Open Thread


For general discussion and debate. Possible talking point: is the dollar bottoming:

The euro could slip from its recent record highs against the dollar amid a schism between the European Central Bank and the Continent's political leaders.

In reality, the dollar bottomed against other currencies last year, including the pound and the Canadian dollar. This year, bottoms seem to have already been made against the yen and the Swiss franc.

If monetary policy at the ECB is FINALLY going to loosen -- after almost a full decade of American and international pressure to do so! -- the bear market in dollars could be over.

Do you agree, or see this as wishful thinking? Maybe more important, in a global economy, do we want a stronger dollar despite carping and whining about its weakness? Finally, if the dollar rallies, will media notice?

Read comments

Comments Policy

All comments are owned by whoever posted them and are subject to our terms of use. They should not be assumed to represent the views of NewsBusters.

Viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Economics of Government Spending

John Hood, President of the John Locke Foundation, has a good column today in the Carolina Journal on how polticians tell us that government spending is good for the economy. Be prepare to spend some time reading it if you go to all the links in the article.

This is right up sarc's alley.   

"A pharisee is hard on others and easy on himself, but a spiritual man is easy on others and hard on himself." A.W. Tozer (Pharisee=modern day liberal)

Yeah, people should pay attention

But they probably won't. At least our politicians are discussing important issues instead of spending 100% of their time spending money that's not really there. The Alabama county bankruptcy especially scares me, because (especially with the JP Morgan involvement) I think it's eventually going to become "our" problem. As for the dollar, the "good" news is that the Euro and other major competition has no better basis. There might even be something to learn from the government-money "trusting" habits of Vietnamese citizen-units.
JMR

The tax & spend drug war looks racist in the real world.

The dollar will recover...

The dollar is still a popular currency around the world, and I seriously doubt if the media will even give this a nod in their obvious ambition to get SnObama into office...

I think we're at a

I think we're at a dangerous time right now for the dollar. If it doesn't rebound from this fall, we could be in serious trouble. The biggest problem we have is our uncontrolled spending and ever increasing personal and national debts. If Americans don't figure out that every time we borrow money and every time we bail out a failed financial institution we put the dollar at risk, then I don't see this trend correcting itself in the long run.

We have become entirely irresponsible when it comes to fiscal policy and the average American, unfortunately, doesn't seem to understand how their uninformed vote perpetuates government carelessness. As long as this continues, I don't see the dollar becoming again what it once was.

I think it's time for the FairTax. It may not solve everything, but it would certainly help out greatly. And it might just save the dollar from becoming the peso.

*If you like the comments, check out the articles.

Michael Bloomberg to own NY Times????

Michael Bloomberg running the NY Times.  Can it get any worse?

"The fight could escalate in unknown ways if billionaire New York Mayor Michael Bloomberg ends up acquiring the Times. As NEWSWEEK has learned, top associates of the onetime information executive are encouraging him to do just that."

http://www.newsweek.com/id/132852

All I know about the dollar

All I know about the dollar is that the government takes more of mine than it should, and then wastes about half of it.

Sadly, the three stooges running for president don't seem to realize that. McCain did mention tax cuts, but that's really a revenue issue, whereas our problem is and has always been spending.

Is any prominent politician talking about this?

The Pope & The Media

Some observations about the Pope's visit to New York.  It seems the MSM had to always bring up the sex scandal involving priests.  It seemed they worked it into every story, even positive ones.  But they walk a very fine line.  The majority of the sex abuses cases involved priests and young boys.  But you rarely heard the term "young boys".  Instead just "child sex abuse" or "children" because if they used the term "young boys" in each and every story, people might get the idea that the acts were of a homosexual nature and put gays in a bad light.  In fact one network, I believe it was CNN, showed an in depth story of a now grown woman who was allegedly raped as a child by a priest and the outrage her parents felt in finding out many years later.  Of course they had to emphasize a priest abusing a young girl.

