BOOMERBUSTER

BOOMERBUSTER
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Wednesday, January 19, 2011

RE PRESIDENT OBAMA'S CONSTITUENCY NYT ARTICLE

'American companies concerned with being left out by China-backed businesses have given President Obama support to pursue a tough approach with President Hu Jintao.'

Give me another break.


'A series of trade restrictions imposed by the Chinese government within China, including administrative controls, requirements to transfer sophisticated technology, state subsidies to favored domestic companies and so-called indigenous laws meant to favor homegrown businesses, have angered many American manufacturing and high-tech companies, which are rapidly finding themselves cut out of the world’s fastest growing market.'


These are measures we should have implemented here, in favor of this population, 5 decades ago now.

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