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The dollar lost about 27 percent last year, but since seems to have stabilized.

Did it stabalize on its own; or did we stay the dollar's decline by rasing the targeted interest rate. The problem with doing the latter is that we will untimately have to pay for the additional cost of carrying our national debt. Your tax burden just went up some more and that is nothing to cheer about.

Our free traders/traitors have really done a job on this country. This article is pretty much on the money. Tune down some of those oversensative nerve cells and read through it again. No matter how much you support our president; that should not put him above all criticism. Whatever happens in Iraq, Iran, Korea, Syria, and Taiwan will prove a false victory if our domestic economy fails to generate the hoursepower needed to sustain us.

Our free traders/traitors have really done a job on this country. This article is pretty much on the money. Tune down some of those oversensitive nerve cells and read through it again. ------- Whatever happens in Iraq, Iran, Korea, Syria, and Taiwan will prove a false victory if our domestic economy fails to generate the horsepower needed to sustain us.

..........sanity speaks.

Thanks.

;-)

Dear ARC, I don't blindly support President Bush. In fact, even though I am a distant cousin of his, I voted for Kerry because I believe the invasion of Iraq was the wrong thing to do. And, there are probably people all over the world, who will not buy American products, because of the perception that America is becoming a bully, not to unlike what Rome was to ancient world. At this point in history, one can only assume that this is a very serious problem.

However, United States is one of the leading producers of feedgrains. Only 17 percent of China can be farmed. Today, the Chinese people are eating well because they have access to American feedgrains for their livestock. The Chinese can purchase from Canada, or they can purchase from Argentina. They will purchase from United States because they get a better deal.

We have to be very cautious in making sure that our technological products are of high-quality and are of the nature that makes them desirable.

I believe an effort is now being made, by the Bush administration, to deal with the horrible aftermath of the mistake of invading Iraq. I don't know if they are going to be successful. To a certain extent, the permanent damage has already been done. Nevertheless, United States is capable of producing many desirable products, and probably will be selling them internationally at prices that the people of the world can afford. If not, then it truly is the end of the Empire.

P.S. Maybe the end of the Empire isn't such a dead thing. A lot of life could be breathed into the American society and the American economy, by getting back to the objectives of the founding fathers.

P.P.S. Back in the 1980s the dollar lost 50 percent of its value in one year. That was under Ronald Reagan.