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Snafu
 
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"John H" wrote in message
...
Some folks want to complain that Bush has done a bad job with our economy.
Perhaps they should check the rest of the world. Last week France broke

the
double digit unemployment rate. This week Germany does even worse. Note,
especially, the second paragraph and the last section on the US economy.


In spite of Europe's economic conditions, their currency is doing far better
than ours. That's is just a fact. The article you quoted says the
Euro-Dollar conversion may get back to $1.26. Well, that's still above
where it was in most of 2004 as the Euro soared against the Dollar.
(http://finance.yahoo.com/q/bc?s=EURU...y&l=on&z=m&q=l)
Our out-of-control debt is the prime reason for the rise of the Euro against
the Dollar. Bill Gates and Warren Buffet are concerned enough about the
Dollar that they are investing their assets overseas.
(http://quote.bloomberg.com/apps/news...nist_pesek&sid
=anG6GRlMcrz8)