Did you notice on today's Business that the Mexican Peso is UP in value compared to the US Dollar?

Question

You have to hand it to Bush he is a master at economics.

Answer 1

This is simple economics 1.
Mexico's biggest cash cow is the billions of dollars sent back to Mexico from illegal immigrants working in the United States.
Consider ..... this money is simply flowing into Mexico with absolutely no outlay of costs or labor by Mexico or the Mexican government. And it's being sent out of the United States, for the most part, TAX FREE!
Now let's do the math - dollars are leaving us without providing any American goods or services sold and dollars are flowing into Mexico while Mexico provides no return.
Any questions?

Answer 2

All part of Bush's master plan to undermine the U.S. economy and currency. If Mexico and Canada's currency is worth more than the Dollar, who wouldn't agree to a North American Union? He is trying to bring about the end of the United States as we know it.

Answer 3

Yes, it's up, after a five-week low. And I defy you to explain how GWB has anything to do with this. I'm far (incredibly far) from his biggest fan, but for Pete's sake, stop blaming him for everything. He's not the Anti-Christ, he's just a frat-boy whose daddy bought him his career.

Answer 4

not suprised. he is a master at Bush economics. he doesn't have to check his checking account balance before he writes a checks or before he gives his accountant the go ahead.

Answer 5

Let's see...if the paso is worth nothing and it goes up, is it still worth nothing?