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Is the new president a protectionist?
The Observer ^ | 1-24-09 | Heather Stewart

Posted on 01/24/2009 11:09:51 PM PST by Nachum

Stoking a trade war with Beijing might seem odd behaviour for a senior presidential appointee, especially one struggling to explain why he has failed to pay his tax bills; but when Tim Geithner, Barack Obama's nominee for treasury secretary, branded China a "currency manipulator," last week, it sparked fears that long-simmering tensions between two of the world's most powerful economies could burst into a full-blown conflict.

Frustrated US senators have long demanded a crackdown on China, which has catapulted itself into the economic major league by selling billions of dollars of cut-price goods to western consumers. As the American economy feels the full blast of the credit crunch, politicians are looking for someone to blame.

(Excerpt) Read more at guardian.co.uk ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bho44; bhotrade; president; protectionist
The pile of Obamadung gets deeper....
1 posted on 01/24/2009 11:09:51 PM PST by Nachum
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To: Nachum

Obama is a no class, no talent ego driven thug. In other words, a zero, a nothing, zip, nada. He has lied to the public from day one.


2 posted on 01/24/2009 11:41:07 PM PST by freekitty (Give me back my conservative vote.)
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To: Nachum

If Obama starts a trade war with China, its because the Chinese didn’t pony up enough money to his election campaign. The Zero administration is going to be strictly pay-for-play. It’s the Chicago way, you know.


3 posted on 01/25/2009 1:44:19 AM PST by Ticonderoga34 (A Community Organizer is the 21st century version of a Ward Heeler.)
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To: Nachum

http://pub29.bravenet.com/forum/2442810129/show/967156

Plains Radio Network

Obama has NPD!!!!

Criteria for Narcissistic Personality Disorder to be diagnosed include:

1.
Having an exaggerated sense of self-importance
2.
Being preoccupied with fantasies about success, power or beauty
3.
Believing that you are special and can associate only with equally special people
4.
Requiring constant admiration
5.
Having a sense of entitlement
6.
Taking advantage of others
7.
Inability to recognize needs and feelings of others
8.
Being envious of others
9.
Behaving in an arrogant or haughty manner

There’s no doubt the usurper has narcissistic personality disorder.


4 posted on 01/25/2009 1:56:25 AM PST by Eye of Unk (How strangely will the Tools of a Tyrant pervert the plain Meaning of Words! SA)
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To: Nachum
Frustrated US senators have long demanded a crackdown on China, which has catapulted itself into the economic major league by selling billions of dollars of cut-price goods to western consumers.
Well, "Frustrated US senators" go have sex with a hooker and get un-frustrated.

When I can by a Made In China guitar for under $200.00 and the same US Made model costs $3,000.00 guess what I'm gonna do. Now I didn't know it was MIC until I got it home. But I don't care. For my needs it plays and sounds great.

(and NO its NOT Fender© guitars I'm speaking off)

5 posted on 01/25/2009 6:42:10 AM PST by Condor51 (The difference between stupidity and genius is that genius has its limits)
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