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    • What Uber, Lyft, AirBnB, Microsoft and IBM Teach Us About Competitive Markets
      Predatory pricing is when you charge less for a product than it costs to produce.  The idea is to grab market share and drive competitors into bankruptcy, then raise prices, ideally once there is a lot less competition. Possibly related??? Uber lost 1.2 billion dollars this year https://t.co/5hhG2Q7DR5 — Donte Jawncrief (@OhWowHmm) August 27, 2016 […]
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Obama Defines Obama

saint_obama1“Ich bein ein New Democrat.”  “I am a New Democrat.”  That’s what President Black Obama said at a meeting of New Democrats.  Of course, unlike John Kennedy in Berlin, he didn’t say it in German, though, had he been at a gathering of chicken dippers, he probably would have amended his declaration to profess his unambiguous affiliation with…chicken dippers, whatever they are.  Thus, the self-proclaimed “blank screen” that is the Obamessiah assumes a Paulian characterization for himself.  From the New Testament, 1 Corinthians 9:20-22:

20And unto the Jews I became as a Jew, that I might gain the Jews; to them that are under the law, as under the law, that I might gain them that are under the law;

21To them that are without law, as without law, (being not without law to God, but under the law to Christ,) that I might gain them that are without law.

22To the weak became I as weak, that I might gain the weak: I am made all things to all men, that I might by all means save some.

Politico reports the surprising declaration with the appropriate sense of awe it deserves, given the Artful Dodger’s previous reluctance to be as labeled, be it as liberal, Socialist, centrist, whatever:

President Barack Obama firmly resists ideological labels, but at the end of a private meeting with a group of moderate Democrats Tuesday afternoon he offered a statement of solidarity.

“I am a New Democrat,” he told the New Democrat Coalition, according to two sources at the White House session.

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