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when i saw the price of the euro today i was curious how much bush

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bullimiami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:01 PM
Original message
when i saw the price of the euro today i was curious how much bush
has screwed us with his mismanagement of the economy and his bumbling arrogant world affairs.

in Jan 2001 you could buy a euro for 88 cents
now a euro costs 1.26

we have lost 38 cents per dollar or more than 1/3 of our buying power because of these arrogant bastards.

deep shit?
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:02 PM
Response to Original message
1. Up to his flapping ears.
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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:05 PM
Response to Original message
2. That's how ya keep 'em down on the farm
How many average Americans can even afford to travel to Europe or elsewhere anymore? Even the loonie in Canada is costing more and more, resulting in fewer trips over the border....
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:09 PM
Response to Reply #2
4. Agree. BushCo doesn't want people to travel overseas...
Exposure to other ideas and ways of doing things, particularly Western Europe and Canada, is bad bad bad in Bushworld.
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garybeck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:08 PM
Response to Original message
3. check gold and the canadian dollar too
this shows that the indicators they're using (stock market, inflation rate) to say the ecomony is doing "great" do not tell the whole story

this affects me directly. my income is US dollars but my son goes to college in canada. every time Bush does another stupid thing, it costs me.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:20 PM
Response to Original message
5. Losing a third of our buying power is but a small price to pay to have
the reich wing agenda implemented.
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Pab Sungenis Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:29 PM
Response to Reply #5
7. As Malloy would say
"BUT AT LEAST THE QUEERS CAN'T GET MARRIED!"
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Pab Sungenis Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:28 PM
Response to Original message
6. The Canadollar is even more telling.
The Canadian Dollar hasn't had parity with the U.S. since the inflationary period of the Nixon years. Today it's at 90 cents, on track for parity.

When will people realize that his economic policy is a DISASTER?
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Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:33 PM
Response to Original message
8. Yes the economy is in the shitter
for most of us working stiffs

But at least Freedom is on the March!:patriot:

So get a grip slacker! can't you see our commander in chief is doing the best he can?:sarcasm:

It's hard work!:nuke:
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-12-06 03:38 PM
Response to Original message
9. It's worst than than that, November 2000 was when the Euro began to...
Edited on Fri May-12-06 03:39 PM by Up2Late
...recover it's value.

http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/12/13/img/77+X_SUSDEUR+bbc-big_thick-line+twelve_month.png
Note: This is the past 12 Months of the Dollar to Euro

<http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/12/13/twelve_month.stm>

Check out this story from October 25, 2000, unfortunately, it looks like the BBC is starting to prune down some of their archived stories. They used to have the full stories on-line, but it looks like they've edited them now to only show the first 4 paragraphs, here's one of the few still available:

<http://news.bbc.co.uk/1/hi/business/990040.stm>
Wednesday, 25 October, 2000, 16:36 GMT 17:36 UK

Euro drops below $0.83 record low





Europe's single currency, the euro, has taken yet another tumble to reach a new lifetime low.

Currency traders blamed a big euro-dollar transaction by one company for the slide, and said there was a lack of will by central banks to boost the euro.

On the world's largest currency market, London, one euro bought as little as $0.8250 late on Wednesday afternoon. It has now lost nearly 30% of its value against the dollar since it was launched in January 1999.

The euro is now more than one cent below the level at which the world's leading central banks intervened to prop up the ailing currency.

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