Wednesday, November 2, 2011

HUGE THREAT TO U.S. ECONOMY LOOMS

The Greek government, responding to citizens who refuse to go along with new austerity measures as part of a bailout measure, has announced that it is refusing the bailout.  The inevitable next step is for Greece to become bankrupt.  The Greek government could collapse.  If this happens, banks will lose billions and the U.S. banking system will be severely and adversely affected. 

COMMENTS:

This could be a red herring.  Obama is on his way to Europe and there is a possibility that he will pull off a “miracle,” in saving the bailout deal, thereby emerging as a hero.  I think the timing of his visit and the Greek decision is suspect.  If not, we are in for a really rough ride and a very tough Christmas; there is no way we can isolate ourselves from this danger. 

TODAY’S QUERIES & ANSWERS:
Q. How do you think Obama will be seen in history?  (Imogene ~ Helena, MT)
A. He will either be known as the worst President the United States ever had or he will be known as the First Czar of The American Socialist Republic. 

Q. They’re saying this election is dividing the country in more ways than it has even been divided before.  What’s your take on that?  (Jake ~ Redondo Beach, CA)
A. Obama created the divisions; the election is deepening them.  It’s obvious to me that he has done this on purpose.  I don’t care what Gingrich or  Huckabee say, this guy is not stupid and it’s not a matter that he “just doesn’t get it.”  He’s malevolent and conniving. 

Q. Will they ever solve the Baby Irwin case?  (Leticia – Houston, TX)
A. I think so, but it sure has a lot of resemblance to the Jon Benet Ramsey case.  Once again, it appears that police picked their criminal early in the investigation and did not pursue other leads or angles.    

TODAY’S QUOTE:
“Foreign nationals entering the United States illegally who are taken into custody by the Border Protection Corps or by State or local law enforcement authorities must be promptly delivered to a federal law enforcement authority.” ~ John Culberson

TODAY’S VIDEO: 


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