Bush Pledges Strong-Dollar Policy

[Career Prole]

WASHINGTON (AP) -- President Bush pledged Wednesday to work with Congress to reduce the United States' huge deficits to assure markets that his administration supports a strong dollar.
"The policy of my government is a strong-dollar policy," Bush said during an Oval Office meeting with Italian Prime Minister Silvio Berlusconi.

"We're going to take this issue on seriously with the Congress," the president said, after Berlusconi raised concerns about the dollar's fall.

<snip>

Despite White House expressions of support, the administration has not taken action to prop up the dollar. During Bush's four years in office, not once has the administration intervened in currency markets to support the dollar or done anything else to stop the dollar's slide.


Still more economic strategery from the world's most powerful blithering idiot (from the article)...

Bush noted that in addition to the budget deficit, America suffers from a huge trade deficit.

"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."
http://biz.yahoo.com/ap/041215/bush_4.html

Well, now...that settles that, then.

[LynzM]

1. Right....

'Cause there are lots of American made products around to buy these days... :eyes:

Do they think if they just keep saying that the dollar is strong, miraculously, it will be? Certainly seems like it.

[Verve]

10. If you say it's so and you pray hard enough, the lord might just save ya!

[VegasWolf]

11. then again, you might just be on your own. n/t

[Anakin Skywalker]

45. Takes a Joe Goebbels to Know, Dear!

"Do they think if they just keep saying that the dollar is strong, miraculously, it will be? Certainly seems like it."

Yes. Perhaps it is a concept alien to an infidel like you, but it is called FAITH-BASED economics!

[bemildred]

2. Quotes:

Bush noted that in addition to the budget deficit, America suffers from a huge trade deficit.

"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."

---

Despite White House expressions of support, the administration has not taken action to prop up the dollar. During Bush's four years in office, not once has the administration intervened in currency markets to support the dollar or done anything else to stop the dollar's slide.

"We believe that the markets should make the decision about the relationship between the dollar and the euro," Bush said.

[Just Me]

14. So, bottom-line is,...the Busholinis hang their hats on money.

To hell with humanity.

Sounds like purist fascism to me!

Mussolini woulda' LOVED these guys!!!!

[phantom power]

15. Hey, you go to market with the dollar that you have, not the

dollar you wish you had.

These guys sure are philosophical about other people's problems.

[VegasWolf]

20. Clever! n/t

[snippy]

36. Excellent. n/t

[sakabatou]

42. What the?

"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."

"We believe that the markets should make the decision about the relationship between the dollar and the euro," Bush said.

"So we will sit on our hands, close our eyes and count to 10, the propblem should dissapear.

:puke:

[bemildred]

64. Yeah. "What, Me worry?" or "Let them eat cake".

We gotta remove the evil Saddam right away, but we could give a shit
about the economy or the dollar or jobs or anything, that's all going
to be left to the "magic of the market", i.e. to the manipulations of
Shrubite corporations.

The first one is really special. I think he's telling all those
foreigners that if they want our deficits to come down, they need to
buy more stuff from us, i.e. he does not intend to do squat about it.
It's like he WANTS to frost them.

[BlueEyedSon]

3. Bush promises "humble" foreign policy.

Bush affirms "compassionate conservative" agenda.
Bush disavows "nation building."
Bush declares "Christian Values".
Bush claims Saddam posseses WMDs.

Anything else?

[jrthin]

52. One more:

He also asserted that major combat was over.

So, gee, if Bush says it, it must be true.

[Art_from_Ark]

59. bu$h declares he will be the "environmental president"

bu$h claims the only insurgents in Iraq are a few "Saddam sympathizers"
bu$h claims bin Laden behind 9-11 attacks

[Deja Q]

62. * said he'd stop at nothing to hunt down and get Osama Bin Laden...

6 months later, OBL just didn't matter to him.

Pity we get the same fate as the 59 million cretins who voted for *.

[tridim]

4. Faith based economics..

I think it's obvious that Gawd hates *.

[many a good man]

44. Gawd damns *

He thinks its faith, not works, that will save us. He's wrong. And his acts will earn him a very special place in Hell. The Devil has a special room set aside for all earthly princes who initiate unjust wars of aggression and defile Gawd's Creation.

[wildwww2]

50. It would be nice to know that Bu$h would burn in Hell`s special place.

But I do not believe in God. Or Heaven. Or Hell. Well maybe the Hell Bu$h and his group of monsters are determined to create here on earth. But no other. So I wish some deity would come and put the murderous squatter in his place. But I think it will be up to we the people. If we ever stop being wimps and band together against these Nazi clones.
Peace
Wildman
Al Gore is My President

[VegasWolf]

5. Right, says one thing, sends Snow to do another. What else to expect? n/t

[dbt]

6. John Mitchell, circa 1972:

"Let them listen to what we say, but watch what we do."

:evilgrin:
dbt

[Verve]

7. LOL! Yeah right! And he also pledged to find WMD in Iraq! n/t

[MsConduct]

8. It's kind of late for that isn't it? If something is dead, how strong..

could it be? Thanks for the tread. It's funny and oh so sad at the same time.

