wrote in message
...
On Wed, 16 Jul 2008 12:35:18 -0400, "Eisboch"
wrote:


"HK" wrote in message
...


Consumer Prices Rise at Fastest Pace in Quarter Century

By Howard Schneider and Renae Merle
Washington Post Staff Writers
Wednesday, July 16, 2008; 11:42 AM



It's news, so it's being written about.

What's not often said is that the economic problems are global in nature
.... many believe due to a natural 75 year cycle.

Although tough to us by comparison of 10 years ago, the USA is actually in
better shape overall in terms of the general economy, unemployment, growth
rate, etc. than most of the rest of the free world. We still have the
lowest fuel prices other than the local prices in oil producing nations.

It will adjust naturally. And once focus is placed on increasing the
value
of the dollar (with some risk to inflation), the USA's economy will come
around smartly.

Eisboch


Only problem is, while the US dollar is weak, foreigners are buying up
The U.S. When our economy revives, the results will go back to the
foreign investors. They will reap the rewards, not us. VW just
announced they are building a billion dollar plant in the U.S. They
are doing it because of the condition of the Dollar. It will provisde
some jobs, but the profits from their labors will be exported.

After you master Spanish, you need to start learning Japanese,
Chinese, and German, ASAP.



I agree. That's why the focus right now should be on building the value of
the dollar. Stop printing money.
There's the added risk of higher inflation, but it is the price to pay.

The politicians .... on both sides .... haven't got a clue.

Eisboch