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Month: July 2022

John Oliver delivers Democratic Party talking points on antitrust

What does it say about us when we turn to comedians to inform our thinking on politics?

We’ve witnessed the rise of Ukrainian comedian-turned-wartime-President Volodymyr Zelensky. Former Guatemalan President Jimmy Morales was a comedian, too, but was dogged by very unfunny allegations of corruption. Comedian Dave Smith will likely seek the 2024 Libertarian Party presidential nomination, having led the “Mises Caucus” takeover of party leadership last month.

Enter soothsaying comedians of the anti-MAGA resistance. Since the election of former President Donald Trump, late-night comedians Stephen Colbert, Jimmy Kimmel, and Trevor Noah’s monologues have sounded more like Democratic Party spin than headlining acts for comedy TV.

The slyest of the bunch is John Oliver. The British-born comedian and former Daily Showcorrespondent makes a career of political hamming.

While most comedians joke about celebrity scandals or reality TV, Oliver tackles serious issues and demands political action. In 2014, he pushed viewers to petition for net neutrality, demanding the Federal Communications Commission reclassify internet service providers as public utilities to keep the net “free.”

In the last year, his segments on critical race theoryrent control, and misinformation have gone viral among politicos, with Oliver dropping screwball jokes between policy analyses that could have been written by any left-wing think tank.

Recently, Oliver has used his satire program to demand antitrust reform to “punish” Big Tech.

He delivers punchlines and commentary sweetened with a call to action on two bills, the Open Markets Act and American Innovation and Choice Online Act. These aim to crack open the Apple and Google app stores, ban “self-preferencing” on online shops such as Amazon, and chill tech mergers and acquisitions by Meta.

Oliver champions antitrust warrior and bill author Sen. Amy Klobuchar while chastising Senate Majority Leader Chuck Schumer for dawdling on the Senate floor because of his family’s connections to tech firms. He even praises Republicans who’ve joined the cause for their own crusade of content moderation.

To be clear, there are valid concerns about several troubling actions by tech firms. When they break the law, they should be penalized.

But Oliver’s reductionist arguments, delivered in comedic pentameter, manifest a world of rampant consumer harm because Amazon sells its own batteries or because Google heavily features its image algorithm.

What Oliver deplores is vertical integration in tech. But this is precisely why we celebratecompanies such as Tesla and IKEA, which rank highly in consumer satisfaction and make a name for themselves by controlling their supply chains. Somehow, this is deplorable when it’s an online business with millions of users and customers.

That is the message Oliver fans — and serious advocacy organizations and politicians — take from his show.

Digital rights group Fight for the Future, leading a coalition of tech competitors and left-wing pressure groups, is hosting an initiative they call “Antitrust Summer,” demanding Congress take immediate action. No surprise, Oliver’s segment prominently features on the homepage. Democratic heavyweights such as Hillary Clinton share his YouTube video with glee.

When comedic figures become political flag bearers, we should remain skeptical. There is every reason to hold Big Tech accountable without weaponizing the government. And even more reason to avoid complaints from comedians with little skin in the game.

Oliver, and the political factions who celebrate him, should know that complaints about a company’s product cannot be the basis for a sweeping redefinition of federal antitrust policies that would affect hundreds of millions of consumers. Government power is no laughing matter.

Originally published here

NOVO PACOTE DE BONDADES VAI AUMENTAR A INFLAÇÃO E AFETAR OS MAIS POBRES

 Fábio Fernandes – O mercado está atento à repercussão dos dados da inflação e ao risco fiscal. O IBGE divulgou na semana passada a prévia da inflação de junho, o IPCA15, e o resultado ficou  dentro  do esperado. Os números oficiais vieram com alta de 0,69% em junho e acumulado de 12,04%. Na parte fiscal, a preocupação se volta para as discussões em torno do aumento do Auxílio Brasil, entre eles o vale-gás e vale caminhoneiro. 

O presidente Jair Bolsonaro (PL) defendeu publicamente, na última sexta-feira (24/6), o acréscimo de R$ 200 no Auxílio Brasil, programa social criado em substituição ao Bolsa Família. Se o aumento for definido pelo Congresso, chegará aos R$ 600. O governo quer que o novo valor vigore a partir de julho e siga até dezembro deste ano. A ideia do governo é turbinar o benefício em ano eleitoral e tornar o pagamento do auxílio mensal.

Na visão de Fábio Fernandes, Diretor de Comunicação da associação de consumidores Consumer Choice Center (Centro de Escolha do Consumidor) e Mestre em Relações Internacionais pela Universidade de Milão, uma das grandes causas da inflação alta no Brasil é o crescimento acelerado da base monetária para financiar gastos públicos excessivos.

