Another failure of finance ministers who met in Brussels
this week to reach accord with Greece to restructure its finances now convinces
most top economic advisers that Greece will fail to meet in March 20th
bond payments and thereby be in default.
COMMENTS:
This probability will cause severe economic repercussions
among European Union nations and most certainly will have negative impacts on
the already fragile economy of the United States.
TODAY’S QUERIES & ANSWERS:
Q. I heard yesterday that Mitt Romney owns stock in Freddie
Mac and Fannie Mae, and he’s been lambasting Gingrich for working for them as a
consultant. Isn’t this
hypocritical? (Zulu ~ Houston, TX)
A. Yes, but it’s not the first time a politician has been
proven to be hypocritical. Romney
immediately stated that his stocks are in a blind trust and he didn’t even know
he owned those stocks. If you believe
that, you believe Obama when he says he’s going to tackle the jobs issue. In fact, it is alleged that some of Romney’s
top aides were lobbyists for both firms, and that certainly looks like a
conflict of interest to me.
Q. Nancy Pelosi says she has “secret documents” that would
end Gingrich’s campaign. Why doesn’t she
release them? (Cole ~ Yakima, WA)
A. Because she doesn’t have them. She has no love for Gingrich and would not
hesitate to release them if she had them.
She is often like a canary… all mouth and no ass.
Q. The Obama Administration is demanding that religious organizations,
including the Catholic Church, provide employees health insurance that includes
contraceptives. Of course, contraception
is against the Catholic religion. Where do
they get the guts to interfere in religious matters? (Theodore ~ Daly City, CA)
A. Obama had never shown any compunction about giving
religious organizations and gun owners a hard time. He doesn’t care what Catholics think or what
they try and do about it. He is the high
potentate of Pennsylvania Avenue, and you should not forget that.
TODAY’S QUOTE:
“I want to tell you a terrific story about
oral contraception. I asked this girl to sleep with me and she said 'No.'” ~ Woody Allen
TODAY’S VIDEO:
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