In response to:

Let the Taxi App Roll

Hard Thought Wrote: Dec 05, 2012 2:40 AM
The power to tax includes the power to destroy. The power to regulate includes the power to regulate away competitors. The Law of Unintended Consequences is always applied with a vengenance. I will vote for the first politician that comes out and says "Send me to Washington. We need a law to stop people from doing "X". I enjoy "X" and need to stop." They always want to stop YOU from doing what YOU want, never them.
drrisk2 Wrote: Dec 05, 2012 10:05 AM

"They always want to stop YOU from doing what YOU want, never them.:

And what they want most is to spend you children's and grandchildren's money to buy enough votes to keep them in power. Despicable.

If Hollywood remade "The Graduate" and set it in 1980, the one word the businessman would have for Dustin Hoffman's character wouldn't be "plastics." It'd be "medallions."

That's because the single greatest investment you could have made over the last 30 years isn't in gold or silver or even Apple stock. It's in New York City taxicab medallions.

Since 1980, New York's taxi medallions -- essentially the license to drive a cab in the Big Apple -- have appreciated nearly 2,000 percent, according to one estimate. Prices rose on average 8 percent annually for 30 years, dipping significantly only...