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Tag: legislation

  • The New Cold War is Fought in Code: A “Digital Iron Curtain” is the Next Phase of US-China Policy

    The era of arguing about tariffs on steel and soybeans is over. The real battleground for global dominance is digital.

    The United States must move beyond traditional economic statecraft and implement a comprehensive “Digital Iron Curtain” strategy to counter China’s technological ambitions and safeguard its own national security, even if it means fundamentally altering the concept of a global, open internet.

    Explain what the core components of AI dominance are: advanced semiconductors, massive datasets, and cloud computing infrastructure.

    Discuss current U.S. export controls on chips (Nvidia, AMD) and the Commerce Department’s efforts.

    These controls have a loophole—Chinese firms can rent U.S. cloud infrastructure. Propose new regulations (like the one just announced) requiring cloud providers to act as gatekeepers, effectively denying adversaries access to America’s core computational power.

    Discuss the TikTok threat not just as propaganda, but as a massive data-harvesting operation.

    All data generated by U.S. citizens and businesses (from healthcare records to social media activity) should be treated as a strategic national asset.

    Propose legislation that prevents U.S. data from being stored or processed by companies with ties to adversarial nations, citing the risk of it being used to train their AI models.

    Connect the lessons of the COVID-19 pandemic (e.g., reliance on China for PPE, pharmaceuticals) to the technology sector.

    The U.S. cannot afford a similar vulnerability in its tech supply chain (e.g., circuit boards, drone components, network hardware).

    Analyze the role of tax credits and government spending (like the CHIPS Act) as a starting point, but argue for a more aggressive industrial policy to rebuild domestic manufacturing in critical tech sectors.

    Acknowledge the counterarguments: A bifurcated internet could stifle innovation, hurt U.S. tech companies, and run counter to First Amendment principles of openness.

    Rebuttal: The alternative is ceding the technological high ground to a strategic adversary, which poses a far greater long-term risk to economic prosperity and national sovereignty.

    Call to Action: Urge lawmakers to move with urgency to debate and enact a coherent, bipartisan strategy that treats digital infrastructure and data with the same seriousness as physical borders and military hardware.

    David Gross

    Follow me at https://x.com/dgapps and https://davidgrossapps.com

  • Crypto for Conflict: A Proposal to Restrict Digital Assets to Wartime Use

    Crypto for Conflict: A Proposal to Restrict Digital Assets to Wartime Use

    Many have spoken about the need for American leadership in technology and the potential of digital assets. Vice President Vance has a point about paying attention to what global competitors like China are doing in the crypto space. However, the current conversation around cryptocurrency for everyday infrastructure and investment is a distraction from its most strategic and vital use case: national security.

    Instead of trying to fit this technology into a peacetime financial system, we should be harnessing its power for when we need it most. I propose we treat the infrastructure of cryptocurrency like a strategic military asset, to be deployed only in times of war, much like war bonds. This isn’t about the coins themselves, but about the underlying technology and ASICs – a decentralized, resilient network that can be activated by the military upon a formal declaration of war.

    This approach addresses the national security risks of unregulated crypto, while giving the U.S. a powerful economic and strategic tool in a time of conflict. It’s not about stifling innovation; it’s about focusing that innovation where it can have the most decisive impact for our nation.

    Proposed Legislation: The Wartime Digital Asset Act

    A BILL

    To restrict the use of cryptocurrencies and stablecoins to times of declared war, and for other purposes.

    BE IT ENACTED BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED STATES OF AMERICA IN CONGRESS ASSEMBLED,

    SECTION 1. SHORT TITLE.

    This Act may be cited as the “Wartime Digital Asset Act”.

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  • The Autopen Republic: An Exposé on Legislative Negligence

    The Autopen Republic: An Exposé on Legislative Negligence

    The assertion that “no one has ever read an entire bill before voting on it” rings with a cynical truth that many Americans feel deep in their bones. It’s a damning indictment of a broken system. This isn’t about lofty ideals or the complexities of modern governance; it’s about a fundamental failure of duty. We demand proof of review, a guarantee that our laws are not passed by autopilot. The era of excuses is over.

    By the Numbers: A Crisis of Volume and Verbiage

    The sheer scale of legislation has become a convenient shield for lawmakers. But a look at the data reveals a problem that has spiraled out of control.

