Comments on: Benefits of the Euro Failed to Materialize http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/ Observations of a Reformed Liberal Sat, 29 Oct 2011 12:50:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: America http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2185 America Sun, 24 Oct 2004 17:38:15 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2185 Yeah, and don`t forget that our budget deficit is growing stronger than ever thanks to Bush! Almost 400 billion $ per year, that´s more than a billion per day! We can call ourselbes lucky with such a president! Go Bush! Go Cheney! Yeah, and don`t forget that our budget deficit is growing stronger than ever thanks to Bush! Almost 400 billion $ per year, that´s more than a billion per day! We can call ourselbes lucky with such a president!
Go Bush! Go Cheney!

]]> By: Jeff http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2184 Jeff Wed, 13 Oct 2004 11:21:10 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2184 Gee, whatever happened to "OMG BUSH IS FIRST PRESIDENT TO LOSE JOBS IN 75 YEARS"? At the end of the book Cryptonomicon, Japanese war vet and businessman Goto Dengo opines that wealth doesn't come from gold, but from the hands and hearts of the people. Something the liberal socialists in Europe may want to bear in mind: American hands and hearts work harder than French. We're seeing the benefits now, and it can't be fixed by a magical new currency. I'd rather abolish the Federal Reserve system -- the Constitution confers upon Congress the power to coin money, and doesn't give them permission to outsource it to private, profit-minded bankers -- but at the end of the day it probably doesn't matter much whether we exchange in gold coin or FRN's because of how wealth is generated in a free economy. Gee, whatever happened to “OMG BUSH IS FIRST PRESIDENT TO LOSE JOBS IN 75 YEARS”?
At the end of the book Cryptonomicon, Japanese war vet and businessman Goto Dengo opines that wealth doesn’t come from gold, but from the hands and hearts of the people.
Something the liberal socialists in Europe may want to bear in mind: American hands and hearts work harder than French. We’re seeing the benefits now, and it can’t be fixed by a magical new currency.
I’d rather abolish the Federal Reserve system — the Constitution confers upon Congress the power to coin money, and doesn’t give them permission to outsource it to private, profit-minded bankers — but at the end of the day it probably doesn’t matter much whether we exchange in gold coin or FRN’s because of how wealth is generated in a free economy.

]]> By: Ric Locke http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2183 Ric Locke Sun, 10 Oct 2004 18:50:47 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2183 The euro should really be called the Cargo Cult Dollar. The US has a strong economy because of the relatively free regulatory environment, strong protection of private property, and a number of other factors, most of which are anathema to the Social Democrats (with emphasis on the "social") running Europe. Having an easily transferrable common currency helps a lot, but we'd be almost as rich without it -- recall that until the latter part of the 19th century money was issued by banks. In fact, it would be interesting, though too much trouble to be worth it, to invert the euro experiment. Have each Federal Reserve District issue its own currency, complete with different valuations and exchanges. The US would still have a stronger economy than Europe does. But if you don't understand (or refuse to understand) how an economy works, it can look like the single currency makes the difference, so if you're trying to copy the successful you'll try to establish the One True Reichsmark. Or you can build a DC-3 out of wattle and daub so the Cargo Come. It's the same thing. Regards, Ric Locke The euro should really be called the Cargo Cult Dollar.
The US has a strong economy because of the relatively free regulatory environment, strong protection of private property, and a number of other factors, most of which are anathema to the Social Democrats (with emphasis on the “social”) running Europe. Having an easily transferrable common currency helps a lot, but we’d be almost as rich without it — recall that until the latter part of the 19th century money was issued by banks. In fact, it would be interesting, though too much trouble to be worth it, to invert the euro experiment. Have each Federal Reserve District issue its own currency, complete with different valuations and exchanges. The US would still have a stronger economy than Europe does.
But if you don’t understand (or refuse to understand) how an economy works, it can look like the single currency makes the difference, so if you’re trying to copy the successful you’ll try to establish the One True Reichsmark. Or you can build a DC-3 out of wattle and daub so the Cargo Come. It’s the same thing.
Regards,
Ric Locke

]]> By: Anonymous http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2182 Anonymous Sun, 10 Oct 2004 09:12:40 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2182 >> 1.69 more people working today than when W took office. Who's the .69 of a person ? I suppose you mean 1.69 million .. >> 1.69 more people working today than when W took office.
Who’s the .69 of a person ?
I suppose you mean 1.69 million ..

]]> By: Valerie http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2181 Valerie Sat, 09 Oct 2004 12:31:51 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2181 Did they really think that creating the euro would boost the EU's sad economy? Did they really? That'll teach them to listen to the French take on economics. Geez. And I can assure you that since the euro, the cost of living has gone up in France. I've never had so little in return for my money since I've lived here. Did they really think that creating the euro would boost the EU’s sad economy? Did they really? That’ll teach them to listen to the French take on economics.
Geez.
And I can assure you that since the euro, the cost of living has gone up in France. I’ve never had so little in return for my money since I’ve lived here.

]]> By: Welcome to Castle Argghhh! The Home Of Two Of Jonah's Military Guys. http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2186 Welcome to Castle Argghhh! The Home Of Two Of Jonah's Military Guys. Sat, 09 Oct 2004 08:40:47 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2186 <strong>Post-Second-Debate Morning Reads.</strong> The Linker of Worlds (Allahpundit) has a round-up of debate responses that I'm not going to top, so I won't try. I'll just link it. Sounds to me like a Bush win. For the Record: The Armorer ain't watching any... Post-Second-Debate Morning Reads.

The Linker of Worlds (Allahpundit) has a round-up of debate responses that I’m not going to top, so I won’t try. I’ll just link it. Sounds to me like a Bush win. For the Record: The Armorer ain’t watching any…

]]> By: dave t http://alphapatriot.com/benefits-of-the-euro-failed-to-materialize/comment-page-1/#comment-2180 dave t Sat, 09 Oct 2004 03:51:51 +0000 http://66.7.204.200/~alphapat/?p=2830#comment-2180 And you wonder why we British are glad that Gordon Brown won't let Blair get us into the Euro........! And you wonder why we British are glad that Gordon Brown won’t let Blair get us into the Euro……..!

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