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Politics : John McCain for President -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (1780)7/3/2008 4:05:45 PM
From: American Spirit  Respond to of 6579
 
US Dollar Down 41% (so far) Under Bush (Bloomberg)
bloomberg.com

It's actually down more than 41% against the Euro, but this 41% drop represents the amount of our public wealth which has been stolen, wasted, borrowed and squandered, etc. Most of it ended up in the hands of the top 1% richest.

The weak Bush dollar wouldn't be so alarming if OPEC hadn't finally decided to re-adjust the price of oil. So while about one third of the price now is criminal gouging, the other third is the devulation of the dollar, which is Bush and the rightwing's fault. Their lower taxes on the rich, borrow and spend like there's no tomorrow strategy was a collosal failure which may land us in another great depression. The first depression was brought on by Bushie types back in the 1920's.