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


To: tejek who wrote (749881)10/28/2013 12:30:14 AM
From: i-node7 Recommendations

Recommended By
Brumar89
FJB
jlallen
PKRBKR
steve harris

and 2 more members

  Read Replies (2) | Respond to of 1574631
 
>> Reagan was a president who did more harm than good.

Yeah, ending the Cold War/nuclear proliferation and bringing the economy back from the near-death experience of the Carter years was very, very harmful.



To: tejek who wrote (749881)10/28/2013 9:54:41 AM
From: Brumar893 Recommendations

Recommended By
FJB
TideGlider
tonto

  Respond to of 1574631
 
60 Minutes confirms Benghazi is a real scandal, and you’ve been lied to. “…the heart of the report is that there were clear and unequivocal warnings which were ignored, and the Obama administration lied about these warnings after the attack.” Too late to deselect Obozo and everyone knows Congress wouldn’t dare impeach him. Is this CBS’s way of saying “No mas Clintons

ihatethemedia.com



To: tejek who wrote (749881)10/28/2013 3:41:55 PM
From: longnshort2 Recommendations

Recommended By
FJB
TideGlider

  Respond to of 1574631
 
NBC Frets: Nobel-Prize-Winning 'Rock Star' Obama Now 'Subject of Europe's Scorn' 8 mrc


so much for everyone's gonna love us. The europeans miss Bush



To: tejek who wrote (749881)10/30/2013 7:49:07 PM
From: RetiredNow1 Recommendation

Recommended By
Tenchusatsu

  Read Replies (2) | Respond to of 1574631
 
Meanwhile, the Obama Administration at the height of it's own hypocrisy decides to take China to task for currency manipulation. Those assholes in the Obama Admin. have no right to call China a currency manipulator when the US Fed has printed $3.8 trillion in new money in the last 4 years.

Let's face the fact that Obama is a hypocrite and a liar. It's time to get another President that lives by the values this country holds dear, codified in the Constitution.

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U.S. expresses new concern about China’s forex policy

By Greg Robb, MarketWatch

WASHINGTON (MarketWatch) — The Obama administration on Wednesday again declined to name China a currency manipulator, but ramped up its concern that the country has resumed intervention to keep its currency from strengthening.

In its semiannual report on exchange-rate policies, the Treasury Department said that China’s currency is appreciating, “but not as fast or by as much as is needed.”

Concern over the weak Chinese currency was a fixture of both Democratic and Republican administrations over the past two decades. Many American manufacturers complained that the weak currency was giving Chinese exports a competitive advantage.

Pressure eased in recent years as a slowdown in China and the financial crisis in the euro area lowered capital inflows into the Asian economy and official intervention declined.

China’s current account surplus fell from over 10% at its peak to 2.5% today. From June 2010, when China ended the yuan’s peg to the dollar, the currency has appreciated by 16% in inflation-adjusted terms. But now Chinese officials have resumed intervention on a “large scale,” the Treasury said.

“The evidence that China has resumed large-scale purchases of foreign exchange this year despite having accumulated $3.6 trillion in reserves, which are more than sufficient by any measure, is suggestive of actions that are impeding market determination and a currency that is significantly undervalued,” the report concluded.

The department said it would “carefully monitor” the pace of the yuan’s appreciation.


China was not the only country taken to task. The report also urged Germany to take steps to boost domestic demand and shrink its current account surplus, noting that Germany’s policies have led to a “deflationary bias for the euro area, as well as for the world economy.”