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American business pursues Euros as dollar grows worthless.

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Mugsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-10-08 12:03 PM
Original message
American business pursues Euros as dollar grows worthless.
 
Run time: 02:37
https://www.youtube.com/watch?v=2YovSAjdjnI
 
Posted on YouTube: February 10, 2008
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: February 10, 2008
By DU Member: Mugsy
Views on DU: 777
 
As the value of the U.S. dollar continues to plummet, loosing 50% of its value against the Euro since George W. Bush took office in 2001, American businesses are now actively courting European shoppers. Places that once accepted dollars now refuse them. Meanwhile, the U.S. real estate market is booming as Europeans buy up American property at bargain prices.

Good news though, the value of the dollar is expected to climb again as soon as George Bush is out of office.

Bonus "Family Guy" scene thrown in for fun.
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trthnd4jstc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-10-08 12:24 PM
Response to Original message
1. Restore our economy now
There is no easy way to get our way out of this fix. Restore the 32% top end tax rate. Increase taxes on Dividends, and restore the Inheritance Tax. Force a balanced budget. Prosecute our war criminals. Apologize to the world for 8 Years of Reptilian Stupidity. Decrease the Pentagon budget. Tax Breaks for companies that keep jobs here. End Nafta. End China in the WTO, unless their currency is going to not be artificially kept low. Some ideas...
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navarth Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-10-08 02:47 PM
Response to Reply #1
2. before you can fix all of that.....
you'll need media reform and election reform, it seems to me

k/r
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-10-08 03:30 PM
Response to Original message
3. But..but...Europe Is Full of Socialist Countries
How can their currencies be worth more than ours?

:sarcasm:
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Voice for Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-10-08 10:03 PM
Response to Original message
4. was that "I'm just like Barbara Bush?"
is that the Texas mother with the brain damaged son?
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