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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Haim R. Branisteanu who wrote (162887)4/30/2002 1:37:19 AM
From: Les H  Read Replies (3) of 436258
 
Congressional hearing on the too strong dollar on May 1st

These arguments will be openly pursued on May 1st at a hearing in Congress. Industry groups are furious at the dollar’s strength. One of their number, the National Association of Manufacturers, is expected to testify about how damaging the dollar’s strength has been for American industry. Mr O’Neill, a former businessman himself, is known to have no sympathy with such complaints. Good companies, he has argued, do not live or die because of any particular exchange rate. Luckily for the manufacturers, they may find the market comes to their rescue instead.

economist.com

>>>be careful what you wish for. you may get it in the end.
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