Friday, November 23, 2007

The dollar falls further

At its worst point yesterday the dollar fell to $1.4968 per Euro.

Do not expect to see front page coverage of this in the local newspapers. Do not expect to see an in depth report on the local TV news. Do not expect either Republican or Democratic presidential hopefuls to discuss this in detail. Do not expect our own Congressman, Mark Souder, to have a plan for dealing with this issue...

In short, expect the mainstream media and our politicians to continute to ignore the fall of the dollar...

Here is a good article about how the fall of the dollar is effecting Airbus:
<http://news.bbc.co.uk/2/hi/business/7108146.stm>

Mike Sylvester

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