As far as Bill Maher making negative comments such as calling the Pope a Nazi, and others making similar comments, they are basically a bunch of cowards.  As Christians we are taught to turn the other cheek when struck.  We are taught to love and not respond, so basically we make easy targets.  Let's see Maher and the other elite cowards in media make nasty comments about Islam, Judaism or even Scientology.

Finally, I am still amused in thinking back when Pope John Paul died and Pope Benedict hadn't been selected yet.  Many in the MSM were speculating and even hoping, that the next pope might actually be in favor of abortion and other liberal ideology.  What dopes the MSM is filled with.  They can be so entertaining and frightening at the same time.

MSM Agenda

I noticed the sex scandal reporting too.  Every time there was an interview, they always managed to bring it up.  I began to wonder if "journalists" were getting a bonus for every time they worked it into a story.

Anyone else see this?

Anyone else see this?

Food Rationing in America

I'm not very knowledgeable about commodities, etc. but I'm wondering if the ethanol craze has something to do with it?

 

Oil

Oil has ruled the modern world for decades. Corn has not, except as food. The "liberals" are going to kill us all.

Having worked with the "liberals" all my life, I know them well. One of their traits is to jump, feet first, into anything they believe will "change" the status quo (with which they are always dissatisfied). Consequently, they ruin good things to feed their own ideology. In other words, they create a crisis where one didn't even exist. The  educational system and the Global Warming craze are  prime examples. Now they have created a food shortage. Instead of working to improve what we have, or at least to accept the reality of a bad situation (dependence upon oil), they throw the baby out with the bathwater. Unfortunately, "liberals" are ruled by their feelings and emotions, not by the little brains they have.

 P.S. This scenario will play itself out if Barry or Hillary is elected. Americans better be careful what kind of "change" they wish for.

NEVER,NEVER trust a "liberal"

 

Obama's new ad campaign is

Obama's new ad campaign is launched!

If only we could completely

If only we could completely disregard the possibility as ridiculous.....

Ja Mein Obama! Oddly

Ja Mein Obama!

Oddly enough, the First Reich has recently joined the Obama team!

By the way, isn't "bitter," German for please?

He was misquoted, aiming at the American-German pop. in Pennsylvania, he was merely saying people were pleased to cling to religion and guns.

Vote 4 change. Vote 4 anything. See Jack & Mr Shy's first campaign ad for the ONLY viable 3rd party candidate.

That's Funny

"By the way, isn't "bitter," German for please?"

LOL. That's funny! 

That would be "bitte"

That would be "bitte"

I'm verklempt and full of

I'm verklempt and full of schadenfreude.

Or is Verklempt & Schadenfreude a German magic act?

Vote 4 change. Vote 4 anything. See Jack & Mr Shy's first campaign ad for the ONLY viable 3rd party candidate.

Ja Herr! Ich möchte Ihnen

Ja Herr! Ich möchte Ihnen dienen, mein beliebter Leiter! Begrüßen Sie Obama!! Begrüßen Sie Obama!!

Save a SeAL, club a liberal!!

Congrads to Newsbusters.

Congrads to Newsbusters. #10 ain't too shabby!

 

Shrub

Shrub,

Yeah, I saw that last week. Pretty good. Nice names we're above, too. ns

"I'm not very knowledgeable

"I'm not very knowledgeable about commodities, etc. but I'm wondering if the ethanol craze has something to do with it?"

MB I am not very knowledgeable about commidities either but I remember Rush stating last year this very thing would happen. A finite corn supply both being used for an expanding ethanol business and a food supply.  Unless there was an large surplus of corn supply it seems to me that taking corn from food production would cause a shortage thus raising alot of food prices.

Well I'm just guessing but I

Well I'm just guessing but I would think that if corn is more profitable, then people would grow corn instead of wheat. But that doesn't explain the shortage of rice, which is grown in paddies rather than fields.

MB

MB,

All around the world, food croplands are being stripped to produce biofuel crops. You name it, and all edible grain production internationally has declined because the profit margin in biofuel crops is MUCH higher.

