Webster Tarpley : US and UK want to sabotage China economy

It is election year demagogy by a bunch of banckrupt law makers who are trying to blame US depression on the Chinese says economist Webster Tarpley

Economic tension between America and China could get even worse thanks to a draft bill going through the U.S. senate. If passed, the legislation would mean penalties being imposed on China if it fails to revalue its currency. But American author Webster Tarpley says America is just trying to sabotage the strength of China's growing economy.
The US senate wants to level the playing field with China as they introduce a new bill aimed at controlling foreign currencies. The senate introduced legislation today that condemns currency manipulation by foreign governments as an unfair subsidy and would slap those governments with US trade restrictions.