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Old September 29th 07, 04:17 PM posted to alt.collecting.8-track-tapes
DeserTBoB
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Posts: 3,541
Default Canuck dollar passes US dollar

For the first time in 72 years (!!) the Canadian Dollar is now worth
more than its US counterpart. The last time this happened was during
the depths of the Great Depression and after FDR abolished the gold
standard for the dollar, letting it float on the currency market. The
last time this happened, resistance started once the C$ his US$1.10.
With Bush's ruinous laissez-faire fiscal policies still in place and
China still letting its Yaun sink with the US$, this may not happen
this time. Next in the Bush parade of ruinations: interest rates
will shoot up considerably, further screwing up the housing market and
"tight money" a reality for the first time in many years. Here comes
the FOURTH Bush Recession, folks! He's even outdoing Ronnie RayGun in
terms of recessions during his term!

Still time to escape the worthless US$...buy AUS$!
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