Have a great weekend, Sir! http://blogs.cfr.org/setser/2009/01...on-chinas-government-for-financing-right-now/
That would be Maverick74... ...here is but a taste of his "right stuff" http://www.elitetrader.com/vb/showthread.php?s=&threadid=22095
Some geniuses on ET think all aliases with a mav in their name are the same person, just as I suppose they must think all Jane Smiths in the phonebook must be one. Oh the intellectual firepower is remarkable...and now Z joins in, how appropriate. let's see, a few off topic irrelevencies brought up, mention of an econ class, a few reassuring chuckles and emoticons,... wait-where's the actual point??
BTW Landis I did some research on you: http://gay.matchmaker.com/mm/gay-personals/saskatchewan-landis.htm Gotcha! I knew it by the gay post style. #82 eh? I bet you're a devil with the boys. Back to the point of tough guy talk. This is sticking to the campaign script, we are still in the image and fluff world used to get elected. We'll see if anything changes. What's amazing about the Obama cultists is that somehow all previous history is forgotten. This issue is about 15 years old and the talk is always the same and the result is always the same. Nothing new, it's just when Mullah Obama says it, the followers act like girls at a Jonas Bros. concert. For people who want to get past that, it was the last democratic president who signed the damn trade deal and crowed about it, so the reality is that nothing will likely come of this tough guy talk. It is for consumption by the masses. http://archives.cnn.com/2000/ALLPOLITICS/stories/10/10/clinton.pntr/ There are plenty of voices within the democratic party that would oppose cracking down on China since neoliberal economics was quite at home with the democrats. Both Hillary and Obama did the 'crackdown threat' as a crass populist maneuver to get elected. Like many such previous campaign dramas, the act will probably fade away when push comes to shove. We are now sitting on a bond bubble, if you upset that apple cart there is nothing to stop depression. Smoot-Hawley like action against China could be the trigger for such an event since at this point in time the only alternative the government seems to think it has is more stimulus on borrowed cash. That far outweighs trade considerations right now and there is no way Hussein will risk it. He'll put it off indefinitely and BuyHi will come here and tell us how intelligently reserved and measured the decision was.
Bush confronted the Chinese several times over the currency, had he been more forceful he probably would be criticized by demo shills as being a cowboy unilateralist. Obama hails himself as a more thoughtful foreign relations president, let's see if his new tough guy in town act is really more thoughtful. Obama shills act like nobody has ever had the stones to negotiate with China over this, well lets see. In 2007: http://www.voanews.com/english/archive/2007-05/2007-05-24-voa61.cfm In 2006: http://news.bbc.co.uk/2/hi/americas/4925704.stm Last year a currency bill was introduced probably like what Mullah Obama is preaching and was supported by communists like Jim Bunning, but an alternative approach a la Bush was supported by such raging conservatives like Charles Schumer. http://thehill.com/business--lobby/labor-firms-target-china-currency-status-2007-03-21.html The point is that what Obama is touting is not new and creative, it would have happened by now if it were clearly the only strategy. BuyHi though has been hypnotised by the Mullah into thinking we have entered a new phase of Camelot and suddenly much smarter people have been elected. Much like Jack Hershey was described in another thread recently.