Another example of the Obama Administration using the yardstick of “fair”.
While talking about guidelines for world exchange-rate policies, Timmy Geitner tells the WSJ, “Right now, there is no established sense of what’s fair”. If that was not bad enough, this admission came during an interview where he discussed his desire to “advance efforts to ‘rebalance’ the world economy so it is less reliant on U.S. consumers”.
“Fair” and “Rebalance” are code words for redistribution of wealth. This has been a singular goal of Obama’s, which he admitted even while he was still campaigning.
And what does he mean about the world economy being “less reliant on U.S. consumers”? This administration’s blatant disdain for America is disturbing. More ulterior motives here, which we need to keep an eye on.