Camp4Lib

Dollar Goes Down Along with Bailout Plan

Bottom line: the dollar isn't strengthening. It's simply crumbling slower than other world currencies.

Dollar Goes Down Along with Bailout Plan

Yea, the dollar gained on those currencies but take a look as against commodities. Keep in mind many of these other gov't/countries/curren... are incredibly intertwined with our own. Guaging the value of our easily inflatable Dollar against an easily inflatable Euro isn't representive of the dollars objective strength. It only represents it's relative strength.

Dollar Goes Down Along with Bailout Plan

I have AOL :( and they had a direct link for it on their welcome screen.

Dollar Goes Down Along with Bailout Plan

Curbs, I can identfy myself with that lady. I don't carry cash and buy very little. The only reason I do buy stuff with a credit card (which I pay in FULL every month) is to continue building my credit so I too can have a great interest rate when I have my 20% down payment for my future house. [I should be ready for that within 9 months ;)]

Dollar Goes Down Along with Bailout Plan

Hopefully something good will come from this bail-out plan. MANY people are strongly against it and now we have a list of 205 people we can point to and say "These guys must go!"

Dollar Goes Down Along with Bailout Plan

Dealfinder, with your experience, what would you say is the ratio of hard working people who got knowcked hard to those who carelessly got in over their heads? I'm sure it's not always a clear cut case for being one or the other but just your "ballpark guestimate".

Dollar Goes Down Along with Bailout Plan

Amen, Dozer. But don't forget the ridiculously low 1% rate set by the fed in the wake of Sept. 11. It is likely that, had a free market been setting the rates, rates would have temporarily shot UP for a short (figure 6 - 18 mo) term and then ease back to normal once the market would realize everything would be alright.