Just watched Geithner on an interview on CNBC talking about China and how the Administration has been "very aggressive" (his exact words) in protecting the interests of American companies.
Absent, however, was any mention of protecting the interests of American consumers.
So, companies have benefitted--a lot--in terms of much higher profits, but consumers have been the big losers as prices have increased and jobs have been cut.
Don't ever let someone tell you we've done away with welfare in America, because we haven't...we've just taken it away from the truly needy and given it big corporations and the rich in the form of policies that not only protect their interests, but give them direct government handouts.
