How many dollars does it take to buy a barrel of oil?? 
Just when Obama thought losing the Olympics was a WTF, he now loses the dollar.  I bet if I placed on R&R I'd get slamed.  Dont think many would know what this means, but I did an Obama hit and that gets 20-30 on the R&R

The demise of the dollar

 

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading

By Robert Fisk
 

Tuesday, 6 October 2009

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Rex

Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars.

• enlarge

 

The politics of the 21st century and the new motto of Washington:



"If it ain't broke yet,
 
just give us a
 
minute....


    We can break it!"

You gotta a wrench.   No let me ask my son if he's gotta wrench.  He'll be doin the fix'n

Honestly- does anyone really care what foreign reserves Iran will use?

The U.S. Dollar has been dropping in value for the past 7 years- most Americans don't see it unless they leave the country and try to buy something.   Last week a friend of mine who works for a large hotel chain in Niagara Falls Ontario got yelled at because some American thought the hotel was trying to rip him off because he was expecting a 40% exchange on the US dollar- but instead it was 8%.

This problem occurred long before Obama was in office- and it will continue to be an issue for a few more years.  By the way- the deflated dollars does cost US jobs when US companies are bidding on new business in the manufacturing world.