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Monday, October 3, 2011

CURRENCY WAR COMMENCE!

It seems that our Senate just decided to go to (currency) war with China as they pass legislation to attempt to force the Chinese government to let it's currency inflate to 'create more US Jobs'

Bloomberg Business week Reports


WTF!

How in god's name do legislators STILL THINK they can do anything to create jobs, rather than damage the private sector's ability to recover on its own (HA!).  Until we see a removal of minimum wage laws and union control of labor, there's nothing Congress can do but damage the labor market as a whole, and really REALLY piss china off. 

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Some few of the things I find interesting: