UBER PROFITEERS ON NEW YEARS WITH "SURGE PRICING" -- $200 Cab Rides!

Major news media are reporting UBER's latest scam: charging 1000% inflated prices on New Years Eve, with its "surge pricing," with people reporting spending $200 on fifteen minute cab rides.

Will the City of St. Augustine regulate UBER like other taxicab companies, or will favoritism continue?

Will the State of Florida enact lobbyist-drafted legislation preventing cities from regulating UBER?

Stay tuned.

Be vigilant.

Founded as UBERCab, UBER has a market capitalization of $62.5 billion and claims it just provided its billionth cab ride.

Monopolists have a way of getting their way -- as Henry Demarest Lloyd said of the Rockefeller/Flagler Standard Oil Trust, it "did everything to the Pennsylvania legislature except refine it."