Comments on: International pressure for Wall St. regulation, thanks for the advice http://dailywhig.com/2009/03/31/international-pressure-for-wall-st-regulation-thanks-for-the-advice/ A Modern Whig Perspective Mon, 01 Mar 2010 19:04:27 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Whig33 http://dailywhig.com/2009/03/31/international-pressure-for-wall-st-regulation-thanks-for-the-advice/comment-page-1/#comment-49 Whig33 Mon, 06 Apr 2009 15:10:29 +0000 http://dailywhig.com/?p=139#comment-49 There is absolutely no way I want our country sharing a currency with a country that is borderline 3rd world. Yes I am talking about Mexico. Mexico country needs substantial improvements in infrastructure, labor regulations, and standard of living before I would even consider the throught os sharing a currency with them. The current Peso is doing horrible and the country would bring the same problems and "spread the non-wealth". There is absolutely no way I want our country sharing a currency with a country that is borderline 3rd world. Yes I am talking about Mexico. Mexico country needs substantial improvements in infrastructure, labor regulations, and standard of living before I would even consider the throught os sharing a currency with them. The current Peso is doing horrible and the country would bring the same problems and “spread the non-wealth”.

]]> By: Poiema http://dailywhig.com/2009/03/31/international-pressure-for-wall-st-regulation-thanks-for-the-advice/comment-page-1/#comment-10 Poiema Wed, 01 Apr 2009 19:19:01 +0000 http://dailywhig.com/?p=139#comment-10 Mike - I hope you are right. And though I do not subscribe to conspiracy theories, this 'opinion' comes from a former Indiana state official who has been privy to many resources most of us have no access to. And though his 'opinion' may never come to nothing, I believe it at least is worth filing in the watch but not react bin until such a time as we are confident its either nothing but hot air or there's something to it. The full piece is here: http://www.garykah.org/article16.html. We know that the Fed can only lower its rates a few more times. Unless the Fed’s interest rate cuts somehow stimulate the economy enough to cause a substantial rebound, the dollar will eventually crash. I personally believe we are headed for a major dollar crisis. If (when) this happens, the central bankers of North America will argue that we need to start from scratch with a new unified North American currency that can effectively compete with the Euro. Such a regional currency shared by the United States, Mexico, and Canada is being discussed even now by our countries’ leaders. The proposed name for this new currency is the “Amero.” However, if US citizens feel uneasy about such a giant step, the currency could be given a different name that might sound less radical, such as the North American Dollar (NAD), or something similar. Poiema Mike -

I hope you are right. And though I do not subscribe to conspiracy theories, this ‘opinion’ comes from a former Indiana state official who has been privy to many resources most of us have no access to. And though his ‘opinion’ may never come to nothing, I believe it at least is worth filing in the watch but not react bin until such a time as we are confident its either nothing but hot air or there’s something to it. The full piece is here: http://www.garykah.org/article16.html.

We know that the Fed can only lower its rates a few more times. Unless the Fed’s interest rate cuts somehow stimulate the economy enough to cause a substantial rebound, the dollar will eventually crash. I personally believe we are headed for a major dollar crisis. If (when) this happens, the central bankers of North America will argue that we need to start from scratch with a new unified North American currency that can effectively compete with the Euro. Such a regional currency shared by the United States, Mexico, and Canada is being discussed even now by our countries’ leaders. The proposed name for this new currency is the “Amero.” However, if US citizens feel uneasy about such a giant step, the currency could be given a different name that might sound less radical, such as the North American Dollar (NAD), or something similar.

Poiema

]]>