Monday, July 20, 2015

California's deranged legislature harming the state economy

Business Insider: The California Public Utilities Commission announced today that it issued two cease-and-desist orders to two Silicon Valley ridesharing companies during the last quarter.
KangaDo, the "Uber for Afterschool" app that offers to shuttle around children, was not licensed to operate in California, according to the CPUC's statement.
KangaDo's CEO Sara Schaer said that the company received the notice in April while it was still operating in private beta.
"We’re all in favor of following rules and regulations and, as such, we’re actually in pending status. That is why we are officially in private beta," Schaer told Business Insider. "We’re not operating as a rideshare company pending final approval."
The company is now working through the application process, which it submitted in June. 
This is why California spirals down hill and causes global recessions.  The state should be banned from international trade until the legislature is fixed.

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