“This is just one more example of why the entire world needs to unite against these terrorists,” said Obama.
“The notion that any political agenda would justify the killing of innocent people like this is something that’s beyond the pale,” said Obama….(read more)
Source: The Weekly Standard
This election season there’s a lot of talk about corruption, about politicians being “bought and sold”, and about “crony capitalism”. What do those terms mean? Why should we care? Is there a way to reduce corruption and restore our trust in government? Author Jay Cost, staff writer at The Weekly Standard, answers these questions and proposes a solution that every society could benefit from.
Why New York City Mayor Bill de Blasio’s attempt to protect a government-enforced cartel ran out of gas
L. Gordon Crovitz writes: Progressive New York Mayor Bill de Blasio and Socialist Paris Mayor Anne Hidalgofound common cause on a shared threat while attending a recent climate-change conference at the Vatican. “The people of our cities don’t like the notion of those who are particularly wealthy and powerful dictating the terms to a government elected by the people,” Mr. de Blasio declared. “As a multibillion-dollar company, Uber thinks it can dictate to government.”
“Uber made the fight personal by adding a ‘de Blasio’ mode to its app, estimating how long the wait would be under the proposed law. Model Kate Upton tweeted in Uber’s support.”
But before Mr. de Blasio could return from Rome, he learned that people really don’t like when politicians try to take away their favorite app for getting around the government’s taxi cartel. The mayor was forced to drop his plan to limit Uber to a 1% annual increase in cars, far below the current rate.
“Errol Louis wrote in the Daily News that ‘Mayor de Blasio is leaving N.Y.ers stranded—like a black man trying to hail a cab uptown.’”
It’s hard to see why Mr. de Blasio thought that would be good politics. Two million New Yorkers have downloaded the Uber app onto their mobile devices—a quarter of the city’s population and more than twice the number of citizens who voted for Mr. de Blasio. But it’s easy to understand why he views Uber as an ideological threat. A tipping point is in sight where big-government politicians can no longer deprive consumers of new choice made possible by technology—whether for car rides, car sharing or home rentals. Mr. de Blasio’s experience should encourage other politicians to sign up for innovation.
“You are dealing with a huge economic force which is consumer choice, and the taxi trade needs to recognize that…I’m afraid it is a tragic fact that there are now more than a million people in this city who have the Uber app.’”
— The Conservative mayor of London, Boris Johnson
Uber has become a wedge issue. The Conservative mayor of London, Boris Johnson, took the opposite approach from Mr. de Blasio. “You are dealing with a huge economic force which is consumer choice, and the taxi trade needs to recognize that,” he said recently. He told a gathering of taxi drivers in London: “I’m afraid it is a tragic fact that there are now more than a million people in this city who have the Uber app.” When cabbies objected that Uber drivers were undercutting their prices, Mr. Johnson replied: “Yes, they are. It’s called the free market.”
“Government-enforced cartels fall faster and harder to disruptive innovation than most businesses. When change comes, it is more dramatic than in industries that already have competition.”
Presidential candidates are divided as well. Hillary Clinton implicitly criticized Uber in her campaign speech on economic policy, saying the “so-called ‘gig economy’ ” is “raising hard questions about workplace protections and what a good job will look like.” Read the rest of this entry »
“…Bank runs are expected on Monday, and a friend in Athens reports almost all the ATM machines have already run out of cash. Obviously, even those who work at the Greek parliament don’t have confidence in the system…”
via John Fund
Happening in Greece right now-almost 3am-people withdrawing as much cash as they can.
Daniel Payne writes: My colleague Robert Tracinski recently re-instituted the Democratic Party Death Watch, an alert that signifies the donks are “betting everything on the far-left base while driving away their own blue-collar and middle class constituents.” The modern Democratic Party being a clumsy amalgamation of economic buffoons and social justice warriors, a death watch is an appropriate vigil to keep, although I wouldn’t bet against Elizabeth Warren making fiscal insanity and dimwitted neo-Marxist philosophy a mainstream policy platform. It has been done before.
Nevertheless, the Democratic death watch sounds fine with me, and while we’re at it we can celebrate one of the other victories of the past year, a triumph that is not-coincidentally contemporaneous with the imploding prospects of the Democrats: 2014 was a year in which gun control became more of a liability for the Left than an asset.
To be sure, there are still plenty of politicians out there who are interested in restricting and curtailing gun rights: they will always be there, constantly mumbling about background checks and “loopholes” and 30-clip military-style magazine-rifles. Ignore them. In the main, gun control has become a distasteful subject and a losing prospect for many who seek it. Early in December, Pew released a poll showing that, for the first time in more than two decades, a majority of Americans support gun rights over gun control. Across the board these numbers have risen from just a couple of years ago after the Newtown shootings: the share of Democrats who believe in protecting gun rights rose 6 percent, the same as Republicans generally; among “conservative/moderate Democrats” the jump was a startling 12 percent. Urban, suburban, and rural Americans all increased their support of gun rights over gun control; blacks did too, by a whopping 10 percent.
The Signs of Desperation Abound
This isn’t to say that everyone who sides with gun rights believes in no gun regulations at all, only that the gun controllers have suffered a decisive and, frankly, humiliating defeat: for all the fearmongering, all the nasty and deceitful scare tactics that the Left has used over the past few years to convince more Americans to give up their gun rights, a majority of Americans have largely ignored this advice and even turned against it.