Dollar has dropped 41% since Bush elected

With an idiot like Bushie running the ship what would anyone expect. He belongs in prison for life along with his cronies and his brothers and father.

41%?!?!
Sweet Zombie Jesus that's a lot!

My friend just went to Greece for vacation and the dollar lost 40¢ in one day. Ouch!

this is why we should of impeached bush 8 years ago

Shouldn't be obvious by now his policy is devalue and dollars american comedities so large out sourcing companies rule, and have the government spend like crazy so we eventually have to cut social welfare programs to make up for our debts. The most ingenious policy from the right yet. Use the lefts ideas until you destroy the machine that thrives upon them.

I've lost my ability to react under the Bush Administration.

Maybe we should switch to the Euro.

Thats why he has billions, his clan is loaded too.
There is no more middle class the 50 thou a year job
is now 25 thousand a year and falling.

This is why it flabbergasts me when people say they are voting for Mccain because they are 'socially democrats, but fiscally Republican'.

i 'm paying off a credit card bill which consists of nothing else but pints i bought in the UK last time i was there - as the dollar keeps falling , the pint that cost me $8- $10 a few months ago is costing me 12-14 now , and rising . absurd.

BUSH ben had money. his family read up on his gramps..
he and his fam muscled there why in office to get more $.. it was business nothin personal.. "it's been heaven ssent get ready we have a black president" TOPAC

Money is information, at least it used to be, now that all the information is on the web. Does anyone else realize that the life-span of money IS finite? Of course the idiot in charge has accelerated the decline, he has done nothing but try to hoard all the money for him and his cronies, but all this money they are so stuck on having the majority of is gonna be worth nothing before too long. If money only holds value based on what information it represents, and all the information is quickly being transferred to everyone equally. It stands to reason that at some point in the not to distant future we wont need it anymore. Star Trek universe, here I come.

Too desensitized by all the comedy that surrounds that man to take anything in the news seriously.

I would throw in my two cents on this issue but apparently they're barely worth one.

do ANY of you know that the devaluation of the US dollar is strongly influenced by the rate at which the US Fed prints dollars?!??!?

Greenspan and Bernanke are the guilty parties. They're doing it; they're the ones in control, NOT the Shrub.

have ANY of you noticed that every time Greenspan or Bernanke has opened their mouth, Wall Street has gone haywire?!?!?

could you conceive that the best thing that could be done is to match the money supply to population and productivity growth and put a freaking MUZZLE on the Fed Chair?!

We'd ALL be better off as a result! Don't believe me? ask Ron Paul or Jim Rogers....

http://www.youtube.com/results?search_query=jim+rogers&...=

Thank you plus for doing your usual job of quieting up the idiots who dont know anything about the economy. George Bush isnt printing the money the Fed is, and there is nothing to back the money up.

Its basically worthless paper. The more worthless paper you print the less the other worthless paper is worth.

Everyone's faith in America has dropped 41% since Bush.

Still, it's the shrub's cronies' fault...if they weren't getting us deeper and deeper into debt on a daily basis, then they woudn't have to print more and more money to pay those, who they cannot otherwise pay, which is just continually increasing the vicious cycle of debt...

The illogical nature of this sort of economic scheme for the great country of America fits dubya to a T...you can bet he's not affected, though...he's invested all his money in the euro...probably gets his kickbacks in euros...the one thing he knows, is how to count HIS money...

@PT... you want to make currency exchange illegal as an "investment"? a friend of mine was making more trading currencies between england and germany back in the 70s than he was making at his "day job."

it's gonna happen.

but consider this: as the dollar "weakens" US goods become cheaper as exports, and exports increase. our manufactured products become more competitive with other countries' goods. so everyone around the world keeps trying to manipulate their currency to get a benefit or screw the other guys.

blame Nixon for killing the gold standard.... reinstating THAT would do more than all the jawboning and blaming in the world, but it would also remove the power from governments to screw around with money, and i don't think you'll sell that idea too successfully around the world.


but also remember that one of the last times the dollar was bad and the yen was strong, books like "The Japan That Can Say NO" [to the US] were very popular, and everyone thought they would take over the world.

they didn't. years after they were "buying all of america" they were selling, trying to get back their initial investments.

markets tend to correct when things get out of balance, no matter what the gumblement drones try to do.

your best bet is to ignore what Greenspan and Bernanke say, for starters.

