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.
Let’s see what credit cards don’t work in July…
See how happy the retailers are then.
Credit cards will still work. It’s unfair to make retailers, and ultimately consumers, pay the interchange fees on taxes the retailer collects for the government. This is one of the only decent consumer protection laws to come out of Springfield. Nobody needs to give the banks more free money. The law needs work though as it is difficult to implement. If other states would adopt the law it could become standard and save consumers billions of dollars a year.