Monday, September 22, 2008

Another Vote of No Confidence from the World

This is what the world thinks of how we are handling our economic affairs right now.

This is the price we will pay. Our children and grandchildren will pay much more.

By the way, gold is up another $30 an ounce today, and oil spiked a record $25 a barrel before falling back before the close.

4 comments:

BaseballCoach said...

Instead of a 5 day chart, why don't you post a longer time period. Then you would see that the dollar is still well above the lows it set earlier this year.

I am sure your readers would appreciate a little context.

Charles M. Kozierok said...

"Instead of a 5 day chart, why don't you post a longer time period."

Because this current crisis has been going on for about a week.

"Then you would see that the dollar is still well above the lows it set earlier this year."

Well, *that* is sure an accomplishment isn't it? You GOP hacks sure do like setting your bars low so you can fall over them.

BaseballCoach said...

The title of your post was "Another Vote of No Confidence from the World." If the value of the dollar is your measure of confidence, then even you have to conclude that the world has more confidence in the United States than it did just a few months earlier.

You GOP hacks sure do like setting your bars low so you can fall over them.

I guess its time I come clean with you. I am not a GOP hack. In previous elections, I have voted for Carter, Reagan, Perot, Clinton, Gore, and Kerry. I am an independent, and always split my ticket. I analyze the issues, compare them to my own set of values, and choose the candidate who I believe is most qualified to lead.

Independents like me will decide this election, and, for your sake, you better hope there are not a lot more "GOP Hacks" like me.

Charles M. Kozierok said...

You're an "independent" who spews GOP talking points nearly every time he posts. Whateva.