Thats because they are borrowing too much money from the banks to fund the war and keeping it for themselves, but still have to pay us or money to live or daily lives. this leaves too much money in circulation weakening the dollar. Empowering a select few is the plan. They want to sustain the war as long as possible. They want us to be vulnerable so someone can come along with a plan (the plan they had since the beginning) to strengthen the dollar, and the plan can be whatever he wants it to be. including getting rid of the dollar and introducing us to a chip.

The sad thing is people will want the chip, because when you can't provide for your family you will do anything.

Hey. I know.
Let's just give up the dollars and barter goods for goods with our neighbors.
"I'll take out your garbage for a week for some of those carrots you're growing."
How old fashioned traditional would that be, eh?

Bush can't be impeached because of a falling dollar. That is too ridiculous to even consider. Following this line of reasoning, Clinton should have been impeached for the tech sell off in 2000 instead of for perjury. (shaking of head)

The dollar has dropped by almost half. The real estate market is in the toilet. War between Iran and Israel or Iran and the U.S. is closer than ever. Gas and oil prices are a record levels. ALL since the most open and honest congress in history presided over by Nancy Pelosi. We have a Congress that gets up in arms over steroids in professional baseball and threatens to tax and/or nationalize private industry for having an 8.5% net income. Peosi and company are fiddling while Rome is burning.

Nice try but that dog won't hunt.

this is horrible. you dont notice how much of a lost we had unless you visit another country and recieve your currency exchange. everything is extremely expensive!

Yes, the world is in flux right now...but good ole American enginuity will pull us through...

huntre, living in the city causes my garden to still be in the conceptual stage of development...so I won't see any beans and corn until maybe next year...can I write you an I-owe-u..?

At least I know how to raise a garden...I may need that knowledge before too long, though..."a country boy can survive"...it's a hard row to hoe, lately...

OK, so the end of the world is at hand, I get it.

What's next?

The price of gas upon him taking office was around 1:46
It is now averaging above four dollars. The dollar itself now halved in value. 4,ooo dead soldiers in Iraq, more than 4 million Iraqi's displaced. Eight hundred thousand americans dead of treatable illness and injury since his taking office due to lack of insurance. A defecit now projected at 9,000,000,000,000 replacing a projected surplus of 3,000,000,000,000. Mission Aaccomplised, very few would say so.

I am buying the biggest damned firework I can, because regardless of what else occurs this year this is the last 4th of July, the last universaly patriotic holliday that flies under the banner of the Monarchy of King George Bush the II. Our constitution, in shambles as it is, has greater strength, though time and toil than any man, even a man who would be king. Time has killed the tyrant, as all men die, and our country will live on.

Do the political math!

Dollar value down + American deaths up + jobs down + civil rights violations up + 2 wars =

A presidency that has crippled and corrupted us!!!

This is what you get when you vote in fear for the GOP or for Dems who go with the GOP.

The dollar is going to rebound...

Europe is more poised for a crash, and a harder one... everyone knows it...

That doesn't mean that the Bush admin isn't at fault... The American people are paying for Wall Street's debt, and there's more to come.

Wall Street hasn't felt the pain the average American is feeling...

Ok.. true that the dollar has dropped but 41% just doesn't sound right to me. I think it's more like 10 to 15% at most and believe me even that is enough to severely effect the economies worldwide!

20.Jan.2009 cannot come soon enough...

sad

Oh poop.

problem is, we import too much and rely on credit