Nevada Senator Harry Reid, the esteemed Majority Leader of
the United States Senate, went on the record Saturday, fuming that his party
will never work with Mitt
Romney.
COMMENTS:
Well, there it is folks, staring everyone in the face. For the last four years, the Democrats have
been asserting that it is the Republicans who are the problem with
Congress. Now we know, loud and clear,
who flatly refuses to work with Republicans for the good of the nation; it’s
the Democrats, particularly those in the United States Senate. Unless they get their way, they will not
compromise and they will stand IN the way of anything and everything that needs
to be done for the good of the country.
They are NOT part of the solution; they ARE part of the problem. Up to this point, I‘ve taken the stance that
we need to vote all incumbents out of office, regardless of party affiliation. Harry Reid now makes it clear; we have to vote all Democrat incumbents
out of office.
TODAY’S QUERIES & ANSWERS:
Q. I was talking with my banker the other day and he was
telling me they would have to close their doors next year due to the mountain
of regulations being placed on small banks by the Obama Administration. What is going on here, anyway? (Ryan ~ Everett, WA)
A. Back to the financial collapse of 2008, which I assert
was caused by two things: (1) the bungling of the oversight of Fanny Mae and
Freddie Mac by Charles Dodd and Barney Frank, and (2) the high cost of
fuel. The economy stalled, foreclosures
started to go up, and then the bottom fell out of everything, including the
banking industry. Dodd and Frank, trying
to divert attention from their role in the collapse, sponsored the Dodd-Frank Act
to reform the financial industry. The
Act piles a mountain of red tape on every bank in the country, and red tape
costs money for businesses to wade through it.
Small banks can’t manage the higher costs of operation so, not that they
had anything at all to do with the collapse, they now pay the penalty by having
to close their doors. This is just one
more step toward the total socialization of the country.
Q. The Obama Administration asserted that the Republicans
prevented better security at embassies and consulates overseas, which resulted
in the Benghazi massacre. Is that
true? (Marianna ~ Modesto, CA)
A. That is a blatant lie.
The truth of the matter is that Obama has proposed a $129 million cut
from embassy security, construction and maintenance, even after the Benghazi Attack, unless the Republicans cave in on his
demands for higher taxes.
Q. You said the other day that the Mexican economy is on a
strong upswing while ours continues to falter.
How is Canada doing? (Mitchell ~
Fallon, NV)
A. The U.S. debt, expressed as a percentage of gross
domestic product, is 61% and rising. The
Canadian debt, by the same standard, is 36.1% of gross domestic product and
falling. It wasn’t very long ago that
Canada was in bad economic shape as we now are.
Their Prime Minister Stephen Harper has engineered a turn-around that
began with controlling spending, lowering taxes and modifying regulations to
reduce the burden on businesses. Once
again, the only reason we continue to drift along the edge of financial
collapse is because OUR President doesn’t know what he’s doing and he doesn’t
want to learn.
TODAY’S QUOTE:
“Once again, the white man keeps us down. What’s up with
whitey? Why’d he attack us in Iraq? Why’d he let (Hurricane) Katrina happen?
Why’d he leave millions of children behind? This is the legacy the white man
gave us.” ~ Michelle Obama
TODAY’S VIDEO:
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