US, S. Korea in new military exercises

The US propaganda continues..."unprovoked" actions by DRK, I doubt it very much considering this happened a few days after the nuclear experts returned from their trip to DRK and were greatly alarmed by the progress of DRK's nuclear technology program. The White House got scared and engineered their newest international military intervention by assuring the South Koreans that the US would have their back in instigating an incident in which the DRK had no other recourse than to respond to (1) South Korean entry into disputed territory or (2) a Sarajevo-esque Muslim self-attack so that the outside world can cry "foul" and attract help against DRK "aggression"(you pick the scenario). Let's remember that aggression is not a crime to the US since they are not party to the Rome Statute or its subsequent aggression definition summits. I do not remember if DRK is not party to these agreements as well. Should be interesting to see what happens next...I am throwing my money on a new US "intervention" to show Kim Jong Il who is the big boss on the world scene...despicable!

What has become clear since the breakout of hostilities in the Korean pennisular is that we've been inudated with warmongering propaganda instead of factual details of the incident.

The fact of the matter is SK decided to hold military exercises on a disputed island whose status hasn't been resolved since the 1950s.NK protested but SK decided to continue their exercises by firing shells into the sea.
In retaliation NK fired shells at the island and SK fired shells in return.

I think the next obvious step forward will be resolving the status of the disputed territories.This should be done by the koreans themselves without any outside interference.

However the chances of this happening are close to zero.The US seems hell bent not only on destroying the world economy by their ongoing efforts to maintain the failing "Dollar Hegemony but they are as keen as ever to provoke North Korea, Iran and anybody else they don't like.

Oh those Yankees again...How dare they?
They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
And now these "provocations" in Korea. Definitively if you would have a Thanksgiving day like we will have tomorrow you would have nothing to thank. Life can be real hard Leonidas.
(Joe, 24 November 2010 19:56)

Indeed Joe.How could they?They might sue me for defamation.The truth is the US is getting away with all sorts of neoconservative foreign policy actions such as invading Iraq and Afganistan - only because them countries,unlike NK and Iran, did not have nuclear weapons and conformed to it's neoliberal agenda.

The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.

"The US seems hell bent not only on destroying the world economy by their ongoing efforts to maintain the failing "Dollar Hegemony but they are as keen as ever to provoke North Korea, Iran and anybody else they don't like.'
Leonidas

Oh those Yankees again...How dare they?
They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
And now these "provocations" in Korea. Definitively if you would have a Thanksgiving day like we will have tomorrow you would have nothing to thank. Life can be real hard Leonidas.

The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.
(Leonidas, 24 November 2010 20:59)

Spot on. Its all to take attention away from the current state in the US. There are huge demos in Europe, wait till they start in the US; they will be bigger and more violent.

They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
(Joe, 24 November 2010 19:56)

Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer.

Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer.
(Je¿ walutowy, 24 November 2010 22:08

The loss to your salary is due to Quantative Easing.When you debase a currency,as the federal reserve has been doing for some time now,creditors lose and debtors win.Anybody holding US dollar denominated assets is simply screwed.

Lat time i checked the US goverment owed alot of money.Lucky for it,minting dollar bills requires only two cents worth of paper and ink.So a little bit of extracurricular money-printing pay the bills.The problem is that creditors don't usually tolerate such shenanigans for long.Even the staunchly pro-US saudi-arabians have been holding meetings with other US creditors to dump the dollar.As you know there are two things that have been determning US hegemony since World War II,the dollar and the military.You couldn't have one without the other.Now the dollar is in its last gasps so will be the US military and therefore US power.

It's my belief the dollar will go down the drain in the next few years.Bernake will make sure for that.

"The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.
Leonidas

Leonidas, actually both the housing and job situations seem to have stabilized lately (maybe just temporary). Also a lot of people, who lost homes had several of them. They are not the poor people you think of. They bought and sold them in a short time, "fliped" them with a profit. This "good times" are over. I know of several cases, where people took two huge mortgages and expected to make a "keel". And these are not young people with children. Since big mansions don't sell at all nowadays one old couple I know will lose two of them and become homeless.
As for people on the dole it is surely very hard but even they can be thankful in a certain way. Because of the situation their unemployment payment get prolonged again and again.

