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Slate Money | Meta’s Instascam Ads

Nov 8, 2025
Jeff Horwitz, a technology reporter at Reuters known for his investigative work on scams, joins a lively discussion about the rampant fraudulent ads on Meta platforms. He reveals how Meta profits from these scams and the company's internal failure to block them effectively. The conversation shifts to the ambitious yet faltering plans for Saudi Arabia’s megacity, Neom, exploring its unrealistic designs and the consultants who thrived amidst its chaos. The panel dives into legal implications, raising intriguing questions about advertising ethics and corporate accountability.
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INSIGHT

Tariff Argument vs. Public Rhetoric

  • The Trump administration argued tariffs aren't about raising revenue but about regulation to avoid constitutional limits.
  • That rhetoric clashes with past public claims that touted tariff revenue, creating a legal credibility problem.
INSIGHT

Court Focus And Workarounds

  • The Supreme Court may focus on constitutional separation of powers rather than lower-court statutory grounds.
  • Even if tariffs are struck down, other legal presidential routes could keep some tariffs in place.
ADVICE

Prepare For Complex Tariff Remedies

  • Expect partial rollbacks and legal jockeying rather than immediate full refunds if tariffs are ruled illegal.
  • Monitor Treasury guidance and company filings to track potential refund mechanisms and impacts.
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