Dollar Decay $$$ $$ $ $ $ ? ? ?

Remember when you drove your new automobile off the dealer’s lot? A sense of exhilaration, excitement, and the accelerated feeling of being a new car owner! You feel like you’ve been productive (well, except for the three hours of paperwork), and just possibly might conquer the world. It’s a high that lasts a few fleeting minutes, until you discover depreciation. That awful word, which means you just lost an appreciated (pun intended) amount of the worth of your auto, just because you drove it off the lot.

Well, Americans today are hardly ready for the terrible sinking feeling that is going to overcome us, when we realize that the American Dollar is plummeting in value just because we took our eyes off the “lot.” That icon of economic means, stability, and as aptly stated in Resurrect King Dollar, our defense.

Those looking in on America today--be it interested world markets, competitive icons, or just simple neighborhood terrorists—find it hard not to snicker at the apathetic efforts we’ve made in protecting our money. It’s scary to think that in the sense of the American Dollar, we have “driven it off the lot”, down the street, drag-raced, abused, ignored, overused, extended, failed to maintain and upgrade, and basically begun the demise of our prized possession.

Now, we have a responsibility to bring back our appreciation (pun intended) for the dollar, by specifically acknowledging that our very American livelihood depends on our diligence in this election year. We need to do this before inflation, other nations edging the dollar from the global market, and socialists, communists and terrorists stoke the media with the idea that the dwindling $$ equates to America's weakened, defenseless posture.

Do you have an idea on how to make the American Dollar stand TALL again?

Comments, ideas, and American fortitude welcome.

Ref: Resurrect King Dollar

By Lawrence Kudlow

Tuesday, March 4, 2008

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