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Kiss the dollar goodbye.

Can we thank Obama and the libs in congress (and of course the three or so RHINO's) who voted for the stimulus bill for the dollar reaching the breaking point?
Of course I do believe that was Obama's plan.

http://bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o

Answer Question
 
Carpy

Asked by Carpy at 6:10 PM on Oct. 12, 2009 in Politics & Current Events

Level 39 (114,053 Credits)
Answers (24)
  • Libs and RINO's and Obama's plan? I wouldn't touch that with a 10 foot pole. Nuh uh. But....RHINOS? That's an animal. RINO= Republicans In Name Only........ You ,of all people, should know that. ;-) ;-) ;-)
    Anonymous

    Answer by Anonymous at 6:14 PM on Oct. 12, 2009

  • We can thank bankers and wall street crooks who ran the dollar to the ground.
    Anonymous

    Answer by Anonymous at 6:16 PM on Oct. 12, 2009

  • sorry, I am only human.
    Carpy

    Answer by Carpy at 6:16 PM on Oct. 12, 2009

  • Carpy, you know this is all Bush's fault!


    The diversification signals that the currency won’t rebound anytime soon after losing 10.3 percent on a trade-weighted basis the past six months, the biggest drop since 1991.


    Well, once the dollar is gone the government will no longer be in debt, and every one with a positive bank account will have nice crisp toilet paper!

    Crissy1213

    Answer by Crissy1213 at 6:26 PM on Oct. 12, 2009

  • 6:16
    You mean those Wall Street people that were responsible for maximizing company profits, by increasing stock values, so they in turn could hire more people, and make their employees richer?! Aren't they horrible, evil people!!! (sarcasm)

    Last time I checked poor people weren't doing any of the hiring, the manufacturing, the distribution, or the research and development!!
    LoriKeet

    Answer by LoriKeet at 6:26 PM on Oct. 12, 2009

  • Well, once the dollar is gone the government will no longer be in debt, and every one with a positive bank account will have nice crisp toilet paper!


     


    Time to start stuffing our mattresses and buying gold bullion!!!  Way to go Barry and Co! 


     

    LoriKeet

    Answer by LoriKeet at 6:28 PM on Oct. 12, 2009

  • The weakening of the US dollar against the Euro and the yen (heck, against just about every currency out there) has been much in the news lately. As you might expect, the weakening has some bad effects and also some quite good ones. The following article will cover the effects of a weak dollar and why it's weak, inflation, devaluation and what may be coming next.
    http://www.callwriter.com/newsletter/currencymovements.htm

    Writen Nov 17,2004 Get your facts straight. Thank you BUSH !
    Anonymous

    Answer by Anonymous at 6:29 PM on Oct. 12, 2009

  • The surge of corporate scandals in America has undermined international investors' confidence and caused the dollar to weaken. In the short term, a weak dollar is beneficial to the American economy. However, the dollar's status as a world reserve currency could be threatened

    July 8, 2002 http://eng.expert.ru/business/26scandal1.htm
    Anonymous

    Answer by Anonymous at 6:32 PM on Oct. 12, 2009

  • STOP BLAMING EVERYTHING OF OBAMA!

    Yes, he is responsible now and trying to get us out of this mess, but he is NOT ENTIRELY the cause!
    Anonymous

    Answer by Anonymous at 6:34 PM on Oct. 12, 2009

  • If you haven't been paying gold, you not that smart!
    Anonymous

    Answer by Anonymous at 6:35 PM on Oct. 12, 2009

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