Unsinkable ships sink, more bad news for Obama as the dollar may have finally sunk

Politics

For well over a year, as the D.C. liberals obscene 3 year deficit spending spree continued, conservatives have warned that the dollar, generally regarded as the world’s reserve currency, would be so devalued that it would no longer be serve that role.  But, "experts" repeatedly assured the nation that it would not happen.

Well, just like the country song says, "…unsinkable ships can sink…", and the impossible may be happening to the dollar.  Arab Gulf States have agreed to adopt their own currency with the goal of replacing the dollar as the market currency for oil.  As one arab leader stated, the dollar has failed.

Add this to the list of first year Obama failures.  Is this the change you had hoped for?

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