?Are there people who are making fortunes speculating on the dollar's value? And,if so, is it really such a gamble?
Belinda Stronach appointed to Cabinet
- Thread starter no1important
- Start date
“Dipstick,” someone said
By
James Bredin
A Judas, a Benedict Arnold but with a smirky smile,
Betrayed a friend, country, her party, secretly with guile,
Reminded me of some old cold-war turncoat communist spy,
Who went and joined the other side and we never did know why.
Add this to the Adscam inquiries that keep us awake,
And how many backstabbing cabinet members can they make?
Worthy of a Shakespearian play -- all this contempt,
No honor, justice, principles, respect and they never repent.
And we are held captive as we watch them all on TV,
Without referendums, recall, term limits and we agree,
A society of sheep captured by wolves, who want us sedate,
One free-fall Quebec referendum away from a failed state?
Thursday, May 19, 2005
http://s10.invisionfree.com/Canadian_Stuff/index.php?showtopic=4&st=0&
RE: Belinda Stronach appo
That is true. Ours goes up and down with the American dollar. If memory serves me right we are pegged at 81.9 compared to US dollar.
That is true. Ours goes up and down with the American dollar. If memory serves me right we are pegged at 81.9 compared to US dollar.
Re: RE: Belinda Stronach appo
Thursday our dollar closed at 79.38 US. In the nineties, Chretien deliberately devalued our dollar, for reasons I am unaware of. At that time, our dollar was below 70 cents compared to the US dollar, and for quite a time, was around 62 cents. I am going to find out the exchange rates to respond to another post here, but it has only been the last year or so our dollar came back. Trust me, we go to the US every year for vacation, I know that exchange rates have been brutal in the last ten years, the last one and this one excepted.
no1important said:
Thursday our dollar closed at 79.38 US. In the nineties, Chretien deliberately devalued our dollar, for reasons I am unaware of. At that time, our dollar was below 70 cents compared to the US dollar, and for quite a time, was around 62 cents. I am going to find out the exchange rates to respond to another post here, but it has only been the last year or so our dollar came back. Trust me, we go to the US every year for vacation, I know that exchange rates have been brutal in the last ten years, the last one and this one excepted.
RE: Belinda Stronach appo
I trust you about the exchange rate, but that was not what I was really referring to.
I trust you about the exchange rate, but that was not what I was really referring to.
Re: RE: Belinda Stronach appo
Here is the historical exchange rate for the Canadian dollar vis-a-vis the US dollar. My source is The Federal Reserve Bank of New York, Foreigh Exchange Rates Historical Search. I got the rates for every six months, June and December and also got the high and low during this period. Where rates were basically the same for a long time, I summarized:
Jan/94: 76 cents June/94: 72 cents Jan/95: 71 cents
June/95 - Dec/96: 73 cents
June/97: 72 cents Dec/97: 70 cents June/98: 68 cents
Dec/98: 65 cents June/99: 65 cents Dec/99: 69 cents
June/00: 68 cents Dec/00: 67 cents June/01: 66 cents
Dec/01: 63 cents June/02: 66 cents Dec/02 63 cents
June/03 74 cents Dec/03: 77 cents June/04: 75 cents
Dec/04: 83 cents May 19/05: 79 cents
The low was 62 cents in January, 2002, and the high was 85 cents in November, 2004.
So, from January, 1994 - June, 1997, the dollar was stable at around the 73 cent mark. However, from June, 1997 - December, 2002, the dollar fell steadily and stayed around the 65 - 66 cent range on average. In 2003 the dollar started to rise. Coincidentallyi, in 2003, Chretien announced he would retire in Feb/2004.The dollar contiuned to rise at the same time there was confirmation of an election. It continued to rise under a minority govenrment until November, 2004, when again coincidentally, reports from Gomery started to come out more publicly. Since then, the dollar has fallen again, to its present level, and fell after the NDP/Liberal deal was made.
Some people would like to ignore exchange rates, but they affect a great deal of our lives, in particular food we import from the US, especially fruit and vegetables. A low dollar is usually not good for consumers or people who travel. It is good, however, for the people who travel to Canada, mainly US tourists. So, in effect, by keeping our dollar low, Chretien was helping the citizens of a country he despises. :twisted:
Anyway, while I was incorrect in stating when the dollar was in the sixties, it was there for about five years, 1997 - 2002. It appears to have only come back with the potential of a new government. It will be interesting to see where it goes from here. At any rate, I find it hard for anyone to blame the conservatives for the low dollar during the fourth - ninth year of Liberal government. :twisted:
bluealberta said:
Here is the historical exchange rate for the Canadian dollar vis-a-vis the US dollar. My source is The Federal Reserve Bank of New York, Foreigh Exchange Rates Historical Search. I got the rates for every six months, June and December and also got the high and low during this period. Where rates were basically the same for a long time, I summarized:
Jan/94: 76 cents June/94: 72 cents Jan/95: 71 cents
June/95 - Dec/96: 73 cents
June/97: 72 cents Dec/97: 70 cents June/98: 68 cents
Dec/98: 65 cents June/99: 65 cents Dec/99: 69 cents
June/00: 68 cents Dec/00: 67 cents June/01: 66 cents
Dec/01: 63 cents June/02: 66 cents Dec/02 63 cents
June/03 74 cents Dec/03: 77 cents June/04: 75 cents
Dec/04: 83 cents May 19/05: 79 cents
The low was 62 cents in January, 2002, and the high was 85 cents in November, 2004.
