Dollar plunges tonight following Obama's TV address on debt (Canada, cost, elections)

[cw30000]

Originally Posted by modeerf

Would that be considered inflationary?

No. Dollar plunged is not inflation. Yes, it buy less against other currency.

But when all the fiat currencies race to the bottom, then even the "strongest" of all fiat is inflationary.

[florida.bob]

Originally Posted by lifelongMOgal

Yep, that's Obama: Winning the Future yet again.

He needs to just

Dollar plunges after Obama, Boehner speak on debt Currencies - MarketWatch

Markets hate indecision.

Yep, Norqu...er Boehner's continuing refusal to deal with the debt problem has it's price.

[Dutchman01]

Originally Posted by Ecovlke

Put the blame where it belongs, to the TeaRublicans who are dead set to make sure billionaires' tax loopholes for jets et al remain in place.

Let the fall begin. Hope you don't have your retirement tied up in the market or a 401 K. Kiss it good-bye if you we default.

Thanks so much Tearublicans! You're doin' a good job, brownie.

You do realize all that marxist class warfare crap largely falls on dead ears outside your little group of true believers donja'?

[VTHokieFan]

Originally Posted by Ecovlke

Put the blame where it belongs, to the TeaRublicans who are dead set to make sure billionaires' tax loopholes for jets et al remain in place.

Let the fall begin. Hope you don't have your retirement tied up in the market or a 401 K. Kiss it good-bye if you we default.

Thanks so much Tearublicans! You're doin' a good job, brownie.

Teapartiers didn't put us 4 trillion into debt. Sorry about it.

[Dutchman01]

Originally Posted by florida.bob

Yep, Norqu...er Boehner's continuing refusal to deal with the debt problem has it's price.

He is dealing with this nations debt problem. He's trying to starve the federal government of funds. We need a functioning economy not an all powerful central government that constantly intrudes into the lives of it's citizens. Big government isn't the solution, it's the problem.

[Driller1]

Originally Posted by James420

Make them pay a 25% tax on those jets when they buy them. There, no loopholes.

You do know how taxes work???

If they use the jet for business, it is all a write off.

[EinsteinsGhost]

Originally Posted by lifelongMOgal

Yep, that's Obama: Winning the Future yet again.

He needs to just

Dollar plunges after Obama, Boehner speak on debt Currencies - MarketWatch

Markets hate indecision.

And it is Obama's fault. I'm sure you followed it up with a celebratory toast?

[summers73]

Originally Posted by Ecovlke

You're doin' a good job, brownie.

Why are you referring to Obama this way? Racist much?

[Rggr]

Originally Posted by Ecovlke

Put the blame where it belongs, to the TeaRublicans who are dead set to make sure billionaires' tax loopholes for jets et al remain in place.

Let the fall begin. Hope you don't have your retirement tied up in the market or a 401 K. Kiss it good-bye if you we default.

Thanks so much Tearublicans! You're doin' a good job, brownie.

The fact that the jets even entered the discussion shows that Obama isn't serious about any real change. The jet loophole might bring 3 billion over ten years.

[Dutchman01]

Originally Posted by summers73

Why are you referring to Obama this way? Racist much?

......and the inevitable......race card You do know you guys have just done that one to death, don't you? At this point it's just silly.