7/01/2005


THE LOUD AND OVERBEARING LARRY KUDLOW GETS BITCH SLAPPED

For those of you who care about the Congressional threats being made to China over floating their currency, Cato has a real good take. Schumer, normally an asshole, bitch slapped the impossibly opinionated Larry Kudlow over the issue yesterday. I'll add his comments if I can find them. OK, here's some of his views, which are well worth considering. Then there is this POV from the Business community opposing Schumer for different reasons. Many are of the opinion that the yuan is deliberately undervalued by a whopping 40%.