Thursday, June 14, 2012

Word on the Street -- Growing Gap Between Rich and Poor

Does this surprise anyone? A survey by the Federal Reserve shows that there is a growing gap between the rich and the poor.
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In the meantime, Obama has a six-point plan for Global War that involves special operations, drone attacks, and intelligence operations throughout the world.
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There are two disturbing things about this. The first is that Congress has the sole power to declare war or authorize the use of force.Yet our President will have the power to conduct operations without it ever seeing the light of day, even in the halls of Congress. "Disturbance in Africa? Coming right over!"
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The other thing is that the more such small operations that Obama authorizes, where in Central America disrupting drug operations, in the Middle East trying to get the next Al-Qaeda Number One, or trying to shut down Iran's nuclear program, the more unintended consequences that will happen.
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And then our politicians turn around and declare that taxes are off the table. And then investments in Medicare, Medicaid, education, and infrastructure are down. Once again, it's a matter of priorities. The Middle East over Middle America.
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And then they wonder why our Economy is not recovering like it was expected to.
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And in the meantime, people like billionaire Sheldon Adelson are donating $10 million to Mitt Romney's Super Pac and plans to donate $100 million before all is said and done. Once again, priorities.

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