This was the hope of most Europeans for at least 10 years. The big irony of all this is that now those are the same Europeans, who deliberately helping the dollar by the euro crisis. The dollar is up today too. As I just read Weber, the president of the Bundesbank feels that if necessary the 750 billion euro rescue fond will be increased to 1 trillion. I don't think it will help too much (only temporarely).
As for the Europeans' wish to see the dollar going belly up the following saying comes to my mind "Be careful what you wish for others because you may end up with it yourself".
(Joe, 25 November 2010 14:5

I have always said that as far as iam concerned the euro is history as things stand at the moment.In order to apply a viable economic policy you must have control over both monetary and fiscal policy.At the moment the EU can apply monetary policy through the ECB but hasn't got control over fiscal policy because it requires harmonization of tax policies and that requires political union .

It's my belief that Bernake like his predecessor will try to inflate the dollar in order to increase employment.It
has never worked before is not going to work now.The US dollar,whether you like it or not,is toast.

Ataman, with "increasing" I ment only the recent days. Yes in May - or was it in April - it was much better. For 1 day it was even around 1.19.
Your purchasing power will increase if the "contagion" reaches Portugal and Spain. Spain could become our "amigo grande" by making the dollar more espensive. Than we could say "viva Espana".
(Joe, 25 November 2010 01:44)

Don't overlook the endless (im)possibilities of Duce Orbán. Here I am ambivalent to say the least because in last few years I already lost about Ft 10 million on my home price. The home won't cut anything in Silicon Valley (nothing will cut!) - but it WAS worth a nice property somewhere in Portland or Corvallis area - which is precisely the one I like.

Now the situation is worse. Hence, Forint down the tube is both good and bad for me. If I continue to live in Orbánisztán - than I would like to see Ft going where it should be, at about 300 Ft = 1 USD. Now if we got fed up with all that Balkan kan-kan and pack (hope not!) than 170 Ft = 1 USD would be obviously better. Unfortunately it's not a choice because if things go really bad than Forint will be very low and home impossible to sell.

You may enjoy the news in the link below - didn't I complain about fascism for a while? That rivals Putin hands-down, I am telling you, Putin is a nice and good boy compared with Orbán. The difference is the size of the country. Imagine Orbán being the president of the States or Russia... better not to have such phantasies.

http://www.b92.net/eng/news/region-article.php?yyyy=2010&mm=11&dd=24&nav_id=71099

Now don't be upset if I speak about "zero" stone being painted in Serbian or Croatian color. This what I did fear, just made a joke of it. There is no one, not even Milosevic who rivals Orbán. At least what is about personal ambitions and psychology - there Orbán can be compared with Stalin or Duce, rather Stalin. His tragedy is the size of the country.

"Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer."
Je¿ walutowy

Ataman, with "increasing" I ment only the recent days. Yes in May - or was it in April - it was much better. For 1 day it was even around 1.19.
Your purchasing power will increase if the "contagion" reaches Portugal and Spain. Spain could become our "amigo grande" by making the dollar more espensive. Than we could say "viva Espana".

"It's my belief the dollar will go down the drain in the next few years.Bernake will make sure for that.
Leonidas

This was the hope of most Europeans for at least 10 years. The big irony of all this is that now those are the same Europeans, who deliberately helping the dollar by the euro crisis. The dollar is up today too. As I just read Weber, the president of the Bundesbank feels that if necessary the 750 billion euro rescue fond will be increased to 1 trillion. I don't think it will help too much (only temporarely).
As for the Europeans' wish to see the dollar going belly up the following saying comes to my mind "Be careful what you wish for others because you may end up with it yourself".

" If I continue to live in Orbánisztán - than I would like to see Ft going where it should be, at about 300 Ft = 1 USD"

Yes, 300 Ft would be fair. As for Orban I share your opinion. People who voted for him will be disillusioned (many are already). "Orbanisztan" is a good description...funny for me tragic for people living there.

I think, now I am toasted. Szemi knows not just my highschool but probably can guess the year and I am not sure, how can he withstand the torture. There weren't many Hungarian-Russians out there who became Americans. So probably now I can expect a knock in the door in the middle of the night: "Orb-stapo, please open the door!!!"

