Just like the market crash and depression of 1920s... the falling dollar is a carefully contrived plan that is being guided and controlled by the Bilderbergs. They want us all to get "chipped" and they want us to want it. If they cause the dollar to have no value, we will all want to ensure a way to pay our bills and feed our families. Enter Verichip... the new currency (www.verichipcorp.com ), all your assets will be directly tied to this. No buying or selling can happen without the chip. But before this happens they will first finalize the North American Union and give us the Amero to replace the dollar, claiming that it will have strength over our current currency as well as the Euro. DO NOT BE MISLEAD AND HYPNOTIZED BY THEIR LIES. They want you FOLLOW. They care nothing for the PEOPLE. They care only about global domination and world slavery. And as long as you people on both sides (dem/rep...con/lib... or whatever stupid label you chose to wear) continue to disbelieve that these people mean business regardless of your political affiliations or beliefs, then they WILL be successful. They created these divisions and ALL of you have fallen for it ... hook, line, and sinker. Standard military protocol... DIVIDE AND CONQUER. and they are doing a fine job of this. So we have two simple choices. Argue over our individual beliefs and let them enslave us all because we cannot get our act together and WAKE UP.... or we can realize the truth of what is being done against not just our country, but to humanity at the hands of our Bilderberg controlled government.
2007-11-19 05:51:04
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answer #1
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answered by Shinji 5
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To blame capitalism for the falling dollar would be in my opinion incorrect. There are a variety of factors. probably the least of them is capitalism sending jobs overseas.
First capitalism is interested in making money. Nothing more nothing less. Return on investment determines what action is taken.
If it's cheaper for what ever reason to make something of the same quality in one place than it is in another. From a business sense you go to the place where it costs less to make the product.
Labor costs forced companies to move from the union north to the non union south so they could compete in the 50's and 60's. No one seemed to care because the jobs were still in the US. The north became the rust belt and the south began to rise again. (We told you we would.)
Jobs that are labor intensive are now going overseas. I'm sorry I have to break this news to you but unions in the US and many other countries have priced their members out of the labor market in many cases. The good news is there ARE some companies that are moving their business here because of our labor. NuCor Yamato (Japanese firm) has a major steel producing plant they built from scratch in Blytheville Arkansas that produces more steel than Pittsburg did in it's heyday. But no unions. Toyota, Nippondenso, and several other companies are moving into the south and midwest. But once again no unions. These are skill positions. And yes they are by and large production incentive jobs. And believe me especially with NuCor if you don't want to work there the company and your co workers don't want you working there either.
From a business sense is it the smart thing to do to pay $15-25 @ hour to produce something in one place you can pay someone $4-5 2 hour to do somewhere else. Transportation is the key. Shiping costs less than labor.
It's not that Republicans or Capitalists want jobs to go overseas. It's that they are given the choice --Stay and go bankrupt or go over seas and stay in business. What would you do?
2007-11-19 04:12:35
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answer #2
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answered by namsaev 6
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Capitalism may mean making money, but it up to elected governments to protect the interests of the people. Our government was set up with a balance of powers, to make sure that these injustices do not happen. When Bush was elected, the Republican Congress described itself as an "arm of the Executive Branch," which it is not, should not be, and never was. It is intended to conduct oversight of the Executive Branch. Even now, with Democrats in the majority, the Senate Republicans will not allow a Democratic bill to pass, approve the President's every move, and have overcome only one Presidential veto.
Our woes have been brought on by George Bush, his buddies and fellow Corporate millionaires who, in their wealth-laden Think Tanks and government appointments, have decided to forget the common man, to use him as material for wars and taxes, but neglect his interests and bring about his financial ruin. So, the shift of money and power in the U.S. has been taken from the people and given to a Favored Few.
