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Clinton, Obama Support Getting Tough on China...

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SaveElmer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-06-07 09:19 PM
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Clinton, Obama Support Getting Tough on China...



Democratic presidential candidates Sens. Hillary Rodham Clinton (N.Y.) and Barack Obama (Ill.) have both signed on as cosponsors of a Senate bill that could punish China for manipulating its currency for a trade advantage.

The endorsements suggest both candidates might take a tougher line on China trade policies than the current administration.

Clinton and Obama signed on to legislation unveiled last month by Senate Finance Committee leaders as well as Sens. Charles Schumer (D-N.Y.) and Lindsey Graham (R-S.C.). The bill would allow higher anti-dumping duties to be imposed on imports from China or any other country found to have a misaligned currency.


http://thehill.com/leading-the-news/clinton-obama-support-getting-tough-on-china-2007-07-06.html


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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-06-07 09:41 PM
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1. it's about time!
Just as plantation slavery once seemed quite acceptable but is now universally recognized to have been evil, so it will be with our blood-trade with China.
We will one day have to explain to our grand-children that it was normal to buy toys for our kids made by darker-skinned children in shackles. "Well, back in ought-seven we all thought we were entitled have more things for less money. That's just the way we thought about things..."


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Hippo_Tron Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-07-07 02:26 AM
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2. I hope this is enforcable
If China keeps manipulating its currency we're going to have some serious problems.
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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-07-07 06:39 AM
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3. they sound like republicans getting into other country affairs we don't need no more of this SHIT!!!
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