As we said yesterday (and many other days) it is pay to play in many parts of our overly politicized economy, and Uber (the world’s leading ridesharing company) wants to play. That’s why it just brought on a high powered consultant formerly of the Obama administration to smooth things over with the other rent seekers.
The Consumer Financial Protection Bureau, Elizabeth Warren’s baby, and protectorate of the Federal Reserve (the Fed funds the CFPB) is graduating lobbyists left and right. This crew holds the keys to Dodd-Frank for industry and it doesn’t lend out the keys for free.
There’s still hope for Lyft I guess.
My county only got a couple of assault rifles from the Feds. I guess that’s probably pretty good. Click on the image below to go to the dynamic map at the New York Times to check your county.
This isn’t a surprise. We are still in the midst of a lingering depression/recession. People need to get by and retirement for many is down the road in hopefully more prosperous times. Right now the kids need shoes and school clothes.
If everyday citizens are going to be watched everywhere they go in public I think it’s only fair that the people who enforce our ever growing number of laws wear a camera.
I remember back during the the big Argentine default of 2001 I was on an overseas real estate website and I saw a piece of land which was literally the size of Delaware for sale for $1,000,000 US. I remember thinking that even if the land was deep in the barren steppe of Tierra del Fuego it still had to be a deal at that price. There would have to be minerals under there of some sort. All I had to do was find 1 million dollars.
Fed Ex was just indicted on charges that it helps facilitate the transport of illegal drugs, especially from Canadian pharmacies. (Where drugs are much less expensive.)
Ex-Im is set to run out of funds at the end of September. Let’s make sure that this vehicle for crony capitalism doesn’t get a new lease on life.