Saturday, September 29, 2012

U.S. DROWNING IN UNEMPLOYMENT


Reuters is reporting that the President of the Dallas Fed, Richard Fisher, is decrying that the U.S. is “drowning in unemployment,” and our economy is running at stall speed.  Without more certainty on tax policy and regulation, he said, "all the monetary accommodation in the world" will not get businesses hiring again. 

COMMENTS:
One would think that the single most important threat to American security is terrorism.  The fact is, our economy is fragile and if we don’t have an economy, none of the rest matters.  We cannot allow ourselves to be lulled into a false sense of economic security by this administration. 

TODAY’S QUERIES & ANSWERS:
Q. Why has Benjamin Netanyahu softened his stance over the past few days?  (Miller ~ Calistoga, CA)
A. Probably because Obama threatened to cut off U.S. Aide if he didn’t.  That’s the almighty power of the American dollar at work. This type of foreign diplomacy also accounts for why we are in such hot water.   

Q. With all of these cyber attacks going on, should I be concerned about my smart phone?  (Gadfly ~ Hollywood, CA)
A. Kim Komando says yes, especially if you have an android phone.  “There's a vicious Android smart phone attack going around. With just a single line of code, a hacker can lock your phone's SIM card or completely wipe all of your data.” I suggest you go to her website to see if your phone is vulnerable.  There is protection available and it doesn’t come in a condom wrapper.  My urgent opinion is that you should NOT use your smart phone to dial in to your financial accounts under any circumstances. 

Q. How do you think Romney will do in the debate next week?  (Lucy ~ Santa Fe, NM)
A. I fear we’re going to see Romney with that “deer in the headlights” gaze.  I fear we’re going to be wishing we had pushed harder for Gingrich in the primaries.  I pray I’m wrong. 

TODAY’S QUOTE:
The president has declared that the debate over government-controlled health care is over. That will come as news to the millions of Americans who will elect Mitt Romney so we can repeal Obamacare.” ~ Paul Ryan

TODAY’S VIDEO:  


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