From: George Sherwood 

Phil Payne wrote:
>>> http://www.presstv.ir/detail.aspx?id=11276§ionid=3510213
>
>> So now taken to the Iranian websites to get the most Anti-American news
>> you can find?  What don't you look on their sites about all the women
>> being thrown in jail for wanting a little freedom? Or the problems over
>> the last few weeks in Northern Iran?
>
> I can hardly expect your sycophants to be unbiased.  By coincidence, it was
> an Iranian source but - believe it or not - I don't look at the domain name
> when picking a quote.  You can search Google News for yourself - there are
> many others with the same take on affairs.

Of course, I can also find links like this:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aguRviOo2DoI&refer=home

 "The reports ``signify a clearing of the decks for a better performance
going forward,'' said Carl Tannenbaum, chief economist at LaSalle Bank in
Chicago and president of the National Association for Business Economics.

The yield on the benchmark 10-year note increased 2 basis point from
yesterday to 4.89 percent at 5 p.m. in New York. The yield rose as much as
4 basis points. The dollar pared its decline against the euro."


But they don't really prove you point. A point that you have been trying to
prove for about 4 years now.   The collapse of the US economy.



>
>> And what does this say about the Euro area economy?  This week's
>> Economist predicts at 2.2% growth for the Euro area and this is with over
>> 7% unemployment.
>
> I don't think that's at all bad considering several countries are still
> accomodating themselves to membership.  If you look at the figures for the
> "core" old countries, they're a little higher.

Not much higher
Belgium 2.2
France  2.1
Germany 2.3
Italy   0.8
Spain   3.5

It is actually some of the new countries that are showing higher growth.

Poland  6.0
Czech Republic 5.3

>
> The Euro has still managed 35% against the dollar in the last year.  And the
> cost of Iraq hasn't been factored in at all yet.  When that baby hits ...
>

No one has yet shown me that this appreciation of the Euro is good for the
EU economy.  So this must be the big on now for you as others have been in
the past.

George

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