Posted on 11/02/2007 5:23:12 AM PDT by Thorin
The euro, worth 83 cents in the early George W. Bush years, is at $1.45.
The British pound is back up over $2, the highest level since the Carter era. The Canadian dollar, which used to be worth 65 cents, is worth more than the U.S. dollar for the first time in half a century.
Oil is over $90 a barrel. Gold, down to $260 an ounce not so long ago, has hit $800.
Have gold, silver, oil, the euro, the pound and the Canadian dollar all suddenly soared in value in just a few years?
Nope. The dollar has plummeted in value, more so in Bush's term than during any comparable period of U.S. history. Indeed, Bush is presiding over a worldwide abandonment of the American dollar.
Is it all Bush's fault? Nope.
The dollar is plunging because America has been living beyond her means, borrowing $2 billion a day from foreign nations to maintain her standard of living and to sustain the American Imperium.
(Excerpt) Read more at worldnetdaily.com ...
Pretty good example.
Canada
Australia
European Union
Have no trade deficit and their currencies appreciate against the US dollar. So draw your own conclusions
Pretty good example.
That's why the Euro dropped to 83 cents in 2000, because the EU had a trade deficit and we didn't?
We make none? NONE?
I don't suppose you have any proof? PROOF?
The only thing Buchanan’s ever nailed was... um... Never mind. Let’s not go there.
But in any event, a weaker dollar simply means that we can’t afford to buy foreign made doodads. Since we’ll still want the doodads, someone will get the bright idea to make them right here in the US of A instead of in China. Thus more Americans will be able to get jobs fit for Chinese peasants.
OK... That came out wrong; but, you get the picture.
This is from 2003. What is it now? 1-2%??? Do you think the number is going down or up based upon the statement below?
December 22nd, 2003 4.7% of TV sets sold in US are US-made Posted by ZDNet Research @ 3:47 pm
Categories: Television
The number of televisions with screens 20” or larger exported from China to the United States has soared to an estimated 2 mil sets this year from less than 16,000 sets in 2000. According to industry experts, only about 1.5 mil of the 32 mil sets sold in the United States annually are made here; the rest come mainly from Mexico and Asia
According to this article many of the big TV companies in 2003 were planning to shut down production in 1st world countries and move production to China and other low cost countries.
We make none? NONE?
I don't suppose you have any proof? PROOF?
____________________
What an infantile mind you have. So what if we make 1 or 2 % of TVs here from foreign components? This has no bearing on anything. Paul has made his point that we just don't make those things here. They are made in Asia and we borrow money from Asians/Chinese to buy them. That's the big picture. But like a two year old you go none? none? none?.
Are you claiming that 1% or 2% is more than none? Thanks.
Paul has made his point that we just don't make those things here.
Paul's point was that we made none. That'd be 0%.
Idiot child-
When someone says we don’t make TVs anymore in the USA it’s commonly understood by adults that this statement is not negated if we make a few here - 1-2%
This is known as colloquial usage. But like an infant you take Paul’s statement too literally. Adults have no trouble getting Paul Ross’s point
Exactly
Toddler is quiet. He must be taking his nap
Bullcrap. It's not near impossible but it is impossible to have ONLY bought 2-3 items that originated in China since 1989. It would take a person hours upon end to shop for simple items NOT made in China. For instance 42% of R/X drug ingrediants come from China. You have not taken any meds or aspirin since 1989?
Just read this again. So if you buy a toothbrush, pen, greeting card, baseball cap or pennant at a ball game, lawn sprinkler, air filter for your car, dvd etc you check to make sure it was not made in China? Bullcrap again!!!!!!!!!!!!
Nobody makes TVs here anymore. It’s not worth arguing about, nor utilizing rhetorical devices to keep arguing about, sheesh.
More importantly there isn’t a single LCD manufacturer in the US either. That’s where the things are going anyway, the “tube” being obsolete.
LCD production is too “polluting”, which is apparently one of our biggest exports - any industry which isn’t clean enough for the greenies.
1. toothbrush--made in U.S.A. (G-U-M)(bought it last week),I shop for U.S. products and take pleasure in buying them over overs. I buy imports by choice, not because someone has a gun to my head or because I'm too lazy to walk out of the store empty-handed. You are free to make the argument (as you are making, and hedgetrimmer had to be prodded to do so), that the wool in my baseball cap was imported "unfairly" from Peru duty-free under Reagan's CBI. I will proceed to make the argument that that precisely is the reason we need a FTA with Peru. The usual suspects will then twist themselves into knots explaining what the word "fair" means.
2. pen--made in U.S.A. (Cross)(haven't bought one for a while),
3. greeting card--make my own,
4. baseball cap--made in U.S.A. (New Era)(bought it years ago),
5. pennant--don't buy them they're gay,
6. lawn sprinkler--don't have one,
7. air filter--not from China (last time I checked), and
8. DVD--don't buy them.
Now, if you wish to discuss industrial chemicals (an industry in the U.S. that is humming right along, but complaining about energy costs) that's ok also. So let's look up the tariff-rate on polymolyalidocious and go from there.
LOS ANGELES (AP) — Syntax-Brillian has made a splash with its Olevia brand of flat-panel TV sets, marketing them as high-quality, low-cost alternatives to the offerings of larger competitors such as Samsung and Panasonic.Any West Coast FReepers know more about this plant? Hedge? [chuckle]
The company is hoping to gain additional advantage over rivals by opening earlier this week what is believed to be the first high-definition flat-panel TV assembly facility in the United States.
Seattle Times, October 28, 2006. (excerpt)
Forgot to ping you, sorry. (I bake my own bread, btw).
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