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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (361503)	12/5/2007 1:32:01 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1574519

I know. China is buying up our assets and hedge funds with the trade deficit dollars they are getting from artificially pegging their currency to our dollar. And the Middle Eastern countries are buying up our assets with the artificially high oil prices caused by their oligopoly. The US needs to smarten up and start fighting the wars that matter: TRADE WARS! Forget Iraq. The US' future doesn't depend on the outcome in Iraq. Our future depends on how well we compete with China and how quickly we get off the oil. If I were president, I'd push for a consortium of US companies, trade groups, and consumer groups to sue OPEC for price fixing through supply controls, and push for US authorities to confiscate or sanction through banking activities to seize money and assets to pay for unfair trade practice from OPEC price controls. I'd also sue China in the WTO or figure some other way to push China VERY hard to let their currency float, not to mention figuring out a way to make China pay for their high level of corporate espionage. We need to start fighting back with trade. Wars with military are costly and ultimately not as effective as all the diplomatic and economic impacts we can bring to bear if we had smart people leading this country.