Like the song says, “You gotta know when to fold ‘em.” For Boeing, that time is now, a little more than a week after the U.S. International Trade Commission rejected 4-0 its petition asserting Bombardier, a much smaller Canadian firm, had engaged in unfair trade practices.
Peter Roff | All Articles
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Peter Roff is a former senior political writer for United Press International and commentator on political and public affairs who appears regularly on the One America News Network.
With tax reform successfully completed, Congress and the Trump administration will now turn to other areas in which policies must be adjusted to bring about the revitalization of the American economy.
As the White House moves forward with workforce development week it’s important to remember what a gift the U.S. withdrawal from the Paris Climate Accords was. The rules were heavily slanted in favor of our economic competitors. While other nations prospered we would have struggled with handcuffed American industry, American manufacturing, and American energy production handcuffed by onerous regulation.
Now that Ambassador Robert Lighthizer has taken office as United States Trade Representatives he can get business helping Donald Trump fulfill his campaign promise to renegotiate all those bad trade deals that have been costing America jobs.
Right now the chattering class in Washington is more concerned with who’s in the new Trump administration and who’s not rather than the policy issues still to be litigated through the end of the Obama presidency. Tactically, this is a mistake.
It’s going to be close, but it looks like the U.S. Senate will give President Barack Obama the opportunity to ride to Puerto Rico’s financial rescue before the July 4 congressional recess. That’s too bad because what Congress is proposing to do is a bad bill. It sets all kind of precedents no one should want to revisit in the future. The people who say it doesn’t are splitting hairs.
Those of us old enough to remember Muhammad Ali in his prime understand how he redefined boxing. He was “The Champ” like no other, before or since. All class and all sass at the same time his flamboyant manner and irresistible charm were so compelling he may have saved his sport from oblivion.
The standoff between Apple and the federal government over the unlocking of an iPhone that once was in possession of one of the San Bernardino shooters is illustrative. It encapsulates nicely the conflict that exists between the government’s responsibility to keep us safe and an individual’s right to privacy. This dispute may go down in history as the federal government, perhaps unknowingly, attempted to strong-arm one of the most artful and aggressive legal armies our courts have ever beheld.
It’s often said the definition of insanity is to do the same thing over and over again while expecting to get a different result. Not surprisingly this appears to be a lesson lost on the head honchos at Freddie Mac and Fannie Mae who, having made risky plays that almost toppled the American financial system and cost taxpayers at least $187 billion in bailouts – we may never know the real number, which is probably much higher – keep trying to perpetuate their existence and put things back the way they were.
What Shakespeare said about a rose smelling as sweet under any name is surprisingly not applicable to the world of consumer products and corporate brands. Your refrigerator, your washing machine, your television and many of other consumer appliances may, in fact, be manufactured by someone you’ve never heard of rather than by “the name you know” that is affixed to it.
Fighting patent trolls is the new slogan for the do-gooders waging war against the intellectual property pirates who are sapping innovation from the U.S. economy. You hear it from benevolent technology companies and Washington insiders alike, but there are more than a few in Silicon Valley who are walking a fine line between playing the virtuous corporate citizen and maintaining the bottom line.
Over the last decade changes in technology have brought about momentous changes in the commercial space. The Internet and the many devices that link to it have created a world in which the business of buying and selling goods is not only international but instantaneous.
Things have been relatively quiet since the Patient Protection and Affordable Care Act became law. President Barack Obama’s signature achievement had the unexpected effect of creating a kind of political ceasefire in the healthcare wars that had raged ever since Bill Clinton first entered the White House.
The United States Department of Justice has a well-earned reputation for ruthlessness in its pursuit of lawbreakers, to the point where serious concerns have been raised they are trampling on the rights of the accused. It’s gotten to the point where politically motivated prosecutions, while not exactly commonplace are alarmingly frequent. One does not need be a juris doctor to recognize the system is sick: The way Alaska Republican Ted Stevens was railroaded out of the U.S. Senate on a train driven by the DOJ’s Public Integrity section is proof enough of that.
Trade with what in less politically correct times was called the Far East is a vital part of the American economy. The Pacific Rim nations are a hub of economic activity whose imports and exports have a direct bearing on the health of the U.S. economy and, for this reason, is a center of interest for U.S. policymakers.
Despite considerable congressional opposition to the move, the Obama administration is still not backing away from its announcement it will be cutting ICANN loose from its last remaining moorings sooner rather than later.
The U.S. economy is still trying to recover from the crash it experienced after the housing bubble burst. Fannie Mae and Freddie Mac were bailed out to the tune of $187 billion and remain in conservatorship, wards of the state. The single saving grace was that many of those loans had private mortgage insurance covering the first 30 percent of loss; otherwise the taxpayers would have received a bill for an additional $50 plus billion.
The Internet Corporation for Assigned Names and Numbers – once an obscure nonprofit that was ostensibly important just to a handful of tech heads - is now mired in controversy as a result of the Obama administration’s announced intention to put an end to the last vestiges of America’s supervision of the Internet.
If there’s anyone who is certain beyond a reasonable doubt that the North Korean government or agents in its employ hacked into the computer system at Sony Pictures they’re not saying. Nevertheless suspicions still run high that the attack – which combined 21st century technological ruthlessness with the amateurishness of a fraternity prank – reminded everyone that the regime in Pyongyang considers the United States its mortal enemy.