Obama Burns Money As Dollar Drops to New Lows

Thanks Barack.

The dollar fell to a 2009 low due to the record debt level created this year by the DC Democrats.
Obama will quadruple the national deficit this year.
Yahoo Finance reported:

The dollar fell to a 2009 low on Friday as fears intensified that the could lose its triple-A rating, while renewed caution about the world economy and banks prompted Asian and European stocks to slip.

The dollar’s latest decline started when ratings agency Standard & Poor’s cut its ratings outlook on Britain to negative from stable, stoking fears other AAA-rated countries which are running huge debt levels could share a similar fate.

Moody’s Investor Service said on Thursday it was comfortable with its triple-A sovereign rating on the United States but that it was not guaranteed forever.

In related news… Barack Obama told C-SPAN– “We’re out of money now.”

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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