Obama HaHa 2 years in Senate, CPI Change in 1982, Clinton left a surplus, Republican President Senate and Congress 2000-2006 thats where ALLl the fault lies.
Much of this started in 2002 when Greenspan lowered the FFR to 1% to fire the economy for Bushes re-election. Lets all admit it Bush's Presidency has been a disaster and history will paint him as he worst President in HISTORY. 9/11, Cheneys (deregulated) energy policies, Iraq WMD, Katrina, Justice dept scandle, patrion act, torture, Bank Bailout. 8 years of lies, deception, stonewalling and coruption. My thought let the Banks fail and lets start over with a new Peoples Federal Reserve they dont deserve our money or our support, let free markets govern free markets!
Foreign Treasury Buying and the Dollar Rally: Debunking a Theory [View article]
Weak dollar high oil price, everyone except Opec looses, while all economies tank. The Central banks are doubleing down their treasury investments to protect there value. There is intervention.
Start Planning for a Hard Economic Landing [View article]
Your putting a lot of faith in the dollar considering we don't know how much the Fed will need to print to bail out the Financial system. With continued tax cuts and increased spending national debt and enitlement programs wheres the money going to come from. Absent present currancy intervention and a weak Europe the dollar should be weeker and is struggleing to remain beow 150 to Euro.
The ability of the US economy to rebound quickly (before Europe)because it was first in so its first out of recession is no given. The systemic problems of debt, entitlements, bailouts, jobs do not bode well for a quick let alone robust recovery.
Foreigners Selling U.S. Stocks: A Good Sign [View article]
Maybe they sence an intrim market top for the dollar rather than stock market weekness? With record deficits, budget, and the Fanny and Freddie mess will the dolar weaken in the second half of the year? Without Treasury intervention would he USD be where it is today vs last month?
The U.S. Dollar: A Six Month Outlook [View article]
to be made in stock after all thats what they do. Energy, commodities, furtilizers are well played out (but trading them can be profitable) and the big boys are taking profits. Gold and silver in its time will be profitabe as well. But in the long run safe emerging market ETF's I believe are the way to go I like EWO I hope I'm right I've got a lot riding on it.
The U.S. Dollar: A Six Month Outlook [View article]
Cash is King but your purchasing power is being eroded by the day. The recapitalization of the banks and clearing of the 9 circes of hell is expected to take 4 more years to run through the system. You need to make at least 15% anually (due to infllation and dilution of the dollar) just to stay even, We haven't seen the worst of inflation yet, due to the poor economy many price increases havent been passed on to the consumer yet which make matters worse for stocks since companies profits are being squeezed and wil leed to a still lower stock market. The pundants and brokerages will spin that theres always money
Today did the "punge protection team" saved the day? Selling Gold and buying bank stocks and select techs to stop the markets fall? It all happened at the same time three hours after the markets opened.
US Dollar: Back to the Drawing Board [View article]
Wrong, ECB leaves rates unchange 2 reasons member states are complaining about stagnant growth due to EURO strengthand and ECB dosen't want to be implicated should the US markets take a header post rise.
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