Bush Equals Falling Dollar

Regardless of the fall in value over the last month, over the last year the US dollar seems like it is in reasonable shape. See below:

But wait… lets expand the time frame about the length of Bush’s time in office. See below:

While I am not one to blame all our misfortunes on one man, I think the whole adminstration should take the blame. That being said, any strides it seems like the dollar has made over the last 6 months seem absolutely useless compared to where we were 8 years ago.

Take the good with the bad, at least better people are coming into office… maybe.

More on this topic (What's this?)
Extreme U.S. Dollar Bearishness (Gold Versus Paper, 2/2/10)
U.S. Dollar at one target level means be alert for possible turn in currencies (UnBiasedTrading (TM), 2/5/10)
Frontline sells VLCC (The Shipping Stocks Blog, 2/5/10)
Read more on U.S. Dollar (USD) at Wikinvest

  • It's my personal opinion that whenever blame has to be dished out.. that there's nobody to blame but yourself. If you're not happy you have to do something about it. I'm no huge Bush supporter or anything; but when an entire nation sits back, and watches it's own decline?

    It's hard to blame it on one person when all of us did nothing. We supposedly live in a democracy; not a monarchy. The president is the court jester everyone throws their tomatoes at, but there's a lot more brains behind our "big ideas".
  • Very valid point. I mean I personally don't feel sorry for all those people that bought homes they couldn't afford or the ones that feel for those get quick rich scams.

    When so much money is floating around, it is only a matter of time before the currency declines.

    Plus, of course everybody is going to want to blame the president and his administration. It comes with the territory. Nobody wants to blame themselves. Haha
  • Alex
    This is whack, yo.
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