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Join Jim and Greg for the Wednesday 3 Martini Lunch as they watch lefty businesses and business owners flee blue states for red states, oil tanker traffic grinding to a trickle in the Persian Gulf, and CPAC still welcoming the likes of Steve Bannon.
First, they react to the news that Starbucks is moving part of its corporate headquarters to Tennessee, a state with no income tax, and hinting that more of its corporate structure could follow. The coffee giant is currently based in Washington state, which just approved a major tax hike on higher-income households. The blue state economic fantasy runs into reality yet again.
Next, they're frustrated by Iran's ongoing ability to stop most oil tankers from exiting the Persian Gulf. Jim explains how Iran is able to harass so many vessels despite its navy being so badly depleted and what the U.S. Navy can do to counteract Iran.
Finally, they groan over the news that CPAC has invited Steve Bannon to speak at its conference later this month. The controversy follows revelations that Bannon conducted a multi-part interview with Jeffrey Epstein and appeared to be trying to rehabilitate Epstein’s public image,
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Greg Corombos
Jim Geraghty