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.
Understandably, everyone comments on the state having to take initiative with possible violation of the contracts clause. Why not a federally assisted insurance program where individuals may waive their contract rights and join voluntarily? Illinois is apparently offering some cash-outs now. If directed by an individual who waives constitutional rights couldn’t Illinois contribute to funding the insurance also in consideration of the reduction of the system’s and the state’s liability?