Socionomics—Protectionism Rises Again

China export surge stirs US anger
While the stock market bulls were crapping their pants over day old export news from China (most news outlets changed the date on the stories from June 9 to June 10), Congress was getting pissed.
Charles Schumer, New York senator and the third most senior Democrat in the Senate, said he would seek to have his bill made into law within two weeks unless he saw signs of action from Beijing. “We need to take stronger action than this back-and-forth,” he told Tim Geithner, Treasury secretary, who was testifying to the Senate finance committee.

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