Monday, November 7, 2011

IS GREEK CRISIS OVER?


With the agreement going ahead to bail Greece out of its financial woes coupled with strict economic sanctions, the world is drawing a deep breath.  Many economists doubt, however, that this “fix” is anything but temporary.  Predictions are that, within months, Greece will be back in the frying pan.  In the meanwhile, Italy is facing a worsening crisis and is next on the agenda as Germany and other European nations struggle to make gains against the impending hour of decision. 

COMMENTS:
Here at home, Barack Obama and his cohorts are saying that our recession is over and that the Greek “fix” is going to stabilize our economy and provide the basis for some real growth.  That rosy prediction is more wishful thinking than reality.  The Christmas short-term hiring season is approaching, but retailers have already announced they are only going to hire half as many “temps” as last year.  Oil and gas prices continue high and the housing market continues in a free fall.  While we all long for some solid financial footing, that appears to be elusive as long as the government continues with regulation after regulation and unchecked spending.  The Obama attempt to convert the country into socialism will continue to stagnate the economy and leave us still dangling on the brink of financial disaster. 

TODAY’S QUERIES & ANSWERS:
Q. I heard yesterday that wind farms are raising havoc with air traffic control and defense radar.  What will the government do about that?  (Sally Ann ~ Colorado Springs, CO)
A. As astute as they are, they’ll probably start grounding planes.  This is one of those problems created when we rush headlong into new programs without researching the potential ramifications.  It looks like The Department of Energy blew this one, (pardon the play on words). It’s costing billions of dollars to remedy. 

Q. What do you think of Michelle Obama’s diet?  (Terri Lee ~ Raleigh, NC)
A. I think going on a diet is an admirable project for anyone.  The only drawback is that your opinions often end up carrying less weight in the world.  (I know, it was a stretch but you smiled anyway, didn’t you?)  

Q. Why did Gloria Cain back out of an interview with Fox News host Greta Van Susteren?  (Patasha ~ San Jose, CA)
A. I can’t say, but my guess is that it was to be her first public outing and she was nervous and also somewhat intimidated by the sexual misconduct allegations being aimed at her husband.  How would you like to go on national television for the first time under those circumstances?  Don’t count her out, though; she’ll step up to the plate in time, I’m sure.  Not every potential First Lady has been at ease in the public eye.   

TODAY’S QUOTE:
“I bought a talking refrigerator that said ‘Oink’ every time I opened the door.  It made me hungry for pork chops.”  ~Marie Mott

TODAY’S VIDEO: 


No comments:

Post a Comment