China devalued its currency again yesterday.
COMMENTS:
This means a major negative impact to the U.S. economy;
Chinese manufactured goods will cost even less, meaning more U.S. consumer
dollars will be going out of the country.
Our economy is fragile enough as it is; we need to be slapping a huge
import tax on Chinese goods entering this country. I guess this is how Obama’s Transpacific Trade
agreement is supposed to work? Look for
the stock market to suffer immediate losses.
TODAY’S QUERIES & ANSWERS:
Q. I know that the feds can track criminals on their
cellphones. Who else is snooping? (Carson ~ Geneva, WI)
A. The IRS is using them to snoop on suspected tax cheats,
following them wherever they go, monitoring their Internet purchases and
income, keeping track of their business credit-card transactions and the
like. They’re doing so without obtaining
a warrant. Don’t bother asking me if
they’ve been looking into the Clinton Foundation finances; you already know the
answer.
Q. Where is the largest concentration of wealth in the
country? Is it Silicon Valley? (Chi Chi ~ Tucson, AZ)
A. No, it’s in three counties surrounding Washington,
D.C. One in five federal employees makes
over $100,000 per year, plus benefits.
They’ve also been getting annual raises, while the rest of the country
has predominantly been seeing a reduction in household income. And, as you know, a good chunk of them don’t
even bother paying their annual income taxes.
Q. Dues Putin control the media in Russia? (Sissy ~ Menlo Park, CA)
A. You bet he does.
Once he got a good look at how Obama controls the media here, he decided
to try it for himself. He sees the media
as being a vital means of controlling public opinion.
TODAY’S QUOTE:
“In Russia we only had two TV channels. Channel One was propaganda. Channel Two consisted of a KGB officer
telling you: Turn back at once to Channel One.” ~ Yakof Smirnoff
TODAY’S VIDEO:
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