Leader Pelosi: We Need To Pass the Currency Reform for Fair Trade Act

[alp227]

Run time: 01:40 https://www.youtube.com/watch?v=kG1oMxrzslc   Posted on YouTube: September 23, 2011 By YouTube Member: NancyPelosi Views on YouTube: 7420   Posted on DU: October 04, 2011 By DU Member: alp227 Views on DU: 654

 
Leader Pelosi answering the YouTube Town Hall Question:
China is abusing the entire world, including America. Why don't we change Free Trade to Fair Free Trade where China would have to buy at least as much US products as they are bringing to the US from China?

To view the YouTube Town Hall debate, visit: http://www.YouTube.com/YTTownHall.

China's currency manipulation has reduced American exports, caused the loss of U.S. manufacturing jobs, and significantly contributed to our large trade deficit with China. If China allowed its currency to respond to market forces, it could create a million U.S. manufacturing jobs and cut our trade deficit with China by $100 billion a year, with no cost to the U.S. treasury.

To find out if your Member of Congress has signed the discharge petition to force a vote on legislation addressing China's currency manipulation visit:
http://clerk.house.gov/112/lrc/pd/petitions/DisPet0001.xml

(The like/dislike ratio on Youtube: 24 to 163, must've been targeted by conservative or Chinese blogs)

[ixion]

1. Fair Trade is good, however

Pelosi is part of the larger problem.