ShareChina on Friday accused the US of protectionist and biased trade policies less than a week before president Barack Obama’s first visit to Beijing.
In a stinging rebuke to Washington, China’s commerce ministry promised to take measures to protect its domestic industry after the US slapped anti-dumping duties on $2.6bn of Chinese steel pipe imports. [...]
Barack Obama's tag archives
China: we “will take steps to protect the interests of our domestic industries”
Nov
The less optimistic view of Treasury’s handling of the crisis
Nov
ShareThe Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read the last post I wrote [...]
The wildly optimistic view of Treasury’s handling of the crisis
Nov
ShareI was reading Kid Dynamite’s account of the recent Treasury – Finance Blogger meeting after having read a bunch of others (see them all in Abnormal Returns’ Nov 4th links). And I was struck by his characterization of the thinking at Treasury in regards to the financial crisis. I want to highlight two points and [...]
Jon Stewart takes on Fox News
Oct
ShareYou judge for yourself: is Jon Stewart right to skewer Fox? Before you decide, listen to the last minute of the segment.
Rosner: Financial Stability Act “single worst not-yet passed piece of legislation”
Oct
ShareJosh Rosner, a Managing Director at Graham Fisher & Company, an independent research for institutional investors in financial service assets, has some pretty strong words for the reform legislation proposed by the Obama Administration and now making its way to Congress. On Bloomberg, he said it favors large too big to fail institutions and hurts [...]
Geithner testifies before Congress on financial reform
Oct
ShareI am listening to Treasury Secretary Tim Geithner answer questions before the House Financial Services Committee and he seems to be talking the talk, but his Administration is not walking the walk.
The bill he is aggressively defending calls for putting a resolution process in place which ostensibly allows the cost of the failure of [...]
Nationalized Citi Mexicana Redux
Oct
ShareBack in March when the US Government felt compelled to bail out out Citigroup, Tracy Alloway over at FT Alphaville noticed a curious thing – Citigroup had effectively been nationalized.
No, they were not seized by government, but Citi was controlled by government. The Feds had 36% of shares outstanding, which in many cases is [...]
Obama: The one phrase he just can’t stop using
Oct
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Barack Obama wins the 2009 Nobel Peace Prize
Oct
ShareVia the Telegraph:
From the moment that President Barack Obama – who has won the Nobel peace prize – entered the Oval Office, he made clear that resolving the conflict in the Middle East would be a key priority of his foreign policy.
His very first phone call was to Mahmoud Abbas, the Palestinian leader, and [...]
SNL skewers Barack Obama
Oct
ShareYou probably have heard about the Saturday Night Live skit poking fun at President Obama for allegedly not leaving a very robust list of accomplishments behind after 9 months in office. So, without further ado, here it is.
NPR says:
"If Saturday Night Live is a barometer of what the left is thinking, then liberal President [...]
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