EMERGENCY: U.S. DOLLAR INDEX CRASHES THROUGH 74

February 28th, 2008

WARNING: This is not a recommendation to buy, sell or hold any financial instrument.

73.88.

Remember what I said—about a thousand times—about 74.50!?

And now…

Bush Says He Believes in Strong Dollar:

President George W. Bush on Thursday said he believes in a strong dollar and that the U.S. economy is fundamentally sound.

“We believe in a strong dollar policy and we believe, and I believe, that our economy has got the fundamentals in place for us to be, to grow and continue growing,” Bush said at a White House news conference.

* chuckle * Good luck with that.

Posted in Economy | Top Of Page

2 Responses to “EMERGENCY: U.S. DOLLAR INDEX CRASHES THROUGH 74”

  1. tm says:

    “our economy has got the fundamentals in place ”

    Here is reason #10,000,000 why it will be a relief to have this dipshit leave office: so we won’t have to hear him butchering English grammar anymore.

  2. Eileen says:

    At least Bush is good for something these days!
    A good Laugh! Actually I think he is speaking in code. He says “he believes in a strong dollar,” and the dollar goes down the drain.
    This has happened so many times. When Bush says something – you know, “our kids are learning,” or “we’ll help the people in New Orleans,” he has sent a message for the totally opposite outcome to occur! That’s just two examples.
    Re the dollar. Bush speak is most likely code-speak to those that pull the strings. In code-speak the Bush said to Bernanke and all others pulling the strings “Pull the plug on the dollar. Let it crash, and Ben (Scotty) – MAKE IT SO!”

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