Monday, September 22, 2008

U.S. Dollar Confidence

With the U.S. Congress debating the size and scope of the bail-out of the Banking (Economic) System, the U.S. Dollar is taking it on the chin as the size of the debt seems to have no end. Once the banking system's plan is done, does the government have plans for the automakers or the airline industries? What is in status for the Pension Benefit Guarantee Corp(PBGC). This is a government entity that takes over the pensions of failed companies. With out a doubt their budget is going to have to be increased, and what if they need assistance? No end in sight yet...

U.S. Dollar / Swiss Franc(click to enlarge)

Euro / U.S. Dollar

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