Although the United Nations has condemned and banned North
Korea’s nuclear and long-range missile program, North Korea intends to test its
second long-range missile this month. This
will be North Korea's second launch attempt under new leader Kim Jong Un; the
first attempt was a failure.
COMMENTS:
Well, so what? Just who is going to do anything about
it? Heads up in Fairbanks!
TODAY’S QUERIES & ANSWERS:
Q. Why in God’s name is Obama asking for a stimulus when the
past ones have failed miserably? (Ella ~
Concord, CA)
A. Well, he’s listening to the arguments that raising taxes
on the rich will put another drag on the economy. He wants another stimulus to counter that
drag. Why doesn’t he forget the taxes on
the rich in the first place? He
campaigned on more taxes for the rich, so he is going to make it happen or he
will truly look like the schmuck that he is.
I say, let’s go after loopholes and get rid of them and lets cut out the
spending we’re going to do on ObamaCare and let’s see how the dust piles settle then…. Or should I say rock
piles?
Q. Besides buying up foreclosed houses in the U.S., what is
China doing with all of our money? (Lou
~ Kellogg, ID)
A. Believe it or not, their economy is about ready to go
down the tubes. LIGNET is reporting that
after several years of massive government stimulus as well as heavy support for
the real estate sector, China’s bubble is about ready to burst. Their stock market has already fallen to 2009
lows. The ominous things about this news
is that (1) China may try to resolve its economic woes, caused by its own stimulus
spending and real-estate problems, through military means, and (2) our economy
is so closely ties to theirs that their failure could easily cause the worst
worldwide depression in history. But,
Obama's not listening, is he?
Q. America’s seniors are desperately worried about the
country going down the fiscal drain. Are
their fears really founded? (Penny ~
Santa Clara, CA)
A. Who cares? They’ll
all be dead in another 15-20 years, anyway.
Never mind that many of them experienced the Great Depression and have
first-hand knowledge of what it is all about, who wants to listen to a bunch of
old fogies, anyway? Besides, I think if
the U.S. declares bankruptcy, we won’t have to pay off our credit cards,
right?
TODAY’S QUOTE:
“Life was so much simpler when we honored our father and mother
instead of Obama, Reid and Pelosi.” ~
The Unknown Scribbler
TODAY’S VIDEO:
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