on the trade situation with China? Not that's it's the most important factor on who I'm going to consider voting for, but I personally hold high belief that the situation with China is out of fucking control. I think you should all know what I mean when I say that, so further elaboration is unnecessary.

Highly considering voting for McCain, but not if he in any way wants to justify the way the US does business with fucking China...

6/20/2008 4:43:30 PM

I've really only heard Clinton and Obama railing against CAFTA/NAFTA, China isn't mentioned too much by either party.


However I found this (http://www.presidential-candidates.org/compare-presidential-candidates-china.php) :

Quote :

"John McCain policy on China • McCain called China's economic boom a concern. • He believes that the current rise of China and Russia warrant a stronger US military. Barack Obama policy on China • He wants to enforce all standing trade agreements with China. • Obama advocates reducing the amount of US debt held by Beijing. • He has threatens to take China 'to the mat' if it is found to be manipulating the value of its currency. "

6/20/2008 4:54:00 PM

"Enforce," huh?

Fuck that.

6/20/2008 5:01:13 PM

^^Re: Obama's stance, of course China is manipulating it's currency. Was there ever any question about that?

The problem comes in what to do about it. We are heavily reliant on Chinese investment in order to keep inflation low. They are one of our biggest trade partners, and own hundreds of billions in T-bills. A trade war would be disasterous.

Basically, China's got us by the balls right now. Of course, we are by far their biggest customer so we hold a good amount of leverage on them as well.

[Edited on June 20, 2008 at 5:02 PM. Reason : 2]

6/20/2008 5:02:06 PM

I'm so sick and fucking tired of everything you see saying "made in china" on it

(and yes I'm actually trying to go out of my way to avoid that)

6/20/2008 5:09:44 PM

^exactly.

6/20/2008 5:10:45 PM