Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (73320)	5/18/2005 12:29:43 AM
From: Jamey	Respond to of 89467

Currency manipulation? The FED ought to know! Make the Chinooks mad and watch how fast they can crash our currency. This administration is a time bomb in the making. "The Chinese central bank bought more than $250 billion in dollar-denominated securities over the last year and now holds more than $600 billion, according to recent estimates. The Treasury's report Tuesday did not satisfy critics in Washington. "The Bush administration is in serious denial with its claim today that China is not manipulating its currency," said Representative Benjamin L. Cardin of Maryland, the ranking Democrat on the House subcommittee on trade. "In denying currency manipulation by the Chinese, the administration has turned a blind eye to American workers and businesses that are being seriously hurt by China's policies." nytimes.com