1
   

US Dollar Failing

 
 
Reply Fri 5 Oct, 2007 01:25 pm
The US dollar is now worth only .98 Canadian dollars. This type of inflation is exactly what the Federal Reserve System get us. When the US government needs more money to fund entitlement programs and useless wars, what do they do? They borrow from the FED on interest, and the FED simply prints more money. That's right, Congress pays interest for money even though they have the Constitutional right (and obligation) to print it themselves. Ladies and Gentlemen, we need to rethink what the role of government needs to be and elect somebody who can restore our country's finances.



U.S. Dollar to Canadian Dollar Exchange Rate - Yahoo! Finance


Ron Paul 2008 — Hope for America
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 1 • Views: 1,619 • Replies: 9
No top replies

 
Silverchild79
 
  1  
Reply Fri 5 Oct, 2007 02:20 pm
@Freeman15,
that's crazy, our currency has always been worth more then Canadian
0 Replies
 
briansol
 
  1  
Reply Fri 5 Oct, 2007 03:30 pm
@Freeman15,
um, it still is. but only by 2 cents
0 Replies
 
Silverchild79
 
  1  
Reply Fri 5 Oct, 2007 04:39 pm
@Freeman15,
2 cents is negligible, but as sad as it seems I'm waiting for the next recession so I can buy a house lol
0 Replies
 
92b16vx
 
  1  
Reply Fri 5 Oct, 2007 09:17 pm
@Freeman15,
We've lost .20 to the dollar against the Euro in just a few years. The ship is sinking and those that are sinking it have made sure they have enough loot to weather the storm, we on the other hand are about to be screwed, blued, and tattoed.
Freeman15
 
  1  
Reply Fri 5 Oct, 2007 10:05 pm
@92b16vx,
I'm more worried about this information's bearing on the proposed North American Union. CFR members and other Union supporters could cite a falling dollar as a NEED for a NAU, which ultimately will destroy the US and Canadian markets and reduce American workers to unemployment or Mexican standards of living. I'm not sure the inflationary measures of the FED aren't intentional.
92b16vx
 
  1  
Reply Sat 6 Oct, 2007 12:46 am
@Freeman15,
Freeman15;40515 wrote:
I'm more worried about this information's bearing on the proposed North American Union. CFR members and other Union supporters could cite a falling dollar as a NEED for a NAU, which ultimately will destroy the US and Canadian markets and reduce American workers to unemployment or Mexican standards of living. I'm not sure the inflationary measures of the FED aren't intentional.



As well you should be...

WorldNetDaily: 'Amero coming within decade'

PREMEDITATED MERGER
'Amero coming within decade'
Strategist expects currency changes as Canadian dollar matches greenback

--------------------------------------------------------------------------------
Posted: October 5, 2007
1:00 a.m. Eastern


By Jerome R. Corsi
? 2007 WorldNetDaily.com



A commemorative amero coin
BankIntroductions.com, a Canadian company that specializes in global banking strategies and currency consulting, is advising clients that the amero may be the currency of North America within the next 10 years.

"The amero would compete against other regional currency blocks," BankIntroductions.com says. "At present, with the Canadian dollar approaching par, more talk for an amero currency unit will become popular in Canada."

The company says that with the successful implementation of NAFTA, "the one dragging component for the amero will be Mexico, but in time this will change."

"Implementation of the amero currency may actually give Mexico an economic boost, thus helping to alleviate Mexican immigration pressures into the United States for those Mexicans seeking financial gain," BankIntroductions.com advises.

The amero one day may well be circulating throughout North America."

Matt Bell, president of BankIntroductions.com, told WND in an e-mail to "feel free to quote our currency research on Canada. Our general opinion on the amero stands as stated."

As WND reported, coin designer Daniel Carr has issued for sale a series of private-issue fantasy pattern amero coins that have drawn attention on the Internet.

WND also reported the African Union is moving down the path of regional economic integration, with the African Central Bank planning to create the "Gold Mandela" as a single African continental currency by 2010.

The Council on Foreign Relations also has supported regional and global currencies designed to replace nationally issued currencies.

In an article in the May/June issue of Foreign Affairs, entitled "The End of National Currency," CFR economist Benn Steil asserted the dollar is a temporary currency.

Steil concluded "countries should abandon monetary nationalism," moving to adopt regional currencies, on the road to a global "one world currency."

WND previously reported Steve Previs, a vice president at Jeffries International Ltd. in London, said the amero "is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S., and Mexico."

A video clip of the CNBC interview in November with Jeffries is now available at YouTube.com.

WND also has reported a continued slide in the value of the dollar on world currency markets could set up conditions in which the adoption of the amero as a North American currency gains momentum.

----------------------

Normally I hate that site, mostly neocon mouthpiece op-ed garbage spreading hate.
0 Replies
 
mlurp
 
  1  
Reply Sat 6 Oct, 2007 08:02 pm
@92b16vx,
92b16vx;40509 wrote:
We've lost .20 to the dollar against the Euro in just a few years. The ship is sinking and those that are sinking it have made sure they have enough loot to weather the storm, we on the other hand are about to be screwed, blued, and tattoed.


I have been waiting to find if we agree on something, now we do! I would agree with Freeman (on one fact he posted) but he would take it that I was licking his sharkskin boots. Some people take themselves to seriously.
Freeman15
 
  1  
Reply Sat 6 Oct, 2007 08:42 pm
@mlurp,
mlurp;40609 wrote:
I have been waiting to find if we agree on something, now we do! I would agree with Freeman (on one fact he posted) but he would take it that I was licking his sharkskin boots. Some people take themselves to seriously.


Actually, they're snakeskin, and damn they're comfy.
mlurp
 
  1  
Reply Sat 6 Oct, 2007 09:16 pm
@Freeman15,
fool fell for it................loooooooooooooooooooooool
0 Replies
 
 

Related Topics

Where is the US economy headed? - Discussion by au1929
The States Need Help - Discussion by Robert Gentel
Fiscal Cliff - Question by JPB
Let GM go Bankrupt - Discussion by Woiyo9
Sovereign debt - Question by JohnJD
 
  1. Forums
  2. » US Dollar Failing
Copyright © 2026 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.04 seconds on 03/13/2026 at 04:55:51