More on Obama's hypocrisy. Using international law when its convenient and flouting it when it's not shouldn't be surprising. This is exactly what rulers do with the Constitution and US law.
NSA may spark trade war with China.
"The director of the National Security Agency, Admiral Mike Rogers, told me on Bloomberg TV in his first televised interview since taking the job, that the NSA played a role in the indictment of the five Chinese hackers. He downplayed concerns of worried Silicon Valley CEOs like Cisco's John Chambers, claiming the negative impact on U.S. tech exports will be minimal, and that "competition and the quality of what we do will win out. It's not by chance that the U.S. enjoys significant advantage in this market sector. It's because of what we're able to produce.""What an idiot. Predators take the commerce they feed on for granted.
"For anyone who believes that quality alone will ensure the success of American tech products in the Chinese market, look no further than China's Xiaomi. This four-year-old Apple-emulator sold 18.7 million smartphones in China last year, just shy of the 23.1 million iPhones Apple sold in the country. If a young, homegrown upstart like Xiaomi can nearly match Apple's sales in China, U.S. tech firms have something to worry about. It's clear American gadget makers will see their Chinese market share erode in a brutal trade war, no matter how shiny and innovative U.S. phones may be."Exactly.
Russia makes plans to pay for trade in renminbi. Nice job, Obama. Hopefully this is only a threat, but it's going to happen eventually.
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