Yes, but at the rate we're running up trade and budget deficits, the U.S. dollar is not exactly a strong long-term bet, either. There is probably a lot of concern among these foreign investors that the U.S. will only be able to pay off its future Federal entitlement liabilities by engaging in a deliberate program to inflate the U.S. dollar in a big way.
All of the Bush is never wrong crowd....listen up...admit he made a mistake, if nothing else, politically.
You were dead wrong on Harriet Miers and you and Bush are dead wrong on this one.
Cut the losses now, while the political damage is minimal. Can't wait to watch Leno tonight and see the jokes start. Uggg...at least the hunting jokes will fade out.