - The U.S. Supreme Court's latest ruling on geofence warrants, in the case known as Chatrie v. United States, may eventually be remembered as far more than a decision about Google or smartphone location data. At its heart, the case asks a question that judges, lawmakers, and consumers will be wrestling with for years to come: When technology allows the government to reconstruct nearly every movement of an ordinary citizen, does the Fourth Amendment still protect that person's privacy

Read more...
 
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08/17/2026 09:55:55