Nostalgia for Old Battlefields

According to Irving Levin Associates, a research firm, between 2013 and August 2023 the nine healthcare giants spent around $325bn on over 130 mergers and acquisitions.

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In 2016, China reported 17.86 million births. This week, it reported 9.56 million births for 2022.

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Now 261 confirmed cases of Dengue in Italy of which 49 are locally acquired.

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Nostalgia for Old Battlefields

Remember when American courts tried to use European court decisions as precedents?

Here is a revealing segment from Gramm:

"...economic freedom and source of our prosperity, is being threatened by the Biden administration, which seeks to circumvent Congress, the courts and the Constitution to Europeanize the American economy. The administration, which can’t get Congress to legislate its agenda or the courts to allow it through executive orders, is now using international agreements and coordination in tax, antitrust, environmental and financial policy to empower Europe to impose the administration’s agenda on the U.S.

Europe is more than willing to share its constraints with its more efficient competitor, but the Biden administration is the driving force behind this regulatory race to the bottom. This mounting regulatory burden is dragging down the unique productivity, wages and profits that Americans view as our birthright.

A perfect example is the Biden administration’s agreement to allow foreign governments to tax U.S. companies on their U.S. earnings if Congress refuses to adopt the Organization for Economic Cooperation and Development’s global minimum tax. The administration not only supports the international tax increase but was its principal author. While 137 nations endorsed the OECD tax agreement, a Democratic Congress rejected it last year. Now, with a Republican House, the administration’s only chance to raise corporate taxes is to use the OECD agreement to pressure Congress to impose the tax or let foreign nations collect the equivalent tax on U.S. subsidiaries operating in their countries. The Trump administration blocked France’s proposed digital services tax on U.S. tech companies by threatening tariffs on its wine and cheese exports to the U.S. But the Biden administration has pledged not to retaliate when foreign nations tax American companies on their U.S. earnings.

Another example of this collusion is the Federal Trade Commission’s coordination with the U.K. antitrust watchdog, the Competition and Markets Authority. After the FTC wasn’t able to block Microsoft’s acquisition of Activision Blizzard in federal court, the agency appears to have conspired with the CMA to block the acquisition.
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Over the past 30 years, real per capita gross domestic product in France and Germany, the EU’s two largest economies, have grown, respectively, from $28,670 to $38,913 (a 35.7% increase) and from $30,615 to $43,032 (40.5%). Real per capita GDP in the U.S. has grown 56.7%, from $40,108 to $62,866. Making America more like Europe gives the Biden administration the government it wants, but European economic results won’t give American families what they want."

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These people can not remember why the American Revolution occurred and what it allowed us to escape. And they go outside our foundational documents in their attempts to drag us back to those grand old days of aristocracy, ethnic conflict, and abuse of the common man.