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Old 10-09-2009, 04:45 AM
 
1,360 posts, read 1,933,279 times
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Hows all that hope and change socialism working out for you...


Dollar Trades at Lowest Level Since August 2008 on Risk Demand - Bloomberg.com
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Old 10-09-2009, 05:30 AM
 
Location: Unperson Everyman Land
38,583 posts, read 26,139,446 times
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Welcome back Carter.

We are soooo screwed!
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Old 10-09-2009, 05:36 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,239 posts, read 53,841,292 times
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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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Old 10-09-2009, 05:39 AM
 
1,360 posts, read 1,933,279 times
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Quote:
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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Old 10-09-2009, 05:42 AM
 
805 posts, read 770,070 times
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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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Old 10-09-2009, 05:46 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,239 posts, read 53,841,292 times
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Cool! We even get graphics of whiney little babies whining about ,

,

,




the same things they don't whine about when it doesn't suit their agendas.
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Old 10-09-2009, 05:58 AM
 
19,198 posts, read 31,324,250 times
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Originally Posted by tonyandclaire89 View Post
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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Old 10-09-2009, 06:01 AM
 
Location: Unperson Everyman Land
38,583 posts, read 26,139,446 times
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Originally Posted by burdell View Post
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.

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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Old 10-09-2009, 06:02 AM
 
805 posts, read 770,070 times
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Quote:
Originally Posted by burdell View Post
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.
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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Old 10-09-2009, 06:05 AM
 
12,867 posts, read 14,826,605 times
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Quote:
Originally Posted by burdell View Post
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.
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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