The EU made a great point. The falling dollar and recession in the US economy is a direct result of the following:

- Housing collapse
- Trade deficit

100% accurate IMO.

The 'good' things (for lack of a better word) that will come from this will be lower interest costs on consumer loans, lower fuel prices and possibly tax credits but none of this will aid the failing dollar. There must be a change in corporate attitude at the highest levels.

I don't know if anyone has followed it but Wacovia and BofA were barely profitable in the 4th quarter. They had drops of 95-98%....HUGE.

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"promote the general welfare, not provide the general welfare"

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.