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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (20891)	8/7/2007 8:32:25 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217925

USA declares monetary suicide, and intends to burden its electorates with higher costs on top of the already difficult to bear tax burden, and war obligations ... ... USA senator pleading for lessons of the economic nature and asking for teachings of the monetary sort ... reuters.com Sen. Baucus says Congress to pass China bill Tue Aug 7, 2007 2:31PM EDT BILLINGS, MT (Reuters) - Senator Max Baucus said on Tuesday that Congress will pass currency legislation aimed at easing U.S.-China trade imbalances regardless of whether the Bush administration is able to negotiate any progress on the issue. Speaking to reporters at a jobs forum here, Baucus said he appreciated efforts by U.S. Treasury Secretary Henry Paulson to persuade Beijing to allow its yuan currency to appreciate in value, but said those efforts were not enough. "No country out of the goodness of its heart ever lowers a trade barrier, ever," Baucus said. "We in the Congress have to help China do what it knows it should do," he said. © Reuters 2006. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.