15 November 2010
Senator Lindsey Graham (R-SC)
Dear Sen. Graham:
Yesterday, The Hill reported on your disappointment that Pres. Obama failed to persuade Beijing to
raise the value of China’s currency. In response to this ‘failure,’ you
proclaimed that “They [the Chinese] already have enough advantages.”
Given your belief that a currency whose value is lower than you think
it should be confers “advantages” upon its holders, I hereby offer to
confer such advantages upon you and your family. Before you or anyone
else in the Graham household spends dollars, contact me first. I will
give you a fifty-cent coin in exchange for each dollar that you would
otherwise have spent on your purchases.
I will also act as your agent to demand that your employers (and
anyone else who purchases goods and services from the Graham household)
pay to the Grahams only 50-cents on the dollar.
this way, you will effectively devalue the currency used and earned by
the Graham household and, I presume (because you are a knowledgeable and
thoughtful U.S. Senator who decries using a currency that is
over-valued relative to other currencies), earn for your family great
riches and other “advantages.”
Do we have a deal?
Donald J. Boudreaux