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China Currency Hearing

This morning I watched a live webcast of a Senate hearing, titled, Senate Banking Subcommittee on Economic Policy to Examine Effect of China Currency Practices on American Manufacturing. The details of the hearing as well as an archive of the webcast are available at...

The President Has Spoken. Now Let's Help Him Act.

If you've ever wondered what the phrase "the sound of silence" means, you should've been listening when the President invited "the titans of industry" to join him in promoting financial reform this morning. The President's speech walked a fine line between vision and...

Make Congress Live Up To Obama's Reforms

President Barack Obama identified five major problems on Wall Street in his speech at Cooper Union today. Unfortunately, the solutions he has proposed to these problems either will not work, or are not included in the legislation that passed the Senate Banking...

On "Crazy Chicken Lady" Conservatism

It's come to this. Conservative thought has degenerated to the "Crazy Chicken Lady" school of reform. I kid you not. Meet Nevada's GOP candidate, Sue Lowden — a/k/a "The Crazy Chicken Lady." This is at least a few days old by now, but that she's actually...

China v. US Workers: China is winning

Today the Senate Banking Committee is holding a hearing to examine “the impact of China’s exchange rate practices on U.S. manufacturing” Many experts will testify. I offer some pictures that might help. 1. Is China manipulating its currency? Yes: Source: Yuan. Broad...

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