Replies to post #18355 on First American Scientific Corp. (fka FASC)

[rj2]

Sleepin,

A cheap dollars allows our Manufacturing, Realestate etc.
to be bought out cheaply. It is an erosion of our equity in
the US.

To protect Mfg jobs in the US we need fair trade in lieu of free trade.

My opinion,

RJ

[rj2]

Sleepin,

I do see some benefit from the weak dollar, but it is short term. Alternative energy, fair trade in lieu of free trade,
simplified tax system etc would all help. I live in Michigan
where the economy is devistated in the East and Northern portions of the state. The numbers are misleading on the unemployment rate when people have been unemployed so long they have fallen off the system. Realestate around Saginaw can be bought for a fraction of the Value it was several years ago. Foreign investors from England that I have talked to said they get a double bonus buying in US right now. Not only does real-estate cost much less here but the dollar allows them an additional benefit.

Truth is I have an opinion whether it is the right one is just speculation.

RJ