by Richard Schulman Single-man dictatorships have a devastating flaw. They paralyze independent action by lower level flunkies. That is the reason why local officials in Wuhan didn’t dare act decisively to contain the coronavirus epidemic before it became a national and international health crisis. Thus, the Chinese Communist Party’s Xi dictatorship is the real party […]
China trade deal called managed-trade Gosplan
The weekly trade report with L.C. Critics claim that the Phase One bilateral trade deal just signed by the US and China is a mercantilist, managed-trade Gosplan that will create more rather than less friction between the two countries, further unsettle world trade, and reduce investment. It will also provoke continuing friction between the US […]
Trade’s minor player, Congress
The weekly trade report with L.C. Concern is growing nationwide that trade’s minor player, Congress, shouldn’t have let itself be downgraded to its present subordinate position. Article I, Section 8 of the Constitution specifies that “Congress shall have Power…To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.” Admittedly, […]
Iraq could break up if the US is expelled
by Richard Schulman Shiite legislators may have second thoughts on following through on their non-binding vote to expel the US from Iraq. Not only would this seal Iranian domination over their country: Iraq could break up. The country could split into three pieces – a Kurdish north-east, a Sunni west, and a Shiite east and […]
USMCA puts US under UN
The Weekly Trade Report – by L.C. The USMCA may move soon to a vote on the Senate floor, but the National Taxpayers Union (NTU) writes that “North American trade policy is too important to rush.” Congressional leaders leading the stampede are behaving like “timeshare salesmen…in trying to create a sense of scarcity and urgency […]
