Thursday, November 14, 2013

HOLDER MAY BE IMPEACHED


A group of top GOP lawmakers is so fed up with the stonewalling coming out of Eric Holder’s Department of Justice office that they are drafting up Articles of Impeachment to have him removed.  They’re ticked off about his lying under oath as well. 

COMMENTS:

They’re going after the wrong guy.  You can bet your sweet potatoes that Holder doesn’t make a move without clearing it with Obama first. And remember: Obama is the guy who looked you and the rest of America straight in the eye and said your could keep your plan, period, when he knew that was not a fact. 

TODAY’S QUERIES & ANSWERS:
Q. They had 106,000 signups on ObamaCare?  I had heard 50,000.  Why the unexpected jump?  (Bea ~ Granite Falls, WA)
A. Here’s the approximate breakout: 27,000 through the infamous Obamamare website and 79,000 through state-run exchange websites.  On the other hand, 396,000 signed up for Medicaid, which brings in no additional revenues. By my reckoning, they’re going to have to hike taxes by 50% to pay for all of this.   

Q. How are major cities doing in this continued adverse economy?  (Minnie ~ Las Vegas, NV)
A. Poorly.  Major cities are on the verge of bankruptcy due to pension obligations they cannot meet.  The list includes Charleston, Portland, Omaha, Chicago… you get the picture.  It makes me sick to think about it, because bondholders will take it in the shorts and the cost of borrowing money is going to skyrocket for all municipalities.      

Q. Do you think they should raise the federal minimum wage?  (Quincy ~ Sacramento, CA)
A. With the absurd costs of ObamaCare, the tax burden rising and inflation kicking in due to the endless printing of money, they’re going to have to increase the minimum wage to $30 an hour just to help people make ends meet.  The problem, of course, is that the cost of goods sold then rises dramatically so business can afford to pay the wages.  Pretty soon, you’re not going to be able to get a burger, drink and fries at McDonalds for 99 cents. 

TODAY’S QUOTE:
The real minimum wage is zero.” ~ Thomas Sowell

TODAY’S VIDEO:


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