Friday, March 16, 2007

A Very Terrible Idea...

Congressmen Artur Davis (D-AL) and Phil English (R-PA) are cosponsoring a China bashing protectionist bill called the “Nonmarket Economy Trade Remedy Act of 2007.”

This bill would set up “countervailing duties.”

If this thing ever passes the House and Senate, it would easily knock a thousand points off the Dow.