Comments on: Euro Reaches New High Against Dollar

Gloomy U.S. Indicators Push Pan-European Currency To More Than $1.50 For First Time

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by rudy654-2009 February 27, 2008 6:04 PM EST
Wal Mart failed in Germany because they couldn''''t compete with local retailers. Too much competition. Posted by mk4711 at 02:58 PM

We don''t believe in competition in the US, we believe in corporate monopolies and corporate welfare, but not competition. Good for Germany!
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by rudy654-2009 February 27, 2008 6:03 PM EST
this is a non story to the worthless libs that post here...you dont have any dollars to convert to euros anyway, so dont waste your time here making childish bashes at bush, i suggest getting a job and start relying on yourself, not the government... if not have a good day of complaining about your worthless lives
Posted by jwind11 at 07:53 AM

Oh look it''s mr. corporate welfare. HELLO!!! How are you today? Getting another fat welfare check under the guise of helping you? Will you be on the internet all day while the rest of work to pay for your corporate welfare? The only people who don''t contribute anything to the economy is people like you. Don''t project your trailer trash mentality on the rest of us. Now, back to Wal-Mart with you.
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by mk4711 February 27, 2008 5:58 PM EST
I''m European and spent 2 weeks in the southern US. Actually converted in our euro almost everything is too cheap. Sometimes the convertion results are just ridiculous. It was good for us, but honestly - it makes absolutely no sense and it''s really not fair. Prices for taking a bus for example. I think I paid $1 for an inner city bus ride. In Germany we pay 3 Euro or more (!) and we think that''s okay. Gas was very cheap as well. In Germany 1 litre sells for 1.35 Euro at the moment. Nothing spectacular. That''s $7.75 for 1 gallon, provided that 1 gallon equals 3.785411784 litres and 1 Euro equals $1.50. Please correct me, if I''m wrong. I''m quite shocked now. And that is still cheaper than in the Netherlands next door. On the other hand Wal Mart failed in Germany because they couldn''t compete with local retailers. Too much competition. Crazy. Anyway, in the US I had the impression that lots of people lack purchasing power. I don''t know why. The tax burden is said to be much lower in the US. Gas, eletricity etc. is so expensive in the EU because it is so heavily taxed. Well, all this seems so out of proportion that I''m sure it''ll bounce back to normal rather soon.
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by isacro77 February 27, 2008 5:52 PM EST
Hmmm! be sure your sin will find you out... the sin of greed is what is destroying this great nation, every man has an inner greed and wants their benifit sufficed...example:
1. banking practices- abuse of mortgage for their benefit
2.Jobs outside of us- ceo''s personal greed...who give a lik about america
3.War- greed to try to make a name
4.Cancer- chemicals in our foods to make chicks grow faster and sell faster (greed)
5. i can go on forever but time does not allow me

answer: to our problems: REPENTANCE AND TURNING BACK TO JESUS. THE ONE THING THAT MADE THIS NATION A GREAT ONE.
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by peacedreamer-2009 February 27, 2008 4:12 PM EST
I can remember when everyone thought it was good for the economy to shut down American industries and buy cheaper products from overseas. Remember the Youngstown Sheet & Tube and the way its assets were stripped off by a foriegn holding company and then the highly profitable steel mill was turned to scrap in a single day, and everyone practically applauded because it would decrease competition from the other American steel business and drive prices up overseas? I remember everyone thought it signaled a new era in the American economy. I guess it did, but not in a good way...
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by liberalme February 27, 2008 3:52 PM EST
Time to put Bush''''s picture on all devaluing US money. These Bush bucks will serve as a reminder to the public to never vote for anyone advocating voodoo economics again.


Posted by omega39 at 09:48 AM : Feb 27, 2008

I love it!!! Bush Bucks--monoply money would have a higher value!!!
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by liberalme February 27, 2008 3:49 PM EST
hummmm high euro meanin..its more expensive to buy european products..weak dollar TRITTION DOLLAR WAR..europeans buying cheap american products MADE IN CHINA...creating more jobs OVERSEAS..more employees earning.HIGHER PROFITS .more taxes ON AMERICANS..more dollar ???? ..

we would feel te he benefit of this is a few years SAY WHAT???

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by random_radar February 27, 2008 3:24 PM EST
The dollar is becoming worthless because the Fed is printing money and the government is spending money as fast as they can. That is what inflation really is.

Think about it--we are fighting an expensive war and spending increasing amounts of money on domestic programs, but your taxes are not going up. How can that be?

It''s easy when the government just prints money. Much easier than raising taxes. But it devaluates the currency because there are more dollars buying the same number of goods and services.

Inflation is the new form of taxation. Not one person in a hundred recognizes what is going on despite the ongoing destruction of the economy. You will wake up a destitute slave of totalitarianism and never understand how you got there.
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by yongamerica February 27, 2008 2:57 PM EST
The headline should read: Dollar falls to new low. The tax break to the rich, shady banking practices, loss of manufacturing jobs to overseas, unregulated payouts to the defense industry and the cost of war and rebuilding in Iraq and Afghanistan have all taken a toll on the dollars value. Its not that the cost of gas food and housing is getting higher, the value of the dollar is diminishing. The value of a dollar today is equivalent of under 30 cents in the sixties.
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by mcvet February 27, 2008 2:48 PM EST
hummmm high euro meanin..its more expensive to buy european products..weak dollar..europeans buying cheap american products...creating more jobs..more employees earning..more taxes..more dollar ..

we would feel te
he benefit of this is a few years


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Posted by libsrweak at 11:03 AM : Feb 27, 2008
+ report abuse

Yeah right... just like you Nazi''s were going to cut spending and balance the budget, right? ROFLMAO Folks if you are bying the line these nazi''s are selling you deserve the results. ROFLMAO Sieg Heil Y''all ROFLMAO
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