Reply #112: SnowJob tearfully begs world not to abandon dollar

[UpInArms]

on the (hopefully) eve of indictments.

Snow says strong dollar in U.S. interest

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-10-27T194637Z_01_WBT004143_RTRIDST_0_ECONOMY-SNOW-DOLLAR-URGENT.XML

WASHINGTON, Oct 27 (Reuters) - U.S. Treasury Secretary John Snow said on Thursday a strong dollar was in the U.S. interest and added that currency values should be set in open markets.

Answering questions on the White House Web site, Snow said it has been long-standing policy to support a strong dollar. He was responding to a questioner who asked why the U.S. Treasury was letting the dollar be devalued.

"We believe that a strong dollar is in America's national interest," Snow said. "This is a policy that we have had for some time and continue to support."

He added: "Currency values should be set in open, competitive markets, reflecting underlying economic fundamentals."

Isn't this absolutely in opposite of everything this hack has been spewing since he crawled into the bowels of the Whitehouse?