Dodge Says Single Currency "Possible"

Posted on Tuesday, May 22 at 08:40 by 4Canada
It is more likely, however, that a common currency would mean that Canada and Mexico would adopt the U.S. dollar, giving up significant economic control to a central bank dominated by the United States. http://www.reportonbusiness.com/servlet/story/RTGAM.20070521.wrxdodge22/BNStory/Business/home

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  1. Tue May 22, 2007 8:23 pm
    Mr.Dodge is sick in his head, which is the usual state of mind for neoclassical economists, therefore his idiotic statements are not surprising.

    "Free movement of labour" means imported slave labour to displace locals, to "remain competitive", which means more profits for the big business mafia and starvation to the rest.

    Ed Deak.

  2. by avatar Jacob
    Tue May 22, 2007 11:56 pm
    Methinks that one part of the problem is that the Bank of Canada continues to invest in greenbacks. As of the 15th of this month, 49.47% of the Bank of Canada's official reserves were in US$, and this has been a growing trend for at least half a year. Check it out for yourselves at <a href="http://www.bankofcanada.ca/en/rates/reserves.html">http://www.bankofcanada.ca/en/rates/reserves.html</a> <br />
    <br />
    Of course, no other country's national bank wants to do this. <br />

  3. Wed May 23, 2007 1:22 am
    We have to remember that Dodge is retiring and there are umpteen super lucrative directorships and probably some CEO job waiting for him with US based multinationals.

    My guess is that his starting income will be in the $2 to 4 million per year category, so he has to feather his bed, by licking the appropriate boots, while still in his present office .

    When the Chinese quit the US dollar a few months ago, it should have been a wake up call to all monetary goons, as them there guys ain't no fools when it comes to business, communism, or not.

    Who else, in their right minds would suggest the junk US dollar for the NAU ?

    Ed Deak.

  4. by RPW
    Wed May 23, 2007 3:05 am
    <blockquote> Who else, in their right minds would suggest the junk US dollar for the NAU ? </blockquote> This seems however, to encapsulate Canadian history for the last 60 years or so. <p>I suppose there was a brief moment in time (mid-50's?) when we thought we were something. But that was soon enough dispelled..........</p><p>---<br>"When you change the way you look at things, the things you look at change." <br />
    -Max Planck<br />
    <br />

  5. by RPW
    Wed May 23, 2007 3:08 am
    And what products might these be.....oil?(not a chance!).....trees(even a 30% import tax didn't slow things down)......?widgets (sorry..the Chinese make 'em cheaper and faster).......?Anything else left?(didn't think so).....

    ---
    "When you change the way you look at things, the things you look at change."
    -Max Planck

  6. by Deacon
    Wed May 23, 2007 3:38 am
    Amero?

    How about the Morono, in honour of those brainwaves who believe a single currency is the way to go.

    We'll call 10 Morono notes, if they exist, Tards

    the 100 Morono notes F*cktards

    We'll call the .25 coins "dipshits", the .10 coins "retards", and anything smaller non-existant.

    The money will look as bogus as the bills used in the game called Monopoly, which won't be so usuasual as they are backed by an economy every bit as make believe as the one in the game.

    ---
    The two most common things in the universe are apparently Hydrogen and stupidity.

  7. Wed May 23, 2007 3:54 am
    I see you are not without humour Deacon
    Until there are examinations for the electorate, any registered voter of age can vote.
    This would be the perfect time for Wayne Coady to impliment a programme of voter education

    ---
    "It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities."
    —Sir Josiah Stamp

  8. by Deacon
    Wed May 23, 2007 8:32 am
    Why thank you

    It's amazing how relaxed one can be during the first extended time off one has had in almost 4 years.

    ---
    The two most common things in the universe are apparently Hydrogen and stupidity.

  9. by Innes
    Wed May 23, 2007 5:36 pm
    It is not surprising that Dodge would take this position. He was an appointee of Paul Martin and a close associate of Martin. Both believe in the centralizing of global power in a small corporate friendly bureaucracy. Martin is now out in the backrooms of power pushing this idea in the interests of his global plan which would remove democratic sovereighty from national governments and place it in the hands of a centralized power elite.

    It was Martin who created the SPP with his Mexican and American counterparts and the Harper government is carrying out the next stages. Ignatieff was meant to be insurance that the Liberal Party would continue the process if it regained power.

    While it is not clear where Dion would stand so far his use of Martin's advisors and his speeches to the economic elite have indicated he is on side.

    There is the expectation of huge financial gains for a few well positioned individuals if this is accomplished so current and past politicians could have a great deal to gain from buying into the concept.

  10. Wed May 23, 2007 6:43 pm
    There used to be a time when Canada divested itself from criminal regimes. Now we join right in. What have we become?

    ---
    If there was ever a time for Canadians to become pushy - now is the time - for time is running out on this nation called Canada.

  11. Thu May 24, 2007 1:08 am
    We became "globally competitive".

    Ed Deak.

  12. Thu May 24, 2007 2:27 am
    Ain't that the dirty truth.

    ---
    If there was ever a time for Canadians to become pushy - now is the time - for time is running out on this nation called Canada.

  13. Thu May 24, 2007 2:36 am
    "What have we become?" in flagrant disregard of our responsibilities members of the society we were part of!

    see my "sig' if you are confused

    ---
    "It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities."
    —Sir Josiah Stamp

  14. by RPW
    Thu May 24, 2007 3:15 pm
    So this is the US we want to cozy up to? <p>Time Canada (28 May 2007): <u>Mass Transit</u> Few cities have good public transit, and higher fares can't pay all the bills. Chicogo needs $6 billion just for subway repairs.</p> <u>Dams</u> Some 3,500 dams in the U.S. are unsafe. It will take $30 billion to bring all 79,000 dams into full safety compliance. <p><u>Railways</u> Forget bullet trains. The U.S. is decades behind global standards, and will need $250 billion over 20 years to catch up.</p> <u>Water</u> The EPA estimates that up to $500 billion will be needed to repair and upgrade wastewater systems. <p><u>Airports</u> Crowded and inefficient, U.S. airports will require a $14 billion annual infusion just to keep pace with basic needs.</p> <u>Roads</u> Experts say 97% of roads need improvement. Meanwhile, traffic jams in some big cities tripled over the past 25 years. <p>Of course, these are matters of concern to <b><i>the people</i></b>, not the bigwigs, who seldom use such mundanities.</p><p>---<br>"When you change the way you look at things, the things you look at change." <br />
    -Max Planck<br />
    <br />



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