China vs. Obama

By -
Obama and his administration's first steps have been to close Guantanamo (a dubious decision), and antagonize China. The antagonizing China is what I think matters more.

They have stated that China is manipulating its currency. Well no shit. Of course it is. The Bush administration (with their idiotic cheap dollar policy) never accused China of manipulation, and with good reason. The implicit agreement was that China bought US debt, and we bought cheap Chinese products.

Antagonizing China is not the way to go right now, as US debt is already looking a little dubious--Trillion dollar debt, each year for the next few years?--I personally think it is a dumb decision.

Comments

Post a Comment

Popular posts from this blog

Top 10 Ways to Not Suck at Driving

By -
Image
There are a lot of shitty drivers out there. Actually, most people are shitty drivers. They don't really know anything about cars, about driving, about limits of adhesion, how to react when things go badly, or what snow does to your ability to drive. In fact, most people think that driving slowly, regardless of what lane you are in, whether you are merging onto a highway or holding up 50 cars behind you, means "being a good driver." Just because you have spent many years driving in the left lane at 65mph does not make you a good driver, in fact, just the opposite. A good driver means you know how to drive, not that you have gotten lucky or simply average for the past 10 years. Personally, I would love to see a class in high school devoted to driving. I think it could be fun and informative while greatly reducing the number of accidents (especially fatal ones) on the roads every year. Right now, the driving exam is basically a joke, it means that you know what the pedals...
Read more