The irony meter explodes: Romney accuses Obama of being soft on China

http://news.yahoo.com/romney-calls-treasury-report-delay-another-missed-opportunity-205119084--abc-news-politics.html

PORTSMOUTH, Ohio - It was all about China for the Romney-Ryan ticket today, the two politicians hammering the Obama administration for delaying the release of a report that could label China a currency manipulator.

"I want to make sure that when people cheat, when they don't follow the rules in trade, we finally hold them accountable," Mitt Romney told a crowd of 3,000 who had gathered on a college quad to hear him speak.

"You know the president, the president has an opportunity, had an opportunity, was required as of last Friday to officially designate whether China is a currency manipulator," Romney said, going on to explain that being a currency manipulator means that a country is "artificially" holding down the value of its currency so the products it sells are less expensive than those made in other countries, and so that American companies making the same products go out of business.

"And yet over the past several years, the President's failed to call China a currency manipulator," Romney said. "He had the occasion on Friday to come out with that official designation. Do you know what they said? We're not going to make any determination until after the election.