March 28, 2006
Does this signal defeat for Senate bill 295? Or a postponement until time for frothy pandering before election polls later this year?
March 27, 2006
Suspense Builds On Schumer-Graham
Various reports appear to reveal a rift with Schumer favoring a delay on the vote (Tresasury's line on currency manipulation might come out in April and Chinese President Hu Jintao makes an official Washington visit April 20) and Graham whose primary interest in the matter is directed by his state's textile industry generally and Mt. Vernon Mills specifically which is a primary contributer to Graham as is the owner of the mill, Dr. and ordained Baptist Minister Robert (Bob) Pamplin of Oregon.
March 20, 2006
Smoot-Hawley, Meet Schumer-Graham
The China blame game looks to be THE theme for the remainder of the 109th Congress and is bipartisan all the way. Opportunistic politicians include plenty of Dems (Schumer, Sherrod Brown, the usual labor supporters) and plenty of Republicans (Graham, the OC (California) crowd - Duncan Hunter, Dana Rohrabacher, lots of Texans and so on). Sadly, the American people are an easy audience as most, even the Iraq war opponents, believe the nation's problems are not homegrown but imported from Beijing.
March 02, 2006
UPDATE on Don Keyser Sentencing
If Anybody knows what's going on with the delay (I assume the delay is just defense lawyer tactic to put as much time between the act(s), guilty plea, and ultimate payback as possible) please email me as I'm following the case.
March 01, 2006
Perhaps this is why --per BushCo decree-- the US government will no longer report M3 statistics starting next week. M3 represents the growth of the money supply. Without M3 figures the official inflation rate becomes even more deliberately understated. And maybe this is why the Fed this week asked Wall Street to create NewBank in case there is a financial crisis and the two big banks that clear a trillion plus dollars a day for the Treasury Department can't handle things?
Don't forget the new oil bourse -- quoted in Euros -- set up Iran the other day.
Meanwhile Nigeria Falls To China
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