RJA #10a: Annotated Bibliography, Part 1

Amadeo, Kimberly. Dollar Decline or Dollar Collapse?. N.p., n.d. Web. 1 Apr. 2010. <1) http://useconomy.about.com/od/inflation/i/dollar_decline.htm>.

The dollars soft decline against the Euro from 2002-2008 has been reversed because of the recent recession as investors found a safe haven in US currency. The foreign argument for the decline is that the US government is not supporting the value of the dollar. The fear of a devalued dollar has increased the declined because investors attempt to stem hedge their loss by minimizing exposure.


Maynard, Micheline. A Lifeline Not Made in the U.S.A. . New York Times, 17 Oct. 2009. Web. 1 Apr. 2010. <2) http://www.nytimes.com/2009/10/18/business/18excerpt.html>.

Foreign investments in America during the recession has been welcomed by Americans as a source of jobs. Foreign ownership provides about 5.3 million jobs and workers do not seem to care who sign their paychecks. The investment foreign companies are making in America workers doesn’t stop at the employee but is branching out to things like real estate.

Eggen, Dan. Foreign Firms Eye Stimulus Dollars. Washington Post, 23 Mar. 2009. Web. 2 Apr. 2010. <3) http://www.washingtonpost.com/wp-dyn/content/article/2009/03/22/AR2009032201923.html>.

Foreign companies are increasing lobbyist activity in hopes of securing billions of dollars in stimulus cash. The sectors identified in the article are technology, clean energy, and infrastructure based services. Only companies that have an existing presence are eligible for the stimulus dollars. Law makers are working to limit the flow of money outside of the US for example when AIG was bailed out much of that money was sent to foreign debt holders.