[VegasWolf]

9. Thanks to bush's mismanagement of the economy, the US dollar

will never be the same.

[earthside]

12. It's Simple - LIE!

That's all Bush ever does .... LIE! LIE! LIE! LIE! LIE! LIE! LIE! LIE! LIE!

[On the Road]

13. Oh, Jesus Christ!

This is Bush's solution to the trade deficit:

"People can buy more United States products if they're worried about the trade deficit."

That's like saying the unemployment can be eliminated by people just going out and finding jobs. The administration's actual trade policies are just kicking the door further open.

Look, there are actually good things about a weak dollar, even though it doesn't address the trade balance with China (whose currency is tied to the dollar). But nothing in US policy supports a stronger dollar.

How can any president come out with stuff like this and keep a straight face? Or avoid being jeered off the podium?

[4MoreYearsOfHell]

17. How does he get away with

this SHIT!!! Where have we lost the way? Doesn't anybody see that the chimperor isn't wearing any clothes?

WHAT HAS HAPPENED TO THIS COUNTRY?

Where is the leadership?

[Career Prole]

24. "That's like saying the unemployment can be eliminated

by people just going out and finding jobs."

LOL! Be veeeewy careful! That kind of insight could snare you a cabinet nomination with these folks! :eyes:

[On the Road]

34. That's Actually What Henry Ford Said During the Great Depression

There was a brief attempt at an economic recovery, maybe in 1931, during which Ford was quoted as saying "I'm glad the people of this country have finally decided to go back to work."

Ford was a good engineer and entrepreneur, but he absolutely clueless on history, politics and economics. When questioned before Congress, he showed awareness of the American Revolution.

It's frightening how much ignorance there is in high places.

Although I believe Bush's comments were due to duplicity rather than ignorance. It's a pretty transparent way of dodging responsibility. I'm just surprised he can get away with saying such things in public.

[Career Prole]

35. It only adds to his appeal with his base. They like 'em dumb and strong.

He's now passed his physical and shown his scorn for the "fuzzy math". They're eating it up, I'm certain.

[thecrow]

66. Or avoid being jeered off the podium?

1. He doesn't *do* press conferences
2. He only "answers" 1 question
3. He only plays with sycophants who kiss up to him

[msgadget]

16. Anybody else apoplectic upon reading this?

There's too much to pull apart here...overload, overload! Bald faced lies... Buy US products? WHAT US products? Social Security is the cause of the deficit?? STRONG DOLLAR policy? It's too much...

Edit to add, this is obviously a message to the lemmings who, as we know, aren't reality based.


>The White House itself will be an imposing force. Using the pulpit of the presidency, Bush rallied support for repeated tax changes and other controversial legislation in his first term, facing down sometimes vigorous pressure-group opposition. White House aides said the conference today is the opening salvo in what will be a massive public relations campaign to raise the popularity of Bush's plan.<

http://www.washingtonpost.com/wp-dyn/articles/A64846-2004Dec14.html?referrer=email

[hatrack]

53. Is the paragraph you cite meant to be "journalism"?

Just wondering . . . :eyes:

On edit: not rolling eyes at you - rolling eyes wildly at the Washington Post!

[3days]

18. Just buy more American made Bibles

That'll do it.
Problem solved.
Go back to watching Survivor and sleep tight while our missile defense system fails you and our borders are wide open.
Sleep little sheepies
Sleep the sleep of ronald reagan

[napi21]

19. Yea, I'll believe it when I see it!

All his buddies want to keep the $$ low. I listened to Trump on Larry KInk the other day. He said it's a great thing that the dollar is so low...more people come to the US to vacation and buy stuff. We all know Shrub isn't going to go against his friends, so don't hold your breath on this one.

[Mountainman]

21. If he was Pinocchio he wouldn't even be able to walk into a room by now.

[tabasco]

22. Bush can get Schwarzenegger to call the dollar a girly currency!

About as effective as Bush's lame blatherings.

[VegasWolf]

26. No, he'll try to get Schwartzey to call the euro a girly-boy currency! n/t

[tom_paine]

23. Like Hitler saying "My policies are designed to benefit the Jews."

Exactly like that.

Of course, as Imperial Amerika is NOT a Free Country and does NOT have a Free Press, this lie, like literally THOUSANDS of others told by Der Bunnypants*, will slide easily into the minds of the Imperial Subjects of Amerika.

War is Peace
Slavery is Freedom.
Ignornace is Strength.

And how long until one of these Bootlicking Subjects repeats that onsensical claim considering the dollar is as weak as it's been in what, like 40 or 50 years?

[TahitiNut]

27. Precisely! Are they lying? Well, if their lips are moving ...

... they're lying. Never in my six decades on this planet have I witnessed such an outright fraudulent, corrupt regime! Not in ANY country! These people are appalling. War criminals who belong in prison. :grr:

[sweetheart]

40. Its really pathetic

Obviously, they can't be "seen" to be doing what they're doing,
(defaulting on a massive debt), so they mimic the words of strong
dollar whilst running up the credit card to bankrupt the government.