“Desde o início do governo Bolsonaro, o Brasil ampliou seu agregado monetário em cerca de 70%. O Brasil cresceu sua base monetária de pouco mais de 350 mil milhões em 2019 para mais de 600 mil milhões em 2021, enquanto o PIB cresceu na média 0,6% durante o mesmo período”, explicou Fernandes

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La gare centrale de Zurich est la plus agréable d’Europe

Une association de consommateurs a analysé les grandes gares européennes en fonction de leur convivialité pour les passagers. La gare centrale de Zurich arrive en tête de liste.

L’association américaine de consommateurs Consumer Choice Center a passé au crible les 50 plus grandes gares d’Europe pour son European Railway Station Index annuel. Dans le rapport final, qui vient d’être publié, la gare centrale de Zurich s’est emparée de la première place avec 93 points sur 108 possibles, juste devant les gares centrales de Francfort, Munich ou Berlin.

L’évaluation portait notamment sur l’accessibilité de la gare pour les voyageurs en fauteuil roulant, les personnes à mobilité réduite ou les malvoyants, sur la gratuité du wifi et sur l’étendue de l’offre de restauration et de shopping sur place. La gare de Berne, qui est la seule autre gare suisse à avoir été évaluée pour cette liste, se classe 27e, avec 67,2 points.

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Zürich HB ist bester Bahnhof Europas

Der Zürcher HB wurde von einer internationalen Verbraucherschutzorganisation zum besten Bahnhof Europas gewählt. Zürich konnte sich gegen 50 andere Bahnhöfe durchsetzen – auch gegen Bern, der in der Rangliste erst weiter hinten auftaucht.

Mit jährlich fast 155 Millionen Passagieren ist der Zürcher HB nicht nur der mit Abstand grösste Bahnhof der Schweiz. Auch international zählt der HB damit zu den Knotenpunkten mit dem höchsten Passagieraufkommen – nur der Gare du Nord in Paris (292 Mio. Passagiere) und Frankfurt am Main (180 Mio.) wurden letztes Jahr von Reisenden noch stärker frequentiert. 

Und die Passagiere dürften sich in Zürich wohlfühlen: Zumindest legt das jetzt ein Ranking der internationalen Verbraucherschutzorganisation Consumer Choice Center nahe: Der HB landet dabei unter 50 Konkurrenten auf dem ersten Platz der passagierfreundlichsten Bahnhöfe Europas. «Auch wenn Zürich nicht die höchste Anzahl internationaler und nationaler Destinationen aufweist, bietet der Bahnhof den Reisenden eine grosse Auswahl an Shops, Restaurants und Take-aways an», so das Urteil der Verfasserinnen des European Railway Station Indizes.

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Stacioni i trenit HBF Zürich, më i miri në Evropë

Një shoqatë e konsumatorëve ka ekzaminuar stacionet e trenave të Evropës. Stacioni kryesor i Cyrihut kryeson listën

Shoqata e Konsumatorëve në SHBA, Consumer Choice Center ka bërë vlerësimin e afër 50 stacioneve më të mëdha të trenave në Evropë për të realizuar “Indeksin vjetor të Stacioneve Hekurudhore Evropiane”, transmeton albinfo.ch.

Në raportin përfundimtar të sapopublikuar, stacioni kryesor i Cyrihut zuri vendin e parë me 93 nga 108 pikë të mundshme – pak përpara stacioneve kryesore në Frankfurt, Mynih dhe Berlin.

Ndër të tjera, në këtë ranglistë është vlerësuar se sa i qasshëm është stacioni për pasagjerët me karrige me rrota, për personat me aftësi të kufizuara në ecje apo për personat me shikim të dëmtuar. Po ashtu është vlerësuar si plus fakti nëse stacioni konkret ka WiFi falas dhe sa e madhe është gama e ushqimeve dhe blerjeve në vend.

Stacioni i trenit në Bernë, i cili ishte i vetmi stacion tjetër hekurudhor zviceran që u vlerësua për listën, u rendit i 27-ti me 67.2 pikë.

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Ferrovie, Milano Centrale e Roma Termini nella hit delle migliori stazioni d’Europa

Milano Centrale e Roma Termini sono nella ‘top 5’ delle stazioni ferroviarie in Europa. Lo rivela la classifica stilata dal Consumer Choice Center nel suo terzo Indice annuale. L’Indice intende informare i consumatori e le amministrazioni interessate su chi stia facendo il lavoro migliore per accogliere i passeggeri. La prima in classifica è la svizzera Zürich HB, la stazione di Zurigo Centrale con 93 punti. Seguono a pari merito con 91 punti Milano Centrale, l’olandese Amsterdam Centraal e ben tre realtà tedesche: Frankfurt Main Hbf, München Hbf e Berlin Hbf.

