Talking about the dollar...
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I read that the US dollar is so bad that Heidi Klum refuses to be paid in US dollars. At least the US dollar is worth more than the Canadian dollar. When it got to the 1-to-1 ratio I thought Bush might invade. -- modified at 15:57 Monday 19th November, 2007 I've had a few posts saying they are equal or CAD is worth more. I use http://www.oanda.com/convert/classic[^] I was reading the numbers backwards. My bad. -- modified at 15:59 Monday 19th November, 2007
leckey wrote:
I read that the US dollar is so bad that Heidi Klum refuses to be paid in US dollars.
Bwahaha. A German national refuses to be paid in US dollars? I think this says more about Heidi Klum than it does the currency. What about the other non-American-30-somethingish-former-supermodels? Will they still take USD? Did you read this in the economics section of Cosmo? I need a citation. Let me know when Britney refuses US dollars. Only then will I worry. And, as a couple of people have already pointed out, the Canuck Buck is kicking ass and taking names. Up to $1.09USD, before retreating slightly. We're passing a hat around the office and once we have $25CAD (several million US), we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it. Share and enjoy. Sean
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leckey wrote:
I read that the US dollar is so bad that Heidi Klum refuses to be paid in US dollars.
Bwahaha. A German national refuses to be paid in US dollars? I think this says more about Heidi Klum than it does the currency. What about the other non-American-30-somethingish-former-supermodels? Will they still take USD? Did you read this in the economics section of Cosmo? I need a citation. Let me know when Britney refuses US dollars. Only then will I worry. And, as a couple of people have already pointed out, the Canuck Buck is kicking ass and taking names. Up to $1.09USD, before retreating slightly. We're passing a hat around the office and once we have $25CAD (several million US), we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it. Share and enjoy. Sean
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leckey wrote:
I read that the US dollar is so bad that Heidi Klum refuses to be paid in US dollars.
Bwahaha. A German national refuses to be paid in US dollars? I think this says more about Heidi Klum than it does the currency. What about the other non-American-30-somethingish-former-supermodels? Will they still take USD? Did you read this in the economics section of Cosmo? I need a citation. Let me know when Britney refuses US dollars. Only then will I worry. And, as a couple of people have already pointed out, the Canuck Buck is kicking ass and taking names. Up to $1.09USD, before retreating slightly. We're passing a hat around the office and once we have $25CAD (several million US), we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it. Share and enjoy. Sean
Sean Michael Murphy wrote:
Bob and Doug McKenzie, Wayne Greztky and Don Cherry
wearing toques and drinking from stubbies. :)
Chris Meech I am Canadian. [heard in a local bar] Donate to help Conquer Cancer[^]
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Eddie George, former Governor of the BoE, went on the record to state that he planned the utterly ridiculous rise in property prices in order to stave off recession - recession which was thoroughly due! But it's pathetic short-term thinking like this that screws everyone in the long run. The current housing market is a bubble about to burst - as Adam Smith said, if prices stay high for a long time and production doesn't ramp up to meet the demand, then there is something acting to keep those prices artificially high - and when it bursts just think how many people will be forced into negative equity.
"On one of my cards it said I had to find temperatures lower than -8. The numbers I uncovered were -6 and -7 so I thought I had won, and so did the woman in the shop. But when she scanned the card the machine said I hadn't. "I phoned Camelot and they fobbed me off with some story that -6 is higher - not lower - than -8 but I'm not having it." -Tina Farrell, a 23 year old thicky from Levenshulme, Manchester.
martin_hughes wrote:
Eddie George, former Governor of the BoE, went on the record to state that he planned the utterly ridiculous rise in property prices in order to stave off recession
WTF! Got any links? Thats the most incredible acusation I have seen on the SB. If you can back it up its the most incredible piece of bullshit government I have ever dheard of!!!!
