tarheel - dont try to get Bush off the hook here. He went to war without a declaration of war by congress. and the war is costing us $10,000,000,000 a MONTH!! Imagine if only a half of that each month was instead going towards paying down our national debt.

The dollar has really lost it's value in 8 years. When Clinton left office we norwegians had to pay more than 9 NOK for every dollar, now we only have to pay 5 NOK.

In my first year ecconomics course in University my professor did an entire lecture on why you shouldn't use monetary policy to 'fix' ecconomic problems; one of the examples he used was the stagflation that occured in the 1970's. (Stagflation is stagnation in the presence of inflation, which was considered impossible using keynesian ecconomics which was popular at the time).

Alan Greenspan and Ben Bernanke have been given the (moronic) dual mandate to preserve the value of the dollar and to 'fix' ecconomic problems using monetary policy. The end result is an ecconomy which has had growing asset bubbles which eventually burst, the fed injects a stupid ammount of money to prevent (or minimize) a recession which creates a new larger bubble and the cycle continues. The fed is reaping what it has sewn, the recessions it has avoided (or minimized) are finally here and any further monetary tinkering will be shown in inflation ...

well, thats what you get for re-electing a moron

the canadian dollar was even beating the usd for a while and i think it still is?

Wonder how things would be if Bush got his way with the "Amero" combining the currencies of Canada, Mexico and America.

hahaha! I love it!

Its below the Canadian dollar too!

Have you guys seen the new 3 dollar coin?



Looks pretty awesome to me, not to mention it prominently displays the historical roots of the United States. =P

The effects of a presiden'ts policies don't come into play typically until 3-4 years after they leave office, The Exchange rate has nothing to do with Bush, and i'm sick of people blaming him for everything. He's certainly not the best president we've ever had, but people are blaming him for nearly everything that goes wrong, its ridiculous.

Exchange rates baffle me, alls i know is that if im gonna go to the US anytime soon i should probly go now :P

@Parokki 

Why didn't i thought that too ?