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" ... Judge Marrero pointedly rejected OCC's assertion that § 27(a)'s failure to specifically reference deposit acceptance rendered the "business of banking" term ambiguous. "The relevant inquiry here," he explained, "is not whether the NBA explicitly expresses such a definition but whether it unambiguously does so." Judge Marrero concluded that Congress clearly meant that for an entity to be lawfully engaged in the "business of banking," it must accept deposits. He reached that conclusion after examining predecessor statutes, dictionary definitions, § 27(a) in the broader context of the overall NBA, and OCC's history of chartering non-depository entities. ... "
" ... Or as Lauren Bille, founder and CEO of Allbodies, puts it more succinctly and pointedly, "Who doesn’t want more orgasms?” ... "
" ... Similarly, Roosevelt’s embrace of the payroll tax as a funding mechanism for Social Security might point the way toward healthcare reform. Don’t get me wrong: I think we’re a long way off from either single-payer healthcare (which Biden has pointedly chosen not to embrace) or any sort of broad-based tax that might fund such a universal program (like a VAT). In the short term, I don’t think the payoff (single-payer insurance) is sufficiently appealing to win approval for something deeply unappealing (a regressive and almost certainly substantial tax). ... "
" ... So, Apple has some smart folks. But virtually none of them are assembly workers. Apple would likely need an assembly partner—the Reuters article mentioned Magna International, one of my old companies from my days as a North American auto parts analyst—and that is where the real value-added is difficult to determine. Apple and Foxconn have a symbiotic relationship, while Tesla has broken up with virtually every partner it has ever worked with, save for Panasonic in Nevada (but, pointedly, not in China anymore.) ... "
" ... When I mentioned this to some of my non-medical friends (both male and female), their dominant reactions were horror and anger. One friend pointedly asked, “How is that not rape?” ... "