[GodGunsGuts]

I agree with all your points, except for one. The dollar has been falling for years. It is being pushed down by our massive deficits, which seem to keep growing no matter who is in office. Tax cuts are good. But we need spending cuts even more. Something both the Republicans and the Demorats have not addressed for decades. Tax cuts without corresponding spending cuts often just turn out to be tax deferments.

[ChessExpert]

I went to the following source:

http://www.x-rates.com/d/EUR/USD/graph120.html

As I see it, the US Dollar started falling relative to Euro in mid October. I also looked at the following currencies: English Pound, Japanese Yen, Australian Dollar, South Korean Won. The US dollar started to fall relative to all these currencies starting in mid October 2006. Before that, the pattern was mixed. The US dollar did pretty well going back to mid June 2006. I don't have any charts that go back further. Maybe someone can give me a good link. But from what I've seen, the free-fall in the dollar started in mid October when the possibility of Democratic takeovers of House and Senate was no longer so remote.