Taxi Association President Compares UberX To ISIS Terrorists

Philly ccThis is almost as bad as the taxi association guy in Chicago who threatened to out local gay alderman if they voted to let Uber operate within the city.

The taxi guys (not the drivers for the most part) are used to getting their way. They are used to cozy relationships with city halls all across America. What they aren’t used to is market presure to increase the value of their service for their customers. Now, after years of neglect the taxi guys are complaining. Sorry guys.

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If Republicans really want limited government they should support marijuana legalization

pot stamp cc

I am personally on the record as agreeing with this sentiment. Legalization of cannabis nationally and then the state to state regulation of pot is the Constitutional position. It is the limited government position. There should be no federal prohibition of marijuana.

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Fed Ending QE Is Not the End of Easy Money (And welcome to “easy oil.”)

I recommend this book. It's not all right but it explores some very important geopolitical and economic concepts. Stuff which is not usually discussed.

I recommend this book. It’s not all right but it explores some very important geopolitical and economic concepts. Stuff which is not usually discussed.

The bankers are all sighing with relief. It looks like they weathered yet another fit in the markets.

Is there a “Yellen put” in place? Yes. But more accurately it is a “Federal Reserve put.” It’s been around for quite a while. We don’t have real prices. We don’t have a real market.

Also one thing which is not really discussed often in depth is the degree to which the petrodollar plays into all of this. Oil goes down in price, the dollar typically goes higher (and vice versa,  also oil is priced in dollars on the world market) and lower fuel prices juice the American economy. It may be that fracking, and the oil supply it has created (along with a Saudi Arabia which has turned on the spigots, likely to hammer the economies of Russia and Iran who are both hurt by a Saudi created glut) is actually the most important “monetary” tool right now.

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Unions pour millions into CA School Superintendent race

teacher cc

Well, the stakes are high for the teacher’s unions. California is a place where teachers get a particularly sweet deal and hold considerable political sway. But the union guy for the job, Tom Torlakson, is being beaten by a charter school advocate, Marshall Tuck. Both men are Dems, but Tuck could be a change agent and the unions fear him.

Boy, you know you are in California when the “conservative” candidate (Tuck) has received money from Michael Bloomberg.

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Is Filming a Police Officer a “Domestic Threat”? Austin Activist on Trial (Now Acquitted) for Videotaping an Arrest (Video)

buehler ccThis guy, a West Point grad and veteran by the way, was just found not guilty of failing to comply with an officer’s order. Congratulations Mr. Buehler. Keep the cameras rolling. This takes guts.

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Why Middle-Class Americans Can’t Afford to Live in Liberal Cities

san-francisco

I was just in San Francisco and prices and rents are INSANE. The city will not allow any new development and as such the hyper-liberal city is home nearly exclusively to the rich.

There are exceptions. There is a huge homeless population. But for those with mailing addresses the cost of living is astronomical. This is common in many “liberal” cities. Why is this?

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Top political donors? 1. Steyer $73.7 million, 2.Bloomberg, $20 million, and 40 others

Tom Steyer

Um…

 

Thomas F. Steyer $73,725,000
Michael Bloomberg $20,011,895
Paul Singer $9,333,539
Robert Mercer $8,070,000
Fred Eychaner $7,900,000
Sheldon Adelson $5,000,000
J. Joe Ricketts $4,870,000
Richard E. Uihlein $4,235,000
Robert C. McNair $3,500,000
George Soros $3,315,000
Warren A. Stephens/Stephens Inc. $3,035,000
James H. Simons $3,000,000
Kenneth C. Griffin $2,825,000
Linda McMahon $2,635,000
Joseph W. Craft III $2,625,000
Seth A. Klarman $2,600,000
B. Wayne Hughes Sr. $2,500,000
Kenneth W. Davis Jr. $2,458,911
Ronnie Cameron/Mountaire Corp. $2,350,000
John W. Childs $2,165,000
S. Donald Sussman $2,025,000
Charles G. Koch $2,000,000
David H. Koch $2,000,000
Andrew Jerrold $2,000,000
Amy Goldman Fowler $1,999,760
Virginia James $1,800,000
George M. Marcus $1,750,000
Marlene Ricketts $1,725,000
Herbert M. Sandler $1,700,000
Jon L. Stryker $1,625,000
Anne Getty Earhart $1,600,000
Sean Fieler $1,574,670
Ronald M. Firman $1,476,620
Angelo Tsakopoulos $1,347,000
Daniel S. Loeb $1,250,000
Robert B. Rowling/TRT Holdings $1,200,000
Sean Parker $1,125,000
Ian M. Cumming $1,025,000
Julian H. Robertson Jr. $1,012,000
Diane Hendricks $1,000,000
Meridee Moore $1,000,000
Clarence L. Werner $1,000,000

Source: Federal Election Commission

By Christopher Schnaars, USA TODAY

Click here for the article.