[bryantm3]

yes, the housing market is declining, yes, unemployment is rising, but that's inconsequential in comparison to the dropping value of the dollar and the rising price of oil. foreign traders buy oil as a security when the value of the dollar drops, so that's a cycle that will repeat itself unless action is taken. and the bush administration and the fed are trying to increase the money supply to aid the ailing housing market- but that's not what we need. the fed needs to raise interest rates. in the short term, the effects will not be great. less people will be buying homes and taking out loans. unemployment will rise. but in the long term, the money supply will decrease and the dollar will become stronger in comparison to other currencies, and the demand for oil will decrease some, at least enough to bring gas under $4 a gallon. thoughts?