[hedgetrimmer]

It is that China's government, by rejecting free-market fundamentalism, can easily conquer American markets, where protection is now deemed passé.

[hedgetrimmer]

Free trade and China have no place in the same sentence, unless you are talking about what China DOESN'T have.

[Texas Eagle]

Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here....

Fair enough. Just to give us an idea, how do they compare to yours?

[DTogo]

Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here...

Where I stopped reading this biased crap.

[King Prout]

chicom ping

[Echo Talon]

Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here

So Mr. Palast your smarter than all of the Presidents economic advisers I suppose...

[graycamel]

Thought you were a troll until I checked your membership date.... I don't care, I still think you are a troll.

[docman57]

One quick background check on Mr. Palast & the Baltimore Chronicle was all I needed....lovely friends he keeps...Asner, Baldwin, ....nuf said....

[CWOJackson]

Hmmmmm? I wonder how the author's academic record, business experience and government record compares to the Presidents?

[vpintheak]

So this dumb-donkey who wrote this article thinks it is far better for the government to control the economy? A liitle fascist or communist huh? I will bet you that if they could, the Chinese workers would lovre to have some American workers rights. Oh yes the mighty Chinese sweatshops make the ones here in the US look like pre-school. What a load of BS!

[Eva]

Such a well spoken, refined economist, who wouldn't listen to what he has to say. This is sounds the kind of guy you can really trust.

[vannrox]

The author of this article has a very outdated understanding of China. China is far more complex than how he thinks it is. In the June 2005 (Vol 15, No 06)of China Economic Review, there is a great article titled "Taking measure of the Yuan". It is on page 20. I urge anyone interested in the full issues related to China to read this article.

[dila813]

We will all laugh in 1-2 years about this ridiculous article. The Chinese are a super bad debt country.

They spend 1.20+ for every dollar they get.

They know it, it is all about getting dollars.

[USFRIENDINVICTORIA]

"China won't join NAFTA or CAFTA or any of those free-trade clubs. In China, Chinese industry comes first. And it's still, Mssrs. Friedman, the Peoples’ republic. Those Wal-Mart fashion designs called, chillingly, "New Order," are made in factories owned by the PLA, the Chinese Peoples' Liberation Army. "

China has been a member of the World Trade Organization since late 2001. It tried to gain admission for neigh on 20 years prior to being admitted. As part of the WTAO requirements, China drastically lowered tariff and non-tariff barriers to trade. China's strongest growth has occurred since WTO membership.

The economic analysis in this article is less than juvenile -- but, to be fair, economic theory is open to debate. However, even the simplest facts are, well not facts.

[facedown]

Or Milton Friedman. Or Thomas Friedman.

From the sublime to the ridiculous.

[rlmorel]

We're Doomed! Doomed, I tell you!

[TexasTransplant]

Liberals Dream "America Fails"

or

China floats 5% of their Yuan and the Libs Rejoice!

[ThermoNuclearWarrior]

We should only have free trade with free and developed nations.

[hinckley buzzard]

Greg Palast is a college dropout who mostly hacks for Brit sources and advocates some real tinfoil hat stuff about the US when the NY Slimes is hard up for copy. He has no known expertise in economics, or anything else, despite his pretensions of superiority over Nobel prize winning Milton Friedman. This is an interesting piece because it verifies that in the leftwing Media, anyone can get published saying anything, no matter how incompetent, as long as it is antiBush and/or anti-US.