Daily Archives: July 26, 2013

Unintended Consequence: Colorado’s Gun Control Law Kills Gun Buy-Back Program.

"The group wanted citizens to come down and sell their guns, cheap, to the group. Well, under the July 1 gun control law, the group cannot pay for any guns. It’s not licensed. To go through with the plan, the group must find a licensed gun dealer to host the event. Then the people with guns to sell must come to the gun dealer and sell them. Then the group can legally buy them — after the mandatory background checks, purchase by purchase. The local police chief called off the event. It’s illegal." Continue reading →

Continue ReadingUnintended Consequence: Colorado’s Gun Control Law Kills Gun Buy-Back Program.

Community organizers train to enroll the masses in Obamacare

"Their work is key to the success of the new law in its first year, when the Obama administration seeks to enroll as many as 7 million people, including 2.7 million young and healthy people who are cheaper to insure, for 2014. Oregon and Vermont have already begun training their enrollment advisers, while Connecticut and Washington are just starting up and other states, including Illinois and New York, will commence later this summer. The playbook for these ambassadors focuses on two main points: First, tell people how they will benefit from Obamacare; second, stay away from divisive political talk." Continue reading →

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IRS employee union: We don’t want Obamacare

"IRS employees have a prominent role in Obamacare, but their union wants no part of the law. National Treasury Employees Union officials are urging members to write their congressional representatives in opposition to receiving coverage through President Obama’s health care law. The NTEU represents 150,000 federal employees overall, including most of the nearly 100,000 IRS workers. Like most other federal workers, IRS employees currently get their health insurance through the Federal Employees Health Benefits Program, which also covers members of Congress." Continue reading →

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Uber Unveils On-Demand Boating Service in Amsterdam

"During last week's heat wave in the U.S., Uber modified its on-demand car service by letting residents in cities around the world order up ice cream trucks. Now the team at Uber has come up with another twist on the service called Uber Sloep. Launched as a special program in Amsterdam, the Netherlands' capital and largest city, Uber Sloep will allow anyone to use the Uber app to order up a private boat to travel the scenic canals of the city. For one day over the July 4 weekend, Uber offered $3,000 helicopter rides from New York City to the Hamptons under the 'Uber Chopper' moniker." Continue reading →

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Manchester officials nab five illegal taxis in sting operation

"With most taxis grounded over maintenance issues, city police and licensing officials nabbed five gypsy or otherwise illegal cabs Friday in a sting operation, officials said. The culprits included an airport limousine service and a young woman who used her personal car as a taxi, said Kevin Kincaid, director of licensing and enforcement for the city Clerk's Office. As part of the sting, police used websites such as Craigslist and telephone searches to find a cab. But the owner of Amoskeag Airport Service said he was doing nothing wrong and has hired a lawyer to fight the $200 citation he received, as well as regain the Honda Accord that authorities confiscated." Continue reading →

Continue ReadingManchester officials nab five illegal taxis in sting operation

Bankruptcy Litigation Does Not Generate New Wealth

"The only viable long-term strategy for claimants is to focus on doing whatever it takes to help the city/county start generating new wealth. But this is far more difficult than hoping to win some court ruling, and it also requires sacrificing the dearly held belief that fantasy entitlements should be made real by somebody, somewhere. Which brings us to the ultimate make-us-whole fantasy, the Federal bailout of every bankrupt city, county and state in the nation. Every constituency is of course first in line in terms of being deserving of 'what's owed to me.' Unfortunately for those counting on the Grand Federal Bailout, the queue at the Federal bailout window is already long." Continue reading →

Continue ReadingBankruptcy Litigation Does Not Generate New Wealth

The Silver Lining as Banks Say “No More Americans”

"Independent asset managers are entrepreneurs at heart. Many have started their own businesses after gaining deep experience in private banks or large investment houses. They recognize that those two business models don’t properly serve those looking for lower account minimums with the superior service found at smaller firms. Most Swiss independent asset managers feature tight, professional teams of four to five deeply experienced members. These managers are going about it the right way. They are registered with the SEC and they work with the very same private banks that decided to say good-bye to American clients." Continue reading →

Continue ReadingThe Silver Lining as Banks Say “No More Americans”

Switzerland pays billions to foreign governments in tax deal

"The Swiss finance ministry said that Britain had received a payment of 372 million francs, and Austria, 515 million. A ministry spokesman said the payments were just the first in a series of monthly instalments running until June 2014. Under bilateral deals with Britain and Austria, Switzerland has offered two options to people who fail to declare money placed in Swiss banks. They can either turn themselves in to their homeland's revenue services, or have their accounts taxed by the Swiss, who then transfer the funds without naming the clients. It was under the latter system that Switzerland handed over the sums revealed on Thursday." Continue reading →

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Luxury private taxi app Uber launches in Zurich

"Uber produces an app which allows customers to book rides with limousine companies and private drivers using their mobile phone. Offering an alternative to taxis, the company claims to have hooked up thousands of drivers with thousands of customers using iPhone and Android technology. According to Liz Spengler of the Taxiverband Zurich, 'The taxi industry in Zurich is unhappy with the launch of Uber. We feel that customers will probably be deceived by the dishonest competition; the drivers charge will far too much and probably earn very little; and, on top of that, the taxi and limousine market here is already saturated.'" Continue reading →

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San Francisco Taxis Promote Bitcoins

"In times when the US financial authorities are leaving no stones unturned in sacking Bitcoin transactions, some of the 375 taxis in San Francisco are now promoting the currency, and quite effectively. The new campaign can now be seen on the streets of San Francisco in which the taxis are playing a 'We use coins' promotion video. Among the 375 taxis, 75 of them are also featuring a still-image monitor. Bitcoin forum member Dadj explained that how they were looking for local companies interested in accepting bitcoins in their business transaction, to put their advertisement on the still-image monitors in the taxis." Continue reading →

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