Byron Allen is calling some people and organizations out.
Putting aside the fact that Google may very well be right here this development just reflects whose interests are represented at the FCC. It’s not ours that’s for sure.
Why won’t Commissioner Wheeler testify before Congress before the vote? Why can’t the public see the now secret rules before they are adopted? Google apparently got to.
Well here’s a shock. Lloyd “my company should have died in 2008 but was bailed out by the taxpayers” Blankfein doesn’t think there’s a place for free markets. I wonder why?
What isn’t to love about Obamacare?
The Fed is gearing for battle.
Let’s hope this isn’t what she is saying when she says that scrutiny of the Fed (ha!) in the 1970s was the reason for stagflation. I mean they must be REALLY scared of an audit to float that line. I’m actually surprised.
PJ O’Rourke is probably in my top 5 favorite writers of all time. He begins speaking at 16:30 in the video.
Fundamentally it comes down to whether one thinks one can get something for nothing. If it has been your experience that something can actually be gotten for nothing, no work, no money, no “other people’s money,” no blood, then congratulations. You live in an easier world than the rest of us. If however you are inclined to think that for every action there is an equal and opposite reaction, then perhaps you should be concerned about the piles of sovereign debt stretching into the wispy stratosphere.
The stakes are now so high for the proponents of central bank debt creation that even if they saw the error of their ways (unlikely) they will still run us off a cliff if unchecked.
The Federal Reserve, as we have noted, is the Prime Mover of crony capitalism. It is a politburo. It is a central planning committee. It is a tool by which the big banks are backstopped with the wealth of the American people. It should be audited. It should be opened.
This is what the dollar has done under the Fed.
Sorry Chicago cabbies but times change. Looks like the threat to out gay alderman who voted to let Uber operate in the city didn’t work. Now the cab drivers have resorted to driving around honking their horns in protest. Seems it would be wiser to instead focus on raising the quality of their service.