Thursday, February 15, 2007

JOE DONNELLY: GRILLING FED CHAIR BERNANKE TODAY ON THE HILL

WASHINGTON D.C.--He was on CNBC today, and he was giving Ben Bernanke some good old-fashioned brow-beating...over China's most favored trading-status (enacted with vigorous-support by the Clinton administration) and its impact on American jobs. As a small-business owner, this is probably close to his heart, and I applaud him. He's sure getting a lot of coverage for a freshman representative. Perhaps he's being groomed for something? It's time to end the one-sided trading with China. I don't care how it affects corporations who have cut tens-of-thousands of our jobs. A hit to them isn't going to cost us much, since trickle-down economics is now on the shelf alongside Santa and the Easter Bunny (next-to the flat earth folks).