The US ambassador to South Korea was attacked today by a blade wielding Korean unhappy about Obama's policies on the Korean Peninsula. I think Obama should apologize.
And wages have hit a record low...
3rd Quarter Corporate Profits Reach Record High-Worker Pay Hits Record Low:So How Exactly Is Obama The 'Anti-Business' President? - Forbes
Maybe he's anti worker after all?
40 mind-blowing quotes from Barack Obama about Islam and Christianity
40 mind-blowing quotes from Barack Obama about Islam and Christianity - - Linkis.com
1 euro = $1.05.
The teabaggers think Obama is out to destroy America, but the world financial markets seem to believe in him. Last time the dollar was this strong was 2003, just at the start of the Great Euro Run-Up.
Seriously, thanks Obama!
This has to be the longest running hate thread in the history of CC. And most of the haters loved Bush. Go figure.
You loving you some Obama huh boy?
Cliffy adores Obama. Obama had him at "let me be perfectly clear."
1 euro = $1.05.
The teabaggers think Obama is out to destroy America, but the world financial markets seem to believe in him. Last time the dollar was this strong was 2003, just at the start of the Great Euro Run-Up.
Seriously, thanks Obama!
This has to be the longest running hate thread in the history of CC. And most of the haters loved Bush. Go figure.
What a foolish post. Oil is priced in dollars. The glut of oil makes the dollar strong. Obama had nothing to do with the glut of oil. The downside of a strong dollar is reduced US exports.
This has to be the longest running hate thread in the history of CC. And most of the haters loved Bush. Go figure.
Uh-huh. You keep on talking, the investors will keep on investing.The Dems have built-up the dollar on a house-of-cards basis, in fact, the USD is strengthening in part due to lack of confidence elsewhere... Capital is highly mobile and once stronger opportunities arise elsewhere, that cash will move out just as fast.
The big risk in this situation, and hence the house-of-cards is that the Fed Reserve has been printing money non-stop for 6 or 7 years now.
IF the 'perfect storm' comes about in terms of that foreign capital leaving, the rate of asset deflation in the US can be potentially catastrophic