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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (125517)	3/5/2012 11:43:57 AM
From: TideGlider	1 Recommendation Respond to of 224749

OBAMA WANTS US HERE: Currency talks circulating that Iceland may adopt Canadian loonie Andrew By Andrew Moran Mar 5, 2012 - 1 hour ago in Business [url=]2 comments[/url] By Andrew Moran. Reykjav- Will Iceland adopt the Canadian loonie? Icelanders are keen on the idea, but the Canadian government and the Bank of Canada are not enthusiastic or open about the possible currency adoption in the North Atlantic country. Since the collapse of Iceland’s financial system four years ago, the country has suffered from high unemployment, severe debt loads, currency instability (Iceland krona) and bankruptcies. Public officials are now having an open discussion about possible solutions to get the Icelandic economy back to where it was a year before the crisis transpired. For close to a year now, Iceland’s Progressive Party has started the idea of adopting Canada’s dollar. However, many still do believe the country will start to use the euro since it has entered talks to join the European Union. Many Icelanders reject the notion of adopting the euro for many reasons, including the EU’s troubles with Greece. Recent studies in Iceland suggest that nearly three quarters of the population support adopting the loonie – earlier poll numbers put the figure at one-third, though. Why wouldn’t there be support? Canada and Iceland share good relations since they permitted a large amount of Icelanders in the early 20th century due to volcanic eruptions in the country. Also, Icelanders are desperate for a strong currency since the krona is worth less than one cent. “We’re certainly open to discussing the issue if Iceland makes that request. What we know about the nature of the final agreement depends very much on the expectations of both countries,” said Alan Bones, Canadian Ambassador to Iceland, in a recent interview. “But in a straightforward unilateral adopt of the Canadian dollar by Iceland where it’s clear there’s no input into monetary policy then we’d be certainly open to discussing the issue.” Unfortunately for proponents of the idea, it seems some Canadian officials are not too open about any currency discussion. Canadian foreign affairs spokesperson Ian Trite explained in a statement (via Toronto Star) that Bones would not be participating in an Icelandic conference to talk about currency issues. The statement also noted that Ottawa does not publicly comment on another nation’s currency. “Once we got wind of (the speech) and it went through the approval channels, we decided it was not an appropriate venue,” said Joseph Lavoie, Foreign Minister John Baird’s press secretary, in an interview with the Globe and Mail. “It's a political event. So that the decision was made that it's not an appropriate event for him to speak at. While he may have thought about delivering those remarks, those remarks won't be delivered.” One interesting point to note is that when the Canadian loonie was established most nations did not show any interest in using it. Since the Canadian economy is one of the best of the G8 countries, has a stable financial system and maintains a relatively sustainable monetary policy, the dollar could look attractive to not just Iceland but other nations suffering. With Iceland entering an economic depression and its tourism, manufacturing and technology sectors not doing well enough to grow the nation’s economy, will the Central Bank of Iceland’s adoption of a loonie save the country from further economic hardship? This story comes as former Iceland Prime Minister Geir Haarde is on trial for his alleged role in the 20008 financial crisis. Read more: http://www.digitaljournal.com/article/320667#ixzz1oGG4ImcJ

To: Ann Corrigan who wrote (125517)	3/11/2012 1:00:43 PM
From: Hope Praytochange	4 Recommendations Read Replies (3) \| Respond to of 224749

When your "friends" cannot explain why they voted for Democrats, give them this list. They can then pick their reasons from this "TOP 12"... 1. I voted Democrat because I believe oil companies' profit of 4% on a gallon of gas are obscene, but the government taxing the same gallon of gas at 15% isn't. 2. I voted Democrat because I believe the government will do, a better job of spending the money I earn than I would. 3. I voted Democrat because Freedom of Speech is fine as long as nobody is offended by it. 4. I voted Democrat because I'm way too irresponsible to own a gun, and I know that my local police, are all I need to protect me from murderers and thieves. 5. I voted Democrat because I believe that people, who can't tell us if it will rain on Friday can tell us that the polar ice caps will melt away in ten years if I don't start driving a Prius. 6. I voted Democrat because I'm not concerned about millions of babies being aborted so long as we keep all death row inmates alive. 7. I voted Democrat because I think illegal aliens have a right to free health care, education, and Social Security benefits. 8. I voted Democrat because I believe that business should not be allowed to make profits for themselves. They need to break even and give the rest away to the government for redistribution as the Democrats see fit. 9. I voted Democrat because I believe liberal judges need to rewrite the Constitution every few days to suit some fringe kooks who would never get their agendas past the voters. 10. I voted Democrat because I think that it's better to pay billions to people who hate us for their oil, but not drill our own because it might upset some endangered beetle or gopher. 11. I voted Democrat because while we live in the greatest, most wonderful country in the world, I was promised "HOPE AND CHANGE". 12. I voted Democrat because my head is so firmly planted up my ass, it's unlikely that I'll ever have another point of view.