The good news about Ukraine is that its dictator is out of power and will probably be arrested by the new administration and held accountable for his regime. But this is a big country of around 50 million people, with a good deal of land, natural resources, and ethnic diversity, which is still in economic and political trouble. It is not clear that the current Federal Republic in Ukraine will last, but perhaps break up into smaller countries.
The Arizona gay discrimination bill is as dead as it should be and will not come back to life because of simple economics, potential loss of revenue to this vast, beautiful State. Had that bill become law, businesses would have refused to come into the State, not only the NFL but also airlines, conventions, and others. Governor Jan Brewer voted with the state’s wallet on that bill.
The tax reform plan offered by Representative Dave Camp, Chairman of the House Ways and Means Committee, is the best plan offered by anyone in this Congress yet. With the Senate still working on a bipartisan proposal, it is an interesting plan in that it would cut taxes for people at the top and cut loopholes, but then add excise taxes on the wealthy to make up the difference. However, this is an election year, and at the end of the day, House Republicans prefer the current tax code.