HERE COMES THE FLOOD?

Dollar starts the big slide against major currencies... Keith from Housing Panic is of course panicking... remember, this was supposed to be the force that got the US out of Iraq... It's not as if Russ Feingold's arguments against the war are going to accomplish this withdrawal, as Congress is now merely a proxy for a transnational capitalist class that has chosen to downgrade the US as an asset anyway... Russ said, "More important, though, is the fact that our current Iraq policy is making the United States weaker, not stronger." Like they care! And the "peace movement" is sold out to the Democrats. So we are left with currency crash as the force ending the war.

As for the home front, currency decline will further raise prices on America's most necessary import, oil...