> I'm shocked a Frenchmen would love Obama's anti-American agenda.
I don't see it this way.

> Please, it benefits Europe the more we become like them.
Europe is made of very different countries.
Anyway, my words are not "Europe words". I speak in my name.
I don't agree with many things in Europe.
If I agree with what Obama does it is because I think it will be good for the majority of Americans not for Europe.

> Which is why we should ignore anything they have to say about our elections.
Indeed, my point of view is the one of someone out of the USA. It could be different if I lived in The US.

> I'm sure they would love for us to follow Spain or Greece.
There, it looks like a joke!
Don't forget that if Greece, Spain and Island (and nearly France and England) have drawn it's because of the crisis made by the US speculating economic system.

> The further we go down the drain, the less they have to worry about us competing with their economy.
This is not the way I think. I 'd love to see every man on this world happy.
Not one against the other.

I don't agree with what you said, (as you could imagine).
But I thank you for your very tempered answer.

Greedy corporations?

How much would you pay for a computer if it were made with US union labor? Remember when computers were $3000 for a basic system?

Consumers are just as greedy, buying the cheapest goods possible over high quality. We live in a throw away society. Don't or can't fix it - buy another.

I try to buy high quality goods when it matters because they usually last longer, but sometimes can't find anything but the cheap stuff.


Another point, unemployment was 4.6% in 2007.
Today, it is greater than 9.6%

Fred, although I can't agree with your opinion, I agree your correct that holding a minority opinion, does not necessarily mean its always wrong. By its very nature, a majority is quite frequently right, but as you say, it is not always right. Two points for your side. -Millet (830-)

Greedy: centered on your own self interest

I believe the Russians definitely proved thru 75 years of misery that motivating people based on patriotism/politics doesn't work.

The only thing that motivates people is, yes, their own self interest.

The greatest problem is the huge debt relative to GDP. Total debt consumer,government, and corporate is more than 3 times GDP and is the greatest threat to the economy and living standards. This is why I have owned precious metals for the past 15 years. I started buying gold and silver in the mid 1990s and adding a little in 2008 and 2009. Gold is up so much just in the last year and I cannot recommend anyone buy it now.

The US dollar is doomed long term IMHO. Keep in mind that there is no safe investment now because all asset classes are highly correlated due to leverage. If the stock market crashes again it will drag down gold and silver prices short term. Buy only when there is blood in the streets!
If you decide to buy gold wait for better prices and do not invest more than 10 to 20 percent of your money in gold. There is no sure thing investing your hard earned money. Think of gold as a hedge instead of an investment. You put a small percentage of your money in gold as a hedge not an investment. It is like buying insurance your house, likewise precious metals can be a good insurance for a possible dollar crash in the future.