Why does the US Congress think it can tell China how to value it’s currency? Makes absolutely no sense.
I hope our elected Bozos keep us out of a trade war.
Congressmen should be forced to take a course in business negotiation.
China has said time and time and time again that its
intention eventually is to have a freely floating
currency, for it understands fully that one of the basic
hallmarks of a first tier nation that can move on the
highest stage of international trade and influence is to
have a freely floating currency. But Beijing has made it
very, very clear that it shall do so when it serves
China’s best interests and not a moment before.
Geithner’s comments yesterday that China should
move to a free float “as quickly as possible’ has only
served to delay that situation longer.
oh for fuck sake, this cant be true is it?
“Can we get a Facebook group going around this, akin to the one that got Betty White launched into the hosting spotlight on SNL? Because it would be amazing to see Bill Murray in something called “Jurassic Park Slope”—a film which, yes, promises to combine both the Brooklyn neighborhood and dinosaurs. While Miss Heather spotted this flyer at Urban Rustic in Williamsburg, we’re hoping the people behind it also hit up Roebling Tea Room (where Murray’s son is the chef), and just for good measure, some Brooklyn house parties.”
Uniqlo is a pretty good store. I bought a bunch of single colored shirts there that are pretty good quality and about 4 times as cheap as American Apperal.
Graham Says China Yuan Measure Has ‘Huge’ Support in Congress
June 11 (Bloomberg) — U.S. Senator Lindsey Graham said legislation aimed at getting China to raise the value of its currency has “huge†support in Congress, and President Barack Obama “runs the risk†of being overridden if he vetoes it.
“The frustrations with China’s trade practices are growing by the moment,†Graham, a South Carolina Republican, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,†airing this weekend.
He called the measure a “test†of the administration because Obama “campaigned that he would stand up to China currency manipulation.†Graham has joined Senator Charles Schumer, a New York Democrat, in sponsoring legislation targeting China’s yuan.
“Congressmen should be forced to take a course in business negotiation.”
How about basic intelligence, first.
http://www.youtube.com/watch?v=mOTDsPiK12o
Britain vs. The US. Deja Vu all over again.
Why does the US Congress think it can tell China how to value it’s currency? Makes absolutely no sense.
I hope our elected Bozos keep us out of a trade war.
Congressmen should be forced to take a course in business negotiation.
China has said time and time and time again that its
intention eventually is to have a freely floating
currency, for it understands fully that one of the basic
hallmarks of a first tier nation that can move on the
highest stage of international trade and influence is to
have a freely floating currency. But Beijing has made it
very, very clear that it shall do so when it serves
China’s best interests and not a moment before.
Geithner’s comments yesterday that China should
move to a free float “as quickly as possible’ has only
served to delay that situation longer.
wow Dave, VERY STUPID to do that. China wont do it. Only going to hurt them as well as consumers here in the US.
Kens, that guy returned my email about the cottage but said to call him. No info yet.
oh for fuck sake, this cant be true is it?
“Can we get a Facebook group going around this, akin to the one that got Betty White launched into the hosting spotlight on SNL? Because it would be amazing to see Bill Murray in something called “Jurassic Park Slope”—a film which, yes, promises to combine both the Brooklyn neighborhood and dinosaurs. While Miss Heather spotted this flyer at Urban Rustic in Williamsburg, we’re hoping the people behind it also hit up Roebling Tea Room (where Murray’s son is the chef), and just for good measure, some Brooklyn house parties.”
*rob*
Uniqlo is a pretty good store. I bought a bunch of single colored shirts there that are pretty good quality and about 4 times as cheap as American Apperal.
Graham Says China Yuan Measure Has ‘Huge’ Support in Congress
June 11 (Bloomberg) — U.S. Senator Lindsey Graham said legislation aimed at getting China to raise the value of its currency has “huge†support in Congress, and President Barack Obama “runs the risk†of being overridden if he vetoes it.
“The frustrations with China’s trade practices are growing by the moment,†Graham, a South Carolina Republican, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,†airing this weekend.
He called the measure a “test†of the administration because Obama “campaigned that he would stand up to China currency manipulation.†Graham has joined Senator Charles Schumer, a New York Democrat, in sponsoring legislation targeting China’s yuan.
STUPID, STUPID, STUPID, STUPID
Uniqlo is owned by Fast Retailing (9983 JP)