Tuesday, September 23, 2008

Hank the traitor

http://www.telegraph.co.uk/finance/economics/3062121/US-dollar-set-to-be-major-casualty-of-Hank-Paulsons-bailout.html


What you expect the people to survive on Hank, You know damn good and well what your rotten bailout will do to what's left of the buying power of the dollar! I'm losing my house now you son of a bitch from the 40% that's already been sliced off of it since 2003. Your gluttonous fucking non regulated way destroyed my business industry! How long has it been since you've had a vacation Hank, because the average American doesn't take them or do anything else but try to survive to pay their bills!

The US taxpayer bail-out of America’s banking sector is an event whose significance will reverberate for many years. What it means for free markets, for the way Western economies are run, for the prosperity of the world economy, must remain to be seen.
But as investors scrambled to make sense of last week’s events, already one conclusion was all but irrefutable – the US dollar will have to take another major fall.
The dollar rally that began in July and pushed the pound’s value against the greenback significantly lower has come to an abrupt end as markets face up to the fact that the currency will have to absorb the effects of a sudden shocking increase in America’s budget deficit