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" ... American folklore alludes to the 19th century railroads as justification for regulatory agencies, but the creation of Interstate Commerce Commission (ICC) in 1887 was partially a product of rent seeking, reflecting the political prioritization of powerful agricultural interests over transport providers, not consumers. Shippers of the time desired political power to ensure preferred rates rather than a competitive bidding process. The subsequent decades saw the decay of America’s railroads, so much so that they were unfit to deliver some supplies to ports during World War II. Many went out of business as the government subsidized highway travel and trucking. It reached a crisis point by the 1970 bankruptcy of the Penn Central railroad, threatening to bring Goldman Sachs down with it. ... "
" ... Equally aggressive and performance-poised is the 1996 Porsche 911 Carrera RS that would be joining me. It’s classic mid-nineties Porsche styling - sleek yet bold, slowly inching towards our modern 911 design, yet still wonderfully analog in that pre Y2K sort of way. Its powerful rear wing alludes to its performance chops, which the car indeed has, due to it being stripped of dead weight and housing a more powerful 3.8-liter flat six rather than the then-standard 3.6-liter engine. ... "
" ... Mackey’s evolution, and the one he engineered within Whole Foods, was decidedly “not about market share and products.” As this introduction alludes, the reboot of his innovation was about “leadership and people,” and in particular the person in the CEO’s chair. As Mackey puts it, “an organizations potential is constrained by the abilities of its leader.” Mackey’s personal recession forced him to improve. ... "
" ... The disclosure of very important information from a very important person, with a comment that the source will be revealed later, is a common Trump tactic. Cut to the chase: The source or people he alludes to are never revealed. He can then spread unverified stories without giving any sources. By the time he is confronted about it, it’s too late — the unverified story has gotten out. The more outlandish it is, the more it’s discussed. ... "
" ... The health benefits Panton alludes to stem from aromatherapy, which has debatable pharmaceutical validity, but roots in ancient homeopathology. The $5 billion scent market is dominated by mega brands Febreeze, Glad and Yankee Candle, who manufacture in traditional factories and have built their fortunes on aerosol technology that contributes to air pollution. The opportunity for a clean and aesthetically pleasing alternative was highly appealing to lead investor Harbinger Ventures. ... "