Punti

Staccata di 10 punti troviamo la parigina Gare de Lyon. E poi, a 78 punti, Roma Termini e altre due germaniche Hannover Hbf e Düsseldorf Hbf. Milano Centrale è la seconda stazione d’Italia per flusso di passeggeri. Fu inaugurata nel 1931 su progetto dell’architetto Ulisse Stacchini. La gestione degli impianti è affidata a Rete Ferroviaria Italiana (RFI) società del gruppo Ferrovie dello Stato, mentre quella delle aree commerciali è di competenza di Grandi Stazioni. Roma Termini, con i suoi 25.000 mq di superficie e circa 150 milioni di passeggeri all’anno è la stazione più grande d’Italia e la quinta in Europa per traffico.

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EU’s Bitcoin and Cryptocurrency Surveillance Rules to Harm Consumers

The European Union’s final trialogue between Council, Commission, and Parliament has finished crafting the first part of legislation that makes up the new EU anti-money laundering package aligned with the Markets in Crypto-assets rules (MiCA).

These rules are drafted following recommendations from the so-called Travel Rule of the Financial Action Task Force (FATF), a global treaty organization that combats money laundering. The aim of this rule is to effectively track financial assets, and included crypto assets like Bitcoin and other cryptocurrencies beginning in 2019,

The EU’s proposed rules introduce regulations that are far from technologically neutral, are detrimental to innovation, and will harm consumers who depend on cryptocurrency services.

Crypto asset service providers are obliged to keep records and provide traceability from the first euro compared to traditional finance where that requirement is set for transfers larger than 1000 EUR.

Crypto asset service providers will be required to collect information and apply enhanced due diligence measures with respect to all transfers involving non-custodial wallets. A number of risk-mitigation measures will be in place for cryptocurrency exchanges before establishing a business relationship with exchanges in third countries. 

Putting such stringent regulations on non-custodial wallets, together with introducing strict and complicated measures for cryptocurrency exchanges, will introduce unfavorable conditions for the growing industry and will cause a number of businesses to be forced and move their operations abroad – depriving consumers of their ability to safely and securely enjoy crypto services.

Putting these high regulatory costs in place is already influencing the decision-making of crypto asset service providers, now considering changing jurisdictions and moving to more favorable ones. These ham-handed regulations won’t only affect the industry, but many of the consumers who rely on them, pushing them to use non-EU exchanges. 

We have seen consumers voting with their feet in the past, choosing service providers in different countries to avoid similar measures, and this will be no exception.

With more Orwellian stipulations requiring that a consumer who sends or receives more than 1000 EUR to or from their own non-custodial wallet be verified by the crypto exchange, we will be seeing a number of issues arising both for the industry as well as for the consumers, putting additional costs to all transfers. 

The European Union has been criticized in the past for its overregulation especially when it comes to innovative technologies. Even though the EU has been relatively early in creating a comprehensive legal framework for cryptocurrencies, a number of the regulations agreed on will undoubtedly bring harm to both the industry and the retail consumer.

Surveillance of each consumer coupled with copious regulations aimed at crypto asset service providers will once again leave EU citizens looking for alternatives within jurisdictions more open to innovation, decentralization, and consumer-orientated regulatory frameworks.

The entire point of cryptocurrencies is to provide an alternative to the government-controlled fiat money system. These rules aim to disrupt that aim, principally by forcing industry players to comply with even stricter rules imposed on traditional finance institutions.

There is a better way to do this in order to promote innovation, protect consumers, and create a better ecosystem that will benefit all Europeans.

Our Principles for Smart Cryptocurrency Regulations policy primer is available to all regulators, and offers core principles to uphold in order to create regulatory guidance for the nascent industry without hurting innovation.

PRINCIPLES

  • Prevent Fraud
  • Technological Neutrality
  • Reasonable Taxation
  • Legal Certainty & Transparency

The temptation to regulate cryptocurrencies and the blockchain economy based on financial considerations alone, rather than the innovative potential, is an active threat to entrepreneurs and consumers in the crypto space.

Penalizing first-movers in crypto innovation or subjecting them to outdated laws will only serve to limit the unparalleled economic growth currently provided by the sector, or risk pushing all investment and entrepreneurship to less reliable and lawful jurisdictions.

The policy primer can be read in full here

The CCC represents consumers in over 100 countries across the globe. We closely monitor regulatory trends in Ottawa, Washington, Brussels, Geneva, and other hotspots of regulation and inform and activate consumers to fight for #ConsumerChoice. Learn more at consumerchoicecenter.org.

If you would like to help us defeat harmful Bitcoin and cryptocurrency regulation, also using crypto, consider investing value in the Consumer Choice Center via our Donate page.

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