Administration declines to cite China on currency
AP
WASHINGTON -The Obama administration declined Thursday to cite China for manipulating its currency to gain unfair trade advantages against the United States.
But the administration did conclude that the Chinese currency is undervalued against the dollar, in a report that it is required to send Congress.
The report noted that China on June 19 announced it was introducing more flexibility into its currency system. After showing no movement against the dollar since mid-2008, the Chinese renminbi, also called the yuan, has risen about 0.8 percent against the dollar since Beijing's June announcement.
Gibbs Evades Question of Whether Obama Agrees With His Medicare Director That Health-Care System Must Redistribute WealthThursday, July 08, 2010
By Fred Lucas, Staff Writer
White House press secretary Robert Gibbs (AP Photo)
“Excellent health care is by definition redistributional,” Berwick said in a speech delivered on July 1, 2008.
Kliphnote: Talk Policy not personalty's.
This is an representative democracy.
Should we vote on a tax increase to pay for
health care and reduce the national debt?
If you answer "yes", what do I get from more
taxes? NOTHING!
The democrats and Obama have cut $500 billion from Medicare.
My pay has been taxed at about
three percent(3%) to pay for Medicare.
But no cut in Medicaid.
New York State has a gold plated Medicaid program.
The best and most costly in the nation.
Most of the people on Medicaid pay NO taxes.
Lets not talk policy, let talk personalty's. OMG!
Get real!!Not a week goes by that I don't say "WTF"!
Obama won't criticize China, but he will criticize Israel.
Obama won't criticize the Black Panthers, but he will
criticize the Tea Party. WTF!I can hear the Obama lovers now.
Obama can do no wrong, he is the best ever! Blame it on Bush, Obama is never wrong.
We love him no matter what he does. Blame it on Palin.
Everything Obama does is right. Blame it on the GOP.
WTF!
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