In the same battle between the free market and the regulators that has been going on for centuries, the European Court of Justice will decide if Uber will be regulated in the same way that taxi cartels are regulated, thereby effectively ending the service.
The state senate of Arizona passed a bill that would remove the income tax liability on the purchase and sale of gold and silver. The bill now awaits the action of the governor.
Complacency among investors is high and getting higher. Is this a signal for higher stock prices? Or not?
The Texas House of Represented unanimously passed a bill establishing a depository for precious metals in anticipation of restoring sound money.
The report reflects far more than just temporal ebullience over potential strategies promised by the president to get the economy growing again.
The “Trans-Pacific Partnership” (TPP) fell almost immediately. But now, everybody is wondering what will happen next on one of the most disastrous “free-trade” schemes to be imposed on America. On the campaign trail, then-candidate Donald Trump's opposition to the controversial North American Free Trade Agreement (NAFTA) and the globalist ideology underpinning it were made crystal clear. Among other criticism, Trump blasted NAFTA as the “worst trade deal in the history of the world.” He vowed to “rip up” the deal, too. But after threatening last week to withdraw from it, President Trump has announced his intent to try to renegotiate it first. If that fails, he said, the U.S. government will formally withdraw from the scheme.
Friday’s report from the Bureau of Economic Analysis (BEA) was so filled with disclaimers that one will have to wait another month to get a true picture of how the economy is performing under President Trump, but there's more good news than bad news. You just have to dig for it.
Unless Big Taxi can wriggle out from under the rules that once protected them from competition, it wll soon be called Little Taxi.
It didn't take long for Stephen Moore, CNN economics commentator and distinguished fellow at the Heritage Institute, to move from a limited government conservative to a funder of big government.