You have to hand it to the Chinese. Their trade negotiation tactics are complex. Ten days ago with much fanfare they announced required “deposits” equal to 180 percent of the value of sorghum imported from the United States. This was…
Pull Wells Fargo’s charter ‘to encourage the rest’
Dealing with long-term repeat offenders is one of the knottiest problems in criminal justice. Judging by yet another revelation about Wells Fargo’s normal practices toward its customers, it seems to be a knotty problem in banking regulation too. According to…
Government gives, takes. Even when it does not try
The government giveth and the government taketh away but nobody blesseth the name of the government, even when a particular gift is large. And people gripe loudly at every taking away. But such givings and takings are inevitable. I am…
Federal ‘tax reform’ is messy for states
Certain terms drip cynicism. “Surgical airstrike” and “usual, customary and reasonable” fees for medical services are now joined by “tax reform.” Nevertheless, an ill-considered, undebated and error-filled tax bill cutting corporate and personal tax rates did pass Congress and was…