To: curlewbird
or any other ag commodity producers should be jumping up and down cheering and cheerleading the call for China to float its currency.Not only that, but they should most definately be THE force behind having China's butt live up to what its mouth agreed to in joining the WTO.
To: maui_hawaii
I understand that and I think they would be the first in line, however, the farm economy is just finally starting to recover from about five years or poor markets (it was only a year and a half ago that beans were trading around 4.00 per bushel, now they are over 7.00) and the farmers are starting to perk up. If anything happens to totally tank that market and we lose them as a trading partner,no matter how bad they are to deal with, the farmers will blame the President. Remember, that we only have a small window of opportunity to sell our product until South America's production will be coming out of the field and then Asia can turn to them. The other thing I think we need to do is turn the heat up on Europe and get them to open up the markets to our farm commodities as well, then we won't have to rely on China. I think we need to do that FIRST, so if China does stop buying, we still have outlets for our ag commodities. Once again, we need to enforce free trade rules, but we had better do it very carefully! BTW - I lived in Hawaii with my husband when he was in the Navy! Absolutely loved it! Can't wait to come back!
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