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Repeal and replace is now finished and the Senate is having trouble mustering the votes just to bring a repeal bill up for debate.
At this point, it's safe to say the congress is incapable of functioning.
Some of you could not be happier, and under normal circumstances, I'd be right there with you. But a repeal of Obamacare and a rollback of regulation combined with tax reforms are things I'd like to see happen. The problem is, Republicans don't.
If you ever thought Republicans stand for your values of limited government and free markets the last few months should be a huge reality check.
If you want to know why someone would call for MORE regulation in their industry just follow the money.
Once a company has established itself in the space, controlling competition becomes a serious concern.
One of the easiest ways to prevent competition from entering the market is to petition the government to institute burdensome and expensive regulation.
The established company can afford to pay the cost associated with the regulation while the startup will struggle. It's an old game being masterfully played by Elon.
Jason
Normally I'd be excited. And maybe I should be. Obamacare reform isn't going to happen. (Even if it does happen)
There's little to no hope of any tax reform which means no increase in the debt and deficit and...
There's no budget on the horizon which means getting big spending projects done is nearly impossible.
These are all good things, but it would be nice if, for once, Congress could get some significant spending cuts, tax cuts, and regulation reform accomplished.
This has been the Republican promise, but alas, as usual, their tough talk turns out to be just that, talk.
Today I want to talk with you about government lies and empty promises. We'll use the current state of affairs as our examples.
Happy Friday everyone. Enjoy!
Jason
I'm so sick of hearing all the proponents of "net neutrality" complain about the FCC's attempt to remove hundreds of pages of unnecessary regulation.
None of them have the slightest idea what they're talking about. For starters 'net neutrality' isn't even a real thing. The Internet has never been neutral or even equal. That's because it's a free market and in a free market broad INEQUALITIES that exist.
Net Neutrality is a made up term invented by those who want to have the internet regulated for their own financial gain.
I've spoken about this at length in the past, but the trolls are back out claiming the "free internet" is going to come to an end when these regulations get rolled back.
Today I'm going to clear things up and give you the firepower necessary to teach the truth.
Jason
From the mouth of Fed Chair Janet Yellen, "I don't believe we will see another financial crisis in our lifetime."
I had to reread the quote three times.
From there my mind began to race working all the angles. Why would she say that? What political or economic gain could come from such a ridiculous statement.
I am at a loss which leaves me with only one answer. Yellen is drinking her own Kool-Aid and actually believes she can control the market.
It's nonsense of course. Attempts to control the market always fail. But that doesn't stop each generation of control freaks from giving it the old college try.
It's a mad, mad world.
Jason
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