The reality is that this experiment into biofuels -- though noble and initially well-intentioned -- is an absolute disaster that needs to end immediately. If our own Congress doesn't act to end ethanol subsidies this year, there is something VERY SERIOUSLY WRONG in our nation!!! ns

Thanks, Noel..I had

Thanks, Noel..I had completely forgotten about the subsidies!!

Another example of The Law of Unintended Consequences.

And this one is a doozy!!

Free The Jefferson 1

Pity it was one of those dangerous libertarians they arrested, or the nonlibertarian TV news media might actually do their jobs & report on the incident. For now, YouTube's taking up the slack along with the libertarian blogosphere.
JMR

The tax & spend drug war looks racist in the real world.

Dump Firefox, take a Safari!

Has anyone checked out Apple's new Safari browser?

It's noticeably faster than Firefox and IE7.

I find IE7 useless for NB. And Firefox seems to now spend interminable anounts of time loading ad stat sites.

Safari is instant. Recommended tech heads!

Vote 4 change. Vote 4 anything. See Jack & Mr Shy's first campaign ad for the ONLY viable 3rd party candidate.

If you have an Apple

I can also suggest Camino for speed & quality. If you do use Firefox for God's sake get NoScript. I do use Safari for some stuff, but Flash seems to cause it to crash on certain pages lately.
JMR

The tax & spend drug war looks racist in the real world.

Even with NoScript I find

Even with NoScript I find NB is still slow to load in FF.

One IE7 feature I wish both FF and Safari had is the favorites bookmarks so they only display bthose site I use regularly, it's a pain scrolling down all the time.

Vote 4 change. Vote 4 anything. See Jack & Mr Shy's first campaign ad for the ONLY viable 3rd party candidate.

Safari has gotten a little

Safari has gotten a little more stable with the latest update. I had a big crashing problem a few months ago. 

I have a PC unfortunately at work, so I use Safari for it.  

Stupendous!

This is the voice of Leon. 

A website dedicated to combating main stream media bias, and not one article about the fact that the Pentagon has been feeding us propaganda?

Really? 

This is an amazing story. 

Has anyone considered what this could mean?  Are you all taking a vow of silence or something?

Many of the commentators also have ties to military contractors who are vested in U.S. war efforts, but those business links are seldom disclosed to viewers, and sometimes not even to the networks on which they appear, the newspaper said

This is some seriously scary stuff we have going on here.  AND a blatant blatant example of dangerous media. 

So where's the NB outrage? 

PS BD I'm looking right at you buddy.

LINK

Something tells me that

Something tells me that this Gunslinger fella is packin' a squirt gun! 

"Abstain from McCain"

Good one.  Continue to

Good one. 

Continue to pretend to defend media bias.  That shows a tremendous dedication to principle.

See what I

See what I mean? 

"Abstain from McCain"

No not at all, but I will

No not at all, but I will be interested to hear how you defend the fact that you've been preaching garbage news for the past 5 years.

I know you CT.  These frauds have been your main source of news since this whole debacle began.  They're who you quote to justify your support.

Doesn't make you even the slightest bit nervous?  Seriously.  How could this not make you NOW question your belief that the media is nothing but liberal bias?

 

Squirt, squirt, squirt....

Squirt, squirt, squirt.... missed again!

 

"Abstain from McCain"

Oh my.  You're a true

Oh my.  You're a true comedian.

Translation:  This story throws my entire world upside down b/c I now realize I've been chugging the kool aid, spilling it down my shirt, looking like a complete mess.

I know it's tough.  But as the Lord has taught us.  Ye shall be forgiven.  Or something like that.

 

 "Oh my.  You're a true

 "Oh my.  You're a true comedian."

I couldn't do it without you. 

"Abstain from McCain"

Clearly.  I'm carrying

Clearly.  I'm carrying this entire conversation.

Well, me and that elephant in the room of a story that crushes your entire perception of the world.

I can imagine it's reminiscent of the first time you learned that Santa Claus wasn't real.

Delusions of grandeur

Yet again.

Boring. 

