BacteriaEP

LINK

Who knew that this would ever actually happen?

I'd love to be able to say that this stark rise in the CND is simply because Canada's ecnomy is booming (which it may very well be) but bottomline this is what happens when you spend billions of dollars on two separate wars, continually give billions more to Israel, and provide billions of dolalrs worth of subsidiaries to companies that don't need them (Wal Mart).

This, my friends, is what happens when you have trillions upon trillions of dollars worth of debt.

Also take note that the Australian dollar isn't far behind either.

P.S. The Euro has become worth so much more that car European car companies are beginning to look at the U.S. as a means for cheap production, much the same way we look at Mexico and China right now.

It's a brave new world.

BacteriaEP

Very true. . .

But it's different, ya know? America hasn't been in this situation since WWII. It will be very interesting to see what, if any, affect this will have on our ecomony, or for that matter Canada's.

choclosteve

I'm not sure about what you mean about our not being in as simuler situation in the past. The Us has been a low cost place for many Europeans to travel in the recent past as well as to buy from. They have also enjoyed periods of much lower unemployment than the US. I guess that Canadian stuff will now cost more and help the US's resource sales prices on such things a as timber and lumber, and being from forested Oregon, that sounds good ., On the negative side, I was thinking of moving to Canada for the better and cheaper health care, and so this would mean it would cost more for me to relocate to Canada.

BacteriaEP

It actually already is more expensive to live in Canada, from what I hear of friends in Canada.

That is to say, more expensive in buy day-today items. Healthcare, naturally is practically a non-existant cost.

Bradgriff

We've only begun to suck......

If the Russians were still in power and the cold war was on, none of this would be happening

Wheeldog

The foundation for the U.S. economy is debt. How many things do we make in this country that is sold to other nations? Remember when the U.S.A. was the world's leader in the manufacture of steel, cars, clothing, etc.? The rest of the world came to us to buy our products transferring their wealth to us. Now we must go them to meet our needs reversing the flow of wealth. The only way we can maintain this charade is to borrow money from other countries, notably China and Japan. We cover these debts with I.O.U.s better known as treasuries and other debt instruments promising lenders that we will pay off our debts plus interest. Now, however, the lending nations are starting to doubt our ability to cover our debts and are becoming reluctant to buy our debt. In other words, we have maxed out our credit cards and must figure out a way to live within our means - and still repay what we owe. The dollar is simply a form of I.O.U.. As other countries lose confidence in the U.S., the dollar drops in value. We are on the verge of being labeled a deadbeat nation.

SamInTheSouth

Your conclusion of the result of high debt is spot on and this would have been a great post if you had left out the partisan horse shit before it. What are the two separate wars? Obviously, the current Iraq war is one and I was opposed to it, but what's the second you are referring to? Afghanistan? Kosovo? The first Gulf War? They were all justified.

Secondly, why did you single out Israel? Are you another one of those anti-Semite Jimmy Carter clones? We give billions of dollars to countries all over the world in supposed "aid". Truth be told, we shouldn't be giving ANY country foreign aid, period.

And last, why single out Wal-Mart? Is it in your union newsletter where they hand you your political marching orders? Is it one of the sound bites you always hear from the Democrats when they engage in their phony class warfare act? Billions of dollars are given by Federal and local governments to companies all across this country. Why? The government shouldn't be subsidizing any company at all. I am against corporate welfare all across the board. Do you feel that it is okay for our government to blow billions of our tax dollars on corporate welfare just as long as Wal-Mart isn't the recipient?

The debt in this country has spiraled out of control and it is probably the most serious problem facing our nation right now but the vast majority of voters are ignorant on the subject so nothing will be done about it. Then there are others like you who are aware of it but only feel the need to hold your opposition accountable instead of also taking your own party to task for it because both parties are guilty of it.

__________________
Carolina Politics Online

Sam

SamInTheSouth

The unemployment rate in many countries in Europe, particularly France in Germany is in double digits. The Socialist environment they created has been hurting their countries economically for many years now. This is one of the main reason why Merkel and Sarkozy got elected recently, because of stagnant economies and outrageous rates of unemployment, particularly among younger workers. When Chirac tried to lighten the restrictions on employers so that they would be able to terminate the employment of workers under 26 at their own discretion and those riots broke out, the unemployment of French adults under 30 was around 25%. That's worse the US's rate during the Great Depression.

Regarding Canada's health care, you completely ignorant on the subject. Their health care system is nowhere near as good as ours. People in Canada go on waiting lists to get simple procedures done that you and I can get done in just a few days here in the U.S. Waiting six months for an MRI and one year for vital surgery is the norm in Canada. There have been tons of news articles written that have talked about this within the past several months because Canadians are starting to become upset with the quality of care. Furthermore, for you to imply that it is cheaper is laughable. They are taxed out their ass in Canada to pay for their health care system. Income taxes, excise taxes, sales taxes, it's insane. I travel to Canada frequently for my job and I never cease to be amazed at how much tax that just I, a non-resident, will pay simply by visiting for a week. There isn't a chance in hell I would move there. You would have to make around 30% more than you do now just to maintain your standard of living that you have in the U.S.

__________________
Carolina Politics Online

Sam

SamInTheSouth

See my post above. Oy vey.............

__________________
Carolina Politics Online

Sam

BacteriaEP

Feathers get ruffled much?

First off, here is why I pointed out the things that I said:

We are currently waging two wars at once, Iraq and the " War on Terror" (aka, Afghanistan). We still have troops in both of these places and said troops cost billions of dollars every year.

Israel: They don't need our money, they have a fine economy and would get a long fine without our billions of dollars. Others, would not. Not only do we give them money but we allow them to sell our very own weapons to other countries. They rip-off our designs, make them as their own, and resell them to other countries, most notable is China.

Wal-Mart: Just an example. There are documents upon documents of the U.S. giving that corporation money to build a store. You should contact FOIA for more information regarding that. Did I intentionally single out that corporation as the only one? No. Corporate hand-outs are a problem concerning this nation and in no way does it only apply to Wal Mart.

I hope this answers your questions.

P.S. I feel the need to point out that I am not a Democrat. You do not know who I am and therefor you should not try and label me as such. Perhaps I would have taken your post more seriously if it wasn't so offensive but now it appeared as nothing more that political bias drab.

P.P.S. I don't know your personal experience with Canada or its' healthcare system. I, however, do know some Canadians and they love their healthcare system. It is not the communistic crisis that Reagan would want you to believe. . .