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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: redfish who wrote (30248)	4/8/2005 1:50:28 PM
From: NOW	Read Replies (1) \| Respond to of 110194

well lookey here:"In the House of Representatives, Duncan Hunter, the powerful Republican chairman of the armed services committee, on Thursday also introduced legislation that would define currency manipulation by a foreign government as an export subsidy. This could then allow the US to offset the subsidy by imposing duties on imports."

To: redfish who wrote (30248)	4/8/2005 2:46:47 PM
From: regli	Read Replies (1) \| Respond to of 110194

"Imo WMT won't let them get away with that. WMT is China's 8th largest trading partner and is also very generous to politicians so expect the whole thing is a charade." This might snowball into something that no lobby can control as it is a surefire way to garner votes. The recipe is simple, find a target group that embodies the frustrations of a significant voting block. Then associate more and more negativity/evil with that group and propose a simple solution. Result: Great exposure and significantly increased popularity. Examples: War propaganda against Germany WW1, Hitler and the Jews, CA prop 187, etc., etc. Once the ball gets rolling it will be very difficult to stop. This sentence from the Bastiat article, referenced by Heinz, explains it very well: "Yes, we must admit that our opponents in this argument have a marked advantage over us. They need only a few words to set forth a half-truth; whereas, in order to show that it is a half-truth, we have to resort to long and arid dissertations."