(je¿ ¿abowy, 25 November 2010 18:56)

No need to be afraid .I am not a köpös genya ( a person who reports to authorities)and anyway I am also fed up with Zsidesz as I call them.A one way ticket for Orsós(Orbán) family is a considerible option .Anyway I have also been for many mischives and had to visit the headmasters1s office quite often the most ridiculous case being admonished for writing under the date of a math testpaper which we wrote on april 22nd that "117 éve született Lenin bátyánk"(Our big brother Lenin was born 117 years ago).My philosophy teacher on one occasion when I misbehaved told me that I was a typical Pole destroying the socialist norms.
I imidiately gave him a lecture on his ethnic background and the class bursted out in laughter.It turned out to be a big scandal.Anyway during the third year of secondary school I was admonished 26 times .My school report (ellenörzõ) became a classic.Fortunatelly I had good academic reults (was second in a history national constest organized in 1986 when the 300th aniversary of liberation of Buda was commemorated and 5th in math OKTV) which I think prevented me from being expelled for my behaviour.
As to bucks do not worry .Very soon the rate will be around 250 Ft (my prediction is February) then will go back under 200 then back again and so on.) .The exchange rate is a huge rollercoaster these days.If you can bear those ups and downs without feeling dizzy you can gain a lot.(especially if we take into account that stock prices in general move in the opposite direction)

Yes, 300 Ft would be fair. As for Orban I share your opinion. People who voted for him will be disillusioned (many are already).
(Joe, 25 November 2010 15:21)

I tell you what, Joe. All public offices are now obligated to display some sort of "pledge of allegiance" tacepao, Orbán-style. I see, you did read the B92 article regarding the new TV news rules.

We can endure a lot - but at the moment my kids have to sing somewhat like

"A párttal, a néppel egy az utunk, a jélszavunk unka és béka" (notice the intentional little mistakes) I will just call Miodrag, our ticket agent in California and ask about few one-way tickets....but not to Malmö.

http://www.youtube.com/watch?v=yYqQeDKcqrI

I hope you remember that "A párttal, a néppel" tune, didn't you?

OK, I tell you an other secret. We had little booklets in the school with the text of most important songs.... and they were distributed every music class. We had to sing songs like that "A párttal, a néppel". At one point I was fed up. Me and my friend in secret changed the text in all booklets from "a jélszavunk munka és béke" to "a jélszavunk unka és béka". And did some other mischief, too with other texts of similar nature.

Later some party fat cats came to listen to our singing. They also got the booklets, with "labor and peace" being changed to "toad and frog".

Large investigation was launched.... without any result. No one suspected a Soviet citizen doing such anti-communist crime.

I think, now I am toasted. Szemi knows not just my highschool but probably can guess the year and I am not sure, how can he withstand the torture. There weren't many Hungarian-Russians out there who became Americans. So probably now I can expect a knock in the door in the middle of the night: "Orb-stapo, please open the door!!!"

I better call Miodrag regarding these tickets now. Maybe they won't be called Orbstapo, as I heard the names like "OrbGB", "OrbánSI", "Orbánutate", "OrbKVD" are also considered.

It's my belief that Bernake like his predecessor will try to inflate the dollar in order to increase employment.It
has never worked before is not going to work now.The US dollar,whether you like it or not,is toast.
(Leonidas, 25 November 2010 16:01)

The dollar should be deflated to increase employeement, not inflated. The US dollar is backed by the largest economy in the world, and the most productive workforce in the world....

So far they have done pretty well to bail out your beloved Greece every time you need it.... which has been pretty much the case for the last 30 yrs.

So if the dollar goes bust, who will bail you out?

(Denis, 26 November 2010 17:38)
You are wrong about the US being the most productive. Even the France labor force with their 35 hour workweek is more productive (relatively speaking) than their US counterpart, not to speak of Germany even.

