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ChasingBlueSky

Did Bush really say that????

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http://story.news.yahoo.com/news?tmpl=story2&u=/ap/20041215/ap_on_go_pr_wh/bush

Quote

WASHINGTON - President Bush pledged Wednesday to work with Congress to reduce the United States' huge deficits to assure markets that his administration supports a strong dollar.

"The policy of my government is a strong-dollar policy," Bush said during an Oval Office meeting with Italian Prime Minister Silvio Berlusconi.

"We're going to take this issue on seriously with the Congress," the president said, after Berlusconi raised concerns about the dollar's fall.



Is approving to raise the cap on the deficit taking the issue strongly????

Quote

Bush noted that in addition to the budget deficit, America suffers from a huge trade deficit.

"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."

Bush's comments came a day after the government reported that America's trade deficit hit a monthly record of $55.5 billion in October.



So, in case you didn't know - the record trade deficit is the consumers fault now!

This seems more like the real reason (ie, favoring the rich corporations and making them richer):
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Some economists believe that the administration, while publicly professing support for a strong dollar, actually prefers the decline in the greenback's value against other currencies as a way of dealing with the country's huge trade deficit.

A weaker dollar would make U.S. goods cheaper on foreign markets while making imports more expensive for Americans, thus boosting the fortunes of domestic manufacturers. The country has lost 2.7 million manufacturing jobs over the past three years.




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Despite White House expressions of support, the administration has not taken action to prop up the dollar. During Bush's four years in office, not once has the administration intervened in currency markets to support the dollar or done anything else to stop the dollar's slide.



Quote

He said Social Security was at the top of his agenda.

To do what?? Borrow more from it?
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you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

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He said Social Security was at the top of his agenda.



He said that at the RNC acceptance speech in 2000, too. I guess being top of the agenda doesn't mean much.
...

The only sure way to survive a canopy collision is not to have one.

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So, in case you didn't know - the record trade deficit is the consumers fault now!



Who else could be at fault? I contribute to trade imbalances every time I buy something made overseas--like my car, my watch, my wallet, my pants, heck more than half the stuff I own. I once sold a BASE rig to a fellow in Australia, but that's about the only thing I've ever done to push up the exports side of the balance of trade equation.

In all seriousness, it is the consumers' fault. We just happen to like being able to buy the best/cheapest/shiniest the world has to offer.

In even more seriousness, I'm unconvinced that's really a huge problem. I'm a big believer in free trade and market corrections. That the dollar had to decline was obvious from sometime in the mid-80's. If you don't like that, I suggest investing in securities denominated (and/or based) in other countries.
-- Tom Aiello

Tom@SnakeRiverBASE.com
SnakeRiverBASE.com

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He said Social Security was at the top of his agenda.



He said that at the RNC acceptance speech in 2000, too. I guess being top of the agenda doesn't mean much.



Affirmative:|

Anyone can say anything but that doesn't mean anything does it.

This is a non political statement remember slick willy never had sex with monica either:o SOS

R.I.P.

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He said Social Security was at the top of his agenda.



He said that at the RNC acceptance speech in 2000, too. I guess being top of the agenda doesn't mean much.



Affirmative:|

Anyone can say anything but that doesn't mean anything does it.

This is a non political statement remember slick willy never had sex with monica either:o SOS

R.I.P.



What chunky chicks Clinton boned has far less importance to most than the survival of SS...

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He said Social Security was at the top of his agenda.

He said that at the RNC acceptance speech in 2000, too. I guess being top of the agenda doesn't mean much.
____________________________________________________

Maybe he is working from the bottom up

:D
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"From the mightiest pharaoh to the lowliest peasant,
who doesn't enjoy a good sit?" C. Montgomery Burns

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The only three post WWII US Presidents to head administrations that contributed to the National debt, except in interest, have been Presidents Reagan, Bush, and Bush.



IMO The RR administration put my tax money to good use. The soviet union couldn't keep up with our military spending and imploded on it self.

R.I.P.

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***IMO The RR administration put my tax money to good use. The soviet union couldn't keep up with our military spending and imploded on it self.
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Don't you mean your grandchildren's taxmoney?

