Crumbling of the US Dollar

[oddsmaker]

Gas prices are skyrocketing; experts suggest we could see up to $200 a barrel by the end of this year, moreover, high price of sweet crude oil doesn't just effect prices at the pump, instead high oil prices effect all prices as a whole. Everything we buy, eat, and drink is in someway affected by oil prices.

I believe oil prices are skyrocketing for a couple reasons: speculators, growing demand, and... the falling dollar!!!

People do not realize the significance of the falling dollar.

Now of course one argues that a weak dollar helps products made in the United States sell better, but most companys have already outsourced to other countries because of our "tax the rich" redistribute to the "poor".

Here is a graph showing the decline of the dollar:

http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined

 

[roadreeler57]

So they can source back & put the welfare hogs to work..I believe Its called workfare.. Get up off your Lazy asses motherfuckers no work = no check right?... Plenty of labor in the prisons & jails too.

 

[fletchisrhsm]

Right, its all the people on welfares fault that corporate greed and manipulation have robbed not just this country but the world as well. Globalization baby. A big step into changing this country is obviously new leadership, and im not talking about Obama or McCain. We need more fiscal conservative congressmen, not these social conservative bible thumpers. The same for these liberal democrats who not only want to inject socialism, but also have no balls and continue to get rolled up on over Iraq. And while were at it, lets get rid of these neoconservatives AKA "Undercover Liberals" who have done their best to steal from hard working Americans through phony tax cuts and deficit spending and borrowing and massive inflation. Until you people stop the false Right/Left handjob, nothing will change. Your government spends more then it takes in and is now borrowing and spending more and more of what the country can produce a year (Debt to GDP ratio), hence why you have so many economic enemy's on so many fronts. you reap what you sew bitches.

 

[TomKing]

Plenty of oil in the United States, if Congress would okay exploration.

 

[Mistermj]

Plenty of oil in the United States, if Congress would okay exploration.

Exactly...but its easier blaming everything on Bush.

It would be funny if it wasn't so damn stupid.

 

[Railbird]

we need less scumbags driving suvs and trucks, you dont see that crap in france.

 

[rollywood]

Exactly...but its easier blaming everything on Bush.

It would be funny if it wasn't so damn stupid.

its all bush's fault.every fuckin bit of it.dont kid yourself.he has bankrupted this country with this goddamned war.we are borrowing money from china to fund this fuckin war.think about it,your tax money is being used to build iraq back after we destroyed it.instabitlity in the middle east caused by dumbfuck w is why we are paying 5 dollars a fuckin gallon.when are people going to realizethat bush and his zionist pig fucks dont give a fuck about you.they are sick sociopaths.they have isolated us from the rest of the world.im done

 

[ScottL]

^^
See, we don't need Mercer. We already have more than our quota of hateful morons. Rollywood and Dilweed can fill the 'void.'

 

[Loren78]

LOL@this thread....Europe's oil went up prior to the birth of the EU...and nobody gave a damn...and to think they say when history repeats itself nobody notices....hmmm?

 

[jambolaya1]

Now of course one argues that a weak dollar helps products made in the United States sell better, but most companys have already outsourced to other countries because of our "tax the rich" redistribute to the "poor".

line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Do you have any evidence to support this "idea"

I really wish people would check their facts before posting on public forums. Fella you are putting this stuff where people can read and judge your mental acquity. Put forth an effort to atleast hide your ignorance of the issues.

I swear i can take you to a local highschool where a kid would teach you Nike has their products made in third world asian countries.

Folks get serious..Its election time and people are posting this nonsense?

Ps...My question is in regard to the idea that companies outsource because of taxation! That is by far one of the most ignorant things i have seen any one claim. Other than that, the dollar is indeed declining in value

 

[Mistermj]

its all bush's fault.every fuckin bit of it.dont kid yourself.he has bankrupted this country with this goddamned war.we are borrowing money from china to fund this fuckin war.think about it,your tax money is being used to build iraq back after we destroyed it.instabitlity in the middle east caused by dumbfuck w is why we are paying 5 dollars a fuckin gallon.when are people going to realizethat bush and his zionist pig fucks dont give a fuck about you.they are sick sociopaths.they have isolated us from the rest of the world.im done

LOL...in a word.

No.

 

[oddsmaker]

Do you have any evidence to support this "idea"

I really wish people would check their facts before posting on public forums. Fella you are putting this stuff where people can read and judge your mental acquity. Put forth an effort to atleast hide your ignorance of the issues.

I swear i can take you to a local highschool where a kid would teach you Nike has their products made in third world asian countries.

Folks get serious..Its election time and people are posting this nonsense?

Ps...My question is in regard to the idea that companies outsource because of taxation! That is by far one of the most ignorant things i have seen any one claim. Other than that, the dollar is indeed declining in value

Are you kidding me? The top 1% pay around 40% of all the tax money the government gets!

Many companies outsource due to high taxation and regulations the US government puts on them.

 

[oddsmaker]

Do you have any evidence to support this "idea"

I really wish people would check their facts before posting on public forums. Fella you are putting this stuff where people can read and judge your mental acquity. Put forth an effort to atleast hide your ignorance of the issues.