    • The Longest Bill: The record for the longest bill ever passed goes to the Consolidated Appropriations Act of 2021. At an obscene 5,593 pages, it was a behemoth spending bill combining COVID-19 relief with a $1.4 trillion omnibus package. To expect any single human to read, comprehend, and critically analyze this mountain of text before voting is a physical and cognitive impossibility. It was signed into law by President Trump on December 27, 2020, after passing both houses of Congress with large bipartisan majorities just days earlier.
    • The Shortest Bill: In stark contrast, some legislation can be very brief. In 2017, a bill was introduced in the House with a single sentence: “The Environmental Protection Agency shall terminate on December 31, 2018.” While this bill did not pass, it demonstrates that brevity can be a tool for radical change.
    • The “Average” Bill – A Rising Tide of Text: The very concept of an “average” bill is misleading, but the trend is undeniable. In the 1947-48 session, the average law was just 2.5 pages. Today, that average has ballooned to nearly 18 pages. More complex legislation often exceeds 1,000 pages. The Patient Protection and Affordable Care Act (ACA) in 2010, for example, clocked in at over 2,500 pages.
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  • Big Beautiful Bill: Critiquing Expenditures & Rescissions with a New Federalism Vision

    This article will dissect key components of the bill, reinforcing a fiscally conservative perspective focused on efficiency, market-based solutions, and a reduction in federal overreach.

    A recurring theme will be the devolution of certain programs and responsibilities to the states. It is important to note that many of the responsibilities envisioned for state management are relatively minor in scope, aiming to return local control over local matters. However, even in these areas, and certainly in any more significant transfers, fiscal prudence is paramount. This necessary shift away from federal overreach cannot be a license for states to engage in fiscal malfeasance, particularly when such actions have broader national implications, such as contributing to inflationary pressures through unfunded liabilities or chronic deficit spending.

    To ensure accountability without fostering inter-state conflict, any transfer of responsibilities must be accompanied by a carefully designed mechanism for mutual accountability. This system would involve regular reviews, based on clear, objective, and pre-agreed metrics, of state performance in managing these devolved areas. Should a state demonstrably and significantly mismanage its obligations, leading to measurable negative externalities for other states – for example, by directly exacerbating national inflation through irresponsible fiscal policies directly tied to these devolved functions – a transparent and impartially administered penalty system could be considered. Such penalties, if ever deemed necessary, should be narrowly targeted and proportionate, based on an automatic formula and/or pardons, to avoid politicization and ensure they serve as a corrective measure rather than a tool for “financial war.” The primary goal is to incentivize sound governance, not to create adversarial relationships between states.

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  • The Crypto Eradication and Corporate Fraud Retribution Act (Hypothetical)

    The Crypto Eradication and Corporate Fraud Retribution Act (Hypothetical)

    Preamble: To ensure the integrity of financial markets, discourage speculative and potentially illicit activities associated with certain digital assets, and hold accountable high-level corporate executives who defraud investors in smaller public companies, this Act establishes a stringent taxation regime for digital assets and dedicates the resulting revenue exclusively to the prosecution and incarceration of culpable C-suite executives.

    Section 1: Taxation of Digital Assets

    • (a) Capital Gains and Income: All realized capital gains and income (including staking rewards, mining income, airdrops, and interest) derived from digital assets shall be taxed at a rate of 90%.
    • (b) Capital Losses: No capital losses from digital asset transactions may be deducted against gains from digital assets or any other form of income.
    • (c) Annual Wealth Tax: An annual wealth tax of 10% shall be levied on the total market value of all digital assets held by a U.S. person (individual or entity) as of December 31st each year, regardless of whether the assets have been sold or generated income.
    • (d) Transaction Tax: A 5% excise tax shall be imposed on the fair market value of every digital asset transaction, including purchases, sales, exchanges (crypto-to-crypto, crypto-to-fiat, fiat-to-crypto), and payments for goods or services. This tax is payable by the U.S. person initiating the transaction.
    • (e) Reporting: Taxpayers must report all digital asset holdings and every transaction, regardless of value, on their annual tax return with detailed information including dates, values, counterparties (where identifiable), and transaction IDs. Brokers and exchanges must issue detailed 1099 forms for all customer activity.
    • (f) Penalties: Failure to comply fully with reporting requirements or tax payments under this section will result in penalties including, but not limited to, a fine equal to 100% of the unreported assets’ value or unpaid tax, plus potential criminal charges including tax evasion. Egregious non-compliance may result in asset forfeiture.
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