Truth is the subjection of reality to an individuals perception
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leckey wrote:
I read that the US dollar is so bad that Heidi Klum refuses to be paid in US dollars.
Bwahaha. A German national refuses to be paid in US dollars? I think this says more about Heidi Klum than it does the currency. What about the other non-American-30-somethingish-former-supermodels? Will they still take USD? Did you read this in the economics section of Cosmo? I need a citation. Let me know when Britney refuses US dollars. Only then will I worry. And, as a couple of people have already pointed out, the Canuck Buck is kicking ass and taking names. Up to $1.09USD, before retreating slightly. We're passing a hat around the office and once we have $25CAD (several million US), we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it. Share and enjoy. Sean
Sean Michael Murphy wrote:
What about the other non-American-30-somethingish-former-supermodels? Will they still take USD?
Does anyone really give a shit?
Sean Michael Murphy wrote:
we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it.
Amen, brother Canuck!
"I know what you know and you don't know what I know."
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Sean Michael Murphy wrote:
Bob and Doug McKenzie, Wayne Greztky and Don Cherry
wearing toques and drinking from stubbies. :)
Chris Meech I am Canadian. [heard in a local bar] Donate to help Conquer Cancer[^]
Chris Meech wrote:
wearing toques and drinking from stubbies.
How I miss The Great White North...you have no idea.
"I know what you know and you don't know what I know."
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Sean Michael Murphy wrote:
What about the other non-American-30-somethingish-former-supermodels? Will they still take USD?
Does anyone really give a shit?
Sean Michael Murphy wrote:
we're going to buy Mt. Rushmore and carve the faces of our national idols (Bob and Doug McKenzie, Wayne Greztky and Don Cherry) into it.
Amen, brother Canuck!
"I know what you know and you don't know what I know."
73Zeppelin wrote:
Does anyone really give a sh*t?
Yeah, apparently the sarcasm didn't come through as loud and clear as I had hoped. For the record, I don't care how Heidi or any of her friends demands their payments. I don't care what they (or any other celebrity) think of the stability or the future value of the USD. Allan Greenspan doesn't want to get paid in USD? Suddenly I'm interested. Heidi? Not so much. Share and enjoy. Sean
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73Zeppelin wrote:
Does anyone really give a sh*t?
Yeah, apparently the sarcasm didn't come through as loud and clear as I had hoped. For the record, I don't care how Heidi or any of her friends demands their payments. I don't care what they (or any other celebrity) think of the stability or the future value of the USD. Allan Greenspan doesn't want to get paid in USD? Suddenly I'm interested. Heidi? Not so much. Share and enjoy. Sean
Sean Michael Murphy wrote:
Yeah, apparently the sarcasm didn't come through as loud and clear as I had hoped.
It did - looks like I was misunderstood. I should have typed that: "I know - does anyone really give a shit?". I was in agreement with you. It was a rhetorical question. :) I see you're working in T.O. Your name is more east-coast though. What's the sentiment over there with the dollar so high?
"I know what you know and you don't know what I know."
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martin_hughes wrote:
Eddie George, former Governor of the BoE, went on the record to state that he planned the utterly ridiculous rise in property prices in order to stave off recession
WTF! Got any links? Thats the most incredible acusation I have seen on the SB. If you can back it up its the most incredible piece of bullshit government I have ever dheard of!!!!
Truth is the subjection of reality to an individuals perception
Here you go: http://news.independent.co.uk/business/news/article2377729.ece[^]
"On one of my cards it said I had to find temperatures lower than -8. The numbers I uncovered were -6 and -7 so I thought I had won, and so did the woman in the shop. But when she scanned the card the machine said I hadn't. "I phoned Camelot and they fobbed me off with some story that -6 is higher - not lower - than -8 but I'm not having it." -Tina Farrell, a 23 year old thicky from Levenshulme, Manchester.
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Don't entertain the crazies Patrick. When you do that they become more inclined to hang around.
