| I asked in one of my earlier posts if the US Dollar has | | | | possible... If someone wants to make a stupid loan... Ok |
| bottomed or will the US Dollar crash? What I find | | | | great...that is their issue.. But why should we the tax |
| fascinating... is that common logic ...that the US Dollar | | | | payer, the hard working saver have to bail the banks |
| should have gotten crushed over the weekend. Well it | | | | out for their GREED? |
| is 5 am and I am drinking my coffee and looking at the | | | | The dollar fell against 14 of the world's most-traded |
| CME Globex...and yes the US Dollar is down...but not | | | | currencies on Sept. 19 when the FED unveiled their |
| CLOBBERRED? | | | | restructuring plan. The feel good rally of the Standard |
| Aren't we all in this together? Isn't Western Europe | | | | & Poor's 500 Index of 4 percent maybe was just |
| having the same issues as the US? One can't miss the | | | | that. |
| news and see that Russia closed their | | | | FEEL GOOD! |
| markets...eventhough they rebounded almost 25% with | | | | Confidence building! |
| last weeks feel good rally. | | | | But for who? |
| I assume the US Dollars problem is everyone's | | | | I will feel good once we have a strong nation again |
| problem. | | | | and a responsible govt who supports the US dollar |
| It is clear the Fed is trying to restore confidence, but it | | | | instead of bailout for the most stupid bankers of this |
| is not rocket science to realize that spending $700 | | | | century (probably all time). |
| billion dollars on tainted all flavored mortgages and | | | | How many of you realize that this unprecedented |
| $400 billion on money market funds will boost the | | | | government intrusion into the markets will increase the |
| national debt even further and put us more into debt. | | | | US debt ceiling by 6.6 percent to $11.315 trillion. |
| It is PRINT AND TAX time! | | | | Another nice thought in order to protect our money |
| Isn't or Wasn't the US Dollar the BASTION of security? | | | | and hoping to get a return of money......not a return on |
| Maybe it still is regardless of the fact of all our | | | | money.. ...that just by putting our money in short term |
| economic problems. It is extremely unsettling that | | | | US govt interest rate vehicles we are losing money |
| people who paid their bills ..Saved their money in US | | | | due to inflation and taxes. |
| Dollars and now stand the potential of losing | | | | Will the Feds plan end the US Dollar rally that began in |
| purchasing parity due to the GREED of Wall Street | | | | June and drove the U.S. currency up 10 percent versus |
| and the banks. | | | | the euro, 2 percent against the yen and almost 13 |
| Where were the regulators restricting banks from | | | | percent compared with Brazil's real? I have no |
| lending to speculators who would buy a house with no | | | | idea...However. I would not be surprised if people start |
| money down...and look to sell it to potentially other | | | | looking at the Brazilian Real which has a higher interest |
| investors? | | | | rate and in many ways a self sufficient economy. |
| Ok ...let's say the regulators missed that... which is | | | | |