China and Unocal, Have a Cookie!
China's unsolicited bid to takeover Unocal is equaled every ten days in less obvious investments like Treasury bills and real estate, but that doesn’t keep Congress from going ballistic. Politicians are not really very smart and for the most part are economic idiots, running, running, running for office but seldom having run anything else in their lives, such as a business.
So don’t look to Capitol Hill for guidance, you're better off in Webster's under G. It’s panic-time and the lemmings we keep sending to Washington (mostly to keep them off the streets at home) are collectively scratching their heads and wondering how to position themselves. Unable to find an economic truth glowing in a dark room, they’re suddenly calling for trade sanctions and an economic accounting in the China matter.
Well boys and girls of the Senate and Congress, gather ‘round and try not to sniffle. There’ll be milk and cookies after the explanation. That $1.9 billion Bush is borrowing each and every day …