The "bush peso" is so weak, even the drug cartels are dumping it in favor of the Euro... ?

Question

http://news.yahoo.com/s/afp/20080822/wl_canada_afp/canadauseucrimemoney_080822212441

The humiliation that America has suffered at the hands of bush is great. Will America ever regain the respect and credibility that it had before bush and his supporters came along? Will the US dollar ever regain its lost value?

Answer 1

Did you notice this all happened after 2006 when the Democrats took over congress? Just wondering. Things were great up until then.

Answer 2

the only thing obama will do for the dollar is roll it up to snort cocaine  

Answer 3

One more time the media is out front of a story....The dollar has been weak for a couple years, and in the last month has had a tremendous rally.....Why are they printing this story now, I wonder?

Answer 4

DISINFORMATION ALERT!!  DISINFORMATION ALERT!!

Sniffs like someone ( Robert, perhaps ) is stoking their hand at propagandist disinformation aimed at manipulating stock market futures.  Listen up: The guys who got a sweet ride earlier this year doing that are now being hunted down by INTERPOL, FBI, HOMELAND SECURITY ( in the name of economic terrorism ), the IRS AND the SEC.

Trust me: you DON'T want to be on the "Hunt Down" list from these guys--- they WILL find and deal with you cold.  It's being ultra-hushed up, but some leaked info whispers that TWO of the six "speculators" have been caught ---and are making deals fast w/ the Feds.

That might explain why the U.S. dollar is making a slow rebound.

Look for tighter nastier Euro security measures soon---great thanks via the heavy hand political pressures from INTERPOL and the U.S. Feds which will no longer make the Euro a global market darling for illicit criminal activities.  

Answer 5

devaluing currency is a great way to s***w people that you owe a bunch of it to.it's an old jedi mind trick.

Answer 6

@ cbjack,you're delusional if you think that things were great until 2006 when Democrats took over

Bush's rating before that was at mid 30s.Gas prices were going up year after year.There was a huge deficit.

I don't understand people like you.Until a Democrat is involved,everything is fine,but after that,it must be a Democrats fault

Yes,the Democrats suck because they didn't do anything that they promised to do,but it was because of Bush's policies that got us in this mess. His policies over the past 7 years are making things worse.The negative effect has accumulated over the years,and we're feeling the full sting of it.

If I'm willing to admit my side is wrong,why can't you?

Answer 7

The Euro is easier to launder than United States Currency.

The biggest problem the drug Cartels have is laundering their money to make ot appear that it was obtained from legitimate business activity and not criminal activity.

The United States Security to prevent money laundering is too tight for the drug cartels.

European security measures are almost non existent.

The relative strength of the currencies has nothing to do with the reason the drug cartels prefer Euros to United States Currency.