"I know what you know and you don't know what I know."
73Zeppelin wrote:
Don't entertain the crazies Patrick. When you do that they become more inclined to hang around.
I know, I know.. sometimes I can't help myself. :doh:
It has become appallingly obvious that our technology has exceeded our humanity. - Albert Einstein
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If government is working to advantage some company, then that would be the very 'government coercion' he mentioned. Either way, you have government interfering in the normal functioning of markets. The problem I have is that if corporations are forced to pay taxes, they should be able to have some kind of representation in government. That representation can only be expressed by some kind of lobbying of government officials. If we expect corporations to never seek redress from government, they should also never be expected to pay taxes.
The only conspiracies that concern me are the ones I am completely unaware of. By the time I find out about it, its probably a done deal. Nothing in the entire universe is more useless than morality without authority. A morality free of hypocrisy is no morality at all.
Stan Shannon wrote:
If government is working to advantage some company, then that would be the very 'government coercion' he mentioned. Either way, you have government interfering in the normal functioning of markets.
If the government were working for the advantage of some company, ONLY because the company bought influence, then the company only has itself to blame when the government's behavior causes some market to collapse. Yeah, it's the force of government that got in the way, but you can't ignore the company's culpability. They're not innocent players when that happens.
Stan Shannon wrote:
The problem I have is that if corporations are forced to pay taxes, they should be able to have some kind of representation in government. That representation can only be expressed by some kind of lobbying of government officials. If we expect corporations to never seek redress from government, they should also never be expected to pay taxes.
I disagree entirely. Representation is reserved for the people, not for faceless entities. Corporations aren't people and deserve none of their rights. I won't say that the government should NEVER do anything in the interests of a profit margin, because economies grow and fail by the actions of governments that encourage or destroy them. But to say they deserve representation simply because they play a part in the economy? I can't get on board with that.
It has become appallingly obvious that our technology has exceeded our humanity. - Albert Einstein
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Sean Michael Murphy wrote:
Yeah, apparently the sarcasm didn't come through as loud and clear as I had hoped.
It did - looks like I was misunderstood. I should have typed that: "I know - does anyone really give a shit?". I was in agreement with you. It was a rhetorical question. :) I see you're working in T.O. Your name is more east-coast though. What's the sentiment over there with the dollar so high?
"I know what you know and you don't know what I know."
73Zeppelin wrote:
I see you're working in T.O. Your name is more east-coast though. What's the sentiment over there with the dollar so high?
I was born in Montreal, but lived in the Toronto area pretty much my whole life. I work at a huge multinational corp. and don't travel much with a 2 1/2yr old, so I'm pretty insulated from caring about the exchange rate. In conversations with others though there appears to be lots of national pride over the surging dollar. Misplaced pride, in that currency speculators are probably just selling USD and buying anything else, rather than explicitly endorsing the Great White North. IANAE*, but I think everyone recognizes that Canada just isn't competitive enough in manufacturing to sustain this kind of exchange for too long without crippling job losses. Fun in the short-term though... Share and enjoy. Sean * I am not an economist
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Ilíon wrote:
Then again, one wonders if ever (and when) people in general will finally realize that these sorts of situations are not the result of "the market," but rather inevitably (and constantly) result from politicians using government coercion, both carrots and sticks, to interfere in "the market." The problem is not some bugaboo called “capitalism,” nor is it the ever popular “big business.”
You're naive if you don't think companies interfere in government equally as much, to make markets more favorable to them, playing their own part in creating these types of situations.
It has become appallingly obvious that our technology has exceeded our humanity. - Albert Einstein
Patrick Sears wrote:
You're naive if you don't think companies interfere in government equally as much, to make markets more favorable to them, playing their own part in creating these types of situations.
And you're naive if you don't realize that companies try to use governmental force to tilt the playing fields to their own favor *because* most politicians can't resist doing it ... despite that all of history teaches us that free markets work best, by whatever criteria we have in mind.