The US propaganda continues..."unprovoked" actions by DRK, I doubt it very much considering this happened a few days after the nuclear experts returned from their trip to DRK and were greatly alarmed by the progress of DRK's nuclear technology program. The White House got scared and engineered their newest international military intervention by assuring the South Koreans that the US would have their back in instigating an incident in which the DRK had no other recourse than to respond to (1) South Korean entry into disputed territory or (2) a Sarajevo-esque Muslim self-attack so that the outside world can cry "foul" and attract help against DRK "aggression"(you pick the scenario). Let's remember that aggression is not a crime to the US since they are not party to the Rome Statute or its subsequent aggression definition summits. I do not remember if DRK is not party to these agreements as well. Should be interesting to see what happens next...I am throwing my money on a new US "intervention" to show Kim Jong Il who is the big boss on the world scene...despicable!

What has become clear since the breakout of hostilities in the Korean pennisular is that we've been inudated with warmongering propaganda instead of factual details of the incident.

The fact of the matter is SK decided to hold military exercises on a disputed island whose status hasn't been resolved since the 1950s.NK protested but SK decided to continue their exercises by firing shells into the sea.
In retaliation NK fired shells at the island and SK fired shells in return.

I think the next obvious step forward will be resolving the status of the disputed territories.This should be done by the koreans themselves without any outside interference.

However the chances of this happening are close to zero.The US seems hell bent not only on destroying the world economy by their ongoing efforts to maintain the failing "Dollar Hegemony but they are as keen as ever to provoke North Korea, Iran and anybody else they don't like.

"The US seems hell bent not only on destroying the world economy by their ongoing efforts to maintain the failing "Dollar Hegemony but they are as keen as ever to provoke North Korea, Iran and anybody else they don't like.'
Leonidas

Oh those Yankees again...How dare they?
They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
And now these "provocations" in Korea. Definitively if you would have a Thanksgiving day like we will have tomorrow you would have nothing to thank. Life can be real hard Leonidas.

The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.
(Leonidas, 24 November 2010 20:59)

Spot on. Its all to take attention away from the current state in the US. There are huge demos in Europe, wait till they start in the US; they will be bigger and more violent.

Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer.
(Je¿ walutowy, 24 November 2010 22:08

The loss to your salary is due to Quantative Easing.When you debase a currency,as the federal reserve has been doing for some time now,creditors lose and debtors win.Anybody holding US dollar denominated assets is simply screwed.

Lat time i checked the US goverment owed alot of money.Lucky for it,minting dollar bills requires only two cents worth of paper and ink.So a little bit of extracurricular money-printing pay the bills.The problem is that creditors don't usually tolerate such shenanigans for long.Even the staunchly pro-US saudi-arabians have been holding meetings with other US creditors to dump the dollar.As you know there are two things that have been determning US hegemony since World War II,the dollar and the military.You couldn't have one without the other.Now the dollar is in its last gasps so will be the US military and therefore US power.

It's my belief the dollar will go down the drain in the next few years.Bernake will make sure for that.

"Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer."
Je¿ walutowy

Ataman, with "increasing" I ment only the recent days. Yes in May - or was it in April - it was much better. For 1 day it was even around 1.19.
Your purchasing power will increase if the "contagion" reaches Portugal and Spain. Spain could become our "amigo grande" by making the dollar more espensive. Than we could say "viva Espana".

"The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.
Leonidas

Leonidas, actually both the housing and job situations seem to have stabilized lately (maybe just temporary). Also a lot of people, who lost homes had several of them. They are not the poor people you think of. They bought and sold them in a short time, "fliped" them with a profit. This "good times" are over. I know of several cases, where people took two huge mortgages and expected to make a "keel". And these are not young people with children. Since big mansions don't sell at all nowadays one old couple I know will lose two of them and become homeless.
As for people on the dole it is surely very hard but even they can be thankful in a certain way. Because of the situation their unemployment payment get prolonged again and again.

Oh those Yankees again...How dare they?
They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
And now these "provocations" in Korea. Definitively if you would have a Thanksgiving day like we will have tomorrow you would have nothing to thank. Life can be real hard Leonidas.
(Joe, 24 November 2010 19:56)

Indeed Joe.How could they?They might sue me for defamation.The truth is the US is getting away with all sorts of neoconservative foreign policy actions such as invading Iraq and Afganistan - only because them countries,unlike NK and Iran, did not have nuclear weapons and conformed to it's neoliberal agenda.

