Bush Administration Continues To Bob On Chinese Apple
The recent refusal by the US to condemn China's blatently unfair currency policy is yet another indication that either they're bribing US officials, or that US officials are simply unwilling to do anything about the Chinese for fear of retaliation from US business interests.By maintaining their currency policy, the Chinese artificially keep the value of the yuan low, making their products dirt cheap in the US, while US products are expensive in China.
Many members of Congress know China is acting wrong, as does the Administration. US businesses and jobs are directly affected by this.
What do we owe to China? Why do we continue to bow to them? Turn off their imports and watch them kowtow.
posted by cookies @ 6:17 AM
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