Politics

Last Friday, President Obama's choice for Secretary of the Treasury signalled a startling shift in our relationship with China. Timothy Geithner said that China was "manipulating" the Yuan. This is a word that brought a strong reaction from China, and no wonder, no one in the Bush administration ever used the word "manipulate."

Obama is no stranger to reaching out to supposed enemies, as can be seen by the significance of his first TV interview, conducted on Arab TV.

Hmmm... something tells me that we're more likely to get a trade war with Obama than with Bush. And while a trade war will hurt China more than us, it will only make everyone poorer. While the media is focusing on who Obama is reaching out to, my contrarian sensitivities find who he's snubbing much more interesting and important.