The US is using foreign policy to distract its people from their problems of losing their homes and their jobs.As to your thanksgiving you should ask all the millions of Americans on the dole or on food coupons or the homeless what they have to thank for.

They give you additional headache. The dollar - instead of falling - is increasing, currently 1 euro = 1.3552 dollar.
(Joe, 24 November 2010 19:56)

Unfortunately not. It was close to 1.2 in May, now as you said. I am extremely interested it being high because my salary is in USD. No idea, where it will land but our purchase power lost about 10% since Summer.

Ataman, with "increasing" I ment only the recent days. Yes in May - or was it in April - it was much better. For 1 day it was even around 1.19.
Your purchasing power will increase if the "contagion" reaches Portugal and Spain. Spain could become our "amigo grande" by making the dollar more espensive. Than we could say "viva Espana".
(Joe, 25 November 2010 01:44)

Don't overlook the endless (im)possibilities of Duce Orbán. Here I am ambivalent to say the least because in last few years I already lost about Ft 10 million on my home price. The home won't cut anything in Silicon Valley (nothing will cut!) - but it WAS worth a nice property somewhere in Portland or Corvallis area - which is precisely the one I like.

Now the situation is worse. Hence, Forint down the tube is both good and bad for me. If I continue to live in Orbánisztán - than I would like to see Ft going where it should be, at about 300 Ft = 1 USD. Now if we got fed up with all that Balkan kan-kan and pack (hope not!) than 170 Ft = 1 USD would be obviously better. Unfortunately it's not a choice because if things go really bad than Forint will be very low and home impossible to sell.

You may enjoy the news in the link below - didn't I complain about fascism for a while? That rivals Putin hands-down, I am telling you, Putin is a nice and good boy compared with Orbán. The difference is the size of the country. Imagine Orbán being the president of the States or Russia... better not to have such phantasies.

http://www.b92.net/eng/news/region-article.php?yyyy=2010&mm=11&dd=24&nav_id=71099

Now don't be upset if I speak about "zero" stone being painted in Serbian or Croatian color. This what I did fear, just made a joke of it. There is no one, not even Milosevic who rivals Orbán. At least what is about personal ambitions and psychology - there Orbán can be compared with Stalin or Duce, rather Stalin. His tragedy is the size of the country.

"It's my belief the dollar will go down the drain in the next few years.Bernake will make sure for that.
Leonidas

This was the hope of most Europeans for at least 10 years. The big irony of all this is that now those are the same Europeans, who deliberately helping the dollar by the euro crisis. The dollar is up today too. As I just read Weber, the president of the Bundesbank feels that if necessary the 750 billion euro rescue fond will be increased to 1 trillion. I don't think it will help too much (only temporarely).
As for the Europeans' wish to see the dollar going belly up the following saying comes to my mind "Be careful what you wish for others because you may end up with it yourself".

" If I continue to live in Orbánisztán - than I would like to see Ft going where it should be, at about 300 Ft = 1 USD"

Yes, 300 Ft would be fair. As for Orban I share your opinion. People who voted for him will be disillusioned (many are already). "Orbanisztan" is a good description...funny for me tragic for people living there.

This was the hope of most Europeans for at least 10 years. The big irony of all this is that now those are the same Europeans, who deliberately helping the dollar by the euro crisis. The dollar is up today too. As I just read Weber, the president of the Bundesbank feels that if necessary the 750 billion euro rescue fond will be increased to 1 trillion. I don't think it will help too much (only temporarely).
As for the Europeans' wish to see the dollar going belly up the following saying comes to my mind "Be careful what you wish for others because you may end up with it yourself".
(Joe, 25 November 2010 14:5

I have always said that as far as iam concerned the euro is history as things stand at the moment.In order to apply a viable economic policy you must have control over both monetary and fiscal policy.At the moment the EU can apply monetary policy through the ECB but hasn't got control over fiscal policy because it requires harmonization of tax policies and that requires political union .

It's my belief that Bernake like his predecessor will try to inflate the dollar in order to increase employment.It
has never worked before is not going to work now.The US dollar,whether you like it or not,is toast.

