[woofie]

Gee if the French dont like it it cant be all bad

[ProudVet77]

This Frenchie knows that the cost of a trip to Paris has gone way up, as well as the price of frog whines and cheeses.

[Nov3]

Tell them to start buying dollars and maybe we will buy some cheese NOT!!!

[LibWhacker]

No skin off our teeth -- or not much, at least. It's like a built in tariff. It only hurts those who want to sell their products here. If the rats won't stop buying French wines, maybe this will help 'em do the right thing.

[river rat]

The French are learning is it not a smart move to stab Americans in the back --- or kiss Islamanazi ass...

There are MANY ways to punish the French, and punish we will.

Semper Fi

[FreedomSurge]

I have a feeling that Bush is giving some sort of payback to Europe. He is talking a strong dollar game but doing nothing. I haven't figured the angle yet.

[26lemoncharlie]

If the French are running amok, it must be the right thing to do! They sure do like telling other people what to do, don't they!! They run around the world telling countries how to vote in the UN, they tell us tha our Foreign Policy is wrong, they hate our President, they hate the fact we believe in Jesus Christ, they hate us because we reject Homosexuals (Exploding Groins). They go to England and tell the PM he's all f'd up, But the one thing they will NOT do and that is MIND THERE OWN DAMN BUSINESS!!

[this_ol_patriot]

Kiss my french!

[NorCalRepub]

that's right and since the Chinese monetary system is tied to the US dollar it is Europe that gets screwed the most. I'm so very sad...............boo hoo

[cpdiii]

If my memory serves me correctly, the only major European nation that is not on the Euro that supported us is the United Kingdom. Sorry about that France, Germany and other Euro Weenies!

Mega Bump to Tony Blair and the UK.

[lwoodham]

I hope the dollar falls so low that the French have to eat pidgeon droppings, the smellie surrender monkeys.

[HardStarboard]

Its making French wine out of reach of the effete elite leftists inside the Washington DC beltway - and since I prefer Oregon Pinot Noir's.....I'm not suffering.

Gerorge and John Snow - do what you have to!

[Polybius]

Hervé Gaymard, France's new finance minister, on Thursday warned of a global "economic catastrophe" if the US, Europe and Asia did not work together to stem the decline of the dollar against the Euro.

"Global" economic catastrophe?

How about "European" economic catastrophe.

The over-valued Euro has not only made Europe too expensive for Americans and the rest of the World, it has also made Europe too expensive for the Europeans themselves.

We went to Spain last summer and a Spaniard was telling me that prices in Spain sky-rocketed when the Euro replaced the Peseta. She called the Euro an "engaño".......a hoodwinking.........perpetrated upon Spain by European Union politicians.

Last week, I met a visiting woman from the Netherlands. I asked her opinion about the Euro, told her about my conversation with the Spaniard and asked what the effect of the Euro was in the Netherlands.

She replied that it had the same effect that I had described for Spain. She say that, before the Euro, the dollar was worth about 2 Dutch Guilders. However, once the Euro took over, everything that was previously priced at 1 Guilder in the Netherlands was then priced at 1 Euro. As a result, the cost of living in the Netherlands doubled.

She says it is now so bad that the Dutch tend to stay home rather than even go a restaurant or to a pub as they are now so expensive.

The high cost of living is also affecting the number of children that young European married couples believe thay can afford.

The over-valued Euro is destroying the European economy and is seriously affecting European society.

[BurbankKarl]

tell the frogs to shut up.

[jrfaug06]

French want us to raise rates to strengthen the dollar. Bush says, "Nuts".

John

[nightdriver]

It sure makes it easier for European airlines to buy Boeing airplanes and also makes it much more expensive for American airlines to buy Airbus.

What's not to like?

[wu_trax]

Only because the french don't want it it doesn't become a good thing.

For the US economy to gain anything out of this, the average standard of living in the US has to fall. If it was only 'it's good for our exports and bad for french imports' everyone would devalue their currencies.

Also, the Euro isn't overvalued right now, just as little as it was undervalued 4 years ago. If anything the Dollar is still overvalued because some Asian central banks, especially China, still support it against the market. The exchange rates don't follow the purchasing power, the purchasing power follows the exchange rates. If the investments in the USA are larger than the trade deficit the dollar rises, if not it falls. It really is that simple.

And I don't see any way to do something about it. All the big central banks can do is slow down the decline of the dollar, not stop it. If the ECB would try to stop it, it would end up with lots of worthless Dollars (in the sense that they would never again be able to sell them), pretty much like China and Japan right now. The Federal Reserve can't even do that, eventually they would run out of foreign currencies to sell. They can rise the interest rates further and faster in the hope that would attract more foreign investors, but that would be bad for economical growth.

[Jimmy Valentine]

He is really worried about the Euro. They have been artificially propping up that currency in an effort to give it legitimacy. Interesting to see how long they can sustain it. The dollar is the benchmark for so many other currencies that the pressure on the Euro is extreme.

Regards,

[tm22721]

The dollar exchange market ($1.5 trillon a day) is uncontrollable by any single entity including the US government.

Watch the dollar index. If it plunges below .80 there will be an acceleration of international selling.

BUMP

[pointsal]

Let the darned dollar fall. How many Airbus planes can be sold when the price is higher?

[timestax]

$$$$ bump