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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