An Undeniable Progression
October 14, 2009 10:25 AM
For decades the U.S. Dollar has been in a steady stumble lower against the industrialized nations currencies. The Swiss, the French, the Germans, the Japanese are but a few good examples of countries whose currencies have made substantial strides against the Dollar over the past 20 years. Their educational and healthcare systems are a testament to the progress they have made and the benefits that their citizens are receiving as a result of their achievements.
The United States, as a result of a public policy of bickering and divisiveness through the illusion of a 2 party system, has watched impotently as our public educational system collapses under the comparison to Europe and Asia. Healthcare is another issue that is altogether alarming, not because our public servants can't find a moment to work constructively together, but because most don't even see the problem.
There is something elementally wrong with a society that boasts such enormous wealth and advancement, that enjoys such privilege and position and won't educate their youth adequately or administer minimally to the healthcare requirements of their most needy.
The Dollar is not a security that can be measured by yesterdays GDP or tomorrow's CPI. It is a direct reflection of the quality and substance of a nation, their credit worthiness and industrial might, but of equal and more structurally significant value are the components of the investments the nation makes in its most important assets, its citizens. The Dollar only falls as a result of other currencies, our international partners in the arena of globalization, going higher.
The Bush administration is emblematic for the basis of the Dollar's immutable move to the basement of industrialized currencies. The utter disregard for the Constitution, the building of prisons far outpacing the investment into educational facilities, preemptive wars without end absent any support from our international partners, healthcare and energy policies that are invisible while our corporate kletocracies continue to turn every interchange on our highways into consumer theme parks defiling the uniqueness of our communities and cultures.
The Dollar isn't going lower because of today's or yesterday's alpha numerics reported by the U.S. Department of Commerce, its in a tail spin for much more fundamental reasons.







