Saturday, February 6, 2010

The Dollar That Stopped To Talk With The Media

Have you ever given thought to that great quote from the late President Harry Truman?

"The buck stops here."

I had to wonder something about this...I was writing an unpublished blog about the economic DEPRESSION we've been experiencing the past two-and-a-half years, and in light of the new federal deficit limit having been raised again this week, I wondered about the almighty dollar, the buck, and if it were to stop at The White House for a few minutes --- just what would it say?

If, as Harry Truman says, the buck stops "here" - I guess meaning The White House - what is it saying this week? Here's a transcript of the dollar meeting with the media.

Dollar (on the White House lawn, holding court with CBS, ABC, FOX, NBC, CNN, AP, MetroSource --- no, wait, they didn't send anyone from Phoenix --- they forced a CBS cameraman to give them audio, USA Today, the Christian Science Monitor, and the rest of the gigantic media pool): "Good afternoon, ladies and gentlemen of the media. I won't be taking any questions, just a simple address because I am supposed to stop here at the White House now and then to have the president take a look at me before I go to Capitol Hill --- actually, I think it is capital hill these days --- where I will then pass through the congressional record on the way to a brief stop up at Wall Street. (the dollar pauses for the camera clicks and a couple of laughs from the media) Wow, look at me. I don't go as far as the Euro. I yearn to be as good as the Yen. Did you know that compared to this month 10 years ago, I am probably really worth about 86 cents? Well, I know I've heard conflicting stories about my value --- but I know this much about Americans: they're more concerned about keeping me in their wallets than ever before, but yet they keep putting their faith in plastic money worth less than my Washington-faced paper. I just don't get it. I hope that by 2012 I can once again be worth what I was in 2000. But it remains to be seen if the U.S. Treasury will figure out a way to make me a valued commodity again.

I'm sorry I don't have time to take your questions at this point. I must go meet with the Secretary of Commerce before we see the President. Have a nice afternoon."


Somehow, I think that dollar has a valid point or two. But, hey --- at least he used some humor while discussing the economy. We could all use a bit of humor, considering the global economic condition at the outset of 2010.

I can almost hear a reporter who has been "laid off" three different times in the 21st Century yelling from the back of the media pool, "You go, dollar!"