Dollar

How to End the Recession

Alan Schram | Posted 01.06.2009 | Business

Read More: Citigroup, Green Jobs, Credit Crunch, Federal Reserve, Obama, Thomas Jefferson, Libor, S&P 500, Recession, Bush, Dollar, Money Market Funds, Fdic, Paulson, Wall Street, Bailout, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Stimulus Plan, Financial Crisis, Business News
Alan Schram

What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.

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Federal Spending Out of Control

Alan Schram | Posted 12.30.2008 | Business

Read More: Dollar, Alexander Hamilton, Wall Street, Business News, Credit Crunch, Saving Money, Deficit, Financial Crisis, Business News
Alan Schram

It is not the "government" that hands out these bailout packages and money for projects. We must recognize that government has no money that isn't ours.

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Europeans See Euro As Overtaking Dollar: FT Poll

Financial Times | Ralph Atkins | Posted 12.29.2008 | Business

Read More: Currency, US Dollar, Euro, Euro Dollar, Dollar, Business News

The euro could overtake the dollar in global importance in the next five years, a large majority of continental Europeans believe, according to a poll...

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Reflecting On Economic Meltdown, International Newspapers Hold U.S. Responsible

James Freedman | Posted 12.04.2008 | World

Read More: India, Global Economy, United Kingdom, Economy, Economic Crisis, Recession, World Editorial Roundup, Global Economic Crisis, South Africa, Wall Street Crisis, Indonesia, Wall Street, Bailout, South Korea, Dollar, Weak Dollar, Editorial Roundup, Ceos, Banks, Banking Crisis, Financial Crisis, Japan, World News
James Freedman

World Editorial Roundup for December 4, 2008.

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US, China Headed For Possible Clash Over Currency

AP | JOE McDONALD | Posted 12.03.2008 | Business

Read More: Financial Crisis, US Economy, Yuan, China Currency, Us, China, US Currency, Dollar, Business News

BEIJING — China's chief trade envoy urged Washington on Thursday to stabilize its economy and protect Beijing's U.S. investments as the two side...

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How Big is This Bailout?

Alan Schram | Posted 12.03.2008 | Business

Read More: Alexander Hamilton, Credit Crunch, Libor, Bailout, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Treasury Dept., George Will, Business News, Henry Paulson, Bank Deposits, Fashion, Subprime Mortgages, Saving Money, Tarp, Dow, Financial Crisis, Business News
Alan Schram

It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.

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Crisis of Confidence

Alan Schram | Posted 11.26.2008 | Business

Read More: Volatility, Commodities, Credit Crisis, Libor, S&P 500, Fdic, Money Market Funds, Dollar, Unemployment, Cpi, Business News, Oil, Warren Buffett, New York Times, Bank Deposits, Saving Money, Dow, Financial Crisis, Great Depression, Business News
Alan Schram

Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.

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Paulson Policy Failures

Alan Schram | Posted 11.24.2008 | Business

Read More: Citigroup, John Thain, Market Crash, Credit Crunch, Fannie Mae, Hedge Funds, Libor, S&P 500, Dollar, Fdic, Money Market Funds, Merrill Lynch, Aig, Freddie Mac, Wall Street, Bailout, Financial Services, Lehman Brothers, Business News, Banks, Financial Crisis, Henry Paulson, Warren Buffett, Bear Stearns, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Business News
Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

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End the Bailout

Alan Schram | Posted 11.20.2008 | Business

Read More: Insurance Companies, Winston Churchill, Credit Crunch, Libor, S&P 500, Fdic, Money Market Funds, Dollar, Paulson, Bailout, Wall Street, Financial Services, Business News, Banks, Financial Crisis, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Tarp, Genworth, Business News
Alan Schram

Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.

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Yes We Can... What?

Alan Schram | Posted 11.11.2008 | Business

Read More: War, Larry Summers, Federal Reserve, Congress, Budget Deficit, Libor, Paul Volcker, S&P 500, Barack Obama, Fdr, Dollar, Money Market Funds, Fdic, Education, Wall Street, Hedge Funds, Business News, Warren Buffett, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Healthcare, Dow, Financial Crisis, Fiscal Stimulus Package, Business News
Alan Schram

Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.

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Washington Overreacts

Alan Schram | Posted 11.10.2008 | Business

Read More: Credit Crunch, Hedge Funds, Obama, Libor, S&P 500, Bush, Dollar, Fdic, Money Market Funds, Paulson, Wall Street, Business News, Oil, Henry Paulson, Warren Buffett, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.

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Why the Stock Market is Cheap Now

Alan Schram | Posted 11.03.2008 | Business

Read More: Volatility, John McCain, Economy, Credit Crunch, Libor, S&P 500, Iphone, Fdic, Money Market Funds, Dollar, Investing, Wall Street, Business News, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.

