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Old 10-22-2009, 03:22 PM   #1
Archaea
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Default Dollar Dips

http://www.nytimes.com/2009/10/19/bu.../19dollar.html

The concerns seem to be a loss of financial pull if the dollar is replaced as the premier reserve currency. Will some manufacturing benefit? Perhaps.

And to entice Europeans to buy our treasuries, it will require, drumrolls please, raising interest rates. Hallelujah!

F. Obama and his acolytes.
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Old 10-22-2009, 07:44 PM   #2
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Originally Posted by Archaea View Post
F. Bush and his deficit spending in a time of unprecedented tax revenues, trillion dollar wars, non-existent regulation of out-of-control financial markets, Medicare Part D, trillion-dollar tax cuts that made the deficit worse, and TARP/TARF/BARF.

F. him and all his acolytes. F. Bush for the weak dollar.
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Old 10-22-2009, 08:03 PM   #3
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Originally Posted by Levin View Post
F. Bush and his deficit spending in a time of unprecedented tax revenues, trillion dollar wars, non-existent regulation of out-of-control financial markets, Medicare Part D, trillion-dollar tax cuts that made the deficit worse, and TARP/TARF/BARF.

F. him and all his acolytes. F. Bush for the weak dollar.
Obama is making Bush look like a frugal penny pincher. But I agree Bush should be loathed because he acted like an Obamawannabe. F all you big spenders.
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