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Canadian Dollar reaches $1.10 USD

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Slayton Ford Ill Tempered Bus Drivers	Posted - 2007.11.12 07:11:00 - [121] Originally by: Cipher7 It is in the best interests of Republi****s to have a bad economy and a crappy education system. Uneducated people = Republican voter base The Poor = US Army recruits You sir, are an absolute idiot. If Republicans want a crappy ed system, then why are they wanting school choice? Why do they want to give kids the opportunities to get out of bad schools? Why do the dems support the teachers unions to the point where they take their marching order from them? The teachers unions which oppose any sort of compentcy testing on tenured teachers? You say the uneducated is the Rep voter base. Yet isnt it the Dems who are (and have always have) gone after the uneducated immagrant vote? In the current state, its the mexican vote. 140 years ago it was the Irish and Italian. Finally, your statement off Poor = Army Recruit is patently false. Since 2001, recruitment in the army has normalized to the point that the class breakdown of army recruits matches the population as a whole. --------------- This sig has been censored in fear of recieving the ban hammer...
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 08:01:00 - [122] Originally by: Slayton Ford Finally, your statement off Poor = Army Recruit is patently false. Since 2001, recruitment in the army has normalized to the point that the class breakdown of army recruits matches the population as a whole. Actually, since the War in Iraq and Afganistan started, poor households are becoming less and less represented, while the top 20% richest households are becoming more over-represented.
Brutus Proqqus	Posted - 2007.11.12 12:13:00 - [123] I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P
Mary Makepeace Caldari Neh'bu Kau Beh'Hude Ushra'Khan	Posted - 2007.11.12 12:22:00 - [124] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P Nice to look at but you will need to mortgage the house in order to start the engine.
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.12 13:26:00 - [125] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P Nice plan. I had some similar thoughts, why does CCP charge the same number of Dollars and Pounds for the same service is what baffles me. Just buy everything in dollars, and the British price of living drops quite a bit (dismissing perishables) for books, computers ect. Originally by: CCP Morpheus Post with your alt.
Saladin Minmatar Eternity INC. Mercenary Coalition	Posted - 2007.11.12 14:05:00 - [126] Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago.
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.12 15:53:00 - [127] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago. a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly.
Battleclash	Posted - 2007.11.12 16:31:00 - [128] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago. Things like this make alot of people worry about travel plans cause most of ya think about what you have to pay. The reason I've been able to travel so much around the world is because I get paid to. When I set out for another country I find work on a ship either cooking or any side help the crew needs. Once I get to my country of destination I travel around and see the sights and generally ask around if anyone needs help for room and board and maybe a few dollars. This has allowed me to see most of Europe and a majority of Asia. I'm currently am hitting up all 50 states (although I might skip Alaska). After Honolulu I'm thinking of maybe checking out the continental prison colony (Australia for those who dont know) then getting back into China to get up to Russia (depending on how they're doing). Originally by: Vladimir Ilych Stupidity is universal.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.12 17:13:00 - [129] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P We haven't made a good muscle car in the past 35 years
Saladin Minmatar Eternity INC. Mercenary Coalition	Posted - 2007.11.12 18:27:00 - [130] Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations?
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.12 19:04:00 - [131] Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the ** had hit the fan if China started investing in USA though. Originally by:** CCP Morpheus Post with your alt.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 19:26:00 - [132] Originally by: Saladin Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? They were not scams. They were all legitimate and legal. Home buyers signed on the dotted lines. No interest or low interest for several years and a low down payment. They knew exactly what they were getting, and the banks knew exactly what the home buyers credit rating and income were. Both parties ignored the realities that in a few years higher interest rates would kick in and the monthly payment would go up quite a bit. The banks wanted someone to sign the line, the the home buyers only cared about the monthly payment for the next two years. The only real scam in mortgage loans is were a mortgage company in PA was taking mortgage payments, but not paying the banks. That was a scam. But in general, all these low initial interest loans were not a scam. The Federal reserve isn't bailing out any banks. Give it time and a consistent weak dollar to fuel the economy. You need time to build the factories, train the workers and lay off and close down the factories overseas first, unless they go to China.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 19:31:00 - [133] Originally by: Kirjava Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the **** had hit the fan if China started investing in USA though. Europe has already been buying companies in the US because of the dollar. At least 69 companies have been bought by Autralia, Saudia Arabia and Europe to increase their markets in the US.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.12 20:38:00 - [134] Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing.
Geliebte Kettensage Nouveau Riche	Posted - 2007.11.12 20:49:00 - [135] Originally by: Alias11 Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P We haven't made a good muscle car in the past 35 years Yeah you have! The mark II mustang was 'TEH ROXOR!'. /me coughs I do want one of the new mustangs though. and Its only ú13000 for a V6 jobby. but by the time i've paid import taxes, re-registered it, and adapted it for the UK, it'd cost me somewhere in the region of ú20000. thats $44000 or there abouts
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.12 21:03:00 - [136] Originally by: Saladin Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? That's a lot of it, the US has off-shored most of there manufacturing becuase the dollar was so strong, now, there is incentive to bring some of those jobs back, or failing that, start expanding in the US in the future.
mama guru Gallente Corp 1 Allstars Insurgency	Posted - 2007.11.12 21:46:00 - [137] The USD is "Legal Tender". This means that it is backed by nothing, its only worth the paper its printed on. The one and only thing that gives it value is how much of it is in circulation. So when the US started to icrease its defense spending after 9/11, more money came into circulation and thus the only logical outcome was a drop in the USD's value. *signature removed - please email us to find out why (include a link) - Jacques([email protected]) EVE is like the "Fisherman's Friend" of MMOs. If it's too hard, you are too weak.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.12 23:49:00 - [138] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. Just partially quoting you, btw. Last time I was in the US, I went to exchange some Can$ and received a 1.20% exchange rate in my favor. Keep in mind this was when my dollar was worth.. oh... around .80 . I had a bit of a laugh with the gf, then got her to go in and change her money too ;) Obviously, the teller was either dense or new (or both). Though it was nice to enjoy a few more dinners out on the banks' tab, I'll tell you that. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.12 23:56:00 - [139] Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.13 00:56:00 - [140] Originally by: Mr Friendly Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. Dude, look at France's agriculture... When I was living in Spain we ate artichokes every damn day because you could buy them for a few cents. This is because the French farmers got there panties in a knot, and set up roadblocks so Spain could not export there crops. Other countries may not have the legal subsidies, but have de facto ones.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.13 01:26:00 - [141] Originally by: Mr Friendly Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. I should have said "relatively". I never meant to imply that we were some Ayn Rand wet dream, but compared to places like france or china we're FREE FREE FREEEEEEEEEEEEEEE!
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.13 10:57:00 - [142] Originally by: Ademaro Imre Originally by: Kirjava Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the **** had hit the fan if China started investing in USA though. Europe has already been buying companies in the US because of the dollar. At least 69 companies have been bought by Autralia, Saudia Arabia and Europe to increase their markets in the US. My mistake, sorry. Also about the EU not being as open as the USA, thats just the way we are to be honest - we wouldn't be different countries if we did everything the same would we?
Abraham Azadian Sharks With Frickin' Laser Beams Mercenary Coalition	Posted - 2007.11.13 11:31:00 - [143] Originally by: Alias11 I should have said "relatively". I never meant to imply that we were some Ayn Rand wet dream, but compared to places like france or china we're FREE FREE FREEEEEEEEEEEEEEE! Index of economic freedom Thx for associating france and china, is that pure ignorance or just the mandatory flag waving tard's comment on the evil french ? Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible **... me!

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