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Cash is Not King

Alan Schram | Posted 10.27.2008 | Home

Read More: Dollar, Money Market Funds, Fdic, Wall Street, Business News, Market Panic, Credit Crunch, Bank Deposits, Libor, Subprime Mortgages, Saving Money, Dow, S&P 500, Financial Crisis, Home News
Alan Schram

If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.

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Dollar And Yen Soar As Other Currencies Fall

New York Times | MARK LANDLER and VIKAS BAJAJ | Posted 10.25.2008 | Business

Read More: Global Financial Crisis, Stock Market, Yen, Stocks, Dollar, Currencies, Business News

Fear that the financial crisis is infecting once-healthy economies created another white-knuckle day for investors Friday, causing stocks to tumble fr...

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Paulson's Bazooka May Miss

Fortune | Colin Barr | Posted 09.23.2008 | Business

Read More: Finance, Dollar, Economy, Bailouts, Henry Paulson, Federal Reserve, Banks, Bailout Plan, Ben Bernanke, Wall Street Crisis, Wall Street, Treasury Secretary, Business News

NEW YORK (Fortune) -- Treasury Secretary Henry Paulson fired his bazooka again, but the target remains elusive. Paulson has proposed using $700 billi...

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Asian Stocks Plummet

AP | GREG KELLER | Posted 09.16.2008 | Business

Read More: Stocks, Personal Finance, Asia, China, Japan, South Korea, Dollar, Lehman Brothers Bankruptcy, Business News

PARIS — World stock markets swooned again Tuesday as the global financial crisis caused investors to worry that asset prices have yet to hit roc...

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Euro Higher Than Ever Against Dollar

New York Times | David Jolly | Posted 07.15.2008 | Business

Read More: Dollar, Investing, Financial Stocks, Stocks, Euro, Business News

PARIS -- Financial stocks were pushed lower Tuesday in Asia and Europe and the euro hit a record against the dollar as new concerns about the global f...

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What is 'Monetary Extremism?'

Max Keiser | Posted 07.05.2008 | Business

Read More: Oil, Gold, france24, Dollar, Nicolas Sarkozy, Business News
Max Keiser

I was on France24 Friday talking about oil, the dollar, and gold. part 2 Key to the rise in oil and gold prices is what I call 'monetary extre...

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The McDonalds Falling Dollar Menu

Michael Pento | Posted 05.30.2008 | Business

Read More: Commodities, Dollar, Weak Dollar, Agriculture, McDonald's, Dollar Menu, McDonalds Stock, Business News
Michael Pento

Because the dollar has fallen 40% in the last six years, McDonalds may have to reduce quality, raise prices or both in their famed Dollar Menu.

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Ten Dollar-Friendly Destinations

MSNBC | Posted 05.20.2008 | Business

Read More: Dollar, Dollar Value, Weakening Dollar, Weak Dollar, Business News

No, that's not a mirage. The economy is faltering, the dollar is getting clobbered by the euro, and traveling to the far reaches of luxury is costlier...

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Behind the Rise in Prices: The Plan to Torpedo the Dollar

Danny Schechter | Posted 05.19.2008 | Politics

Read More: Price of Oil, Dollar, China, Bush Administration, Economy, Bankers, Hank Paulson, Sub-Prime Mortgage Crisis, China Earthquake, Politics News
Danny Schechter

Paulson avoided a straight answer with a flurry of "uh, uh, uh," halting phrases and contradictory assertions.

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Futures Traders Bet On Dollar Gain For First Time Since 2005

Bloomberg | Posted 05.04.2008 | Business

Read More: Betting on the Dollar, Futures Traders, Futures Traders Dolars Euros, Dollar, Euro, Business News

Futures traders are betting for the first time since December 2005 that the dollar will gain against the euro. The difference in the number of wagers...

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Will the Fed's Rollercoaster Ride Save the Dollar?

Michael Pento | Posted 04.30.2008 | Business

Read More: Fed Cut, Federal Reserve, U.S. Economy, Dollar, Economy, Fed Rate Cut, Business News
Michael Pento

Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?

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Dollar Slumps To New Low Against Euro

AP | MATT MOORE | Posted 04.22.2008 | Business

Read More: Dollar, Euro, Dollar Euro, Weak Dollar, Business News

NEW YORK — The euro roared to another record high Tuesday, crossing $1.60 for the first time ever after a pair of European Central Bank governor...

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Bernanke and Greenspan Live in the Bates Motel

Max Keiser | Posted 04.10.2008 | Business

Read More: Alfred Hitchcock, Bear Stearns Bailout, Psycho, Inflation, Dollar, Bernanke, Bono, Greenspan, U.S. Economy, Economy, Federal Reserve, Ben Bernanke, Paul Volcker, Ponzi Scheme, Business News
Max Keiser

If you want to understand why the US dollar is doomed and what drives current Fed policy, keep in mind Hitchcock's Psycho, but with financial derivatives instead of carving knifes.

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