Comments on: Dollar Doldrums: Low Value Has High Impact

The Declining Value Of A Dollar Is Fanning Inflation And Driving Up The Cost Of Oil And Gas

[ubrew12]

Nancy_Naive said: "The funny thing is that all of the money Bush stole is only worth 40% of what it was."

Halliburtons headquarters were moved to Dubai. Oil hasn''t fallen, its gone up. These guys knew exactly what they were doing as they were selling the American people out.

[providence_2]

I hope people will Google "Peak oil" for what it is? We Americans have a big big problem down the road!

[incog-nito]

For some reason, protectionism is now a dirty word. Historically tariffs were used to protect one nation''s industries against illegal dumping of cheap goods from abroad. Tariffs have been in place for most of America''s history, and have helped make it the number one economic superpower.

But now the once illegal dumping is commonplace, even touted as a good thing. Why? Because the companies doing the dumping are "American", except that they have their manufacturing plants overseas and their corporate headquarters in the Bermudas.

So now the Euro will sooner or later become the currency of choice. More jobs will be lost to cheaper labor elsewhere. The American worker will be just another *******, competing against workers in countries with little regards for human rights, let alone labor or safety standards.

The decline of America is well under way.

[singingrick]

More fallout from Republicon leadership.