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["Toni Hawryluk" <tonihawr AT msn.com>]

http://moneycentral.msn.com/content/invest/extra/P101252.asp?GT1=5851<http://moneycentral.msn.com/content/invest/extra/P101252.asp?GT1=5851>

 

excerpts :

Its decline to a nine-year low is affecting everything from the price of 
goods at Wal-Mart to the vigor of Europe's economy.

 

... America, the world's leading importer of goods, is now buying them at 
higher prices. And if the dollar's dive makes foreign investors wary, U.S. 
interest rates may have to rise to attract buyers of federal debt. 

 

Less hope after election
The dollar is now down about 50% against the euro since October 2000 and 
recently hit its lowest level since 1995 against a basket of foreign 
currencies.


 

..412 billion budget deficit and the approximately $600 billion trade deficit 
the United States ran in 2004.

 

 

(my NOTE) 

In the year 2000 - the U.S. had "money to burn" from Clinton 

in the year 2004 - the U.S. is well on its way to printing Treasury toilet 
paper