Friday, November 19, 2004

Going to Europe soon? Ouch

Better take a look at the Euro. You'll get .76 Euros for your dollar. Not a way to have a cheap vacation. To read more about some recent Greenspan and John Snow comments, check out this NY Times article . Taken together, the two speeches have sent an unmistakable message that the Bush administration, on the heels of its re-election, is prepared to tolerate a weaker dollar for the foreseeable future. That could aggravate tensions between the United States and Europe, which is increasingly worried that the rise of the euro is choking off its tenuous recovery. In France and Germany, economic growth in the third quarter dropped to 0.1 percent, as the countries' exports dried up.

Did you see the 1 hour ABC special with Bill Clinton and Peter Jennings at Clinton's new library? Now that was an interesting hour. You can tell Bill is still mighty pissed off at the treatment he got from Ken Starr and his rabid gang. He stuck it right back in Peter's face, accusing the media and ABC and Peter himself of further hyping every bit of news that came out of Starr's office. You can't blame the guy for being honked off - they never found him guilty of any wrongdoing, except for Monica. And the Europeans and other more "enlightened" countries, just laugh at us for making such a big deal out of that. Pundits seem to think that Clinton will be remembered for his economic successes. No doubt he had those, but I have to say that I think Americans will remember Clinton for his incredible intellect, magnetic personality, and his ability to marshall seemingly endless facts into extraordinarily thoughtful arguments. We won't see many like him in politics in our lifetime.

Worldwide Blogging
If you're into blogging, you may find this list of worldwide blog sites very interesting. Broaden your horizons! Fight Unilateralism! :)
  • Fistful of Euros

  • Blog Africa

  • OxBlog

  • Marginal Revolution

  • Iraq the Model

  • Living in China

  • Joi Ito's Blog

  • Baghdad Burning

  • Cronaca

  • Passion of the Present

  • Informed Comment

  • The above list courtesy of Foreign Policy Magazine

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