Wednesday, November 14, 2007

Quote of the Week


"(Treasury) Secretary (Henry) Paulson has given China the same old speech yet again, urging it to reform without laying out the specifics of what is required. Right now, China subsidizes its exports to the United States, the Americans do nothing, so why should the Chinese change? We're practicing a policy of appeasement towards China."

-Henry Morici, University of Maryland, as shown on Lou Dobbs Tonight, 11/12/07

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