Comments on: Dollars and Sense http://www.bob-mcteer-blog.com/dollars-and-sense/ Bob McTeer's Blog Sat, 17 May 2008 03:13:09 +0000 http://wordpress.org/?v=2.3.3 By: LaVern Isely http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6414 LaVern Isely Wed, 07 May 2008 19:54:52 +0000 http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6414 Dear Sir, In reading your article, the best comment was "The balance of payments always balances." When you are using DERIVATIVES which is something they are trying to define over in Basel, Switzerland on April 16 which was called Basel II where they are trying to get world-wide regulations on EXOTIC DERIVATIVES, I believe they are just trying to be nice because when you mix the income and expense together, there is no way to have a balanced budget. When you are trading a commodity for a DERIVATIVE that is virtually worthless, it's not good business. This is what David Cay Johnston wrote in his book "Free Lunch." If that wasn't bad enough, you should read the latest GAO report (GAO-08-25) of October 2007. Senators Clinton and Obama are getting campaign money from the HEDGE FUND DEALERS but both of them say that the HEDGE FUND DEALERS SHOULD BE TAXED and until they do, the HEDGE FUND DEALERS which are sometimes headquartered down in the Caribbean, will be getting a free lunch at the expense of the middleclass taxpayers. the Parade magazine of April 13, 2008 entitled "Are You Paying For Corporate Fat Cats?" says "61% of U.S. corporations paid no taxes." Unless the Democrats bring up the issue, I don't think the Republicans will. I'm just wondering if the paid corporate lobbyists or the voters control our democracy. Yours truly, Disgusted Middleclass Taxpayer Dear Sir,
In reading your article, the best comment was “The balance of payments always balances.” When you are using DERIVATIVES which is something they are trying to define over in Basel, Switzerland on April 16 which was called Basel II where they are trying to get world-wide regulations on EXOTIC DERIVATIVES, I believe they are just trying to be nice because when you mix the income and expense together, there is no way to have a balanced budget. When you are trading a commodity for a DERIVATIVE that is virtually worthless, it’s not good business. This is what David Cay Johnston wrote in his book “Free Lunch.” If that wasn’t bad enough, you should read the latest GAO report (GAO-08-25) of October 2007. Senators Clinton and Obama are getting campaign money from the HEDGE FUND DEALERS but both of them say that the HEDGE FUND DEALERS SHOULD BE TAXED and until they do, the HEDGE FUND DEALERS which are sometimes headquartered down in the Caribbean, will be getting a free lunch at the expense of the middleclass taxpayers. the Parade magazine of April 13, 2008 entitled “Are You Paying For Corporate Fat Cats?” says “61% of U.S. corporations paid no taxes.” Unless the Democrats bring up the issue, I don’t think the Republicans will. I’m just wondering if the paid corporate lobbyists or the voters control our democracy.
Yours truly, Disgusted Middleclass Taxpayer

]]> By: Ron http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6209 Ron Thu, 06 Mar 2008 10:46:21 +0000 http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6209 When do you think the Feds will implement the Amero currency? Do you think the Amero will be just as worthless as the current dollar? Do you think things will be far worse if they do bring in the Amero? What things can we expect to see (economy, society, housing, food, energy, foreign relations ect..) when they do bring in the Amero? If I were you I would start buying gold and silver coins which I am. Because those coins will be worth more than the dollar and the Amero. When do you think the Feds will implement the Amero currency?
Do you think the Amero will be just as worthless as the current dollar? Do you think things will be far worse if they do bring in the Amero?

What things can we expect to see (economy, society, housing, food, energy, foreign relations ect..) when they do bring in the Amero?

If I were you I would start buying gold and silver coins which I am.
Because those coins will be worth more than the dollar and the Amero.

]]> By: John Smith http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6047 John Smith Wed, 30 Jan 2008 13:32:52 +0000 http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-6047 Good comment. It is a pitty that many people does not think like that. Thanks. Good comment. It is a pitty that many people does not think like that. Thanks.

]]> By: Norman http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-2328 Norman Sun, 11 Nov 2007 15:11:01 +0000 http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-2328 Great reads. You seem to be a little bullish on the dollar, as am I. I need to be, I depend on it's purchasing power. :) Anyway, just wanted to thank you for all your posts. I am passing them around to my stressed friends. Great reads. You seem to be a little bullish on the dollar, as am I. I need to be, I depend on it’s purchasing power. :)

Anyway, just wanted to thank you for all your posts. I am passing them around to my stressed friends.

]]> By: Don http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-2298 Don Sat, 10 Nov 2007 14:59:51 +0000 http://www.bob-mcteer-blog.com/dollars-and-sense/#comment-2298 How do you see the decline of the dollar against the canadian dollar and mexican peso as an opportunity for an "amero" (euro) scenario? How do you see our major source of oil being Canada (vs the middle east) and a unified currency between us and Canada being a plan? Any more insights (of yours) on the euro that I might find, since the last in 2000? Thanks for your thoughts. Economics was my major, though I ended up in a small business. I am with you on the limited role that government and "committees" should have in any economy. D Arnts How do you see the decline of the dollar against the canadian dollar and mexican peso as an opportunity for an “amero” (euro) scenario? How do you see our major source of oil being Canada (vs the middle east) and a unified currency between us and Canada being a plan?

Any more insights (of yours) on the euro that I might find, since the last in 2000?

Thanks for your thoughts. Economics was my major, though I ended up in a small business. I am with you on the limited role that government and “committees” should have in any economy.

D Arnts

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