More executive orders on their way?
Yesterday, at the U.S./African Conference our leader suggested, if he cannot
get congress approval, that he is prepared to act unilaterally on the two contentious
issues now in congress. (Immigration Reform and Corporate Inversion)
Maybe, instead of attempting to restrict mobility of American high wealth citizens
and corporations — we should address what is motivating this exodus and what we
can do to create incentives for them to stay.
What is the root of the problem? — fear of nationalism?
Placing more regulations, penalties, capital controls and barriers to exit is not
addressing the problem. It will just create more incentive for them to find strategies
to get out from under the tentacles of government predatory practices.
It is clearly evident that Corporate America is concerned about the loss of laissez faire
and continuity of their business enterprises. I surmise that their business intelligence
and trend analysis indicates that they need to relocate outside the country to operate in
a more business friendly environment.
If our leaders are truly concerned about the loss of corporate tax revenue and private capital leaving the
country then I would think they would stop spending the taxpayer dollars in other countries.
So far this year how many billions have been pledged to African countries?
Read the State Department press releases after one of their many globe-trotting adventures.
This current event about inversion is disturbing and is indicative of the multitude of
problems that the nation will face in the future.
I am waiting to get my weekly laugh.
I have not heard it yet, but I know it is at the front of a socially engineered mind
and it is on the tip of the bitten tongue.
I am waiting to hear … I know they don’t like me — it is not fair —
inversion is a social injustice and corporations are moving away because America has
It is “not fair” that corporations are leaving America to avoid taxes.
The American people do not want me standing around twiddling my thumbs waiting
for congress to do something.
We will “scour our authorities” seeking opportunities to act wherever I have the
legal authorities to make progress.
We are “going to make sure” that every time we take one of these steps we are working
within the confines of executive power.
I never have a green light,I am bound by the constitution, I am bound
by the separation of powers.
“All political thinking for years past has been vitiated in the same way. people can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome.” – Eric Arthur Blair
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