ST Alpha - "a. this blogger is talking about living expenses not $165 million cash b. hedging foriegn currency is betting against america" (Reading a Post)

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In response to "here's another list, this from investopedia (there are lots of these out there, turns out). nm but: -- (link)" by b.

a. this blogger is talking about living expenses not $165 million cash b. hedging foriegn currency is betting against america

Posted by zeitgeist Jul 10 '12, 13:20

And the way the euro is going a bad bet

Responses:

hmmm...even *I* think your second point is bullsh!t - znufrii Jul 10, 13:23 12
- It's worth pointing out that several Democrats have used this talking point. (I realise it plays on an Obama slogan, but it's still cynical) -- nm - Roger More Jul 10, 13:26 1
  - I read some things I wish I could unread while looking for the links. - b. Jul 10, 13:31
- *snork* -- nm - Spawn Jul 10, 13:23 9
  - and as much as I would like to make the argument that running for president holds someone to a different standard - znufrii Jul 10, 13:26 8
    - Not just the offshore accounts; but actively hedging your investments with other currencies. -- nm - Will Hunting Jul 10, 13:29 7
      - What counts as hedging? Diversifying? Or, say, actively pulling your cash out of US assets because you expect the currency is going to fall? -- nm - Roger More Jul 10, 13:36
      - i missed what started this conversation - but don't most governments invest in foreign currencies? -- nm - Andie Jul 10, 13:31 5
        
        The Obama campaign is going after Romney for offshore accounts. (And yes, most countries do) -- nm - Roger More Jul 10, 13:34 3
        
        oh, that's dumb. -- nm - Andie Jul 10, 13:37 1
        
        The idea is to build on the impression Romney is rich and out-of-touch with ordinary Americans - Roger More Jul 10, 13:40
        
        I don't care for the phrasing of the ads - it's along the lines of "do *you* have offshore accounts?" -- nm - b. Jul 10, 13:37
        
        I'd hope so. -- nm - Will Hunting Jul 10, 13:32
There's no reason why US investors shouldn't be able to diversify their investments outside the US. It's not betting against America. -- nm - Roger More Jul 10, 13:22 2
- Kiva is anti-America!!! -- nm - Spawn Jul 10, 13:23 1
  - why does Kiva hate Toby Keith? -- nm - CQ Jul 10, 13:35

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a. this blogger is talking about living expenses not $165 million cash b. hedging foriegn currency is betting against america

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