Posts Tagged ‘dollar’
We May Yet Escape a Second Stimulus
The Obama Administration seems to havebacked off on their reactionary attitude slightly. Its not much, but at least its something. The first stimulus was devastating to our dollar value and debt, a second would have been a disaster.
Obama always has been quick to change his mind. I think he may have seen the evidence int eh world summit that continued spending has not fixed Europe. If only he would see the same thing about Cap and Trade. The environmental aspects of the summit were still jsut as ridiculous as always, although they at least made it more talk than reality, agreeing to drop emmissions by 80% over the next 40 years but not lining out any forced methods for doing so. Read the rest of this entry »