Monday, February 04, 2008

THE NYTIMES PUSHES THE NARRATIVE THAT THE "WEAKER" DOLLAR IS BAD

The NYTIMES gives a big byline to a special report about the weak dollar and how it hurts American tourists:
The Greenback Is Losing Global Appeal

By MICHELLE HIGGINS

THE dollar used to be the universal tourist currency, accepted almost anywhere, from the streets of Hanoi to the plains of Africa. But the continued slide of the dollar against other currencies has led the greenback to be shunned in unexpected places, creating new problems for American travelers and pushing prices higher.

The Taj Mahal has stopped accepting dollars for the entrance fee, under a new edict from the Indian Ministry of Culture that also affects other national tourist sites like the 13th-century minaret known as the Qutb Minar and Humayun’s Tomb in Delhi. As a result, for entrance to the Taj Mahal, Americans must now pay 750 rupees, about $19, at the rate of 29.74 rupees to the dollar, compared with $15 previously.

Some tour operators say they have encountered newfound resistance to dollars in parts of Vietnam and Peru, especially in villages that are off the beaten path.

“It used to be a $100 bill was universal everywhere, from Moscow to Mozambique,” said Peter Rudy, the North America director for KE Adventure Travel, a Denver-based outfit that books adventure trips throughout the world. “It’s not now.”
OH: MY HEART BLEEDS FOR THE RICH AMERICAN TOURISTS AT THE TAJ! Sheesh!

Meanwhile... BURIED in the online version (you have to world-search to find it) is the good news abiout the "weak dollar" - INCREASED FACTORY ORDERS IN DECEMBER; (AP):
U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat.

The Commerce Department reported Monday that orders placed with U.S. factories rose by 2.3 percent in December. That was an improvement from the 1.7 percent gain posted in November and marked the biggest increase since July.

The performance in December was slightly better than the 2 percent rise that economists were forecasting.
  • THE TRUTH IS THAT A "WEAKER" DOLLAR (AS COMPARED TO HOW IT PREVIOUSLY TRADED AGAINST OTHER CURRENCIES) IS GOOD FOR OUR EXPORTING BUSINESSES.
  • AND THIS SECOND STORY RELATES THAT FACT.
  • BUT THE TIMES BURIES IT BECAUSE IF MORE PEOPLE KNEW, THEN THEY'D BE LESS NEGATIVE ABOUT THE ECONOMY AND THAT WOULD HELP THE GOP.
THIS IS NOT UNUSUAL: Whenever the truth interferes with the leftist party-line the NYTIMES just ignores the truth, or tries to bury it.

This is why the single GREATEST thing we can do to liberate the USA from Leftism is get the people who only read the NYTIMES - (or the parts of the MSM which the NYTIMES indirectly controls - like the morning and evening news shows, whose agendas read like that day's NYTIMES) and only watch CNN to read news online and watch Fox.

That way they'll get both sides of the story, and then we have a chance to get them to see the light.

As long as these people remain hooked on the Leftist MSM, they will believe the lies and vote for the Leftiost Dems.

2 comments:

  1. Anonymous4:58 PM

    LOL. Yeah, if not for all that imported oil, we'd be bathing in gravy.

    Next time I pay $45 to fill my tank, I'll be sure to console myself with the fact that factory orders are up. Yippee!!

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  2. Anonymous9:40 PM

    This author is typical of republican tunnel vision and their one track political mind. As the dollar declines and the middle class loses their savings, equity and ability to purchase property the right-wing thieves sell our military, land and assets to the oil producing countries from which Bush and the other liars in his circle have reaped so much. Just as he ran all the businesses into the ground prior to his unnfortunate presidency he has ran the US economy into the ground and of course his masters the Saudis will bail him out for a price, a bigger share of America, And now the chinese too

    ReplyDelete