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'Amero coming within decade'
derryb
Posts: 37,619 ✭✭✭✭✭
No Way Out: Stimulus and Money Printing Are the Only Path Left
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David J Weygant Rare Coins website: www.djwcoin.com
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
About the only thing the company in the article is legitimately trying to do is sell their commemorative...
You are doing well, subject 15837. You are a good person.
In a tin foil can,
Tha's.......Amero!"
Member ANA, SPMC, SCNA, FUN, CONECA
It's true, but the coin will have a hammer and sickle.
<< <i>If the US dollar collapses, the amero is a distinct and real possibility. >>
If the US dollar collapses, world wide chaos is a distinct possibility.
<< <i>If the US Dollar collapses? How about it already collapsed. A US dollar is now equal to a Canadian dollar. In addition, the Euro is killing the US dollar. Go to Europe with US Dollars and the exchange rate will leave you with crap. If the Fed decides to lower the interest rate any further, then it will guarantee the death sentence on the dollar. I'M BUYING GOLD AND DUMPING ALL MY DOLLARS. >>
So, the worst has happened? We seem to be doing OK. That wasn't so bad, was it?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Will not happen...this is more "sky is falling" economics...and I love how the article mentions how Mexico is "a dragging component..."! Talk about killing a concept on the drawing board. Yeah, it would give Mexico's economy a HUGE boost, but at the expense of the American, and even Canadian, economies. Actually, would probably blow both economies away, and then so much for the "regionally competing currency" idea.
About the only thing the company in the article is legitimately trying to do is sell their commemorative... >>
Actually, World Net Daily has no vested intererest whatsoever in selling Amero coins. They have not received even one cent from Amero coin sales. The North American Union concept has always been a hot topic with them, and when I issued my coins they continued the saga.
Member ANA, SPMC, SCNA, FUN, CONECA
<< <i>If the U. S. dollar has already collapsed, it sounds like a buying opportunity. >>
The dollar is down 35% since 2001, 52% since 1985. Strong buy? I don't think so.
<< <i>If it's on the internet it must be true!
i would guess it is a combination of america and latino.
see this wiki http://en.wikipedia.org/wiki/Latino
it should be called the crapolla.
"In my Italian self-study course, I have just learned about the suffix -ino and -etto to indicate smallness, and -one and -otto to indicate largeness."
another link
Will’sProoflikes
<< <i>
<< <i>If the US dollar collapses, the amero is a distinct and real possibility. >>
If the US dollar collapses, world wide chaos is a distinct possibility. >>
It's not "if", it's when. The dollar has been inflated to a point of no return.
It's not world chaos since the dollar will no longer be the currency of the world. Countries are dropping the dollar like a diseased cat. Here's the latest.
Qatar & Vietnam ditch the dollar
I know you doubters don't know ANYTHING. You don't know who owns this country. You don't know the Federal Reserve is a PRIVATE bank run by foreigners controlling our economy. You don't know what a CAFR is. You don't know there's no law requiring you to pay an income tax. You don't know what devaluation of your dollar is. You don't know about the hidden tax induced by Fractional Reserve Banking. You're just a bunch of lazy cool aid drinkers and honestly you'll never matter because you can't think for yourselves. You can only watch the TV and parrot. No actual thinking on your part.
Just how sick are you going to be of the Amero when you'll be burying your greedy little hands into it to pay your bills?
Five years ago, former Mexican President Vicente Fox gave a speech in Madrid, Spain, in which he stated the following:
"Eventually, our long-range objective is to establish with the United States, but also with Canada, our other regional partner, an ensemble of connections and institutions similar to those created by the European Union, with the goal of attending to future themes as important as the future prosperity of North America, and the freedom of movement of capital, goods, services and persons.
The new framework we wish to construct is inspired in the example of the European Union."
The top TWO richest people in the world are MEXICAN, not American.
The EU started as a "harmless" "trade" agreement, now it's a government that supercedes the laws of it's member nations. 5 out of the 9 judges on the supreme court stated they would refer to UN laws over US laws.
You better be SICK of the AMERO! I'm sick of IT! It's coming to your life whether you want it or not because you're too lazy to use your brain to stop it.
Rob
The Best Economy Ever?
It's time to start taking seriously the proposition that the American economy under the Bush administration is the best in the nation's history. This morning the White House expressed entirely appropriate pride in the country's economic achievements on its watch:
Today, the Bureau of Labor Statistics released new jobs figures – 110,000 jobs created in September. September 2007 is the 49th consecutive month of job growth, setting a new record for the longest uninterrupted expansion of the U.S. labor market. Significant upward revisions to employment in July and August mean employment growth has averaged 97,000 per month over the last three months. Since August 2003, our economy has created more than 8.1 million jobs, and the unemployment rate remains low at 4.7 percent.
Real after-tax per capita personal income has increased by over 12.5 percent – an average of over $3,750 per person – since President Bush took office. More than 30 percent of the Nation's net worth has been added since the President's 2003 tax cuts.
Real wages have grown 2.2 percent over the 12 months that ended in August. This is much higher than the average growth rate during the 1990s, and it means an extra $1,266 in the past year for a family with two average wage earners.
Real GDP grew at a strong 3.8 percent annual rate in the second quarter of 2007. The economy has now experienced nearly six years of uninterrupted growth, averaging 2.7 percent a year since the turnaround in 2001.
The stock market is at record highs, unemployment continues at historic lows. What's not to like? Of course, one can always question the link between prosperity (or the lack thereof) and government policies. But in President Bush's case, it seems pretty obvious that his tax cuts prevented what could have been a disastrous downward spiral. At a time when our economy was subject to the double-whammy of recession and the bursting of the tech bubble, the terrorist attacks of September 11, 2001 could easily have sent the economy into a tailspin.
By the same token, I don't think any serious observer doubts that the policies the Democrats want to adopt will damage the economy. The Democrats want higher taxes:
If Congress lets Bush's tax cuts expire, it would increase taxes by more than $1,800, on the average, for a family of four making $60,000 dollars a year. Small business owners would see their taxes go up by almost $4,000, and families with children would pay an additional $500 per child.
Beyond that, the adverse economic consequences of socialized medicine are incalculable. And we haven't mentioned what would happen if the federal government started mandating the shut-down of industry so as to reduce carbon emissions in a superstitious attempt to control the weather, while China and India do nothing of the sort.
I became a Republican mostly because experience and observation taught me that free enterprise works, and socialism doesn't. Those issues have been more or less off the table in recent years because of the downfall of international socialism, the relatively enterprise-friendly Clinton administration and the Republicans' failure to control spending while they controlled Congress. But the economic issues may be about to emerge once again, as Americans consider whether they want to abandon the successful policies of the Bush administration.
To comment on this post, go here.
Posted by John at 8:03 PM | Permalink | |
Link. Scroll down.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>then it will guarantee the death sentence on the dollar. I'M BUYING GOLD AND DUMPING ALL MY DOLLARS. >>
Let's all hunker in the bunker.
Rob,
You REALLY need to talk to the people at The Onion about a staff writing job.
Russ, NCNE
Russ, are you saying the Onion is BS? Damn!!......bummer
<< <i>The more important question would be, would the Amero be considered liteside or darkside, and would it be allowed on the US coin forum, or would it be discussed and collected on the world coin forum? Inquiring minds want to know. >>
Ameros are a proposed replacement for US coins and presumably they would become "US coins" if they ever became a reality, kind of like French Euro coins. Also, fantasy Ameros are currently made in the US.
They probably belong in the US coin forum unless the talk was about Mexican Ameros.