Jan Rogozinski

Dollar Goes Down Along with Bailout Plan

So many nasty, smarmy comments about how much the commentator is enjoying the pain of those that are losing their home Becca the commentator is so much more intelligent, virtuous, and holy than everyone else; and he is is proud that he has never in his life made any mistake. What truly extraordinary arrogance..

Well what should one expect? The one thing all Americans have in common is that the sole reason they or their ancestors came here--leaving family, Friends, Carree, and the village their ancestors had lived in for ten thousand years--to become filthy rich without working. (The only exception is Blacks, but only those whose ancestors came here before 1807, when the slave trade ended; Blacks and "Hispanics" coming to the US since 1865 are just as greedy, often more greedy as whites.)

Americans have in their genes total selfishness. Well you guys deserve what you get.

5 Reasons Why the U.S. Dollar Will Weaken Further

In your list of causes of the dollar's decline, you missed the fact that Bush literally has doubled the government's deficit. Through his stupid continuing war on the Iraqi people (the enemy government surrendered many years ago) and his tax cuts for the very rich.

Bush's deficits contribute to the dollar's decline through simple supply and demand economics. How many more treasury bonds will China eat, how many can China eat?

Moreover, the weak dollar is in a vicious cycle. A foreigner in a foreign country (as apposed to the 20+ foreigners who illegally live in the USA would be a chump to buy US stocks and bonds with his own currency. (Buying physical assets as the foreign sovereign government investment funds do makes real sense, on the other hand).

McCain is proposing more wars and more tax cuts and thus even higher government deficits. If he wins, the dollar will go to 5 Euros and oil to $400 a barrel..