Dollar Collapse Means You are Losing Your Asses

BUSH PUTS TARIFFS ON CHINESE CLOTHING Bush has stuck the poorest Americans with a monster tax hike. He is NOT a free trader and these tariffs are the worst thing since Hoover. A depression maker. The stock market did NOT go down over the past two days because of terror fears and the dollar has not collapsed becaue of them. Both are in the toilet because of these tariff policies; and the dollar is now a concern, losing almost 3% on Tuesday alone. No matter what you think you are making in the stock market, those profits are being wiped out by the collapse of the dollar. Your investments have lost 10% in the last two months, mostly because of Bush policies. Really really watch yourselves. Bush is not a Conservative and not a good president. Jesus, who can we turn to? Everything I've been saying about the markets is now on hold. This is shockingly bad policy. Astoudingly bad, but the Big Media is mis-reporting what is going on as usual.

It's the tarrifs, stupid. The tarrifs.

Late add in response to emails Tariffs are economically destructive because they raise prices. Tarffs are a direct tax on consumers. This is a tax hike, and a tax hike on the poorest of Americans (the ones who supposedly are too poor to pay Federal Income Tax), the ones who shop for cheap clothing at places like Wal-Mart a seller of $14 billion worth of Chinese clothing to American buyers. It is a massive tax on about a hundred million people. Listen to the markets, not the pols.