Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Will those who collect payments be asked to sign a release that will bar future claims by their descendants? Or can we expect reparation claims every few years? What about “equal protection of the laws” for those who don’t get payments? How much has been set aside for “victims” and relatives of the officials who hand out the money? Is there a plan to study the effects of reparation payments in the future? (In other words, was any desired effect such as wealth accumulation or property improvement achieved?) Do the costs of administering the program exceed the reparations to be… Read more »