The series of Strategic Economic Dialogues that the United States is conducting with China is designed by Treasury Secretary Hank Paulson to dissipate efforts here at home to take strong action against Beijing's mercantilist practices -- rather than to change those practices. Paulson is a man of limited vision (limited to Wall Street and the financial services sector), whose concerns do not encompass the survival of domestic American manufacturing or the geopolitical threat to the United States posed by a rising China. Read more....
Friday, December 21, 2007
The series of Strategic Economic Dialogues that the United States is conducting with China is designed by Treasury Secretary Hank Paulson to dissipate efforts here at home to take strong action against Beijing's mercantilist practices -- rather than to change those practices. Paulson is a man of limited vision (limited to Wall Street and the financial services sector), whose concerns do not encompass the survival of domestic American manufacturing or the geopolitical threat to the United States posed by a rising China. Read more....
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