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| Post Number: 11
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| Post Number: 12
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jimhanson 
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Oct. 25 2007,3:52 pm |
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QUOTE The Looney (the Canadian dollar, not Jimhanson) is almost at parity with the American dollar because of the dollar's weakness, and nobody is expecting the Canadians to buy more American products, they're just going to buy cheaper American products.
That's why my Canadian friends that depend on Americans for their hunting and fishing camps are scaling back--but they are making buying trips to the U.S. Cabelas reports big sales to Canadians.
You need to spend more time away from fixing the site for us, and more time looking things up on your computer. Here's an example of the effect of a weaker dollar on AGRICULTURE
nullMy Webpage
With a weak dollar, EVERYTHING that we export becomes cheaper to overseas buyers. As pointed out, that includes airplanes, agriculture, cars, tanks, munitions, etc. That helps our balance of payments, helps our export markets, helps manufacturing, provides more jobs.
On the other hand, that makes everything that we buy from overseas more expensive--which eliminates some of the advantages of overseas manufacturing plants.
Let's look at it another way--American travel to Europe is down because of WHAT? The strong Euro? Do you think that people from OTHER countries might come here for the OPPOSITE reason--cheap vacations? 
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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| Post Number: 13
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TameThaTane
Group: Members
Posts: 6300
Joined: May 2005
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Posted on: Oct. 25 2007,4:04 pm |
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I'm an idiot.
I was gonna stock up on Euro's when you could get em for 80 cents. Now they're like 1.40.
Was about to pull the trigger on 10K worth of Microsoft next week and missed out. Up 15% just for today!
I like NetFlix. Cabela's may be a quick trade, but long term I don't like it. Prices are too high and too far to travel to its stores.
The Internet will eventually morph into interactive TV when broadband quality equals satellite. Looking for a play there, but it's many years out.
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My choice is what I choose to do,
And if I'm causing no harm, it shouldn't bother you.
Your choice is who you choose to be,
And if you're causin' no harm, then you're alright with me.
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| Post Number: 14
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| Post Number: 15
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usmcr
Group: Members
Posts: 922
Joined: Sep. 2003
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Posted on: Oct. 25 2007,4:28 pm |
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the fallowing article could be named Monetary War!
WASHINGTON – The hottest selling book in China right now is called "Currency Wars," which makes the case that the U.S. Federal Reserve is a puppet of the Rothschilds banking dynasty and it has persuaded some top officials Beijing should resist America's demands to appreciate its own undervalued currency, the yuan.
This might not be news of concern to most Americans if the U.S. dollar were not in precipitous free-fall, having reached record lows against the euro yesterday.
What would it mean if China ever threw its economic weight around by dumping dollars in a major way?
Suffice it to say it is referred to in some quarters as China's financial "nuclear option," because it would be the economic equivalent of detonating a thermonuclear weapon in the world's financial markets.
But the American dollar's fate is hardly in the hands of the Chinese alone. Other foreign parties suspected of participating in a new "Currency Cold War" are Iran, Russia and Venezuela.
end article>
the u.s. is not in the lead world wide as its actions can have dire consequences by those who have the power to raise havoc in the economy of the u.s. it seems our credit card is maxed out & we are now at the mercy of our creditors! we must find an exit strategy out of iraq & afganistan to end the huge drain on our economy!
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"Do not confuse dissent with disloyalty" Edward R Murrow
Memento homo quia pulvis es, et in pulverem veverteris
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| Post Number: 16
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TameThaTane
Group: Members
Posts: 6300
Joined: May 2005
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Posted on: Oct. 25 2007,4:33 pm |
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Wha tha?!! 
You were beating the war drum louder than anyone!
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My choice is what I choose to do,
And if I'm causing no harm, it shouldn't bother you.
Your choice is who you choose to be,
And if you're causin' no harm, then you're alright with me.
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| Post Number: 17
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| Post Number: 18
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Liberal
Group: Moderator
Posts: 11451
Joined: Aug. 2003
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Posted on: Oct. 25 2007,8:09 pm |
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QUOTE
With a weak dollar, EVERYTHING that we export becomes cheaper to overseas buyers. As pointed out, that includes airplanes, agriculture, cars, tanks, munitions, etc. That helps our balance of payments, helps our export markets, helps manufacturing, provides more jobs.
On the other hand, that makes everything that we buy from overseas more expensive--which eliminates some of the advantages of overseas manufacturing plants.
Let's look at it another way--American travel to Europe is down because of WHAT? The strong Euro? Do you think that people from OTHER countries might come here for the OPPOSITE reason--cheap vacations?
That the dumbest thing you've ever said. If a weak dollar is a good thing then we would just print more money and decrease the value of the dollar. 
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The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
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| Post Number: 19
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Ned Kelly
Group: Members
Posts: 1073
Joined: Dec. 2004
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Posted on: Oct. 26 2007,5:27 am |
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(Liberal @ Oct. 25 2007,8:09 pm)
QUOTE QUOTE
With a weak dollar, EVERYTHING that we export becomes cheaper to overseas buyers. As pointed out, that includes airplanes, agriculture, cars, tanks, munitions, etc. That helps our balance of payments, helps our export markets, helps manufacturing, provides more jobs.
On the other hand, that makes everything that we buy from overseas more expensive--which eliminates some of the advantages of overseas manufacturing plants.
Let's look at it another way--American travel to Europe is down because of WHAT? The strong Euro? Do you think that people from OTHER countries might come here for the OPPOSITE reason--cheap vacations?
That the dumbest thing you've ever said. If a weak dollar is a good thing then we would just print more money and decrease the value of the dollar.
Could this be what is already happening? It would be the conservatives way to pay for war without taxing those who can afford to pay, and who supported the call to invade Iraq!........... .....ned
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| Post Number: 20
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Oct. 26 2007,11:01 am |
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Liberal--instead of firing up the ol' liberal attack machine, how about responding to the STATEMENT. Here it is again--which parts are not true?
QUOTE With a weak dollar, EVERYTHING that we export becomes cheaper to overseas buyers. As pointed out, that includes airplanes, agriculture, cars, tanks, munitions, etc. That helps our balance of payments, helps our export markets, helps manufacturing, provides more jobs. Is this not true?
QUOTE On the other hand, that makes everything that we buy from overseas more expensive--which eliminates some of the advantages of overseas manufacturing plants. Is THIS not true as well? With a weaker dollar, there is less incentive to move manufacturing to India and China, and pay for re-importing material--U.S. manufacturers have a better chance of competing in our own market.
QUOTE Let's look at it another way--American travel to Europe is down because of WHAT? The strong Euro? Do you think that people from OTHER countries might come here for the OPPOSITE reason--cheap vacations? Is THIS not also true? Is U.S. travel to Europe down because of the strong Euro? Are people from other countries (especially CAnada) not coming here for vacations and buying American products because they have a better rate of exchange?
"Strong" dollar sounds so much better than "weak" dollar--nobody wants to be "weak" (well, OK, maybe some Donks think we should be weak)  But having our dollar on parity with Canada--our largest trading partner, has certain advantages.
More libbie flip/flopping. People tend to decry the loss of jobs overseas, and our negative balance of payments. A weaker dollar HELPS both of those issues. You can't have it BOTH ways.
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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