A teaspoon of illegally made fentanyl could conceivably kill 3,000 people, by one measure. The state with the smallest population, Wyoming, has about 578,000 people. It would take close to 200 teaspoons to kill a population of that size.
A collection of EU ministers are meeting in Bucharest to decide, among other things, how to retaliate against President Donald Trump’s tariff regime, which he has proposed implementing if the EU continues to not negotiate tariffs or US-EU trade in general.
German Economy Minister Peter Altmaier wants the ministers to act in unison, but he also has a more constructive view of how to approach negotiations with us.
…car tariffs between the US and Europe should be reduced and completely abolished.
Indeed. It’s what the German auto industry wants, too, and Trump has on offer a completely tariff-free trade regime for the US and the EU.
Shades of FDR, and a betrayal from the putative right of center. Senator Marco Rubio (R, FL) wants Government to dictate to private enterprises what they must do with company profit.
The plan backed by Rubio encourages domestic investment by making full and immediate expensing permanent “as a way to discourage companies from pursuing share repurchases.”
Right move, wrong reason. Immediate expensing ought to be a permanent item in tax code reform on its own right. Delaying expensing or stringing it out is just another aspect of using our tax code for social engineering, which bastardizes our tax collections and distorts our market away from the most efficient use of our money—whether business money or personal. And that most efficient use might well include stock buybacks; that’s a business decision with which Government has no business interfering.
Last Tuesday, the British Parliament voted to send Prime Minister Theresa May back to Brussels to renegotiate the status of Great Britain’s Northern Ireland border with the Republic of Ireland, which is part of the Brit-EU exit agreement that the Parliament had earlier rejected. The same day, the Parliament also rejected an attempt by Labour to delay by nine months the actual departure of Great Britain from the EU, leaving the date set at 29 March.
European Council President Donald Tusk said through his spokesman
The backstop is part of the Withdrawal Agreement, and the Withdrawal Agreement is not open for renegotiation.
Germany is moving decisively to eliminate coal-fired plants as a source for its economy’s energy.
Germany has already banned nuclear power, which was a singularly stupid thing to do—that source of energy already had no CO2 emissions. Nevertheless, the destruction of that industry already is ongoingly expensive.
Merkel’s decision in 2011 to dump nuclear energy by 2022 and to accelerate the build-out of renewable sources such as wind and solar power is already costing them €27 billion [$31.8 billion] each year in the form of a renewable-energy tax.
Some Congressmen are working on bills that, in their aggregate, would bar sales of critical computer components to the People’s Republic of China’s communications companies Huawei, ZTE, and other PRC companies caught violating our export laws or sanctions on those companies or companies with which these do business.
The PRC is upset.
Foreign Ministry spokeswoman Hua Chunying said it was all “hysteria,” and
I believe the action of these few representatives are an expression of extreme arrogance and an extreme lack of self-confidence[.]
The PRC’s insults and hysterical response, whether individual or taken together, are sufficient evidence that we’re on the right track.
The Trump administration had expanded rules allowing employers to opt out of being required to provide birth control coverage to their employees at no cost to the employees, so long as the opting out was convincingly based on religious or moral grounds. Federal District Judge Haywood Gilliam of the Northern District of California has issued an injunction blocking enforcement of the expansion while an underlying lawsuit against the expansion is underway.
Ordinarily, blocking an enforcement while the underlying case proceeds is no big deal, but this one is just plain wrong. Gilliam based his ruling in significant part on the premise that
That’s what we can see made plain in the incoming Congress’ House of Representatives. Congresswoman Bonnie Watson Coleman (D, NJ) had this on her Progressive-Democratic Party’s plans:
There are dozens of measures…that have been languishing with Republicans at the helm for years, and I expect to see many of them finally come to the floor under Democratic leadership[.]
Plans like rolling back the just enacted tax cuts and preventing the individual income tax cuts from becoming permanent. Because the Progressive-Democrats know more about how to spend our money than we do.