Yes, 300 Ft would be fair. As for Orban I share your opinion. People who voted for him will be disillusioned (many are already).
(Joe, 25 November 2010 15:21)

I tell you what, Joe. All public offices are now obligated to display some sort of "pledge of allegiance" tacepao, Orbán-style. I see, you did read the B92 article regarding the new TV news rules.

We can endure a lot - but at the moment my kids have to sing somewhat like

"A párttal, a néppel egy az utunk, a jélszavunk unka és béka" (notice the intentional little mistakes) I will just call Miodrag, our ticket agent in California and ask about few one-way tickets....but not to Malmö.

http://www.youtube.com/watch?v=yYqQeDKcqrI

I hope you remember that "A párttal, a néppel" tune, didn't you?

OK, I tell you an other secret. We had little booklets in the school with the text of most important songs.... and they were distributed every music class. We had to sing songs like that "A párttal, a néppel". At one point I was fed up. Me and my friend in secret changed the text in all booklets from "a jélszavunk munka és béke" to "a jélszavunk unka és béka". And did some other mischief, too with other texts of similar nature.

Later some party fat cats came to listen to our singing. They also got the booklets, with "labor and peace" being changed to "toad and frog".

Large investigation was launched.... without any result. No one suspected a Soviet citizen doing such anti-communist crime.

I think, now I am toasted. Szemi knows not just my highschool but probably can guess the year and I am not sure, how can he withstand the torture. There weren't many Hungarian-Russians out there who became Americans. So probably now I can expect a knock in the door in the middle of the night: "Orb-stapo, please open the door!!!"

I better call Miodrag regarding these tickets now. Maybe they won't be called Orbstapo, as I heard the names like "OrbGB", "OrbánSI", "Orbánutate", "OrbKVD" are also considered.

I think, now I am toasted. Szemi knows not just my highschool but probably can guess the year and I am not sure, how can he withstand the torture. There weren't many Hungarian-Russians out there who became Americans. So probably now I can expect a knock in the door in the middle of the night: "Orb-stapo, please open the door!!!"

(je¿ ¿abowy, 25 November 2010 18:56)

No need to be afraid .I am not a köpös genya ( a person who reports to authorities)and anyway I am also fed up with Zsidesz as I call them.A one way ticket for Orsós(Orbán) family is a considerible option .Anyway I have also been for many mischives and had to visit the headmasters1s office quite often the most ridiculous case being admonished for writing under the date of a math testpaper which we wrote on april 22nd that "117 éve született Lenin bátyánk"(Our big brother Lenin was born 117 years ago).My philosophy teacher on one occasion when I misbehaved told me that I was a typical Pole destroying the socialist norms.
I imidiately gave him a lecture on his ethnic background and the class bursted out in laughter.It turned out to be a big scandal.Anyway during the third year of secondary school I was admonished 26 times .My school report (ellenörzõ) became a classic.Fortunatelly I had good academic reults (was second in a history national constest organized in 1986 when the 300th aniversary of liberation of Buda was commemorated and 5th in math OKTV) which I think prevented me from being expelled for my behaviour.
As to bucks do not worry .Very soon the rate will be around 250 Ft (my prediction is February) then will go back under 200 then back again and so on.) .The exchange rate is a huge rollercoaster these days.If you can bear those ups and downs without feeling dizzy you can gain a lot.(especially if we take into account that stock prices in general move in the opposite direction)

It's my belief that Bernake like his predecessor will try to inflate the dollar in order to increase employment.It
has never worked before is not going to work now.The US dollar,whether you like it or not,is toast.
(Leonidas, 25 November 2010 16:01)

The dollar should be deflated to increase employeement, not inflated. The US dollar is backed by the largest economy in the world, and the most productive workforce in the world....

So far they have done pretty well to bail out your beloved Greece every time you need it.... which has been pretty much the case for the last 30 yrs.

So if the dollar goes bust, who will bail you out?

(Denis, 26 November 2010 17:38)
You are wrong about the US being the most productive. Even the France labor force with their 35 hour workweek is more productive (relatively speaking) than their US counterpart, not to speak of Germany even.