John Ward Barack Obama, Beijing clarifies what said, Toronto anarchy approaches., US wants Yuan unpegged.

OBAMA HAILS WHAT CHINA DIDN’T SAY. CHINA REITERATES WHAT IT DID SAY.

8.21 GMT….Obama hails Chinese decision to let Yuan float upwards,

8.37 GMT….China issues statement saying that wasn’t what they meant. “We said ‘more flexible'” claims Beijing….and this is indeed what they said.

When clients used to ask me if I was flexible about commission income, I used to say “Yup, we start at 15% – but if you wanna pay more, that’s your privilege.

See The Slog posting from yesterday…..it’s gonna be fun in Toronto, guys.