I swear i can take you to a local highschool where a kid would teach you Nike has their products made in third world asian countries.

Folks get serious..Its election time and people are posting this nonsense?

Ps...My question is in regard to the idea that companies outsource because of taxation! That is by far one of the most ignorant things i have seen any one claim. Other than that, the dollar is indeed declining in value

So during this "time" --election time-- tell me who you'd vote for?

 

[Dilrod]

Ron Paul

 

[oddsmaker]

Ron Paul

Me too. Paul represents my views better than McCain. The republican party wanted to solidify the right of center than the base like myself. I wont vote for McCain, def not Obama or Hill, so Ron it is.

 

[jambolaya1]

Are you kidding me? The top 1% pay around 40% of all the tax money the government gets!

Many companies outsource due to high taxation and regulations the US government puts on them.

I dont know why i keep falling into the same trap. I keep getting into arguments with people i assume must have at least enough intelligence to make very simple deductions and common sense arguments.

Here is this guy making one of the dumbest arguments i have seen about the exportation of our jobs. (You really should call John Mccain and ask for post of economic advisor)


I dont want to insult people, but there has got to be a limit to some ones stupidity! Seriously. All the jobs that are being out sourced are mostly blue collar, mid class jobs (to the stupid, this means manufacturing jobs, low end service industries etc etc)
And yet we have this bozo trying to convince us its the high taxation of the richest 1% of the nation that is causing this. If this were true, buddy, the jobs done by this rich 1% class would be the ones outsourced.

This is very simple logic. Nike has their shoes made in china because they only to have to pay their employess ridiculously low wages and their cost of production is much less than it would be here in the united states.

This has nothing to do with high taxes. But i am guessing you must have a raging headache by now and didnt even make it this far into my post. It simply must me over whelming to exercise your brain and figure out this third grade economics.hno:

Dont worry buddy, just sit back and tune into Rush Limbaugh and his baffoon economics classes on Wacko Radio...

 

[oddsmaker]

I dont know why i keep falling into the same trap. I keep getting into arguments with people i assume must have at least enough intelligence to make very simple deductions and common sense arguments.

Here is this guy making one of the dumbest arguments i have seen about the exportation of our jobs. (You really should call John Mccain and ask for post of economic advisor)


I dont want to insult people, but there has got to be a limit to some ones stupidity! Seriously. All the jobs that are being out sourced are mostly blue collar, mid class jobs (to the stupid, this means manufacturing jobs, low end service industries etc etc)
And yet we have this bozo trying to convince us its the high taxation of the richest 1% of the nation that is causing this. If this were true, buddy, the jobs done by this rich 1% class would be the ones outsourced.

This is very simple logic. Nike has their shoes made in china because they only to have to pay their employess ridiculously low wages and their cost of production is much less than it would be here in the united states.

This has nothing to do with high taxes. But i am guessing you must have a raging headache by now and didnt even make it this far into my post. It simply must me over whelming to exercise your brain and figure out this third grade economics.hno:

Dont worry buddy, just sit back and tune into Rush Limbaugh and his baffoon economics classes on Wacko Radio...

And what companies are employing those manufacturing jobs and etc? The top 1% percent.:tongue2:

 

[Muddy]

i am not worried
ron paul will save us

 

[ScottL]

Ron Paul For President Of Norway!!!

 

[oddsmaker]

And your words have been crystal clear in exposing your absolute ignorance of simple economics. This explains why you have the audacity to claim debt inspired growth as "prosperity"

This guy is probably one of the morons who took out one of those sub prime loans and forgot that he had to pay it back! (but hey, he was living large and prosperous before the bank came calling. We should give him credit for inspiring that growth..lmao)

I am definately smarter than you are. You sir have an understanding of our economy comparable to a knowledge of that of little girl in third grade.


Even after being given an obvious illustration of the fact that borrowing yourself into this so called prosperity is an illusion.

A falsehood apparently only geniuses like myself can see.

Ps..I am guessing that even after reading that, you are now rocking back and forth in your worn out, sweat stained, vermin infested chair. Here is a clue to alleviate that mental torture. NATIONAL DEBT!

I am going to make a guess and say that this guy actually voted for Bush...TWICE!!!

I have seen previous posters make intelligible arguments but i have to say they are wasting their time.

This guy thinks that if he takes out a loan from the bank, buys a mercedes and puts up two hookers in two apartments across town, and buys himself a diamond studded nipple clumps this means he is rich and prosperous!!!

And they let these people vote

I am off to go apply for one of those adjustable interest rate loans so i too can experience this fed inspired "unprecedented growth and prosperity" (dont worry, if my bet on the falcons to win the superbowl next year falls through, i can count on the fed to bail me out too)

Am I the only one noticing a trend? This guy has 10 posts and all but 2-3 are how he is smarter than you and I, how we are a bunch of morons, and how stupid we are? Goodness, this cat musta' bet all his money on the Celtics last night.

After reading his posts I feel like I'm back in 2nd grade on the playground. "I'm definitely smarter than you are!" "No you're not" "Yes I am!" "No!" "Fine, I'm telling Mrs. Smith on you!":nono5: