Rep. Rob Bresnahan has gone all in on the nightmare of data centers to fuel AI scams.
Rep Rob Bresnahan's stock trades, including in tech companies, as of March 2025 are interesting.
I noted that at his Tele Town Hall in March, Rob Bresnahan made a point of mentioning data centers and seeking to make northeastern Pennsylvania have "energy dominance" with lots of power plants to fuel the data centers. (This would invariably mean firing up more fossil fuel plants, and possibly even burning tires.)
Rob Bresnahan's reported stock trades:
Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
Sold $15,001 and $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 2/25/2025.
Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
Purchased between $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
Purchased between $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
Purchased between $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
Purchased between $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
Purchased between $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
Purchased between $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
Purchased between $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.
Purchased between $1,001 – $15,000 in shares of Dollar General Co. (NYSE:DG) on 2/25/2025.
Purchased between $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Schlumberger Limited (NYSE:SLB) on 2/25/2025.
Purchased $1,001 – $15,000 in shares of Weyerhaeuser (NYSE:WY) on 2/25/2025.1
Most of these companies in the purchased category either focus on AI, have "pivoted to AI" or are otherwise messaging that they're on board with AI. For example Snowflake is a cloud computing company based in Bozeman, Montana, and if you visit their website it's entirely AI-focused.
The whole thing is very disturbing considering what's happened with that in Mansfield Georgia and other places with noise pollution and light pollution all night long, dust problems, secret land buyouts in residential neighborhoods.2 And their electricity bills have doubled because of the data center usage. Rob Bresnahan ran on lowering utility costs, but yet he's hyping up AI data centers, so there seems to be a contradiction here.
Donald Trump has been saying he's going to remove regulations that would impede land sales for data centers,3 including making federal public land available for private data centers and the "network state" company towns4 for regulation free and democracy free monarchist zones.5 Meanwhile the American President has been instigating a trade war with Canada, when back in August 2024, tycoon Eric Schmidt had been warning the White House back then that the US will "need to become best friends with Canada" because the AI data centers in the US will need Canada's fossil fuel power.6
There is currently a proposed site for 14 data centers 3 stories high in Archbald, Pennsylvania, on a site that was previously supposed to be used for housing development.7 And that's with the housing situation here – it's almost impossible to move or find a house for a reasonable price, and rents are sky high despite being an incredibly low wage area. And local grassroots organizations around here actually center their organizing around housing issues and the unhoused.
So many municipalities have been duped out of taxes and into giving corporate welfare to these operations, resulting in lowered property values and angry residents. And this is all while Microsoft is being a first mover in pulling back on their data center investments,8 and tech industry journalists have been warning that this AI hype is a hype bubble.9
References:
Stock Trade References: https://www.com-unik.info/2025/03/29/rep-robert-bresnahan-jr-acquires-shares-of-dollar-general-co-nysedg.html / https://www.watchlistnews.com/tesla-nasdaqtsla-shares-unloaded-rep-robert-bresnahan-jr/10536136.html / https://www.thelincolnianonline.com/2025/03/29/linde-nasdaqlin-stock-unloaded-rep-robert-bresnahan-jr.html / https://www.watchlistnews.com/dollar-general-nysedg-shares-bought-rep-robert-bresnahan-jr/10536150.html / https://www.thelincolnianonline.com/2025/03/29/rep-robert-bresnahan-jr-buys-deere-company-nysede-shares.html / https://www.watchlistnews.com/rep-robert-bresnahan-jr-buys-weyerhaeuser-nysewy-stock/10536249.html / https://www.etfdailynews.com/2025/03/30/rep-robert-bresnahan-jr-buys-schlumberger-limited-nyseslb-stock/
We Went To Georgia. Facebook's Data Center Took This Town Hostage. More Perfect Union Mar 27, 2025 What's the true cost of the AI revolution and who should be paying for it? We went to Georgia to find out. Demand for data centers is booming as ChatGPT and other AI tools become integrated into our daily life. Under the Trump administration, investments into data centers in the U.S. is expected to surpass $1 trillion in the next five years. But data centers put extraordinary demand on the power grid and require entirely new infrastructure. In the next three years, data center use of electricity is expected to double or even triple. We went to rural Georgia, the state with the fastest data center growth in the country, and spoke with residents who are living next to massive data centers owned by Meta and Blackstone and facing nonstop noise, pollution and rapidly rising electricity bills. ----- More Perfect Union’s mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.