Money from the War in Iraq is stuffing the pockets of Corporate investors, weapons, equipment, military needs, etc. etc. In World War 11, the money from the war drifted down to the people, who worked in factories making supplies. In turn, they supported the War with the purchase of War Bonds and stamps, investing in the future of the country. Today, the working man has a fair chance of losing his job or his home, has no investment in the future, and is simply struggling to survive.
After World War 2, we became a Super Power. This wasn't good enough for the followers of Bush. They were among the most successful Middle Class people in the world, but they wanted more. They begrudged the division of property among the poor and the needy, painted the poor as lazy slobs, and proceeded to bring about the ruination of our country. Now, we look forward to years of paying back debts, sifting through the rubble of Iraq, fighting the terrorists created by the war, and lifting our boots from the debris left over from this eight-year fiasco.
2007-11-19 06:25:56
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answer #3
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answered by Me, Too 6
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So the Clintons are going to convey jobs back how? Are they going to tell the state of Ohio to cut down their company taxes? To slash their revenue tax? Are they going to make it illegal to trade overseas? They have got no plan to put in force when you consider that they are not able to do it. Greenspan made this recession. He has had a terrible have an impact on on this nation with the aid of not enabling the market to work. The Federal Reserve serves only the elitists that run it. They support no one else. Bill Clinton spent more cash in an illegal unconstitutional deparment of education. He will have to were eliminated from place of work for mendacity below oath. Hillary can not recollect if its sniper hearth or not. You wish to have her runnning this nation? Are you crazy? I hate obama and clinton and mccain for being unpatriotic unconstitutional liars.
2016-08-06 07:48:22
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answer #4
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answered by duchane 4
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So the Clintons are going to deliver jobs decrease back how? Are they going to inform the state of Ohio to diminish their company taxes? To decrease their income tax? Are they going to make it unlawful to employer distant places? they don't have any plan to implement because they could't do it. Greenspan made this recession. He has had a detrimental impression in this us of a by ability of no longer allowing the marketplace to artwork. The Federal Reserve serves in difficulty-free words the elitists that run it. they help no human being else. bill Clinton spent extra money in an unlawful unconstitutional deparment of education. He ought to were removed from workplace for mendacity lower than oath. Hillary can't bear in suggestions if its sniper hearth or no longer. you want her runnning this us of a? Are you loopy? I hate obama and clinton and mccain for being unpatriotic unconstitutional liars.
2016-10-24 11:48:59
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answer #5
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answered by ? 4
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its definitely a combination of all the things listed above, especailly the ballooning deficits since bush took over, the constant need to drop interest rates to keep the economy moving (makes the dollar less attractive versus the Euro) and the banking/real estate mess that also scares away investors.
dont forget about the huge negative trade imbalances we have too!
2007-11-19 03:39:01
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answer #6
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answered by Anonymous
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Main reasons for falling dollar are that the third world countries esp, China ,Japan and India are developing fast and their dependance on US economy is decreasing.This we can not do much.
Second is the high cost economy of USA.The wage rates are high ,resulting in increasing cost of production and making US products less competitive in international markets.A general wage cut may not be acceptable to the public.
The third reason is emergence of EURO as a competitor to US $ which has resulted in the fall in demand for US $
The fourth reason is the policy of US to preserve internal oil resources and imported oil create internal inflation ,higher cost of production.,prices etc,
If you want to arrest the decline of US $ drastic economic reforms are required.Are you prepared?
2007-11-20 16:30:13
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answer #7
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answered by leowin1948 7
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Actually its more of a result of NAFTA and our ignorant trade policies with China.
Note to Mike- Jobs are going overseas because of the war??? (Rolls eyes and smiles at you but not in an endearing way, more in a sympathetic nature.)
2007-11-19 03:11:28
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answer #8
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answered by Anonymous
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No, the main reason is the Iraq war
2007-11-19 03:09:25
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answer #9
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answered by Anonymous
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I think the greed factor of American capitalism is going global
2007-11-19 03:07:57
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answer #10
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answered by Anonymous
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