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10-09-2009, 04:45 AM
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Senior Member
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Join Date: May 2008
1,213 posts, read 323,997 times
Reputation: 409
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Dollar Trades at Lowest Level Since August 2008 on Risk Demand...Obama's brilliant economic policies working wonders..
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10-09-2009, 05:30 AM
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Senior Member
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Join Date: Sep 2008
Location: Arizona's 86th Congressional District
7,076 posts, read 1,736,272 times
Reputation: 1139
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Welcome back Carter.
We are soooo screwed!
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10-09-2009, 05:36 AM
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Never lose your sense of wonder..........or wander
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Join Date: Aug 2006
Location: On Da Beach, Where I Belong
11,764 posts, read 4,941,902 times
Reputation: 4980
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Interesting, I can't seem to find any posts by the NeoConfused whining about the weakness of the dollar 14 months ago. I guess the weakness of the dollar isn't the real agenda of this thread and so many whines like it.
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10-09-2009, 05:39 AM
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Senior Member
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Join Date: May 2008
1,213 posts, read 323,997 times
Reputation: 409
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Quote:
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Interesting, I can't seem to find any posts by the NeoConfused whining about the weakness of the dollar 14 months ago. I guess the weakness of the dollar isn't the real agenda of this thread and so many whines like it.
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10-09-2009, 05:42 AM
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Senior Member
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Join Date: Jun 2009
129 posts, read 16,511 times
Reputation: 46
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A weak dollar is just another sign of our governments’ inability to live within its means.
I think we are just starting to see the beginnings of the "perfect storm" of America's decline into a second rate financial power.
Democrat Party fiscal irresponsibility and corruption coupled with Republican impotency and the previous administrations non-Conservative principles contributed greatly to this storm we are about to witness.
American voters are unsophisticated in their ability to see how government works and what words mean. Electing a socialist with fascist tendencies will have its dire consequences.
Tea Party people clearly see many of the dangers that we face.
What is wrong with the rest of American voters?
When the result of the 2008 Elections bear fruit, America will not like the taste.
A small dangerous and growing element of un-Americans desires and is working for the destruction of American primacy. Others are just stupid beyond belief and continue falling for the class warfare language of demagogue politicians.
Will the America that tipped the last election and gave us this Administration wake up in time? Or is it too late already?
This sure isn’t my father’s America!
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10-09-2009, 05:46 AM
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Never lose your sense of wonder..........or wander
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Join Date: Aug 2006
Location: On Da Beach, Where I Belong
11,764 posts, read 4,941,902 times
Reputation: 4980
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Cool! We even get graphics of whiney little babies whining about  ,
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the same things they don't whine about when it doesn't suit their agendas. |
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10-09-2009, 05:58 AM
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Keep the Illegals, Deport the Republicans
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Join Date: Jan 2007
14,663 posts, read 6,314,970 times
Reputation: 2460
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Quote:
Originally Posted by tonyandclaire89
Hows all that hope and change socialism working out for you...  |
Better than being a disgraced and discredited fringe party of screamers and whiners is working out for you guys... |
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10-09-2009, 06:01 AM
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Senior Member
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Join Date: Sep 2008
Location: Arizona's 86th Congressional District
7,076 posts, read 1,736,272 times
Reputation: 1139
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Quote:
Originally Posted by burdell
Interesting, I can't seem to find any posts by the NeoConfused whining about the weakness of the dollar 14 months ago. I guess the weakness of the dollar isn't the real agenda of this thread and so many whines like it.
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That's because it wasn't this weak back then. It is now at a record low. When Carter was president, his Fed Chairman pursued a weak dollar hoping to artificially boost exports. The problem with this tunnel vision approach to monetary policy is that inflation and the fear of inflation causes investment dollars to dry up. That is stagnation plus inflation or what was termed at the time "stagflation". It would also become famous as "Carternomics". By the time Reagan took over in 1981, we had experienced a 22% misery index and were in an inflation spiral. During the Cater presidency the dollar price of gold increased 270%. Gold is now at $1000 per ounce and going higher. We can't just keep printing money and hope the GDP fairy will save the day.
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10-09-2009, 06:02 AM
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Senior Member
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Join Date: Jun 2009
129 posts, read 16,511 times
Reputation: 46
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Quote:
Originally Posted by burdell
Interesting, I can't seem to find any posts by the NeoConfused whining about the weakness of the dollar 14 months ago. I guess the weakness of the dollar isn't the real agenda of this thread and so many whines like it.
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And I'm sure that we can look back 14 months and find all the posts you initiated whining about the weakness of the dollar.
Not.
They have a name for people who don't do what they accuse others of not doing. |
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10-09-2009, 06:05 AM
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Things that can't go on forever, don't.
Status:
"the buck stops somewhere over there"
(set 2 days ago)
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Join Date: Jan 2007
6,363 posts, read 2,110,746 times
Reputation: 1590
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Quote:
Originally Posted by burdell
Interesting, I can't seem to find any posts by the NeoConfused whining about the weakness of the dollar 14 months ago. I guess the weakness of the dollar isn't the real agenda of this thread and so many whines like it.
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evidently, you missed ALL the posts by conservatives who were against the bank bailouts in the first place, and you must have missed all the posts by conservatives which objected to wasted stimulus spending. all of these actions lead to greater debt, the flooding of US dollars, and the inevitable devaluation of the dollar. |
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