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Blonde, You fooled me

Blonde,

You fooled me that time.

I thought you were going with the old subject line preview move.

Figured you were going to feature a Roger The Shrubber post.

 

So what?

Bugger off, Leon. 

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Careful there, bb gun toter, as you might just shoot yourself in

...the foot, thereby taking out your brain in the process. :-)

 

Theme for Election '08: Who cares?

Not Quite, RD

He'd have to be aiming at his a** to take out his brain. 

Some things never change here, unfortunately. 

Leon is like toenail fungus.

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Blonde, Eww.  How would

Blonde,

Eww.  How would you know about toe nail fungus?  No shoes in the Applebees restroom?

Frankly, I've never seen it.  Not sure why you'd try to roast me by divulging a deeply personal detail.

Blonde,

Actually, I thought about placing his brain in his a**, but decided that would elevate it to too high a level.

-And I still think a bb would be all that would be required to take it out, too. 

Theme for Election '08: Who cares?

True, R.D.

Funny, too. 

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

What?Page Not Found? So, Leonovitch went and got himself banned.

Do tell.

Theme for Election '08: Who cares?

RD, I got banned.  The

RD,

I got banned.  The details are not important.

I'm here now, so everyone dry those tears.  Let's have some fun again.

Translation: I am a

Translation: I am a douchebag. Please kick my a$$; everybody else has.

 

 

name change RD the

name change RD

the lobotimized one is now gunslinger???  ROFL it's like an anorexic kid in a tank top

  i am the quixotic botg and i approved this message”   

botg, not a name

botg,

not a name change.  I just have many names for exactly these situations.

I am skinny, but hardly anorexic.  Please, I live in Philly.  I had a cheesesteak for lunch today.

Thank god for my super speedy metabolism who I might be one of 'those'!  Groooosss..

metaphor blind also it

metaphor blind also it would seem

geesh i cudda had a humin bean for da same price

  i am the quixotic botg and i approved this message”   

Leon

from the terms of use

 Users found to be using multiple accounts ... may also be banned without notice.  

see ya 

→ botg

That was no tank top, that was his wifebeater.

♣ a seal

Leon has a brain? Ok,

Leon has a brain?

Ok, maybe we are being a bit hard on Leon tonight. NOT!

"Abstain from McCain"

NOT! Good one.  Wayne's

NOT!

Good one.  Wayne's World.  1992.

A solid joke despite it's advanced age.

Helping square fathers try to connect with their children for 16 years.

Leon... To prove to you

Leon...

To prove to you that I am not a complete arse-hole, I would like to hear what your beef is with the Pentagon. 

"Abstain from McCain"

Oh nothing.Placing

Oh nothing.

Placing plants in the media.

Emulating Goebbels.

Lying to our faces to sell an unpopular (and most likely unwinnable) war.

You know, nothing really.  Just 4,000 dead American soldiers and an unknown (but undoubtedly staggeringly) high number of dead Iraqis.

You're right.  I'm overreacting. 

Please explain your

Please explain your beef! 

"Abstain from McCain"

impersonating gerbils

again leo???

this gerbilish you post, i mean really if ya had any logic you wouldn't need blind assertion

  i am the quixotic botg and i approved this message”   

Impersonating Gerbils

Armageddon!

♣ a seal

Pop-gun slinger, there is no such thing as an unwinnable war.

There is, however, such a thing as an unwillingness to fight.

4000 Americans lost in five years? We lost 50,000 Americans just in the battle of Okinawa alone, and that fight lasted only three months.

Theme for Election '08: Who cares?

Geez, Leon

You're even more insufferable now than in your prior persona....the third person thing you are so fond of is even more idiotic than usual, BTW.

Only you would be perturbed that people are actually "trained" to do something....like comment.

Troll way, sonny. 

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Ah Blonde, I see in my

Ah Blonde,

I see in my brief time away you've coined a new catch phrase. 

As creative as always.   Your zingers really have that down home feel.  Makes me hungry for some grits.

What's gotten into you girl?  Chilis instead of Outback tonight?

