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Word: unioneering (lookup in dictionary) (lookup stats)
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...thus in theory should help diminish China's massive trade surplus, the U.S. Treasury has never formally cited China for currency manipulation. Doing so under U.S. law would compel the White House to open formal negotiations with China over its currency policy. Trade hawks in Congress, pushed by union allies and some manufacturing lobbies in Washington, have long pined for this. But the Bush Administration resisted, preferring to fold the currency issue into the broader biannual "strategic economic dialogue" (SED) started by former Treasury Secretary Hank Paulson. That less confrontational setting was more likely to produce results on the currency...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

...beyond tougher rhetoric, is the new Administration really likely to get tough with China on trade, as so many union supporters of Obama hope? Unlikely. In fact, it's hard to think of anything business and investors on both sides of the Pacific would welcome less right now than a U.S.-China trade rumble. Both countries are in the midst of serious economic pain, which trade tensions would only worsen. There are enough comparisons with the Great Depression out there already without dredging up the memory of Smoot-Hawley, the 1930 legislation in the U.S. that put a tariff...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

...think clients you represented as an associate are relevant ... I think how you vote is relevant." - On her work as an attorney for Philip Morris, in the Albany Times-Union...

Author: /time Magazine | Title: N.Y. Senator Kirsten Gillibrand | 1/23/2009 | See Source »

...year-old girl, I would listen to my grandmother discuss issues, and she made a lasting impression on me." - On her grandmother, Polly Noonan, a powerful New York State Democrat, in the Albany Times-Union...

Author: /time Magazine | Title: N.Y. Senator Kirsten Gillibrand | 1/23/2009 | See Source »

...child she was loud and talked constantly. She talked so loud we had her hearing tested, but it turned out her hearing was fine and that she just wanted to get her point across." - Polly Rutnik, Gillibrand's mother, in the Albany Times-Union...

Author: /time Magazine | Title: N.Y. Senator Kirsten Gillibrand | 1/23/2009 | See Source »

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