On Friday, we discussed how VP candidates Governor Tim Walz (D-MN) and Senator J.D. Vance (R-OH) have been campaigning in the battleground state of Pennsylvania.

But according to an article at CNN, Walz has been caught making false claims about his Republican opponent in the Keystone state.

First, Walz's statements about Project 2025 — a conservative policy blueprint — are particularly misleading.

• Contrary to Walz's assertions, Project 2025 doesn't propose monitoring all pregnancies or creating a new federal agency for pregnancy registration. It does advocate for stricter abortion data collection, but this is far from the dystopian scenario Walz paints.

For decades already, most states voluntarily report abortion facts and figures to the Centers for Disease Control (CDC).

Including Tim Walz’ state, Minnesota.

Walz also misquoted Senator J.D. Vance, claiming Vance said they “will use Project 2025” to exercise power “ruthlessly.” In reality, Vance's comments about power predated Project 2025's creation.

Furthermore, Walz misrepresented Vance's reaction to recent interest rate cuts. He claimed Vance led an audience in booing lower rates, when in fact, the audience booed independently, and Vance's response was more nuanced.

While maintaining the Fed’s 50 bps September rate cut wouldn’t reverse all the inflation damage done by the Biden/Harris administration, Vance “asserted [that] the cut would ‘alleviate inflation for a lot of people,’” CNN reports.

Switching gears now, I’ll be attending a conference in Baltimore on Tuesday, featuring several Paradigm experts, including iconoclast investor James Altucher — who wrote a seminal paper on artificial intelligence (AI) in the 1980s.

And since AI has been the investing trend for several years now, I thought it would be prudent to compare Trump’s and Harris’ stances on the subject.

Send your opinions to, feedback@newsyoucanacton.com

Your Rundown for Monday, September 30, 2024...

AI On The Ballot November 5th

As artificial intelligence (AI) becomes a significant topic in politics, former President Donald Trump and current Vice President Kamala Harris offer contrasting views on its implications for the U.S.

During his speech at the Republican National Convention, Trump mentioned AI only once, highlighting its energy consumption. He focused his comment on how AI could require “twice the electricity that’s available now in our country.”

Trump's administration previously issued an executive order promoting “trustworthy” AI in government, emphasizing public trust and American values.

In contrast, Harris argues that AI could tackle pressing issues like climate change and healthcare. At the same time, Harris emphasizes AI’s potential to exacerbate existing inequalities, especially for minority groups.

Harris’ approach aligns more closely with the Biden administration's cautious stance on AI development.

Despite their differences, both candidates acknowledge the importance of AI development. Plus, Trump and Harris see AI as critical for maintaining American competitiveness — particularly when it comes to China.

Key differences between the candidates include:

• Regulation: Trump favors a hands-off approach, while Harris supports more oversight.

• Focus: Trump emphasizes energy and economic concerns, while Harris highlights social impacts.

• Vision: Trump sees AI primarily through a business lens, while Harris considers its social implications.

Generally speaking, the next administration will face complex AI-related issues: balancing innovation with public safety, addressing AI's impact on the job market, navigating international competition and developing a comprehensive legislative framework for AI governance.

As AI continues to advance, the contrasting approaches of Trump and Harris highlight the ongoing debate about how best to harness AI’s potential while mitigating risks.

Their perspectives reflect broader political divides on technology regulation and the government's role in shaping emerging industries.

While Trump favors deregulation and has pledged to repeal Biden's AI executive order, Harris advocates for a more cautious approach.

Regardless of who wins on November 5th, AI policy will remain a consequential issue for years to come, demanding careful consideration of its far-reaching implications for American society and the global technological landscape.

Market Rundown for Monday, Sept. 30, 2024

S&P 500 futures are down 0.25% this morning to 5,788.

Oil is slightly in the green at $68.22 for a barrel of WTI.

Gold is down 0.33% to $2,659.30 per ounce.

And Bitcoin’s lost 3% to $63,850.

Send your comments and questions to, feedback@newsyoucanacton.com