U.S. House of Representatives 348, China 79

The House of Representatives voted 348-79 to to penalize China's foreign-exchange practices of fixing the Yuan to the USD in order to gain an unfair advantage in the export trade. Now the members of the House can have the rest of the month off so that they can go back to their home turf to campaign for re-election. They will point out to their constituents and say see, see, what I did, I'm protecting American jobs. This is purely a political move because the Senate will not vote on this until after the November elections. Besides do they really want to start a trade war with China? I guess last week's message by the Chinese hasn't sunk in yet. America should ask Japan how they felt when China stopped exporting critical rare earth metals to Japan after a little spat between the two countries. Read "Japan over a barrel when it comes to rare earth metals" here.