Nobody likes to be called a dummy by a dummy.

props to the one senator who voted against trade war with china

http://cantwell.senate.gov/news/record.cfm?id=279895

won't be good for the US, China, or the world.
Permalink economista 
July 29th, 2007 3:07pm
> props

appropriating african american language?
Permalink guess worker 
July 29th, 2007 3:07pm
Her statement is reasonable. The US sells dollars to the Chinese. What the Chinese do with those dollars is their business.
Permalink Practical Economist 
July 29th, 2007 3:24pm
As was pointed out to me a while back in a thread about using cooking oil to power motor vehicles, it's common practice to charge people varying amounts for the same thing depending on the intended use.
Permalink Aaron 
July 29th, 2007 3:38pm
"cantwell" - great name for a politico.
Permalink $-- 
July 29th, 2007 4:43pm
Aaron -- your point?
Permalink Oppenheimer 
July 29th, 2007 4:48pm
Just that if we're going to charge someone more for driving a car with cooking oil than cooking with it, why can't we charge the Chinese more for US dollars if they do things with that money that we didn't originally intend them to do?
Permalink Aaron 
July 29th, 2007 4:57pm
what the law proposes is to 'allow U.S. companies to seek anti-dumping duties on goods from any country that maintains a "fundamentally misaligned" exchange rate after being formally cited by the United States.'
Permalink clairfier 
July 29th, 2007 5:10pm
Who exactly defines the "fundamental misalignment"?  Sounds like someone is getting a bit scared by the slide of the dollar and wants some way to prop it up.
Permalink Aaron 
July 29th, 2007 5:14pm
good Q.
Permalink Oppy 
July 29th, 2007 5:17pm
who defines 'original intent'? the cooking oil things sounds like someone who didn't know wtf they were talking about.
Permalink Send private email pissing me off 
July 29th, 2007 5:26pm
That I don't know what I was talking about?  Or the original thread?  It's around here somewhere.
Permalink Aaron 
July 29th, 2007 5:31pm
lets have it.
Permalink Send private email pissing me off 
July 29th, 2007 5:34pm
I'm looking for it, but the search thing here is less than helpful.
Permalink Aaron 
July 29th, 2007 5:44pm
Huh.  Can't find it, and it's not worth my time, really.  It was about how there was a guy who modified his vehicle to use vegetable oil, and he was getting hit with a fuel tax for the oil he was using.  Knock yourself out looking it up.
Permalink Aaron 
July 29th, 2007 5:56pm
"why can't we charge the Chinese more for US dollars if they do things with that money that we didn't originally intend them"

We can do that if we want. In this situation it's called a tariff. Tariffs would result in WTO sanctions, but I am OK with that.
Permalink Practical Economist 
July 29th, 2007 6:27pm
"It was about how there was a guy who modified his vehicle to use vegetable oil, and he was getting hit with a fuel tax for the oil he was using."

Most federal taxes are like that. When you make moonshine, even for your own personal consumption, the thing they arrest you for is not paying the federal liquor tax.
Permalink Practical Economist 
July 29th, 2007 6:28pm
How does search work again?

how do you make it understand "must include all words"
Permalink JOSer 
July 29th, 2007 6:29pm
Beats me.  If you don't enclose it in quotes, it's an OR.  If you do, it's an exact phrase search.
Permalink Aaron 
July 29th, 2007 6:47pm
What idiot designed that?  google
Permalink google is the way 
July 29th, 2007 6:54pm
Hey, I never bothered to learn AND for Google either.
Permalink Aaron 
July 29th, 2007 7:12pm
+search +term +aaron +whatever
Permalink Send private email Ward 
July 29th, 2007 7:24pm
Oh, THAT.  Ok, that I use all the time.  Brain fart.

That works here, too?  Huh.  Never tried it.
Permalink Aaron 
July 29th, 2007 7:25pm
Nope, it's an OR here. A search of:
+vegetable +tax
yielded a lot of threads, at least one of which had vegetable but not tax in it.

Unfortunate.
Permalink Aaron 
July 29th, 2007 7:28pm
yeah the plus thing doesn't work.

isn't google AND by default?
Permalink Oppy 
July 29th, 2007 7:35pm
>Vice-Premier Wu told a dinner in Washington in May attended by Paulson and Bernanke that the yuan's value was not the cause of the deficit.

>She added that about 85 per cent of China's surplus with the US is from foreign companies exporting products no longer made in the United States, such as shoes.
http://www.chinadaily.com.cn/china/2007-07/28/content_5445216.htm

85%. Wow. That's one huge ass percentage. Those aren't ~Chinese~ companies doing 85% of the exporting from China, those are ~western~ companies - mostly American. Pushing for "trade sanctions" against "Chinese imports" would be sanctions against those Benedict Arnold CEOs who chose to betray American workers by shipping jobs overseas. So, on second thought, shoot the motherfuckers.
Permalink Peter 
July 29th, 2007 7:50pm
Those CEOs and all the stuff made in china is why walmart stuff is so cheap for poor people. 

Competitive advantage.  Let the chinese make shoes and let the US design web sites. 

How would you have it play out?  The US makes shoes and the chinese stay poor forever?

Let me know if there is another alternative.

nationalism is stupid. nearly as stupid as die hard individualism.
Permalink Oppy 
July 29th, 2007 7:53pm
The US's trade deficit flipped over last quarter into the black. Mo' money!
Permalink strawdog soubriquet 
July 29th, 2007 8:03pm
What the fuck are you talking about?  No such event took place.
Permalink Oppy 
July 29th, 2007 9:09pm
i hear shit on npr while working. who knows what I remember.

http://www.npr.org/templates/story/story.php?storyId=11879660

Deficit goes down. Mixed up my velocity and my acceleration. Acceleration has flipped while velocity is still bad.
Permalink strawdog soubriquet 
July 29th, 2007 9:41pm
ok, that's not it either. oh well.
Permalink strawdog soubriquet 
July 29th, 2007 9:42pm
Ah, so while things are still getting worse, they are not getting worse quite as quickly as they used to be.

Wow, if that keeps up, we may eventually get to the point where, while things will still be bad, they will be slowly improving.

Unless, of course, we have a negative jerk that counteracts the recent positive one.

I don't remember what the derivative of jerk is.
Permalink Aaron 
July 29th, 2007 9:45pm
asshole?
Permalink strawdog soubriquet 
July 29th, 2007 9:47pm
> i hear shit on npr while working. who knows what I remember.


Fair enough.
Permalink Oppy 
July 29th, 2007 10:21pm
"products no longer made in the United States, such as shoes"

That's funny. I buy all american made shoes myself. They not only last far longer and look better, but they are less expensive than Chinese shoes.
Permalink Practical Economist 
July 29th, 2007 11:36pm

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