The long slide down

I leave you tonight with an excerpt from another post at Boffoblog.

An all-too-familiar story: The AP reports this morning that the dollar took another slide against the euro in the currency markets. The administration has been rather cavalier about it thus far, making equivocal claims about how long it will tolerate a weakening dollar. As the AP story indicates, its fall is tied to the continuing deficit problem; while the administration's talk of fancy accounting might help paper over the problem with the more dimwitted in Congress and the public, currency traders will not be fooled.

Read the post and learn of a surprising sign of the times.

Sweet dreams.