So, from January, 1994 - June, 1997, the dollar was stable at around the 73 cent mark. However, from June, 1997 - December, 2002, the dollar fell steadily and stayed around the 65 - 66 cent range on average. In 2003 the dollar started to rise. Coincidentallyi, in 2003, Chretien announced he would retire in Feb/2004.The dollar contiuned to rise at the same time there was confirmation of an election. It continued to rise under a minority govenrment until November, 2004, when again coincidentally, reports from Gomery started to come out more publicly. Since then, the dollar has fallen again, to its present level, and fell after the NDP/Liberal deal was made.
Some people would like to ignore exchange rates, but they affect a great deal of our lives, in particular food we import from the US, especially fruit and vegetables. A low dollar is usually not good for consumers or people who travel. It is good, however, for the people who travel to Canada, mainly US tourists. So, in effect, by keeping our dollar low, Chretien was helping the citizens of a country he despises. :twisted:
Anyway, while I was incorrect in stating when the dollar was in the sixties, it was there for about five years, 1997 - 2002. It appears to have only come back with the potential of a new government. It will be interesting to see where it goes from here. At any rate, I find it hard for anyone to blame the conservatives for the low dollar during the fourth - ninth year of Liberal government. :twisted:
canuckster said:
Makes you wonder about the hidden agenda of the Liberals. First Scotty boy Brison, then Barbie Belinda, and if I remember right, wasn't Keith Martin also a leadership candidate for the conservatives? If so, that is three former potential leaders of the conservatives now Liberals. Sounds like an attempted hostile takeover, but now we know why the true conservative Harper was chosen.
I wonder, though, maybe the entire Conservative caucus should cross the floor to join the Liberals, then they can attend the Liberal caucus meetings. Hmmm, I wonder...... :twisted:
badboy said:
:lol: :lol: :lol: Yeah, that is true. I guess we conservatives will just have to suck it up and learn to wallow like the rest of them. Anyone for "Non-ethical Politics 101"? Professors Martin and Chretien are taking students now :twisted: :wink:
Conservatives invented non-ethical politics in Canada. Our first scandal was Sir John A. Taking graft and kickbacks from the railroad people. Our latest scandal was Stephen Harper screwing over the ranchers for campaign donations to Cargill.
The Liberals are crooked, but so are the Conservatives.
The Liberals are crooked, but so are the Conservatives.
Derry McKinney said:
Yep, and at least with the Liberals in power, we have a hope in hell of achieving a just society...that cannot be said of the Conservatives...
RE: Belinda Stronach appo
it seems kind of sensible to me, batboy. the Liberals are crooked, but they are mostly nice people. The Conservatives are crooked but they aren't nice at all.
Nice people tend to treat people fairly.
it seems kind of sensible to me, batboy. the Liberals are crooked, but they are mostly nice people. The Conservatives are crooked but they aren't nice at all.
Nice people tend to treat people fairly.
bboy, stop trolling the thread to make silly comments, keep it up and I will delete your messages, rest assured they will be posted in the moderator fourm, so there can be no dispute as to what your post was.
Re: RE: Belinda Stronach appo
Please sir, tell me how the conservatives are not nice. I consider myself and my wife to be extremely nice people. Treat others as you would have them treat you, live and let live, etc, etc. And saying Liberals are nice? Hoo boy, take another look. Martin is a slimy politician, Volpe is an idiot, McLennan is a cartoon character, and REg Alcott is an ass, just to name a few. And yes, I will concede Randy White has problems, so we will probably agree on that.
Derry McKinney said:
Please sir, tell me how the conservatives are not nice. I consider myself and my wife to be extremely nice people. Treat others as you would have them treat you, live and let live, etc, etc. And saying Liberals are nice? Hoo boy, take another look. Martin is a slimy politician, Volpe is an idiot, McLennan is a cartoon character, and REg Alcott is an ass, just to name a few. And yes, I will concede Randy White has problems, so we will probably agree on that.
When I first heard this statement on TV I couldn't stop laughing. Reading it is just as good. 
A peacock among the vultures
...I don't then buy that it's fear of separatism or a low opinion of Stephen Harper's intellect that brought Ms. Stronach to the press room yesterday. These were merely the garments she chose to wear for the occasion....
Jo Canadian said:When I first heard this statement on TV I couldn't stop laughing. Reading it is just as good.
...I don't then buy that it's fear of separatism or a low opinion of Stephen Harper's intellect that brought Ms. Stronach to the press room yesterday. These were merely the garments she chose to wear for the occasion....
A peacock with a coat of many colors
Look at their MPs. I have no idea if your wife and you are nice or not. The Conservative party has shown itself to be mean-spirited and nasty time and again though...consider the comments made about Belinda Stronach for defecting ot the long history of gay and minority bashing in the party.