Monday, December 21, 2009

The Dollar

For those of you who don't follow forex markets as closely as FLG, he wants you to know that the dollar has bounced back in a big way.


Although, it's still down overall. Here's the 5 year chart:

1 comment:

Anonymous said...

Eh, forget about the fall of the dollar - Obama's decline is more fun:

""What's really exceptional at this stage of Obama's presidency," writes Andrew Kohut, the Pew Research Center's respected pollster, ""is the extent to which the public has moved in a conservative direction on a range of issues. These trends have emanated as much from the middle of the electorate as from the highly energized conservative right. Even more notable, however, is the extent to which liberals appear to be dozing as the country has shifted on both economic and social issues.""

"From which we can draw two conclusions. One is that economic distress does not move Americans to support more government. Rasmussen reports that 66 percent of Americans favor smaller government with fewer services and only 22 percent favor more services and higher taxes.

"The second is that Barack Obama's persuasive powers are surprisingly weak. His advocacy seems to have moved Americans in the opposite of the intended direction.

"Obama first came to national attention in 2004 by promising to heal partisan, ideological and racial divisions. Like the other two Democratic presidents elected in the last 40 years, he campaigned in the center and started off governing on the left. In Copenhagen and on Capitol Hill, we are seeing the results. Splat."- Michael Barone


Mrs. P

 
Creative Commons License
This work is licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.