Tuesday, August 27, 2013

ORDERS FOR DURABLE GOODS PLUMMET


A key indicator of economic health, orders for durable goods, plummeted in July by over 7%.  It’s the deepest drop in almost a year.  Businesses are cutting back on purchases of computers and other durable goods. 

COMMENTS:
And the market is down below 15,000 again.  And unemployment figures have gone south.  And so on.  The economy continues to be very fragile, and along comes ObamaCare, just a month away.    

TODAY’S QUERIES & ANSWERS:
Q. This really disturbs me.  There is an atheist group in Coos Bay, Oregon which is demanding the removal of a cross honoring Vietnam Veterans.  Over the weekend, someone planted an I.E.D. [Improvised Explosive Devise] there.  Are we going to have these godless creatures running around bombing all of our crosses now?  (Debra ~ Riverside, CA)
A. This country is being torn apart from all directions.  Anybody who builds or uses an I.E.D. needs to be tried for terrorism.  We Americans are going to have to become more vigilant about our surroundings and who is in them and doing what. 

Q. 54% of Colorado residents are against the state’s new gun control laws.  Will they get repealed?  (Lotus ~ Rawlins, WY)
A.  Virtually every sheriff and Deputy in Colorado is strongly opposed to the laws.  Two state politicians are under recall proceedings.  The laws amount to an all-out attack on the Second Amendment.  We can only hope they get repealed, but the current governor, John Hickenlooper, is firmly in favor of them and likely to veto any repeal attempt.   

Q. How do you size up the internal Republican bickering over ObamaCare and defunding?  (Vance ~ Henderson, NV)
A. The struggle will evolve into a contest between the “Old Guard” and the “Upstarts” for control of the Republican Party.  By November of 2013, we should know which way the party will head going into the 2014 elections. 

TODAY’S QUOTE:
“I just want everyone to know that 20,000 gun laws in the United States are unconstitutional. They infringe on your right to protect your life, the lives of your loved ones, and your property.” ~ Michael Badnarik

TODAY’S VIDEO:

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