Page 3 - Dollar Doesn T News Today

Leaders of france and germany to have a plan out by the end of the month to strengthen europes troubled banks. today the belgium government bought the subsidiary of decksia to keep it afloat. greek workers were on strike today, protesting the governments austerity measures. a dollar doesnt buy what it used to, and now it seems american households have fewer dollars to buy with they did during the recession. chief washington correspondent james rosen looks at the numbers. >> so help me god. >> ...

Leaders of france and germany to have a plan out by the end of the month to strengthen europes troubled banks. today the belgium government bought the subsidiary of decksia to keep it afloat. greek workers were on strike today, protesting the governments austerity measures. a dollar doesnt buy what it used to, and now it seems american households have fewer dollars to buy with they did during the recession. chief washington correspondent james rosen looks at the numbers. >> so help me god. >> ...

>> first, this conversation strikes me as why people are frustrated with the washington politics. totally out of touch with reality. reality is not we can push the deadline for three months, not going have have an impact. the consequence for wall street and the economy would be horrific. terrible. they commune kateed this louddy to -- communicated this loudly to both sides of the aisle. gentlemen, wake up and stop playing games. if you raise the debt limit it does not mean that you somehow are c...

Payment plan. >> chris: juan? >> first, this conversation strikes me as why people are frustrated with the washington politics. totally out of touch with reality. reality is not we can push the deadline for three months, not going have have an impact. the consequence for wall street and the economy would be horrific. terrible. they commune kateed this louddy to -- communicated this loudly to both sides of the aisle. gentlemen, wake up and stop playing games. if you raise the debt limit it does n...

Lets let me read you a full screen quote, from the daily beast, talk about the administration, the drama and tragedy, increasingly apparent at the white house is of a brilliant intellect who is confounded by events and, a strategist, whose strategies are thwarted and who is left with almost no strategy at all. are we doing more or should we. >> it is an insightful picture of president obama, he is an armchair academic and has no experience in the real world and doesnt understand force and power,...

Mortgage payments and auto financing. also, the dollar would change and oil is priced in dollars. if dollars go down, price of oil goes up. its already $110 a barrel. so we would see the gas prices go up. and there is a great fear because government has never done this before. that the u.s. government would no longer be seen as safe haven. and that china and the other countries pick up 50% of our debt would start getting it from other places. they would sell it. if that happens, again credit car...

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