The Cuba Travel Sector is Modern Day Serfdom

Under US law, Americans, including American corporations or foreign corporations with a US connection, are prohibited from financing transactions in Cuba involving any confiscated property the claim to which is owned by a United States national. Financing is broadly defined. Again, under the law, the President is allowed to lift that ban if, and only …

Spain’s Conservative Government to Subsidize Cuba Investments

Spain’s conservative government, at least conservative from the European point of view, is wasting no time making the most of President Obama’s rapprochement with the Cuban regime. The state-subsidized COFIDES – kind of like an Ex-Im Bank for Spanish companies – announced yesterday it plans offer a $45 million line of credit to for new projects in Cuba …

Are We Willing Slaves or Have We Been Duped by the Politicians?

You have probably never taken time to consider the role of government in your life. Unless you’re a political junkie, you have no reason to do so. Why should you care? The list is endless. For our firm’s clients, it is a a real concern just about every day of the week. Try and operate a …

Fairfax Going the Way of Arlington County, Again. Where Are the Republicans?

We have nowhere to go … at least not within most of Northern Virginia. Taxes keep going up. Federal, state, and local. This past week the Fairfax County government agreed to increase property taxes. What about the Republicans? Just one of three Republicans on the Fairfax County county board opposed the increase, the Springfield Supervisor …

Some Virginia Republicans Have a Moral Hazard Problem

This post has nothing to do with religious morals. Sorry to disappoint. It is about a much more exciting issue, law and economics. I studied law at one of the few law schools in the country, and the only one in the metropolitan Washington, DC area, that places a heavy emphasis on the study of …