Can Elon Musk's X app ever not be evil?
ask your state or province to outlaw CBDCs and SCSs
Elon Musk is evidently some kind of genius, but we don’t know if we can trust him. Yes, the X app would be convenient, to be sure.
But …
One thing is certain: we don’t want a CBDC-enabled social credit scoring system (SCS) administered through a “private” entity like Twitter so that the government can say its hands are clean.
The government of a fascist state isn’t the elected representatives anyway — it is the corporations.
Laws must be passed.
I spent over 20 years in big banks building credit scoring models that were legally prohibited from using protected class variables. They were statistically as fair as I could make them.
According to the Washington Post1 and Forbes2, the 1974 Equal Credit Opportunity Act barred credit-score systems from using information such as sex, marital status, national origin, religion — or race. However, some factors that are included or excluded in the credit-scoring models may still have a discriminatory effect on certain groups, especially racial and ethnic minorities34.
1. washingtonpost.com
2. forbes.com
3. federalreserve.gov
4. cgap.org
5. bing.com
There was backsliding, from a statistical point of view, as models that showed “disparate impact” on a protected class usually prompted regulators to encourage banks to have specially discounted lending programs for affected populations. These were subsidies that often made the loan a losing proposition from the get-go, a form of government transfer if you consider the banks as quasi-government entities enjoying the right of seignorage granted them.
According to the Federal Reserve Board1, banks are not required to offer any specific programs to populations that show disparate impact of credit scoring models. However, some banks may voluntarily adopt policies or practices to address the potential adverse effects of credit scoring on certain groups, such as offering alternative credit products, providing financial education or counseling, or partnering with community organizations1. Additionally, some banks may participate in the Community Reinvestment Act (CRA), which encourages banks to meet the credit needs of low- and moderate-income communities2.
1. federalreserve.gov
2. nationalfairhousing.org
3. federalreserve.gov
4. fico.com
We need laws that prevent the fascists from using your political views as well as all the other protected class variables in any way — to protect your right to make any legal transaction that you want to make. We have a better chance of getting such legislation passed in red state legislatures at this point than at the national level.
Call or write your legislators!
So as we careen through this historical epoch that looks so much like the End Times, make your voice heard — first of all to God, through prayer, and to your probably compromised public officials. (There is scientific evidence that intention affects the material world as well as the spiritual domain. I may get into that another time.)
And take care. Get to as safe a place as you can. This is probably not all there is to any Tribulation.
Here’s the letter I sent to my governor and senate majority leader, Bill Lee and Jack Johnson:
Gentlemen:
It should be apparent to you by now that we are at war with a globalist conspiracy that is out in the open, to poison and weaken and kill Americans prior to enslaving them in a CCP-style CBDC/SCS (social credit system) tyranny.
Only by outlawing these evil instruments at the state level can we resist this plot, as the government at the national level is completely compromised, IMHO.
If you are brushing this missive off as "another conspiracy theorist I can ignore," wake up! The insurance data is dispositive. The "vaccines" have been killing people in waves following "vaccination" rollouts around the world.
You have done well on medical freedom (as far as I can tell). We are virtually assured of another pandemic. Bill Gates has said so. These people like to rub it in your face.
Be advised that you will be held accountable for your actions.
Sincerely,
Elliott Middleton, PhD
Have a blessed Saturday!