thank youSep 30th, 2007 - 12:54:47

thank you mr. bush for breaking the country.

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Thank you........thank youSep 30th, 2007 - 14:05:52

for not calling him 'president bush'.

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SP4: Notice....Sep 30th, 2007 - 16:55:44

...that this did not happen until the democrats took control of the Congress.

Now, the investment community is skitish about what antigrowth legislation is coming from the democrats.

Not Good.

Befer they came in, we had record employment, low inflation, record tax receipts.

Now, who knows?

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What aSep 30th, 2007 - 17:38:38

crybaby, an ignorant crybaby.

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Jack SmackSep 30th, 2007 - 18:48:32

SP4, you are an idiot. This kind of decline cannot happen in less than a year.

You and your boys have been selling off this country to China for years to finance your illegal war??? I know you like to say things that evey you are not stupid enough to believe---but then again you are a neo-con, maybe you are that stupid.

Lets see some of those 'facts' that you like to pretend are the truth, that shows this congress has spend us into this probelm, then 'get back to us' with thaty.

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NSKOct 1st, 2007 - 02:32:09

The Canadian dollar [CAD] didn't actually 'close' above the US dollar [USD]. It rose in trade above the USD at one point during the day and then closed out very, very slightly under the USD at 0.99747. So close you might as well call it equal. This realy shouldn't come as a surprise. Canadian and also many US investment managers have been predicting this would happen from at least 10 years back.
Another factor being largely ignored in the news is that the Toronto Stock Exchange has been red hot this year. The TSX is boldly going where no Canadian stcok exchange has ever gone before. Even with the recent downward correction, the TSX bottomed out at a level higher than it has seen in previous years, and is now climbing back up again. Natural resources are a hot commodity right now, and Canada is rich in natural resources. I'm actually expecting to see the CAD go even higher.
A falling USD may look bad on the surface, but it may actually be good in the long run for our trade deficit. And it may make for an opportune time to invest in teh US market. The usual gloom&doom crowd will always be claiming disaster, market crash, and recession are just around the next bend. But the Dow Jones-I is stll on a pretty solid footing, and incidetally still at a very high level compared to its past.
I can't comment on the euro or the pound, but as for the Japanese yen, the USD may onlybe worth 111 yen right now,but it was only worth 104 yen in 2000, and was all the way down to 70 yen in 1995. Articles like this one above fail to keep things in perspective.

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Barnabus ZoroasterOct 2nd, 2007 - 23:00:20

'What a crybaby, an ignorant crybaby.'

Crybaby or otherwise, he speaks the truth.

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