What would Obama do?
ScottW
> What would Obama do?
He probably wouldn't bother to read the link either.
Yeah, his brink of nuclear war comment and praise
of Kennedy meeting Nikita shows he's about as ignorant
as you are.
ScottW
I see. Have you ever considered running for office? With your insight,
excellent grasp of the issues, and professional demeanor (I can only
imagine your personal charisma and boyish good looks) you'd be a shoo-
in.
I'm not the only one who has told you that it isn't worth reading your
one-liners, reading an entire link to try to figure out what you meant
and how it relates to your one-liner (especially considering your
communication "challenges") and then respond.
I'd imagine Obama has other things to do as well. LOL!
The Instapundit has his Instaputz.
Stephen
He takes it up the ass for the neocons, He is nothing but a gutter pimp
and a shabbas goy for these filthy beasts.
http://www.manufacturing.net/News-US-Wont-Cite-China-As-Currency-Manipulator.aspx?menuid=36
>>"U.S. Won't Cite China As Currency Manipulator
By Martin Crutsinger, AP Economics Writer
Manufacturing.Net - May 16, 2008
Printer Friendly E-mail to a Colleague
WASHINGTON (AP) -- The Bush administration has declined to cite China for
manipulating its currency to gain unfair trade advantages against the
United States.
The finding announced Thursday came despite pressure in Congress for
penalties because of America's growing trade deficit with China, which
last year hit an all-time high of $256.3 billion (euro165.6 billion), the
largest deficit ever recorded with a single country.
In a report it is required to deliver to Congress every six months, the
administration said China needed to address the ''substantial
undervaluation'' of its currency compared with the dollar. But the report
said China did not meet the technical requirements under the law to be
designated as a currency manipulator.
The report noted that the Chinese currency, the yuan, has risen in value
by 18.4 percent against the dollar since the Chinese government loosened
its currency system in July 2005. However, American manufacturers contend
the yuan is still undervalued by as much as 40 percent, making Chinese
products more competitive in this country and U.S. goods more expensive in
China.
Treasury Secretary Henry Paulson had hoped to use a new series of
high-level talks with Chinese officials to get the country to move more
quickly in addressing not only the currency issue but a number of other
contentious trade issues. However, those talks so far have had only
limited results.
In the new report, the Treasury Department said, ''China needs to
intensify its efforts to rebalance its economy'' by boosting domestic
demand to reduce reliance on imports and also by reforming its financial
system to allow its currency's foreign exchange value to eventually be set
by the markets rather than being controlled by the government.
Deputy Secretary of State John Negroponte faced tough questioning Thursday
on the currency issue during a Senate Foreign Relations Committee hearing
on U.S. relations with China.
Sen. Benjamin Cardin, a Democrat, said he could not understand why the
administration was not taking a tougher approach on the currency issue.
Sen. George Voinovich, a Republican, said his constituents were ''livid''
about the China trade issue. He accused the administration of failing to
get tough with Beijing because the administration wanted Chinese support
for dealing with North Korea over nuclear weapons.
In a speech in Beijing, Commerce Secretary Carlos Gutierrez warned that
Chinese and U.S. officials needed to guard against rising economic
nationalism in both countries, calling it a ''troubling trend'' that
threatened progress on building economic partnerships between the two
countries.
AP Diplomatic Writer Barry Schweid contributed to this report."<<
--
Message posted using http://www.talkaboutaudio.com/group/rec.audio.opinion/
More information at http://www.talkaboutaudio.com/faq.html