Since the beginning of the year, when there were rumors that Samsung was on the verge of making an offer to acquire the fledgling tech firm, investors have been waiting for CEO John Chen to sell BlackBerry Ltd. (NASDAQ:BBRY), (TSE:BB). They may have to wait longer. In a recent interview with the CBC, Chen promised […]
Archives for July 2015
Crony Alert: Wall Street banking on Jeb Bush, Hillary Clinton in the White House
It seems Goldman Sachs executives and employees are banking on another Bush or Clinton in the White House come 2016. It was discovered this week that more than 50 Goldman executives and employees contributed more than $144,000 in the second quarter of this year to the campaign of former Florida Republican Governor Jeb Bush. Most […]
GOP Congressman to Fed Chair Janet Yellen: ‘You did absolutely nothing’
For the first time since taking over from Ben Bernanke, Federal Reserve Chair Janet Yellen has received a lashing from a public official. Wisconsin Republican Congressman Sean Duffy took Yellen to task for close to two minutes. Why? He accuses Yellen and the central bank of suppressing documents that have been subpoenaed for a current […]
Paul Krugman admits high minimum wage hurts economies
Wow. This is quite the shocker. Paul Krugman, the hilarious Keynesian economist punching bag for most conservatives and Austrians, admitted in an interview with Bloomberg that high minimum wages do come with negative economic effects. But wasn’t the case made that there are no consequences to high minimum wages? That’s what Keynesians, progressives and union […]
Guest Post: Is It Time For An Amazon-style Smoke Shop?
“The times they are a-changin’ ” – Bob Dylan’s proclamation during the 1960s rings true today. “Fifty years ago, head shops began dotting the country and, through the decades, became a common part of the American landscape,” says Ryan Ward, a former employee of eBay and founder of Weedshop.com, an online store offering various smoke products. […]