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Politics : IMPEACH GRAY DAVIS!

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To: miraje who wrote (712)8/9/2003 11:28:58 AM
From: Lizzie Tudor  Read Replies (1) of 1641
 
You are barking up the wrong tree on this imho- jobs aren't just leaving california they are leaving the NATION. Now with this deficit we have no leverage against china to float the yuan, which is the only way free market dynamics will work in the US's favor on the export of white collar jobs. We are losing 100K jobs/month right now and this is accelerating. If you really believe what you are saying, that deficits need to be kept in check and strong fiscal policy is required, you have got to question this white house and their reckless (or stupid) behavior, they have the country in a vice. We're screwed. Thats if you really believe in free markets as opposed to taking a partisan jab at any non-republican.

China to tell U.S. to cool yuan criticism--sources

NEW YORK, Aug 8 (Reuters) - Chinese officials plan to tell U.S. Treasury Secretary John Snow they might reconsider the country's hefty buying of Treasuries and U.S. agency debt if Washington doesn't cool its calls for China to revalue the yuan, according to a report this week seen by market sources.

biz.yahoo.com
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