Thursday, May 29, 2008
It Is the Weak Dollar
Doc shares a little Good News
On Kudlow & Company the other night, the discussion jumped to the fact that it is the weak dollar that is killing us. Of course, Steve Forbes has been saying this for some time, but it did not sink in!
The comment was that oil was about $80 a barrel adjusted for the weak dollar. Still high, but it helps put the blame on the shoulders of this administration as well as OPEC.
It helps to have access to smart people... if I had to figure this all out myself, I would be in a world of hurt!
-ski
P.S. If the value of this observation (the problems of the weak dollar) is lost on you, I suggest you quickly run to the local bookstore (or drugstore) and pickup a copy of Forbes magazine.
----
Jeff 'SKI' Kinsey, Jonah
www.throughput.us
+1 330 432-3533
tag: Steve Forbes
©2008 Throughput.us LLC. All rights reserved.
blog comments powered by Disqus