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amborin

(16,631 posts)
Thu Oct 18, 2012, 10:53 AM Oct 2012

Exposing Romney Lie #967: Actually, under Obama, China's Renminbi has STRENGTHENED, not Weakened

http://www.nytimes.com/2012/10/18/world/asia/chinas-renminbi-has-strengthened-during-obamas-term.html?ref=business


in summary:

"....The combination of higher prices and a strengthening currency erased much of the undervaluation that institutions like the International Monetary Fund perceived early in the global financial crisis. The I.M.F. responded three months ago by reclassifying the renminbi to “moderately undervalued” from “substantially undervalued.” ...."
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Exposing Romney Lie #967: Actually, under Obama, China's Renminbi has STRENGTHENED, not Weakened (Original Post) amborin Oct 2012 OP
Do we want a President with an intellectually lazy or inadequate staff? AnnaLee Oct 2012 #1

AnnaLee

(1,040 posts)
1. Do we want a President with an intellectually lazy or inadequate staff?
Thu Oct 18, 2012, 11:03 AM
Oct 2012

It is easy to tell that Romney is intellectually lazy choosing to regurgitate what he heard or read rather than get the facts. When we have a President like this (think Reagan and Bush II), their staff run the show since all information flows through them. Come to think of it - just how stupid is Romney? He allows himself to be ill-advised again and again and again. I guess he doesn't think it matters since FOX and Limbaugh will deliver for him. No need for a show of competence.

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