Pillsbury Law - Trump 2.0: AI and Data Centers in a Time of Legal and Technological Disruption - By Brittney D. Sandler, Samuel C. Markel, Alicia M. McKnight, Robert A. James, Dayo Feyisayo Ajanaku 01.30.25 President Trump has vowed to overturn policies set by the Biden administration he deems detrimental to AI innovation. On the first day of his second term, Trump repealed President Biden’s first executive order on AI, which sought to regulate AI risks, signaling the new administration’s adoption of a lighter regulatory approach to AI, national security focus, and enhancement of the U.S. competitive edge in AI development. This approach was underscored by President Trump’s appointment of David Sacks as the “White House AI and Crypto Czar,” a newly established role focused on shaping U.S. policy in critical technology sectors. Sacks is a venture capitalist who played a pivotal role as PayPal’s chief operating officer, founder of Yammer and co-founder of Craft Ventures. These announcements were quickly followed by the release of the Removing Barriers to American Leadership in Artificial Intelligence Executive Order (the “Trump AI EO”). It mandates that White House officials work in coordination with federal agencies to produce a plan to “sustain and enhance America’s global AI dominance in order to promote human flourishing, economic competitiveness, and national security.”
Blonde Politics | The Silly Serious – Nov 13, 2024 A look into how the tech leaders may be using the new administration to achieve their own agenda. Looking specifically at Peter Thiel, Elon Musk, Marc Andressen, Ben Horotwitz, Brian Armstrong, and David Sacks as well as their relationship with figures like JD Vance, Balaji Srinivasan, and Curtis Yarvin.
The Nerd Reich - Network State Unveils Push for Corporate Dystopia Cities - Gil Duran 08 Mar 2025 Trump’s 2024 campaign proposed something called “freedom cities,” a lightly rebranded version of the Network State. Yet, most news outlets mentioned the idea without providing any real explanation of the concept. Let’s be clear: These cities will be controlled entirely by tech billionaires and corporations, operating outside of U.S. laws. As this story comes into focus, there is no reason why anyone should accept the Orwellian term “freedom city” to describe zones that will actually be devoid of the laws, rights, freedoms and protections of normal American law. The term is an overt political manipulation that should be rejected by media outlets going forward, as it serves only the interest of propaganda. Fascist Cities would be more accurate, though I’m sure U.S. newsrooms can find a milder term.
Eric Schmidt Full Controversial Interview on AI Revolution (Former Google CEO) Financial Wise Aug 18, 2024 Eric Schmidt: “I talked Sam Alman is a close friend he believes that it's going to take about 300 billion maybe more I pointed out to him that I done the calculation on the amount of energy Acquired and I and I then in the spirit of full disclosure went to the White House on Friday and told them that we need to become best friends with Canada because Canada has really nice people helped invent AI and lots of Hydra power because we as a country do not have enough power to do this the alternative is to have the Arabs fund it and I like the Arabs personally uh spent lots of time there right but they're not going to adhere to our national security rules whereas Canada and the US are part of a triumvirate it where we all agree.” Erik Brynjolfsson: “so these $300 billion data centers, electricity starts becoming the scarce resource.”
Data Centre Dynamics - The Data Center Construction Channel - $2.1bn data center campus proposed in Archbald, Pennsylvania Not set to be approved until late 2025, but will feature 14 data centers if given the go-ahead March 08, 2025 By Niva Yadav An unnamed developer plans to build a $2.1 billion data center campus in Archbald, Pennsylvania. Located on 400 acres alongside Business Route 6 and Wildcat Road, the site was previously slated for a large housing development, as reported by the Times-Tribune.
Where's Your Ed At - Power Cut - Edward Zitron Mar 3, 2025 A week ago, analyst TD Cowen revealed that Microsoft had canceled leases "totalling a couple hundred MWs," with "at least two private data center operators across multiple US markets." The report also details how Microsoft "pulled back on converting negotiated and signed Statement[s] of Qualifications (SQQs)," which it added was "the precursor to a data center lease."
The Austin Chronicle - Where Have All the Crypto Bros Gone? Molly White, Web3's most visible skeptic, is busy debunking myths about tech before the next bubble - By Tom Cheredar, Fri., March 10, 2023 White does think there are plenty of lessons to learn for the next big tech hype bubble as well as the responsibilities of technologists and journalists, which is the focus of her SXSW session, Popping the Web3 Bubble. “We’re seeing that same thing play out in AI already that we saw with Web3: The tech was described as this mythical, magical invention that was going to revolutionize the world. And when you actually look at [blockchain], it’s like, ‘Oh, it’s kind of just a database, except it’s slower,’” White said. “If you look at a lot of these ‘AI tools,’ it’s like, ‘Oh, it’s just a large language model.’” In other words, those AI tools like ChatGPT that college students are using to write their literature papers are essentially autocorrect on steroids, complete with their own sets of ducking problems.