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PostPosted: Wed Oct 06, 2004 3:36 pm
 


Zenfisher Zenfisher:
You have to look at the complete caseload John Edwards fought for, before laying claim that his lawsuits were frivilous. You might want to keep in mind that he is a lawyer :wink: thirdeye , before making a blanket statement of blame.


http://www.washingtontimes.com/national ... -1949r.htm


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PostPosted: Tue Oct 19, 2004 7:52 am
 


And don't forget to stalk up on any prescription drugs you need.


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PostPosted: Tue Oct 19, 2004 1:56 pm
 


Yesterday, the dollar fell below $1.25 per euro. The euro came out at $1.12 and then dropped as low as 88 cents. American analysts yucked about how "old" Europe could never compete with the United States. Then, the dollar fell - losing almost half its value against the euro in a few months' time. Everyone expected the dollar's collapse to continue.

The dollar is going down because more dollars go out of America than come in. The bank of Alan Greenspan, in its majestic wisdom, makes credit available to American borrowers at attractive rates. Borrowers use the money to buy things from overseas - where people sweat to make products for the "thinkers" in the United States. Thus, more U.S. dollars end up in foreign hands than foreign money in U.S. hands.

The imbalance has been corrected thanks to the generosity of the foreigners, who have been kind enough to lend it back. But lately, they seem to be finding other uses for their money - perhaps buying gold or oil. In August, foreigners returned less money to the United States than the month before...foreigners bought just $59 billion of U.S. financial assets, the least since last October.

For the last six months, nothing happened with the dollar. It traded between $1.17 per euro on the high side and $1.24 on the low. Now, stuff seems to be happening. The dollar's long-awaited correction may be continuing.

A similar correctus interruptus took place in the Dow. After the opening of the bear market in January 2000, the Dow sunk below 8,000. Then, a countertrend rally took it back over 10,500 in February of this year. That bounce also seems to have topped out. The homebuilders are sinking. The insurance companies are dropping. The automakers, too.


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PostPosted: Tue Oct 19, 2004 3:54 pm
 


Hey, don't go bad-mouthing NASCAR. Of course it has become unwatchable due to the jingoism of the announcers in the last couple of years, but it's still one of the most entertaining things to drink beer to on a Sunday afternoon as long as you keep the sound off.


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PostPosted: Tue Oct 19, 2004 7:16 pm
 


$1:
I'm not happy about leaving Avro. But yes part of the reason why we decided to move was becuase of higher pay and lower taxes. I'm still in my 20's allrihgt..I wanna tarvel, I want a good car, kick ass house, satelite Dish (with Football Sunday ticket) and more. I wanna live my life not be over-taxed to death, having the government tell me what I can watch or not watch, what's Canadian and what's not.


Ah...conspicuous consumption and rampant consumerism.


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PostPosted: Tue Oct 19, 2004 8:04 pm
 


As long as you close your eyes to the fact that it's destroying both the earth and our culture, you can try to make that argument. Of course you'd have to be a moron to think that a few shiny baubles were worth more than the planet, wouldn't you?


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PostPosted: Tue Oct 19, 2004 11:03 pm
 


Godz supports the actions of Bush...I'm glad he's willing to come down and help pay for it. Now, if we could get Human or Karra to come put there money where there mouth is... we might be able to get the debt down to 421.99999999999999999999999 billion :wink:


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