Sinking Currency, Sinking Country

World Net Daily ^ | 11/02/07 | Pat Buchanan

[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.

[Toddsterpatriot]

How many chins are you up to now?

[Paul Ross]

How many chins are you up to now?

Unlike you, I have only the one, JABBA!

[Toddsterpatriot]

From what I’ve seen, you might only have one, but it’s HUGE!

[RockinRight]

I’ve heard all this before...lemme see...it was back in about...oh...1986?

[Paul Ross]

From what I’ve seen, you might only have one, but it’s HUGE!

Oh, you're not talking about chins then...just the normal equipment you lack. Wuss.

[Toddsterpatriot]

Come on Paul, fess up. 300? More?

[Toddsterpatriot]

And you say there is not a growing disparity in wages?

When did I ever say that, comrade?

That's what nice about a site that saves all old post. I will find it this weekend and post it.

I must have missed it when you posted your proof. Could you repost what you found?

[SunkenCiv]

from 2004:

Goodbye, Dollar - and Empire
The American Conservative | November 2004 | Pitchfork Pat Buchanan
Posted on 11/13/2004 2:40:59 PM EST by RedOhio
http://www.freerepublic.com/focus/f-news/1279227/posts

[Toddsterpatriot]

And you say there is not a growing disparity in wages?

When did I ever say that, comrade?

That's what nice about a site that saves all old post. I will find it this weekend and post it.

I know you've been busy, but did you ever find your proof?

[Toddsterpatriot]

Higher income people like Buffett or Gates will skewer the median net worth figures up.

Don't you love some of these 2007 threads? LOL!

[Mase]

Wouldn't you just love to see the math that allows Gates and Buffet to skew the median net worth numbers?

[Toddsterpatriot]

Math is hard, especially for doomers.

[am452]

And you say there is not a growing disparity in wages?

When did I ever say that, comrade?

Oh..so you agree there has been a growing disparity of wages under free trade. Excellent.

[am452]

Higher income people like Buffett or Gates will skewer the median net worth figures up. That chart is worthless. The rich are getting mega richer and the middle class is ho hum. Show me a chart that shows increases in average net worth of middle class flyover families,

I will admit I made on error on the Buffet/gates part. The second part I'm correct on. The household net worth charts were/are worthless. They don't show the breakdown in increases in net worth across income levels.

[am452]

Higher income people like Buffett or Gates will skewer the median net worth figures up. That chart is worthless. The rich are getting mega richer and the middle class is ho hum. Show me a chart that shows increases in average net worth of middle class flyover families,

I will admit I made on error on the Buffet/gates part. The second part I'm correct on. The household net worth charts were/are worthless. They don't show the breakdown in increases in net worth across income levels.

[am452]

And you say there is not a growing disparity in wages?

Was there not some revised economic date several months back that said middle class income wages truly have been stagnant over the last 4-5 years? I will have to do a google.

[Toddsterpatriot]

Were you lying when you made your original claim, or just stupid?

[ex-snook]

Thanks for post. Buchanan is right again.

One by one the bubbles are bursting - housing, stocks, oil, investment bankers, unbalanced trade, deregulation, nation building, now the dollar and in the wings inflation.

Is ANYTHING better in the last 8 years? The neocon globalists, who possessed Bush’s post election mind, have done a better job in destroying the country than any foreign effort could.

Forget about McCain, another Kristol neocon brainwash. McCain = Obama = next stop 2012. God Bless America.

[am452]

Were you lying when you made your original claim, or just stupid?

You are refering this to post #613 regarding the disparity of incomes. I was correct-there has been a disparity of income growth under "free trade". You admitted to such.

What post are you incorrectly refering to?

[Toddsterpatriot]

What post are you refering to?

The claim you made in post #320. So what was it, a lie or your stupidity?