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Canadian Dollar Now Worth More Than The US Dollar

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Me. Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:23 PM
Original message
Canadian Dollar Now Worth More Than The US Dollar
per CNN. First time since 1976.
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BB1 Donating Member (671 posts) Send PM | Profile | Ignore Fri Sep-28-07 03:25 PM
Response to Original message
1. My condolances.
euro did 1.42 dollars this afternoon in europe. Hitting 1.50 by the end of october, my guess.
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:28 PM
Response to Reply #1
4. Get us immigration visas
We'll contribute socially. We already work hard. We're not the redneck idiots that come to some minds when the word "American" is said.

Help us...

Hell, some of us already speak several languages...
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:25 PM
Response to Original message
2. I feel queasy
Edited on Fri Sep-28-07 03:29 PM by YOY
I love most Canadians, our wonderful neighbors to the North, but this just makes me ill.

Look out Peso! You're up next!
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:28 PM
Response to Reply #2
3. Yeah, but now they will stay home in Canada, since things are cheaper
there. Will miss their visits...and their coins..since now that Canadian coin is worth more than mine!!!
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 04:04 PM
Response to Reply #3
13. You've got that backwards
They are crossing the border in record numbers to visit us with their dollar worth so much. We on the other hand are no longer going up there. My in-laws live in Montreal and we've really noticed the decline in value of our money up there.

I'm just waiting for a clerk in a store to see a US 25 cent piece I hand them by accident and give me a dirty look plus a "what the hell is this?". Kind of like I get when the opposite happens.
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 05:51 PM
Response to Reply #13
15. OOPs got that backwards...I welcome our Canadian friends...
'wish I were there'
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Me. Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:29 PM
Response to Reply #2
6. It Wasn't That Long Ago That I Visited Canada
and got 3 Canadian dollars for 2 US
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provis99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:29 PM
Response to Original message
5. I'm eating crow now
I used to bug them about how many cents was the dollar up there worth. Well, thanks to the stupidest economic policy in US history, ruining the strength of the dollar, it won't be long now until the lira and yen reach par, too.
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:31 PM
Response to Reply #5
8. The Lira? The Italian Lira?
Not in use anymore mate!
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daninthemoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:30 PM
Response to Original message
7. When I think of all the Canadian nickels I've thrown away....
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:33 PM
Response to Original message
9. We must stem the Canadian menace to our Vital National Interests!!
No doubt they are card-carrying members of the "Evil Empire".
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 04:05 PM
Response to Reply #9
14. What are they Yankees fans? !!!
MAN THE BOMBERS!!!
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melody Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:34 PM
Response to Original message
10. All part of the plan to cram us into one nation n/t
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shadowknows69 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:38 PM
Response to Original message
11. Well, I've had a Canadian 5 I was tipped about a year ago
Guess it's almost time to cash that sucker in.
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 06:08 PM
Response to Reply #11
17. Save it. It's earning 16% or so a year.
How many other safe investments earn that much?
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daninthemoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 03:43 PM
Response to Original message
12. One day, they'll have to build a fence. Americans will be crowding
Canadian Home Depot parking lots looking to make a couple of long Canadian dollars doing day labor.
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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Fri Sep-28-07 11:15 PM
Response to Reply #12
23. Already there's talk of beefing up border security
The media showed how easy it was to smuggle nuclear material from Canada to the USA. Could be the start of a hyping campaign to build a wall on the Canadian border.
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Commie Pinko Dirtbag Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 06:03 PM
Response to Original message
16. Wow. That's a sight I never thought I'd see:
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Me. Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 06:17 PM
Response to Reply #16
20. Wow
Fab visual
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trekbiker Donating Member (724 posts) Send PM | Profile | Ignore Fri Sep-28-07 06:10 PM
Response to Original message
18. I should be crying....
but I sank most my investments into Canadian income trusts a couple years ago to capitalize on the commodities boom and the 15% div tax rate. Was'nt counting on the added bonus of the exchange rate moving in my favor...

...crying for America while laughing in the bank.. its all nuts. I need a drink
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ozone_man Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 06:14 PM
Response to Original message
19. How ironic.
All these years living with leftover Canadian currency and vending machines that wouldn't accept Canadian coins. I see a market opening up for those same machines in Canada now. :rofl: An American quarter with George Washington on it is rejected. Loonies rule! All those leftover Loonies and Twonies I have. And they have beautiful currency, not based on dead presidents (fascist), like in the U.S., but nature.

OK, so at what point do we abolish the FED, the private group of banks that control our money?
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SayWhatYo Donating Member (991 posts) Send PM | Profile | Ignore Sat Sep-29-07 12:24 AM
Response to Reply #19
26. lol... did you just call all of the US presidents fascists?
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 11:08 PM
Response to Original message
21. What's the big deal?
Seriously, how will it affect us? How did the Canadians manage to live all these years when their dollar was worth less?
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DaveJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 11:16 PM
Response to Reply #21
24. I agree. Actually it makes more sense.
Subjectively, Canada deserves to have a higher valued dollar, IMO. I don't think it's bad for the U.S. economy. Now if Mexico would get on the bandwagon we'd be set.
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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Fri Sep-28-07 11:13 PM
Response to Original message
22. I hope Canada won't go the way of the USA
I'd like to have a place to go if/when the USA goes completely fascist.
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Yukari Yakumo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-28-07 11:42 PM
Response to Original message
25. Let's go for 0.9628!
That's the lowest point since 1970.

Let's all thank Bush for this wondrous economy!
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