Wednesday, February 27, 2013

BANKING LAYOFFS SOAR

J.P. Morgan has announced 19,000 job cuts over the next two years; Bank of America is cutting 30,000 jobs and CitiBank is cutting 11,000. 

COMMENTS:
Deja vu all over again?  I am soooo sick and tired of the way this country is going.  Anybody who buys anything right now needs to have their head examined.   

TODAY’S QUERIES & ANSWERS:
Q. With Obama running around like Chicken Little, as you said, what do you suppose he’s really afraid of with respect to Sequestration?  (Mandy ~ Carson City, NV)
A. He’s afraid we’ll find out he’s full of hot air and that we CAN cut our spending and grow our economy at the same time.  If that happens, his dreams of wealth redistribution will be extinguished.  He’ll get into another horrible snit and Michelle will get back to hating America again.  Wahhh!  

Q. Everyone I know is really afraid of what cuts are going to take place Friday.  What can you do to reassure us?  (Sally ~ Vacaville, CA)
A. If all of the cuts occurred that Obama claims are going to happen, we’d save about 1/3 of the national expenditures… at least $1 trillion… and the Sequester is only talking $85 billion.  Obama even included a phony cut as a result of Sequestering on an agency that ceased to exist last year.  Yes, it is fear mongering at its worst.  Obama’s nose should be as long as the Golden Gate Bridge.   

Q. When Sequester kicks in, will there be cuts as well in Congress and staffs, and the White House and Staffs?  (Rolland ~ Oklahoma City, OK)
A. Ha, ha, ha, ha, ha, ha.  And what have YOU been drinking? 

TODAY’S QUOTE:
“If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.” ~ Jim Cooper

TODAY’S VIDEO:



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