Math tutoring available. Only $6! per hour! First lesson: Factorials!

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"That's easy to resolve," Bush said. "People can buy more United States products if they're worried about the trade deficit."



I'm a Republican, and I love Bush to death, but this statement of his has gotten me rilled up. Look, you, me, and everybody else in the US is for the most part, are Price-takers in regards to normal goods, well over 90% of the time. Sometimes I think that these Decision-makers and Politicians need to come back to reality...[:/]
=========Shaun ==========


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He said Social Security was at the top of his agenda.



He said that at the RNC acceptance speech in 2000, too. I guess being top of the agenda doesn't mean much.



Affirmative:|

Anyone can say anything but that doesn't mean anything does it.

This is a non political statement remember slick willy never had sex with monica either:o SOS

R.I.P.



What chunky chicks Clinton boned has far less importance to most than the survival of SS...



What chunky chicks Clinton boned has far less importance to most than the survival of SS...[/

Of course, but what is teh otehr side gonna gripe about with the only Dem in WH for the last 24 years: the economy?????

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The only three post WWII US Presidents to head administrations that contributed to the National debt, except in interest, have been Presidents Reagan, Bush, and Bush.



IMO The RR administration put my tax money to good use. The soviet union couldn't keep up with our military spending and imploded on it self.

R.I.P.



Even if I entertain your concept that Soviet Russia was some kind of threat, when did Russia ever do anything to us? They were our allies in WWII and helped kick Germany's ass, so other than ideological reasons, what did they do? Cuban missle crisis maybe? Never a shot fired, was there? Furthermore, Russia was so overrated that the entire Cold War should be considered a joke.

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***Furthermore, Russia was so overrated that the entire Cold War should be considered a joke.


Well hindsight IS always 20/20
and the Western Powers didnt know at the time how technologically backward and inept they really were.But yes the cold war wasnt much of a joke to people who gave their lives "fighting" it in the intel field.Hell I can recall as a schoolkid growing up on the gulf coast during the cuban missile crisis of going through "atomic bomb drills":Slike they would have done any good :S
Marc SCR 6046 SCS 3004


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***Furthermore, Russia was so overrated that the entire Cold War should be considered a joke.


Well hindsight IS always 20/20
and the Western Powers didnt know at the time how technologically backward and inept they really were.But yes the cold war wasnt much of a joke to people who gave their lives "fighting" it in the intel field.Hell I can recall as a schoolkid growing up on the gulf coast during the cuban missile crisis of going through "atomic bomb drills":Slike they would have done any good :S



I seem to recall hearing that the USSR's military prowess was deliberately over-rated by the intelligence establishment to justify large budgets for the Pentagon and CIA.
...

The only sure way to survive a canopy collision is not to have one.

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President Bush pledged Wednesday to work with Congress to reduce the United States' huge deficits to assure markets that his administration supports a strong dollar.

"The policy of my government is a strong-dollar policy," Bush said during an Oval Office meeting with Italian Prime Minister Silvio Berlusconi.



And the market's response was.....


...the $US fell against the Euro.

I guess the really big money guys recognize BS when they hear it.
...

The only sure way to survive a canopy collision is not to have one.

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***Furthermore, Russia was so overrated that the entire Cold War should be considered a joke.


Well hindsight IS always 20/20
and the Western Powers didnt know at the time how technologically backward and inept they really were.But yes the cold war wasnt much of a joke to people who gave their lives "fighting" it in the intel field.Hell I can recall as a schoolkid growing up on the gulf coast during the cuban missile crisis of going through "atomic bomb drills":Slike they would have done any good :S



I think the powers of teh US knew what a joke they were at the time.

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Yeah, I remember those 'drills'! Kept me scared to death, as a kid. What did I know, then. I thought, the world as we knew it then was gonna be a goner! Folks selling 'bomb shelters' and folks buying bomb shelters. Damn, really screwed-up my childhood.;) We didn't 'really' know, for sure, what Russia had and didn't have in regard to atomic weapons or their space program. Rumors really flew at that time. Hmmm! Not much has changed.:D

Chuck

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