Friday, October 28, 2011

GREENSPAN: EUROPEAN UNION WILL FAIL


"At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn’t," Alan Greenspan told CNBC in an exclusive interview.  Simply put, the northerner’s are being taken advantage of by the southerners and the union will fail.  More ominous, Greenspan went on to say that the U.S. economy is being driven by Europe and that today, there is one big, giant global stock market. 

COMMENTS:
A lot of my Republican friends will say they never liked Greenspan.  But, I do.  I think he did a remarkable job in steering our economy for many, many years and I listen to what he says.  And, the stock market did soar yesterday with news that Greece is getting its bailout.  Obama is trying to paint our picture to be much rosier than it is and I do not believe one single word that comes out of his mouth.  In fact, if he said “Good morning,” I’d be the first one in the bomb shelter. 

TODAY’S QUERIES & ANSWERS:
Q. I just heard that ObamaCare is going to glom on to my personal medical records, put them all together and make them part of one big government file.  They have my financial information from the IRS and banks, my military records, and I suspect they have my voting records.  Isn’t this an invasion of my privacy?  (Vi ~ Shingletown, CA)

A. Yes. We all need to stand together and tell them to go to hell.  We have never given our consent for anyone to have our private medical records under HIPPA, unless we sign for it.  That’s their law they are violating and I’m madder than a wet peacock.    

Q. I know you like Herman Cain.  Are you endorsing him?  (Peg ~ Auburn, WA)
A. Not yet, although I don’t know who else I might endorse at this point. 

Q. I see that Rick Perry has come out against issuing a Texas vehicle plate for the “Sons of Confederate Veterans” that would display the Confederate flag.  Is he trying to erase history?  (Molly ~ Norfolk, VA)
A. He says we don’t need to bring up that old wound again, but I don’t see it that way.  You are right that it is part of our history and, although the era was ugly, it is part of our evolution into becoming what we are today.  I don’t see it as being offensive to anyone, but maybe I am wrong; it’s obviously offensive to Rick Perry.

TODAY’S QUOTE:
“The flag that was the symbol of slavery on the high seas for a long time was not the Confederate battle flag; it was sadly the Stars and Stripes.” ~ Alan Keyes

TODAY’S VIDEO: 
http://news.yahoo.com/video/phoenixktvk3tv-15751070/expose-gets-valley-mom-banned-from-mcdonald-s-27068678.html


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