Sunday, September 30, 2007

The United States under Bush

The Canadian dollar closed above parity Friday for the first time in almost 31 years, as the U.S. greenback continued its dramatic fall against major world currencies.

The dollar fell to the lowest against the euro since the 13-nation currency's debut in 1999 ...

The Senate gave final congressional approval to an $850 billion increase in the public debt, the fifth such adjustment under [George] Bush and one reflecting the rising costs of the war in Iraq ... It represents an almost $4 trillion increase from the statutory debt limit when Mr. Bush took office in 2001 ...