I Been Saying It

Wow. Talk about a putting a big one in the win column for the conservatives. This just keeps getting better and better. From the outset, fiscal conservatives have bashed the stimulus and bailouts as being detrimental to the American economy overall. Yeah, it saved some defunct car manufacturers in Detroit, but what about the rest of the nation. Now, as the dollar loses its reserve status to the yen and the euro, we risk losing our foothold atop the proverbial fiscal food pyramid. Expectations shape the global economic scene more than anything, and with perception of the United States dollar and general economy as weak and potentially unstable, expectations could snowball sending into a deep spiral downward on the way to an economic flatline. However, Bernanke is in a tough spot, faced with rejuvenating the domestic American economy and losing major ground internationally. Sucks to be him. Since the stimulus money is already out there, I say stop the printing presses, raise some rates and let those with money spend it and save the dollar. I don't want to be a 21st century Zaire, with black lines over the face Clinton on the one million dollar bill. Actually, I'm alright with lines over Clinton, just not the two million dollar bill part.