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![]() "Capt. Neal®" ranted semi-coherently ... What about liberal media talking down one of the fastest recovering economies ever? CN Fool. A fast-recovering economy doesn't have it's currency in free fall. "The U.S. dollar has been sagging against the euro, the currency used by France, Germany and 10 other European countries. After Greenspan's remarks, which spurred traders to dump more dollars, the dollar fell again, flirting with a record low against the euro. The value of the greenback dropped to a 4 1/2-year low against Japan's yen." "It seems persuasive that, given the size of the U.S. current account deficit, a diminished appetite for adding to dollar balances must occur at some point," Greenspan said. That, in turn, could elevate the cost of financing the deficit, he said. On Wall Street, Greenspan's warning sent stocks down. The Dow Jones industrials lost 115.6 " John Cairns "thunder" wrote in message ... On Sat, 20 Nov 2004 17:00:23 -0500, =?iso-8859-1?Q?Capt._Neal=AE?= wrote: God Bless our wonderful president and God Bless Bob Crantz for advocating virtue in this heathen group of pretend sailors. What the hell has conservatism have to do with the present President? Since when has adding $2.4 trillion to the federal debt been considered conservative? Since when has having the most closed and secretive administration in this country's history been considered conservative? Who said, "I don't have any respect for the Religious Right." Yup, Barry Goldwater. This administration isn't conservative, it's facist. http://liberalslikechrist.org/about/goldwater.html |
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