Thursday, May 24, 2007
Madam Wu and Charlie Rangel
Talk about culture shock. Bloomberg reports on Vice Premier Wu's visit to Capital Hill. One can only imagine the scene. Smart move by Paulson to subject the Chinese leaders to our illustrious legislators. We have to listen to these blowhards everday on the news, why shouldn't the Chinese get a taste of it too? Tomorrow she gets the treat of meeting with Senator Grassley of Iowa. Yes, in addition to ethanol, his other interest is the level of the Yuan. Well, it's all rather depressing but maybe this is what it takes to both sides to get their act together.