DC Taxi Heist: How a new law would screw drivers and riders
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January 13th, 2012 at 1:51 am
You need regulation and thus governments to keep corporations in check to allow the free market to thrive, which will bring down prices and create more products and services to create a better standard of living for all. But when regulations empower corporations to an unfair advantage over small business, that is when things go bad.
January 13th, 2012 at 1:52 am
I don’t think I’ve ever been so mad in my life. HORSESHIT
January 13th, 2012 at 2:32 am
@hellfirewrestling98 Anti-trust regulation is good in most cases. That’s basically it lol.
January 13th, 2012 at 3:02 am
I heard George Will on Econtalk recently say “the national past time is no longer baseball it is rent seeking”.
January 13th, 2012 at 3:29 am
How do I follow this bill?
January 13th, 2012 at 3:51 am
When people get power, this is often the result. Which is why we need fewer people in power, and we need the power to be much less concentrated among such a small group of insiders.
Shameful that people keep electing the sort of people that would even think of doing these things. In the end, a large part of the blame falls on the populace for consistently making ignorant decisions at the ballot box.
January 13th, 2012 at 4:10 am
@elfspriit so no goverment should be recognized? how would laws be inforced?
January 13th, 2012 at 4:27 am
@Lulzertank is zero regulation also a good thing or is their a blance that can be found?
January 13th, 2012 at 5:25 am
I see what’s going on here, you libertards don’t fool me!. Reason gets Koch money and does a story on free market taxi drivers who waste more gas than nice efficient state approved regulated taxi companies so the Koch brothers oil conglomerate can sell more oil to poor people. And, if you think I’m wrong it’s because you love that insane retard Glenn Beck…. //sarcasm…in case anyone didn’t get the joke///
January 13th, 2012 at 5:58 am
we need to just stop recognizing the federal and corrupt local governments altogether. without recognition, they will die.
January 13th, 2012 at 6:45 am
That’s why I wrote my book:
Please Break The Law.
Visit: Please Break The law.com
January 13th, 2012 at 7:17 am
Lmao fail policy. Too bad there’s thousands more of these situations across the country.
January 13th, 2012 at 7:43 am
This is just another example of the “regulation” game. Politicians “regulate” (I use quotes as control is more accurate) an industry to get campaign cash in return (or bribes as the video shows one example – how many more bribes are there?). And those politically connected get the business while others are prevented from competing with them (in this case, or other favors in other cases).
The right government involvement is to resolve disputes among buyers and sellers (via the courts).
January 13th, 2012 at 8:13 am
Why let the free market determine which drivers succeed and fail when you can get the gov’t to just wave its magic wand & “fix” it all? This stinks of rent-seeking. Follow the money!
January 13th, 2012 at 8:22 am
I just visited SF and they do it as well… 800,000 people… 1,500 cabs. Public Transportation is a nightmare over there, and this adds fuel to the fire.
January 13th, 2012 at 9:12 am
Because of politicians and big government, the whole stinking system is rotten to the core.
January 13th, 2012 at 9:27 am
I’M sure Jim Espstein “DC Taxi Hiest” going to Make folks see and understand the issue of Freedom Enterprize or the dc taxicab system in Washington DC and also know how deep it is in the history of the African American Community that people of color from else where did not know and enjoyed the Freedom, will know now, that we are in the same fight for Freedom is the real issue we Stand.>>Billy Ray
January 13th, 2012 at 9:48 am
cops are tops
January 13th, 2012 at 9:56 am
Please, could anyone send me the transcription of this video? I want to translate it to Portuguese and submit to the Brazilian Mises Institute (“Instituto Mises Brasil”: mises dot org dot br).
Thank you!
January 13th, 2012 at 10:18 am
The only example of corruption that John Ray cites while arguing for the medallion system is a license bribery scheme where several men attempted to pay off a member of the Taxi Commission (see: wapo .st/qwTGQt ).
But that’s political corruption that only happened BECAUSE of licensure. How is that an argument for greater licensure? The more tightly the supply of licenses is controlled, the greater the potential for corruption.
January 13th, 2012 at 11:16 am
I feel really sorry for those cab drivers. Not harming anybody and the government comes along and threatens their livelihood. What is DC thinking? That they need more unemployed?
January 13th, 2012 at 12:09 pm
@Lulzertank
Make that SMALL business-choking abomination. Big business loves it and they are often to reason many regulations are pushed through. Because the most powerful competitors want to eliminate or stifle competition and they want they buddies in government to do it. Because that’s a lot easier than actually providing a better service than your competitors and competing in a honest way.
January 13th, 2012 at 12:19 pm
@dapd4p brother you’re not the only one, hell The Capital Wasteland in real life judging on how our government is, seems to be in control of the Enclave LOL!
January 13th, 2012 at 12:44 pm
@cobraram and there must have bribery/corruption around who gets the medallions. The medallion system centralises power which is plain and simple communism
January 13th, 2012 at 12:56 pm
@flyfingers81 Nothing “liberal” about this proposal. Anti-liberal/left is a more accurate description