Category Archives: The Economy

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As Milton Friedman would note

Feds regulate your savings accounts

Imagine my surprise when I tried to transfer some savings to checking this morning and was told by the bank’s robot that I had already reached the federal limit of six transfers in one month.

Never heard of it? Neither did I. Invasion of the bureaucracy!

Via LifeHacker

Finally, antitrust

“The Justice Department has opened a broad antitrust inquiry into whether Silicon Valley giants are unlawfully stifling competition. The announcement under Attorney General William Barr confirms that Facebook, Google and Amazon are all in the crosshairs, significantly ratcheting up the pressure on Big Tech as lawmakers also conduct their own hearings into issues of privacy, hate speech and content moderation.”

Via Fox News

The Gipper on the Dim economy

“To revise and extend the Gipper’s remarks, the DNC-MSM’s view of the economy can be summed up in a few short phrases: if it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it. And if people like it — ban it.”

The exact opposite of what Trump has done and is doing. And the economy roars and all boats are lifted.

Via Instapundit

Aransas Pass gets a makeover

“These massive infrastructure undertakings are just two among dozens of colossal infrastructure projects along Texas’ coastal bend. This crescent of sleepy beach towns and oyster-shell-crusted beaches is fast becoming a focal point for the world’s energy market. Tens of billions of dollars’ worth of public and private energy investments are transforming the area around Corpus Christi at a blinding pace. And most of them are dedicated to exporting energy—something that wasn’t possible until just a few years ago.”

The Corpus Christi area already is the number one crude oil exporter in the U.S. and is angling to be the number one LNG exporter as well.

Via Popular Mechanics

Dims want higher taxes

The Dims are planning to hit at the source of the new prosperous Trump economy, i.e. lowered corporate taxes. The Dims want to raise them again, substantially.

“Just last week, it was announced that the U.S. economy added 312,000 jobs in December. Over the past 12 months, wages have grown 3.2 percent and 2.6 million jobs being created. The U.S. has been named the most competitive economy in the world. Manufacturers just had their most successful year since 1997 and small business optimism is at record highs. Raising the corporate rate, as House Democrats are proposing, would undo these gains.”

Is it out of spite? Just to deny the GOP its economic glory? Or merely to tax and spend as the Dims usually do? They have many palms to grease. No matter. Until the Senate turns blue, it won’t happen.

Via Americans for Tax Reform

Marijuana Tourism

“Marijuana tourism is huge in Colorado, whether your trip includes tours, accommodations or other related cannabis experiences…Colorado marijuana law allows hotels and private rental properties the ability to decide whether or not to allow guests to consume marijuana on premises.”

Or you could try a “bud and breakfast.”

Pretty cool.