Friday, December 27, 2013

ARGENTINA’S ECONOMY ON VERGE OF COLLAPSE


Argentina has been celebrating the 30th anniversary of the restoration of democracy in that country, while across the nation mobs have been looting stores and police have been on strike.  The economy is in a shambles, having gone through a 30% inflation rate this year with its foreign reserves dropping nearly to an unprecedented low.  Citizens are losing what little trust they had in that government and the possibility of total anarchy looms. 

COMMENTS:
Although it has not been talked about much lately, the world’s economy is also continuing to be precipitous.  In the U.S., statistics are being manipulated to make people think things are getting better when, in fact, they are getting worse.  The estimated percentage of jobless people in the country among those who are employable is over 20%.  The situation in Greece, Italy and Spain is tenuous at best.  The possible of world financial collapse is high, regardless of what the talking heads in the White House are saying. 

TODAY’S QUERIES & ANSWERS:
Q. We’re moving troops over to Africa, obviously to handle the situation in South Sudan.  Will we go into there if the situation deteriorates?  (Sy ~ Las Vegas, NV)
A. Possibly, but judging by what happened with Syria and Iran, I don’t look for it to happen.  I can visualize going in there to extract Americans and then getting back out.  Or, maybe, Obama will let Putin handle it. 

Q. I can’t believe the people coming out of the woodwork and chastising Phil Robertson for quoting from the Bible.  Even Jesse Jackson has called him names.  (Harvey ~ Sacramento, CA)
A. The uproar on both sides of the issue may signal things to come next year.  Maybe, just maybe, real Americans are realizing it’s time for them to stand up to the left-wing loonies. 

Q. You made a caustic comment about Obama not signing up for ObamaCare because of the problem with his birthplace and phony social security number.  Now that he’s signed up, I hear there were actually problems getting him signed up because of his questionable identification?  (Erma ~ Birmingham, AL)
A. Here’s the skinny.  For a normal person signing up, he has a valid social security number, existing insurance information and other identification which is used to extract and match information from the I.R.S., prior insurers, hospitals, etc.  Obama has no government records with that information on it to match.  I find that to be unbelievable; doesn’t he file tax returns?  Technically, Obama can’t be identified; therefore, I assert he does not exist. 

TODAY’S QUOTE:
There are lies, damned lies and statistics.” ~ Mark Twain

TODAY’S VIDEO:

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