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Corning Inc. Message Board

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  • stillinshock stillinshock Jun 26, 2008 10:47 PM Flag

    Next Stop?

    Its not GLW, its the Bush admin. They will not back the dollar. A weak currency keeps money in other markets. Foreign markets look mighty attractive compared to US markets. Too many good American companies with good earnings and growth are being punished the same as GLW. I feel, it was the Bush admin. strategy to make the dollar cheap and make American goods more attractive to foreign buyers. Its all commiing back to bite our Special Needs President in the ass. He made home ownership affordable to everybody by creating a false economy and letting anyone who wanted a house to get one and in many cases walk away with money with nothing down. Huh? I had to prove my income and have 20% down for my mortgage.It was all to cover the cost of the war and take our minds off of Iraq. Welcome to the results of another Bush economics 101.

17.02-0.16(-0.93%)10:04 AMEDT