> > Since when does one have to prove a definition? -not supporting your
> > currency in a sagging economy, thus alllowing it to drop and cheapening
> > your exports with regard to other countries in order to preserve your
> > market share is, by definition, a protectionist measure.
> Jan, I am sure your probably don't really know why our dollar is cheap
right
> now, BUT here are some real reasons.
> 1 - As the number of IMPORTS rises it puts downward pressure on the
dollar.
> We are now importing more goods and services today than we ever have. So
> your idea that it is protectionist is completely false.
> 2 - Our dollar should probably be much lower if it was at a true value,
but
> other countries prop it up, but because of our low interest rates, they
have
> not been as eager to do so.
> 3 - A weak dollar should actually help our economy as it makes our goods
and
> services more attractive overseas.
> > The oil thing I could hardly word better than Asgeir, so I won't bother.
> > You think the middle east is gonna allow you to suck it dry of it's
> > natural resources? -think again.
> You are right here, BUT as prices rise the need/desire for THOSE natural
> resources will dwindle, alternative fuels sources are already being
> developed, but until the costs rise higher, what is the point? Just
because
> you "run out" of something, doesn't necassarily mean it should be
conserved.
> > You're saying there are reasons other than short term fixes so voters
> > wouldn't feel the effects of a global economic downturn as sharply in
> > order to get re-elected? -You mean to say George and the gang took these
> > measures in good faith and only afterwards realised "Dang, European
> > imports are now 20% more expensive than before.... hadn't thought of
> > that!!" -get out of here!!
> No, BUT American goods and services are 20% cheaper for foreigners to
> purchase and are expansionary for our economy. HOWEVER, if you look at
the
> facts, it has in no way dampened the American desire for IMPORTS which
> therefore is expanding the world economy even faster. Right now, the
world
> economy looks very attractive.
> > Hello? -Bush plans to completely privatise healthcare. That means have
> > money or die. I can't believe voters overlooked that aspect. Too busy
> > yahooing about kicking Iraqi ass, I would imagine.
> That is completely false. No reason to respond.
> > in different ways -instead of being artificially sustained. Anyway, you
> > guys were too busy wondering whether Monica sucked his*** or not (who
> > f'ing cares?) for much detail to filter through on this side of the
> > Atlantic.
> Why do we care? Because we don't want to let our society degenerate into
a
> system of "Do whatever you want - no rules on me". YOU have no idea what
> the effects of our President getting "Monica'd" has done. Is it OK for
> young girls in Junior High to be giving their "Friends with Benefits" -
> Monica's in the Bathroom or having "Rainbow" parties? THAT is the reason
> why those issues ARE important.
> > Exactly, that's the whole point. You want to be the leading nation in
the
> > world without having to take the responsabililty towards the future that
> > goes with it and Georgie is working his nuts off to ensure that you
don't,
> > so you like him a lot. But the reality is this: you guys consume, per
> > capita, twice as much natural resources as anyone else in the world and,
> > if you hang on to your blinkers and preserve "your way of life", your
> > grandson is going to have to turn his SUV into a flowerbed. Because
there
> > isn't going to be left anything to run it on.
> Jan, as I am sure you are aware of, but it is very likely that JP's
grandson
> will be running his SUV on alternative fuels by then and oil will be a
> non-issue. THIS is the primary reason why OPEC is VERY concerned with
> letting oil prices get too high. They do NOT want to give too much
> incentive for the continued development of alternative fuels.
> P.S. Do you also realize that CHINA's recent capitalistic expansion and
> resulting economic success is the primary reason for dramatic increase in
> demand for oil? There is also big speculation going on in the oil market
> right now.
> Bill Bollinger
> www.gsxn.com
Ding, ding, ding, we have a winner. Careful though; facts tend to not