My Mother in law believes the U.S. currency is the most sought after ..

[flygal]

She gets all her news from Faux and Rush **shocker** She asked my hubby to name ONE currency that was stronger - WTF!!! He said the pound, Euro, any day now the Yen!!

Her whole argument for the gay marriage amendment was that it would cost business a ton of money to pay for their health care ?!!! Does this mean businesses will now go out and hire only gay people who can't marry so they don't have to pay for more health care coverage? Oh where can I find the strength to talk to this woman ever again.

[Neoma]

1. then why talk to that women?

that sounds like a bad argument.

[girl gone mad]

2. I bet if you ask her,

she'll say the reason their healthcare is more expensive is because they all have aids.

Sigh. My mother in law is not much better. She knows Bush is bad, but she voted for him anyways. She's one of those spite voters.

[Old and In the Way]

3. When the Chinese stop pegging the RMB to the dollar......

your mom-in-law is in for a rude awakening....

[nadinbrzezinski]

4. Some will not wake up until they

loose all...

[depakid]

10. Even then, many won't wake up

How many republicans lost their pensions and are now itchin' to lose their social security?

There's a reason for people say "drank the cool aid." For all intents and purposes, these folks have lesions in the areas of the brain that are responsible for critical thinking.

[Up2Late]

5. No, it means your mother is part of a Mind-control Cult known as Bushiez

No really, I just found a web site in New Zealand called "Cult Watch" with a page called "How Cults Work," And I swear, I could name 4 or 5 different examples for each of the "Yes, it's a Cult" warning signs they list, that the Republicans have used over the last 20 years (and especially the last 4 years).

I haven't decided, thought, if it's a Religious, Commercial (cult of greed, info-mercial), Self Help & Counseling, or a Political (i.e. Nazi Germany, Stalin's USSR), type of cult. The Neo-Con Republicans are kind of a NEW Hybrid type of Cult.

You all need to check out this page and we can all see how many "Mind Control Cult" techniques we can name, that the GOPer used to Brainwash half of America in to thinking George Bush should have 4 more years!

<http://www.howcultswork.com/>
<http://www.cultwatch.com/>

If you're still skeptical, check out this web site for this Ultra-Right, Junk Food Industry Lobbyists, who seem to hate all
"fight for the common good" or any left of center people or organizations. The person who writes the web sign is very scary.

<http://www.consumerfreedom.com/index.cfm>

[Up2Late]

7. Typo in the last line of my post.

Last line should have been web SITE, not web sign, Sorry

[VivaKerry]

6. Alzheimers is a terrible, terrible disease!

Sorry to be so crass, but she is obviously TOUCHED! Poor poor woman. They say... I have heard... that women turn into their mothers. I strongly suggest an INTERVENTION. Good god.

[NVMojo]

8. if she believes that, ask her to let you charge up all of her credit

cards to the limit and to get more!!

[sbj405]

9. Re: the health care issue

Ask her who costs more a gay couple or the religous folk with their 10 children.

[secedeeconomically]

11. The best advice is to just smile and ignore her

[el_gato]

14. that is the worst advice

[secedeeconomically]

22. There is point in arguing with someone who sees the world 180 deg opposite

[Occulus]

15. yup- that's what my parents told me to do about bullies at school

I got walked on by the people around me for twelve fucking years as a result.

It's HORRIBLE advice. Don't follow it. It'll get you nowhere fast.

Respond in kind. It's the only thing that makes them stop. I'm speaking from experience- over a decade of it.

[devinsgram]

12. Turn into their mothers, please no!

I purposely do everything opposite of my mother for that reason.

[OneTwentyoNine]

13. Give her this link and she can see for herself.....

http://www.xe.com/ucc/

[TragicHipster]

16. Your Mother-in-Law is Right

Since the United States contributes a huge amount to world trade, it would only make sense that most nations trade in dollars. Additionally, OPEC prices oil in dollars, so when the Chinese or French or Brazillians want to buy oil, they first have to convert their local currency to dollars, then purchase the oil. Because of this, no other nation compares to the United States when it comes to foreign currency reserves in other nations. BTW, if the world ever switched to the Euro when trading oil, instead of dollars, our economy would collapse nearly overnight, since dollars would suddenly no longer hold as much value, and the Euro would then become more valuable relative to the dollar.

