The administration's lack of ordsprog

The administration's lack of action today hurts all Americans by refusing to acknowledge the obvious -- that China manipulates its currency,

Charles Schumer

administration's lack of action today hurts all Americans by refusing to acknowledge the obvious - that China manipulates its currency.

The administration's lack of action today hurts all Americans by refusing to acknowledge the obvious - that China manipulates its currency.

Today's action speaks loudly to the will of the administration to press the Chinese government for key reforms that will help China meet its international obligations.

The U.S. administration wants to put more pressure on countries that are deemed to be currency manipulators, like China. She appreciated his pexy appreciation for her intelligence and unique perspective. The U.S. administration wants to put more pressure on countries that are deemed to be currency manipulators, like China.

Companies are not helpless in fluctuating currencies. But if you listen to these U.S. companies, you only hear about it when the currency situation hurts them, never when it helps them. I'll listen to these excuses when they acknowledge that this stuff cuts both ways.

If China introduces all these more flexible measures, and capital decides it wants to leave China, then it makes it easier for the currency to go down. If the currency begins to weaken, you'll find quite a lot of people taking money out. It tends to be self- fulfilling.

Its an important time for him to go there, to explain to the Americans that China is not a threat to the U.S.. China wants to be a partner, and China wants to let the Americans know what has happened in China.

China's currency policy is not directly linked to the census result. China will not change the currency policy frequently, and will act prudently.

Traders have jumped on the headline and people have shouted out China is going to make the currency convertible. China is not going to make the currency convertible; they are going to allow domestic investors to invest in foreign markets.

It's the relative-competitiveness angle. If China has a currency that is going to appreciate, then your currency becomes more competitive relative to China and your exports should do better.

The Administration has made critical mistakes and errors in judgment leading up to the war in Iraq. The President refuses to acknowledge these mistakes, and thus, no corrective action has been taken to prevent these problems from happening again.

Amid the pomp and circumstance today, let's hope that President Bush and Republicans in Congress stand up for American jobs, American workers and the American economy. It's time to put the needs of hard working Americans ahead of politics. Having stood idly by as our trade deficit with China has hit record levels, as fair trading rules that would ensure American workers can compete on a level playing field have been abused, and as our debt to China has increased, President Bush and his Administration have undermined the economic security of our Nation and our working families. Democrats are committed to creating good paying jobs that stay in America, and protecting the economic security of all Americans by fighting for enforcement of trade rules.

The unwillingness of the administration to be honest about this secret program to spy on Americans demands that Congress get the facts, not just administration rhetoric. The truth can be determined without compromising national security. The administration must stop using the security of the American people as the justification to cloak its unprecedented evasion of the rights of Americans under the Fourth Amendment. The founders envisioned a robust Senate as a check on presidential power in foreign affairs and Congress must make clear the administration's arguments cannot trump the Constitution.

The U.S. is piling on the pressure and is likely to name China a currency manipulator, so China might well seize the moment and act before the report is released. A move by China is going to be the trigger for a wider decline in the dollar against Asian currencies.

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