Even Cavuto realizes Ron Paul is a "true fiscal conservative". And WE TOLD YOU SO..... Dollar Falls to Record Low on Concern Fed Package Won't Succeed March 12 (Bloomberg) -- The dollar fell to a record below $1.55 per euro as firms from Citigroup Inc. to Goldman Sachs Group Inc. said the Federal Reserve's plan to inject $200 billion into the banking system may fail to break the freez More.. e in money-market lending. The U.S. currency erased yesterday's 1.6 percent rally versus the yen, which came after the Fed said it would lend Treasuries to financial institutions and take mortgage debt as collateral. Traders bet the Fed will cut rates by as much as three quarters of a percentage point next week to avert a recession, while the European Central Bank keeps borrowing costs unchanged at 4 percent. ``It's difficult for the dollar to gain traction,'' said Paresh Upadhyaya, who helps manage $50 billion in currency assets as a senior vice president at Putnam Investments in Boston. ``The Fed is probably running out of options; the market is fixated on interest-rate differentials, which are clearly negative for the dollar.'' The dollar fell to $1.5560 per euro, the weakest since the euro's 1999 debut, and traded at $1.5546 at 3:32 p.m. in New York, from $1.5338 yesterday. It tumbled the most since January 2006. It sank to 101.79 yen from 103.42, within a half-yen of an eight-year low. The yen advanced to 158.16 per euro from 158.61. The dollar set a record low for the 10th trading day in 12. It has lost 3.5 percent since Feb. 26, when Fed Vice Chairman Donald Kohn said credit-market turmoil and slower growth pose a ``greater threat'' than inflation. The comments drove the euro above $1.50 for the first time. `Good Buy' The U.S. currency tumbled today even as central bankers attempted to lend it support. ECB President Jean-Claude Trichet said he's concerned about excessive currency moves, after the euro's 17 percent surge in the pas...