Saturday, February 14, 2009

G7 pledges to avoid protectionism , BBC News

How dare the US Congress include a "buy American" clause in their 787 billion FRN stimulus package. Don't they care about putting Chinese communist slave workers out of work? Well, we don't need to worry about these "outdated" protectionist measures, because

".. in a statement after the meeting, new US Treasury Secretary Timothy Geithner dismissed such concerns.

"All countries need to sustain a commitment to open trade and investment policies which are essential to economic growth and prosperity," he said.

http://news.bbc.co.uk/2/hi/business/7889222.stm

1 comment:

P. Barnes said...

I knew that wouldn't last long but, they had to put it out there in order to publicly shoot down any outrageous concepts like "buy American."