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To: TobagoJack who wrote (259555)9/9/2003 12:34:56 PM
From: Andy Thomas  Read Replies (2) | Respond to of 436258
 
--Some folks in Congress are introducing bill to sanction China for currency manipulation;0)--

is that a bit of 'do as i say, not as i do?'



To: TobagoJack who wrote (259555)9/9/2003 8:53:40 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 436258
 
The USD collapsed as a result of the proposed legislation.

In all fairness the US could and should impose duty taxes on imports from SE Asia. The net result will be more money in the treasury coffers to trim the budget deficit.

China has the well being of it's citizen at their hearth but so should the US administration ...... and it is called JOBS.

Finally the FED will be happy as we may witness some inflation and gold will go trough the roof