Chances of Protectionism Are Rising

Our economic woes will likely be partially blamed on China.

By + More

My guy Dan Clifton over at Strategas Group relays this worrisome analysis:

As we expected in this election year, China bashing is resurfacing and key bipartisan Senators have begun working together to get a bill completed before the election. China currency legislation has strong bi-partisan and veto-proof majorities despite the fact that the Yuan has appreciated significantly over the past few months.