Barney Frank Driving Down the Dollar

It is comments such as the one made by Barney Frank on the following video that is helping to drive investment money out of the United States; not to mention the dollar down.

Visit msnbc.com for Breaking News, World News, and News about the Economy

Top Ten Signs the US Economy is in Trouble

Here are my top signs the US economy remains in trouble. These are in no particular order, just the way I wrote them.

1. White House economist Christina Romer noted the stimulus provided a jolt, but the unemployment and slowed growth is likely to return. Not a surprise and second fall, like coming down from a Mt. Dew high is likely to be worse than the original fall.

2. Unemployment continues to go up. Numbers for September showed 531,000 more people are receiving unemployment benefits. Not good, but even worse are states such as Michigan were unemployment is at 15%.

3. The State of California is as close to complete collapse as a state economy can get. Riddled by sky rocketing unemployment in the farming sector, caused by government regulation, and out of control spending, California is a disaster. Add it to Michigan and it is hard to imagine a recovering economy with two major states in economic disarray.

Dollar Just Keeps Falling

The US Dollar continues to fall and it appears that tide will continue. This is just one of many indicators that contradicts the cries ending the recession. The others being employment. Unemployment is predicted to remain 8-10%, making any recovery a joke. Secondly, the debt is now projected to equal the GDP (Gross Domestic Product). In Lehman terms, the US is broke and all it's production is going towards paying a debt, not good.

US Dollar Continues to be in Trouble

An interesting look into the US Dollar and how it works. There are some interesting things going on and it explains the actions of the Chinese and Russians.