Wall Street celebrated when Ben Bernanke and the Federal Reserve lowered the interest rate a couple days ago. It looked to them like the government was signaling that it would bail out the hedge fund speculators and bankers that helped create a housing bubble in the U.S.
Now, investors around the world that have helped prop up the value of the dollar (while we simultaneously cut taxes and mortgaged the future to start wars) are beginning to shift their money to other currencies.
The shell game that this administration has played with our economy is almost over.
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