Boring, Leon.

We need a better class of troll, here.

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Oh Blonde.  That's a great

Oh Blonde.  That's a great new move.

Using the subject line to preview the post.

Genius!

Squirt-squirt-squirt.... 

Squirt-squirt-squirt.... 

"Abstain from McCain"

CT, I mean, why even

CT,

I mean, why even respond if that's your response?

Really, you have no comment about the debunking of the past five years of your life?

Jeeez, you know, that's a long time to be eating tripe.  Not the healthiest of diets.

Blonde is right... Leon,

Blonde is right...

Leon, you really are a bore! 

"Abstain from McCain"

...says the guy who can't

...says the guy who can't stop posting.

haha.  My favorite.

Leon: What is your

Leon:

What is your issue?  Do you think it is unusual that the retired military folks wish the US military to do well in the GWOT?

It might surprise  you, but during WWII most journalists (Even FOREIGN JOURNOS) ACTUALLY WANTED THE US to win the war.

That cannot be said today.

 

So Who Is With Me? Go Flyers!

There have got to be some Flyers fans out there.

I can't be the only one in the land of Newsbusters.

Even if you don't like the Flyers, can anyone actually root for DC teams?

No way. 

Well, maybe lobbyists.  Dollar hot dog night is a sales assassin.

Flyers? Back in the 70's

Flyers?

Back in the 70's - 80's they were the KINGS of Cement Head Hockey.

That will always color my outlook on them.

Election blues... Anyone

Election blues...

Anyone else feel like our election process has gotten out of hand?

Over dinner, the wife and I came up with an election wish list. Here's a few of our wishes.

1. Primaries schedule... Each candidate has only 6 weeks to raise money.

2. Primaries schedule... Each candidate get's 6 weeks to campaign.

3. Starting one week after primary, each candidate has only 8 weeks to raise money.

4. Then candidates have 8 weeks in which to campaign.

5. Campaigning must end on a Friday, with election to be held the following Tuesday.

6. No exceptions.

It may not improve the quality of candidates, but it would improve the general attitude of the country. I know it would in my house!  

"Abstain from McCain"

→ Clear

I've gotta say I've thoroughly enjoyed the Dem side of this race.

♣ a seal

Cool... So have I,

Cool...

So have I, but you know what they say about too much of a good thing...

I'm sick of this campaign season. 

"Abstain from McCain"

→ Clear

Then why do I feel a sadness when I think of Hillary packing it in tomorrow night.

I'm hoping Obama feels some discomfort when she does pack it in.

♣ a seal

MediaMorons goes after Boortz. Again.

Here is what Neal had to say:

HILLARY'S MEDIAMORONS

Whew! That was a close one. I almost went a whole week without being
featured on the George Soros funded Hillary Clinton created anti-talk radio site
MediaMorons! I pledged on Monday I would manage to draw their attention before
the week was out ... and sure enough, Thursday

they gave me the recognition I so richly deserve
. Here's the MediaMorons
synopsis of my evil deeds for the past week:

Summary: Neal Boortz asserted that "the single most dangerous entity, group
of people in this country right now are the teachers unions," adding that
"[t]hey do more damage to this country than all the drug pushers together. ...
If I had a button right now, two buttons -- push this button and it gets rid of
all the drug dealers; push this button, it gets rid of the teachers unions --
I'm getting rid of the teachers unions."

Gotta love it. Liberals, you see, react with absolute horror whenever
someone attacks their precious government indoctrination centers they call
"public schools." It is in these hideous institutions that our children are
taught that government is there for them at every turn of their lives from womb
to tomb. Government is always there to pick them up when they fall, heal their
wounds, and give them safe passage through life. It is in these government
"schools" that our children learn that self-reliance is for suckers and
dependency on government is the path to true happiness. The people of this
country are slowly coming to realize that our children are being ruined by these
grotesque institutions, but so long as the teacher's unions remain so
politically powerful getting any valid and useful school choice legislation
passed is iffy at best.

