Strong Dollar Policy Really Paying Off
Thursday, April 17th, 2008
Wonkette Monetary Policy Operative “Lee” sends us welcome news: the U.S. dollar is totally beating the pants off the Kenyan shilling. You’ll recall that Barack Obama’s hometown of Kenya, Africa finally swore in a power-sharing cabinet following two months of violence after a disputed election. So it is nice to hear the American currency has gained “a slight ground” versus the currency of a nation with a 21.8% month-over-month inflation rate and a recent history of grave political instability. [NASDAQ.com]
Wonkette Monetary Policy Operative “Lee” sends us welcome news: the U.S. dollar is totally beating the pants off the Kenyan shilling. You’ll recall that Barack Obama’s hometown of Kenya, Africa finally swore in a power-sharing cabinet following two months of violence after a disputed election. So it is nice to hear the American currency has gained “a slight ground” versus the currency of a nation with a 21.8% month-over-month inflation rate and a recent history of grave political instability. [NASDAQ.com]
Hillary Clinton is afraid that Americans are going to start prancing around in knee socks and filming radioactive giant lizard-based horror films, now that we are sinking into a “Japanese-style malaise.” But these terrible tragedies can be avoided if we resort to crazy nanny state policies like having the Federal Housing Administration purchase underwater mortgages. 
George Bush and Tony Blair? Meh. The hot, new world leader-BFFs are A’jad and Chavez, those two crazy and