Category Archives: China
Currency Manipulators
There’s not much daylight between the candidates when it comes to protectionism either. Romney complained about Chinese currency manipulation in the debate. Obama one upped him by bragging …”Now with respect to what we’ve done with China already, U.S. exports have doubled since I came into office, to China and actually currencies are at their most advantageous point for U.S. exporters since 1993″.
Here is James Grant, of Grants Interest Rate Observer, on Bloomberg last August saying the Fed needs to get out of the central planning business.
Udate: Here’s Mary Anastasia O’Grady in Mondays WSJ on Ben Bernanke: Currency Manipulator.
Daylight
Governor Romney followed President Obama’s lead on foreign policy during much of the presidential debate Monday night. The president seemed dismayed by this, especially when Mitt stepped on his toes on the issue of “daylight between the U.S. and Israel”.
I was dismayed to miss Monday Night Football and game 7 of the NLCS.
Peace Prize not Awarded to Empty Suit This Year
The Nobel Prize committee gave someone other than George Bush a kick in the leg this year by honoring dissident Liu Xiaobo with the Peace Prize. China kept him in prison, so the award was presented to an empty chair.
Leaks
The U.S. wants China to play a” responsible role” with North Korea. That may depend on the meaning of “responsible”.
Take a Bow
Well, our president certainly isn’t one to hold a grudge. Within the same week he’s granted constitutional rights to the mastermind of of the worst attack on the U.S. since Pearl Harbor and bowed to the Emperor of Japan. Here’s a link to the LA Times story.
