In a weak economy, a weak dollar is better

Seeded on Mon Dec 29, 2008 5:09 PM EST (msnbc.com)

Would the U.S. economy be better off if the mighty dollar weren't so mighty?

msnbci, eye-on-the-economy, business

Latest Comments

Goldman's quarterly profit rises 73 percent
Thu Oct 15, 2009
- Goldman reported earnings that “beat,” earning a shameful and disgraceful $3.2 billion in the past 3 months.
AP: Bernanke to be reappointed as Fed chief
Mon Aug 24, 2009
- The Dollar is down, gold is up, oil is up, and bonds are flat. In other words, central banker nirvana, everyone’s so happy that they reappointed a criminal and a traitor to the United States to run the Fed. Yippee.
U.S. mulls remaking mortgage giants
Thu Aug 6, 2009
- It has been reported that the administration is mulling over splitting Fannie and Freddie into a "good bank/bad bank" structure, or otherwise "taking" the bad part of their book onto the government directly (rather than implicitly):
Should President Obama have said Cambridge police 'acted stupidly' in arresting Harvard scholar Henry Louis Gates Jr.?
Thu Jul 23, 2009
- Stupid is, as stupid does....
Who did the most to ruin pop music singing?
Mon Jul 20, 2009
- How about Tony Sclafani? What an idiotic article.Even the least talented of the group above has more going than this tired hack!
GE's second quarter earnings fall 49 percent
Fri Jul 17, 2009
- Revenues were down 17% - another double-digit contraction, and this is particularly troublesome in what it says about the global economy, given GE's global reach.
Housing construction hits a 7 month high
Fri Jul 17, 2009
- How do you sell down the existing inventory, including the hidden inventory of foreclosures, when these fools are still building houses? I get it - its summer, that's when you break ground on houses. This allows you to get the framing and exterior up before it gets cold and snows.
Goldman Sachs' winning formula works again
Tue Jul 14, 2009
- Becoming a Holding Bank also comes with lots of perks as well, not the least of which allows GS to go to the Fed Borrowing window...just like the Banks they have decimated over the past 20 years.
Goldman posts bigger-than-expected profit
Tue Jul 14, 2009
- This just in from Bloomberg: Credit Swaps Investigated by U.S. Justice Department The U.S. Justice Department is investigating the market for credit-default swaps, according to Markit Group Ltd., the data provider majority-owned by Wall Street's largest banks.

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Recent Votes

Goldman's quarterly profit rises 73 percent
Source: msnbc.com
Goldman Sachs Group Inc.'s third-quarter earnings rose 73 percent from the depths of the financial crisis as income from the company's trading operations offset a drop in its investment banking business.
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129
AP: Bernanke to be reappointed as Fed chief
Source: msnbc.com
President Barack Obama will nominate Federal Reserve chief Ben Bernanke to a second term, The Associated Press reported Monday.
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442
U.S. mulls remaking mortgage giants
Source: msnbc.com
U.S. considers overhaul of Fannie Mae and Freddie Mac that would strip them of troubled loans and create structure to support home-loan market.
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302