That ANYONE takes them credibly.... doubtful any central banker
the world over takes bush at his word. The numbers speak all.

Prison is the ONLY place where these criminal incompetents belong.

[Art_from_Ark]

65. The dollar has weaked against individual currencies at one time

or another, but I cannot think of a single time before bu$hCo that it fell so far against so many major currencies at the same time.

Back in the '80s when Nutty Reagan was trying the same damn smoke-and-mirrors ploy, my Japanese professor said it was embarassing to see the US resort to voo-doo economics to try to stimulate the economy.

[DrDebug]

25. And the faith based politics are working

The dollar only lost a half a cent today!!

[neverforget]

28. Pledges a strong dollar so that means he wants a weak one.

He always says one thing and does another.

[TexasChick]

30. Yeah, you gotta hand it to the Chimp, this is the only one thing going for

him. His master at manipulating the truth and then turning right around and doing the opposite. Why don't he just get it over with when he does the opposite eah time and say "Ha, suckers!"

[Anakin Skywalker]

48. Right. The Safe Thing to Do

as far as Shrubby goes is to assume he will do the OPPOSITE of what he says. Shrubby, being a mentally immature "man", is stuck in the perennial grade-school prank of Opposite Day. Sadly, this prank of his is disastrous for all of us because of his position of power.

[TexasChick]

29. Yeah, sure Chimp. I guess this is another shining example of your faith

based initiatives. How can anyone looking and having a conversation with you keep from busting out into hysterical laughter thinking about all the idiotic things you've said these last four years, I'll never know!! Good grief, another four more years of this smirk's idiocy! Lord, please spare us all somehow!

[eallen]

31. I've shifted my investments into other currencies...

I guess some might look at that as unpatriotic. I figure I have no obligation to sacrifice myself to this administration's terrible fiscal policies. Let those who voted GOP hold tight to their dollars until the last devaluation. Those of you who want CDs denominated in Canadian dollars, Australian dollars, and other sounder currencies can purchase them through Everbank (http://www.everbank.com/).

[TexasChick]

32. Thanks for the link! n/t

[mcscajun]

33. It's Simple, really...

"We're going to take this issue on seriously with the Congress," the president said, after Berlusconi raised concerns about the dollar's fall.

And that's all it will take; just bring it up before Congress...yeah...they can fix Anything.

Bush has got to be the biggest dipshit in modern history.

[MasonJar]

37. George Bush lies about everything.

[struggle4progress]

38. Rhetoric designed by Beevis. Policy designed by Butthead. eom

[sweetheart]

39. Yea yea... strong dolllar RUUULES... uhhh uhhhhu.

:-)

[Anakin Skywalker]

49. LOL!

Good one! :)

[athenap]

41. Underwear goes inside the pants, Mr. Preznit

'"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."'

I wonder if he was wearing an Italian suit when he said this...

[Career Prole]

47. LOL!

Welcome to DU, athenap! :hi:

[TheFarseer]

43. I guess we're going to have a weak dollar policey then

because he does the opposite of eveything he says

[Javaman]

46. more from the texas souffle...all hot air..

Just let me know how he's going to pay off the deficit when he adds 2 more trillion to it to pay for his fucked up SS overhaul, then maybe I'll listen, until then, he can go fuck off.

[abelenkpe]

51. I know bush is bad for the economy

But ever since the election the stock market has gone up. Around 500 points or so.

I read conflicted reports on consumer spending and job creation daily. I've been expecting the economy to take a dive for some time now. How long can it teeter along? When do you think it will become obvious to everyone that the administration's policies are bad for the economic health of the majority of Americans?

[VegasWolf]

54. It's known as a bear trap! Don't get caught in one! n/t

[hatrack]

56. Whatever tiny little umbilicus connects the markets with reality . . .

Well, let's just say it's feeling some strain of late.

Kind of like yesterday - interest rate hike, 5,000 layoffs announced the previous day, metro Phoenix home foreclosures running at 300 a week, and the little hamster-money wheel just spun faster and faster.

[VegasWolf]

63. Hey, Hatrack, that "umbilicus" must be about the size of bush's dick. n/t

[pscot]

60. This is what is known technically as a "dumb-ass rally"

Ride at your own risk. Keep one hand on the ripcord at all times.

[Ediacara]

55. Strong dollar?

If he wanted a goddamned strong dollar he would have continued Clinton's economic policies from the late 90s, not driven our economy into ruin, and not crashed the dollar.

But we all know about the vitriolic hatred that the GOP has for anything Clinton, so to be the unClinton he had to destroy the world's currency markets.

[VegasWolf]

57. Chimp wouldn't know a strong dollar if it slapped him in the face. n/t

[Inland]

58. And what does Congress have to do with the dollar?

Aside from tariffs lowering the demand for foreign goods, there isn't a thing Congress can do. Bush is such a dick.

[Deja Q]

61. He* has pledged SO MANY THINGS yet DIDN'T COME THROUGH ON ANY,

why should any one believe him?

What's left to say?

[Vidar]

67. Must mean the SOB is going to resign.