August 13, 2007 (LPAC) -- Sen. Chuck Grassley (R-Iowa) continued the Congressional blundering on China policy last week, issuing a letter on Aug. 9 to Chinese Ambassador Zhou Wenzhong demanding that China denounce reports that "China may use its $1.3 trillion in currency reserves as a `bargaining chip' if the US enacts new legislation to address undervalued foreign currencies." LPAC reported last week, Lyndon LaRouche's July 27 warning that Beijing would "react sharply," with actions which would shock the US, if the recent anti-China moves in the Congress continued, especially those aimed at encouraging Taiwan independence. The House then passed H. Con. Res. 136 on July 30, calling for the Administration to abrogate U.S. agreements with China which bar the highest-level Taiwan officials from visiting Washington, D.C.

"Contrary to Senator Grassley's nonsensical message," LaRouche responded, "China has made clear that the issue was the threat against China delivered by members of the Congress in a resolution on the issue of Taiwan representation in the US. That's the issue that Grassley is ignorant of, or he's just ignoring the real issue. This is what I had reported July 27. I suggest Grassley get his facts straight, and use his influence to put a lid on that extremely provocative legislation. He should come to his senses and behave responsibly, rather than ideologically."

"I warned them."

"Some people don't pay attention to important messages."