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Re: The Rainmaker post# 22939

Wednesday, 05/12/2010 1:28:03 PM

Wednesday, May 12, 2010 1:28:03 PM

Post# of 49606
TDGI: Preliminary drafting of a bill is being coordinated with legislative staffers representing two Democratic Senators and two Republican Senators, reflecting the non-partisan nature of the action. A target date of mid-June has been set for the official presentation of the bill and the announcement of the principal Senators supporting the measure.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50077720

When that bill is officially announced everyone will care. CNBC will run stories about it, NY Times will write editorials about it. This is a very big hot button subject.

It comes down to Protectionism and China artificially keeping their currency too low. This in turn produces a huge trade deficit for our Country and is part of how we find ourselves in this mess as a Nation.

On the flip side protectionism is looked on historically as one of the factors that made the Great Depression worse and last longer.

Everyone will have to buy and read a copy of Barr's book who engages in this debate. Every Senator, Congressman, journalist who covers this story. In all likelihood Obama will be reading a copy of the book as well.

This is a story with legs that Eric is crafting and could alter how we do things as a Nation.

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