White House: Give Industry Greater Voice

[chcr]

37 minutes ago

By MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON - The Bush administration is proposing a new presidential council to give U.S. companies a greater voice in government decisions, industry and government officials said Thursday.

Manufacturing companies and the unions that represent their employees have focused much of their attention on America's soaring trade deficits. In particular, they cite the imbalance with China, which hit a record of $103 billion in 2002 and was on track to top that for 2003.

The administration is pressuring China to end the linkage with the dollar and allow the value of the yuan to be set by market forces. The Chinese government has resisted, saying it cannot afford to allow the yuan to float freely at the current time because of the threat that could pose to the country's fragile banking system.

I'll be interested in seeing more information on this one. Surely they aren't looking to collapse the Chinese economy?

 

[Squiggy]

Why don't they just assign us as slaves to corporations and be done with it?

 

[Gato_Solo]

This is, IMO, a big mistake. Doesn't he remember 'Of the people, by the people, and FOR the people? This looks like the beginning of a bad science-fiction novel...

 

[chcr]

This is, IMO, a big mistake. Doesn't he remember 'Of the people, by the people, and FOR the people? This looks like the beginning of a bad science-fiction novel...

Ever read "Revolt in 2100" by Robert Heinlein? I fear something similar has already begun.

 

[freako104]

what is it about and who wrote it? this may be a little off topic but I am more worried 1984 is coming to frutition. but not as bad IRL as in the book

 

[chcr]

what is it about and who wrote it? this may be a little off topic but I am more worried 1984 is coming to frutition. but not as bad IRL as in the book

Ever read "Revolt in 2100" by Robert Heinlein? I fear something similar has already begun.

About the religious right taking control of the country. (Actually about the revolution that overthrowas them.)

 

[freako104]

sounds like an intresting read

 

[chcr]

sounds like an intresting read

It's not really that good compared to some of his other work, but it's scary when you look at our country the way it is now.

 

[freako104]

hence my post about 1984.