Wants a new Canadian dollar pegged to U.S. currency
By Jerome R. Corsi
Canadian dollar
Herbert Grubel – the Canadian economist who developed the concept of a
North American currency comparable to the euro – laments that politics
prevents the U.S. from agreeing to the creation of the amero right now.
In an op-ed piece entitled "Fix the Loonie" in Canada's National Post,
Grubel expresses concern about the current relative strength of the
Canadian dollar, or "loonie," in comparison to the weakening U.S.
dollar.
The strength of the loonie, now trading more than par ($1.02) to the
U.S. dollar, has caused Canada's exports to be more expensive in the
U.S. market.
About 85 percent of all Canadian exports are headed to the U.S. and a
more expensive loonie threatens to harm the Canadian export market.
Grubel wrote that Canada "has a bad case of the dreaded Dutch disease,
which is named after the problems that developed in the 1960s when the
Netherlands sold natural gas that had been discovered on its coast."
The resulting increase in Dutch exports caused a strong appreciation of
exchange rates which in turn caused the loss of Dutch manufacturers'
ability to compete abroad with their ... more »
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Thursday, January 24
by
Publisher
on Thu 24 Jan 2008 07:33 AM AKST
by
Publisher
on Thu 24 Jan 2008 07:30 AM AKST
Political TV hosts fed up with PC Islam will devour cookie with face of
prophet
By Joe Kovacs This cookie with a depiction of the Muslim prophet Muhammad will be eaten on 'Flamethrower,' a new political program on Faith TV A new, cutting-edge, political TV show will challenge Islam with biting humor tomorrow night, placing the face of the prophet Muhammad onto a cookie and then having it eaten on camera. "We're going to take a stand and say Muhammad's face is delicious," said Molotov Mitchell, the 28-year-old incendiary creator and host of "Flamethrower," a program described as a low-budget, gritty cross between the "The Daily Show," "The Colbert Report," and "The View" if Ann Coulter were the producer. "This is religious and culinary history in the making." The theme of this week's episode is "All Things Islam," as panelists take on the faith of Muslims in a no-holds-barred fashion. "Islam is not even a religion," Mitchell told WND from a location somewhere in Eastern North Carolina. "It's an ideology of 'might makes right' disguised as a religion. We're going to show that Allah was with us when we baked this cookie and ate it. Deal with it!" Mitchell and ... more »
by
Publisher
on Thu 24 Jan 2008 07:26 AM AKST
March 30, 2007—No, Jupiter hasn't acquired a new toupee and goatee to
impress Venus.
Those dashing purple puffs are x-ray images of the gas giant's high-voltage auroras—"northern lights on steroids," said planetary scientist Randy Gladstone of this image released yesterday by NASA. The colorized picture is something of a collage. Several x-ray images taken by NASA's Chandra X-Ray Observatory have been combined and superimposed on the latest Hubble Space Telescope image of Jupiter. "Jupiter has auroras bigger than our entire planet," said Gladstone, of the independent, nonprofit Southwest Research Institute in Texas, in a statement. Gladstone hopes these latest observations will help him crack some Jovian mysteries. For starter, what causes these "hyper-auroras"? The solar system's biggest planet and its magnetic field rotate extremely quickly—every ten hours—generating ten million volts around its poles. Toss in charged particles from the volcanic moon Io and you've got a crackling, nonstop sky show. But how do the volcanic particles get from a relatively small moon to Jupiter's planetary poles? That, Gladstone says, remains one of the planet's unsolved puzzles. Original Source more » |
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