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If government is working to advantage some company, then that would be the very 'government coercion' he mentioned. Either way, you have government interfering in the normal functioning of markets. The problem I have is that if corporations are forced to pay taxes, they should be able to have some kind of representation in government. That representation can only be expressed by some kind of lobbying of government officials. If we expect corporations to never seek redress from government, they should also never be expected to pay taxes.
The only conspiracies that concern me are the ones I am completely unaware of. By the time I find out about it, its probably a done deal. Nothing in the entire universe is more useless than morality without authority. A morality free of hypocrisy is no morality at all.
Stan Shannon wrote:
If government is working to advantage some company, then that would be the very 'government coercion' he mentioned. Either way, you have government interfering in the normal functioning of markets.
True; but far too many of the self-proclaimed-and-mutually-congratulatory "non-crazies" around here are leftist barking moonbats. To that sort, it doesn't matter what was said, and it *certainly* doesn't matter to think about what was said.
Stan Shannon wrote:
The problem I have is that if ...
Quite so.
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Eddie George, former Governor of the BoE, went on the record to state that he planned the utterly ridiculous rise in property prices in order to stave off recession - recession which was thoroughly due! But it's pathetic short-term thinking like this that screws everyone in the long run. The current housing market is a bubble about to burst - as Adam Smith said, if prices stay high for a long time and production doesn't ramp up to meet the demand, then there is something acting to keep those prices artificially high - and when it bursts just think how many people will be forced into negative equity.
"On one of my cards it said I had to find temperatures lower than -8. The numbers I uncovered were -6 and -7 so I thought I had won, and so did the woman in the shop. But when she scanned the card the machine said I hadn't. "I phoned Camelot and they fobbed me off with some story that -6 is higher - not lower - than -8 but I'm not having it." -Tina Farrell, a 23 year old thicky from Levenshulme, Manchester.
martin_hughes wrote:
... if prices stay high for a long time and production doesn't ramp up to meet the demand, then there is something acting to keep those prices artificially high ...
In this case, it's governmental actions of various sorts. Non-exhaustively:
- Rent control.
- Restrictions on new construction.
- Compelling lenders to lend to non-qualified borrowers.
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73Zeppelin wrote:
I see you're working in T.O. Your name is more east-coast though. What's the sentiment over there with the dollar so high?
I was born in Montreal, but lived in the Toronto area pretty much my whole life. I work at a huge multinational corp. and don't travel much with a 2 1/2yr old, so I'm pretty insulated from caring about the exchange rate. In conversations with others though there appears to be lots of national pride over the surging dollar. Misplaced pride, in that currency speculators are probably just selling USD and buying anything else, rather than explicitly endorsing the Great White North. IANAE*, but I think everyone recognizes that Canada just isn't competitive enough in manufacturing to sustain this kind of exchange for too long without crippling job losses. Fun in the short-term though... Share and enjoy. Sean * I am not an economist
Sean Michael Murphy wrote:
Misplaced pride, in that currency speculators are probably just selling USD and buying anything else, rather than explicitly endorsing the Great White North.
Isn't this essentially how George Soros -- that great champion of "the people" -- made his current fortune? That is, by financially ruining the individual people of Britain with his (successful, from his point of view) currency speculation.
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Patrick Sears wrote:
You're naive if you don't think companies interfere in government equally as much, to make markets more favorable to them, playing their own part in creating these types of situations.
And you're naive if you don't realize that companies try to use governmental force to tilt the playing fields to their own favor *because* most politicians can't resist doing it ... despite that all of history teaches us that free markets work best, by whatever criteria we have in mind.
Ilíon wrote:
despite that all of history teaches us that free markets work best, by whatever criteria we have in mind.
I think the 19th and early 20th centuries taught us that absolutely free markets don't work all that well.
Compassionate Conservatism is an Oxymoron. Bush is just a Moron.