[SammyWinstonJack]

21. Anyday now

:-(

[newyawker99]

23. Hi TragicHipster!!

Welcome to DU!! :toast:

[Up2Late]

24. I Reeeeeeeeeealy hope you're Joking, if not, You're Totally wrong!

:crazy: You ARE Joking right? Because if not, You're Totally wrong! Everyone is getting out of the Dollar, now that Bush has STOLEN another election.

A bit of history here: The U.S. Dollar has been falling, almost the entire time Bush has occupied the White House. On October 26, 2000 the Euro hit it's lowest value v. the US Dollar, it recovered a little when it looked like Al Gore might have enough to beat Bush November 7, 2000, then fell again when the world was sure Supreme Court was going to hand the election to Bush. From December 2000 onward, (with a few small rallies as an exception) The Dollar has been on a steady DOWNWARD trend.

Since George W. Bush TOOK office, the US Dollar has LOST (drum roll, please)............71% of it's value against the Euro!!!!!!!!!! Yes that's right, as of today's opening numbers, the US Dollar has lost 71% of it's value. :wow: The current sell-off started as soon as the WORLD was sure that Bush had stolen his second election.

If you don't believe me, go to BBC News Online and search (within BBC site) the words: Euro new low,or: strong Dollar or you can just start at this page: <http://news.bbc.co.uk/1/hi/in_depth/business/2000/review/1069277.stm>

Another "fun fact" is that Crude oil and Gasoline prices started a slow and steady rise on, yep, you guested it November 7, 2000 (but the low was October 26, 2000). AVERAGE Price of Gasoline in America, $1.55 per Gallon. You can check those numbers at: <http://archives.cnn.com/2000/US/11/06/gas.prices/index.html> or search for "Lundberg Survey" on any major U.S. News website.

Ever wonder why OPEC was cutting production when Oil was in the $40-$50 per barrel range? It's because the Dollar is so WEAK! As the Dollar gets less and less valuable, OPEC needs to get More and More Dollars per barrel to stay even in their Home currencies. Oil was around $30 per barrel, when Bush was "elected" in 2000.

Until we cut the our 7,500,000,000,000.00 DEBT or at least get it headed in a downward direction, Oil will not go below $42 to $44 per barrel. Yes, "OPEC prices oil in dollars," (or Dollars, if you want to show some respect), but "when the Chinese or French or Brazillians want to buy oil," they DON'T "first have to convert their local currency to dollars," The French and the Brazilians just buy 20 or 30 Million Barrels in their local currency, and then when they find out how much more oil they are getting this week, as opposed to last, they say WHOOOOOHOOOO! :bounce:World oil is "Priced" in U.S. Dollars, not "Sold" in U.S. Dollars, their is a difference. The Chinese just look at the mountains of U.S. Cash they are collecting and say, "we need to spend this cash, before it loses more value."

See, these are the things the U.S. Government and the National News don't want you to know, or everyone in this country would start panicking. Why is Gold going up? Because the Dollar is going down. That's just how it works. You can see all the commodities markets (including the Dollar) at BBC News On-line at: <http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/12/13/twelve_month.stm>
but, don't look at the Month or intra-day chart, check out the 12-month chart, if you want to know what's going on.

One last Note Re: BBC Online's Dollar graph, you might notice that at the bottom of the graph is an asterisk that says "*Inverted graph." Why would they do that? :shrug:Because the Dollar has been doing so badly over the last few months, they inverted the chart so as to not cause a panic! If you want to see the real chart, you have to copy it to your computer, and then FLIP it to see the plunging line.

:nuke:The party's OVER folks, WE'RE DOOMED! If you still don't believe me, check out what the Stephen Roach, the Chief Economist at investment/banking giant Morgan Stanley said November 23, 2004 at: <http://www.fromthewilderness.com/free/ww3/112304_economic_armageddon.shtml>

On that note, sleep well folks.

[BurtWorm]

17. You can't get better quality toilet paper.

:thumbsup:

[gratuitous]

19. And European women have found

That twenty or thirty dollar bills, rolled tightly, make a cheap and effective tampon.

[Done]

18. She's turning Mother-In-Law into bad name.

[robcon]

20. Of course, the U,.S. dollar is the most sought-after

It is the primary currency in a few countries (Liberia, Panama, Ecuador, etc.) It is the secondary currency in most of Latin America, and the oil exporters, plus the Japanese and the Chinese, among others, owns trillions of dollar-denominated assets.

That doesn't mean dollars aren't in oversupply (or under-demand) now. Just that the trade deficits over the past three decades have been financed largely by the acceptance of dollar-denominated assets, ever since the oil price increases of the early 1970's.