Hugo and Ahmadinejad: US is on the decline...American imperialism is on the way out.

Some notable quotes from the happy couple.

Here are two brother countries, united like a single fist...

"God willing, with the fall of the dollar, the deviant U.S. imperialism will fall as soon as possible, too,"

"As the imperialist press says, I came to look for an atomic bomb, and I've got it here. If anyone should cross me, I'll fire it."

It was not all boy hugging, jawboning, and saber rattling between the two psychos, some business did get done.

In Tehran, Chavez and Ahmadinejad signed four memorandums of understanding Monday to create a joint bank, a fund, an oil industry technical training program and an industrial agreement, Iranian state television said. It said Chavez then left after an official farewell ceremony.

On Chavez's visit in July, the two leaders broke ground for a joint petrochemical complex in Iran, with 51 percent in Iranian ownership and 49 percent owned by Venezuela. The two nations also began construction of a petrochemical complex in Venezuela, at a total combined cost of $1.4 billion.

Since 2001, the two countries have signed more than 180 trade agreements, worth more than $20 billion in potential investment, according to official reports.

Iran has partnered with Venezuela on several industrial projects in the South American nation, including the production of cars, tractors and plastic goods.

Wanna bet?

The U.S. Economy Remains Strong, Flexible, And Dynamic

Real GDP grew at a strong 3.9 percent in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.

Real after-tax per capita personal income has risen by 12.7 percent – an average of over $3,800 per person – since President Bush took office.

Real wages rose 1.2 percent over the 12 months that ended in September. This rise is faster than the average rate during the 1990s.

Since the first quarter of 2001, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s.

The deficit today is at 1.2 percent of GDP, well below the 40-year average. Economic growth contributed to a 6.7 percent rise in tax receipts in FY 2007, following an increase of 11.8 percent in FY 2006.