Baltimore mayor vetoes bill that would raise Baltimore minimum wage to $15/hour

Baltimore has run enough businesses out of town over the last 50 years. I guess the mayor figured SOME jobs should be left in the place.

Consider the politics of such a veto. Obviously in a Democrat dominated (only) city like Baltimore the way to keep the voters happy (in the short term) is to raise the wage. Everyone would have declared how it was a victory for workers etc. And yet it seems that the good mayor was mugged by economic reality.

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Trump Releases His First Budget Blueprint: Here Are The Winners And Losers

Every budget has winners and losers. (Hey at least we have a budget.) But the losers for too long have been the American taxpayers. This must change. There is perhaps some – some – hope here. Though that $54 billion for the Pentagon should be given back to the American people.

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No, Bill Gates, We Don’t Need a Robot Tax

Of course not. Why slow innovation and the gains we will see as a society from this innovation? Yes some jobs will go away. But new ones will emerge. Likely in ways we can’t even conceptualize today.

Also a key point in this discussion is that we should fight new taxes always and everywhere. The government gets enough private money. Let’s not give it any more excuses to take the wealth of the people.

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Brazil’s worst-ever recession unexpectedly deepens in late 2016

Before the Olympics

Brazil has been having a tough go over the last few years. A country that was once riding high and peering just barely into the 1st World neighborhood has now stumbled back behind the southern fence. The years and years of corruption under leftist governments (recently) have taken their toll as has the general slowdown in China which is a vital trading partner.

(From Reuters)

The downturn has left nearly 13 million people unemployed,

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On Military and Spending, It’s Trump Versus Trump

By Ron Paul

It can be a challenge to follow the pronouncements of President Trump, as he often seems to change his position on any number of items from week to week, or from day to day, or even from minute to minute. Consider his speech last week at the Conservative Political Action Conference (CPAC). It was reported as “fiery” and “blistering,” but it was also full of contradictions.

In the speech, President Trump correctly pointed out that the last 15 years of US military action in the Middle East has been an almost incomprehensible waste of money – six trillion dollars,

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Is James O’Keefe About To Smoke CNN? Tells Hannity He’s Set To Release “Hundreds of Hours” Of Newsroom Footage “Wikileaks Style”

CNN is kind of the TV flagship for the #cronymedia, (The mother ship is The New York Times) which in the wake of the recent election isn’t enjoying the same kind of crony status any longer. This could be very interesting.

Say what one wants about O’Keefe, but the guy is fearless and I wouldn’t be surprised to see serious nastiness from CNN in the release. As I’ve said before, I once interned for a “conservative” news network (not Fox) and even there the production staff was all basically “liberal.”

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The Hill (POLL): Americans brimming with optimism on the economy

The debt monster still looms which will be harder and harder to feed as interest rates rise.  The stock market is still built on magic conjured by the Federal Reserve. Europe continues to generally remain weak. Greece particularly is eroding yet again.

But saying all of this there is a tangible optimism economically speaking in the air. I certainly sensed it with the election of Trump, even in my very “liberal” home town. Yes there are/were people wailing and crying to the stars in the wake of Hillary Clinton’s loss.

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Great, so now Trump supports taxpayer backed “Boeing’s Bank” after talking with Boeing’s CEO?

Trump had said that the Export-Import Bank of the United States was a bad idea. An example of classic crony capitalism. But that position may have just changed. If so that would be disappointing, bad for taxpayers, and would further our system of crony capitalism.

The Export-Import Bank should die. If it doesn’t with a GOP president, Senate, and House then that tells taxpayers all they need to know.

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