So .. MediaMorons ... thanks for helping me to highlight the problem.

Now ... for this week we'll try to get super-lefty Ellen at that "we watch Fox
News so you don't have to" website to wee wee all over herself over another one
of my Fox News appearances. First, I guess, I'll have to be invited onto a Fox
News show of some kind.

--Good Stuff. :-)

Theme for Election '08: Who cares?

Eugene's tumbling drunkards are killing Americans in droves.

Thanks a pant-load, pal.

Theme for Election '08: Who cares?

Could we be facing an '80's style farm crisis?

If you are interested in the consequences of our farm policy, including ethanol, check out my forum topic on fears of an '80's style farm crisis.  Two TV stations in my small TV market made passing references to a possible collapse tonight even though their stories had different subjects.  It made me wonder how much fear there is out here in corn country. 

When you put the clowns in charge, don't be surprised when a circus breaks out.

LeonSlinger

Okay, the Pentagon thing. Yes, that "article" -- plastered on the NY Times' front page, no less -- is the most despicable, biased-driven piece of non-news, designed to hurt McCain and the GOP in an election year, period. And I AM baffled at why NB has been so silent about it, and not posted a new thread. I will PM Noel about this.

Here we go, RealNameLeon:


Placing plants in the media.

The Pentagon uses ex-Pentagon/military people to speak to the media on their behalf. The outrage!!


Emulating Goebbels.

Wow, Leon-A-Liberal is screaming "propaganda"... yawn.


Lying to our faces to sell an unpopular (and most likely unwinnable) war.

Your perception (desire) of how unwinnable this war -- or any war -- is has no relevance on how the Pentagon conducts it's PR. It's unpopularity, of course, does, and can be almost 100% chalked up to the modern-day MSM -- the REAL PROPAGANDA MACHINE -- that has tirelessly painted a negative picture from the moment we went into Iraq. This is the most across-the-board corrupt MSM our country has ever known. The Pentagon had to push back, since the Bush administration seemed unwilling to, for whatever reason.


You know, nothing really. Just 4,000 dead American soldiers and an
unknown (but undoubtedly staggeringly) high number of dead Iraqis.

Once again, your perception of what number of dead soldiers is acceptable or unacceptable in the theater of war, where men and women unfortunately die, has no bearing on an argument against the Pentagon and how they conduct their PR. So, again, I haven't a clue why you're injecting your own feelings about war and the suffering of war. Nor should civilian deaths enter this debate.

RealNameLean, that's 0-for-4. Another bad night at the plate.

 

 

* * * SOCKS THE CAT '08 * * *
For REAL Change

 

hey Mr Shy

if i get my wish we can call leon

dead-man-walking-slinger

  i am the quixotic botg and i approved this message”   

→ Hey Shawn

I wonder how futbolisgreat feels about the South Carolina parents who turned in their son for plotting another Columbine.

Never mind, I know how he feels about it.

♣ a seal

they have no family values CA

If you turn in people of your own family for any reason, you are evil. No matter how many lives could be saved.

I wonder if he will respond to my thread.

btw

What happenned to the new symbal?. I was kind of digging it.

If you turn in people of

If you turn in people of your own family for any reason, you are evil.

???????????????????????????????????????????????

  i am the quixotic botg and i approved this message”   

→ It's true botg

Just ask fut.

♣ a seal

Come on Bruce

You wouldn't by chance be saying my answers are kind of cryptic would you? :-)

no not cryptic not at all

no not cryptic not at all cryptic

  i am the quixotic botg and i approved this message”   

→ Well Shawn

The symbol was a celebration of the Pope's visit.

When he offered the Church's contrition for past sins even before he got off the plane, I thought it would be nice to salute him somehow.

But you're right, Shawn.  Some people see family as being greater than all that is in heaven or on earth.

♣ a seal

All hail the religious right!

They score again!

http://www.wyff4.com/news/15948849/detail.html 

so Bal

you're against free speech?  (they're just quotin <kinda> Teddy K)

  i am the quixotic botg and i approved this message”   

<