Tom SullivanVideo

does it doesn't work all three of them. Britain Japan and the United States are all going to on the same -- Japan is -- ahead of Great Britain Great Britain is behind. Japan but ahead of the United States but were following the same exact course. And you gotta go for twenty years folks they've tried the same thing. Over and

to listen -- Quentin -- was asking. The anchor was asking Chris Dodd . About whether or not how he's gonna deal with this regulatory reform one it will cost the consumer opt out will play the question. And then listen the question is very simple. And it's a very straightforward. And Chris Dodd gave him the biggest BS answer you over wanted to hear.

Mohammed's direction. He shot Cheryl -- his father Jerry Taylor. On a Tucson Arizona golf course . In march of 2002 so it started in Tacoma. We know that they killed somebody in Tucson . We have. The the question about the Billie Jean Dillon who was shot today at forty miles north of Dallas in May

obvious is that. And gun control is is alive and well on military bases nobody's walking around with guns. And the only one who stop this was a police officer otherwise it would've kept on going.

thing is it's not gonna go into effect until after the next presidential election .

they -- more thing yeah you know you you have a 500 dollar payroll . What's to prevent you from have to leasing companies except you. Provide your own leasing companies fear of --

thing I was thinking about his all right so you got 500000 dollar payroll . -- all you create the corporation. And you give stock to -- employs so you keep it under an end to the

A a chart with -- There's the left side is. Short term interest rates which are very very very below 02. By. A quarter of 1%. The further out you go. On the on the maturities up to thirty year treasuries. You see the the curve go much higher the rates much higher so the curb when you -- that. Is a very. High yield curve it's very steep. From short term interest rates to long term interest rates and all this does -- you can see it. As clear as a bell the Fed is trying to do is keep interest rates low. On mortgages to try to get the housing market going the try to keep you wouldn't be out there in the system on the other hand they're trying to keep the interest rates high. To help the banking system recapitalize they're gonna be able to make a ton of money on those high interest rates when you go out further. So all of this is they're obviously saying we don't care about inflation. We are going up artificially trying to keep this short term interest rates low. And -- the long term interest rates go up. And inflation is common folks it is coming it's coming it's coming so what does the markets say about one

from now. And they're saying that the chances of the Fed raising interest rates at the April meeting. Is. It was a little more than half now it's 48%. By their thinking. They'll raise rates by

betting that rates will go up then. -- meantime from the Federal Reserve's statement today it says we don't care about inflation. We're gonna keep interest rates really low for the consumer. We're gonna get that yield curve -- Steve of the banks can make a whole bunch of money. So that we don't have to actually bail amount directly but we're going to they ignore what's going on with inflation. And that the interest rates will go up the market is betting. Probably middle of next year so there's little the little -- on the on the

Rock -- in Midland Texas -- higher on the council would you.

Is that and I'll talk to the audience about this about. The mega churches -- I remember Coretta Scott King's funeral she was not buried where Martin Luther King . Preached in downtown Memphis but was -- Atlanta what was out in. Her daughter's. Church was out in the suburbs of Atlanta which was a mega church and I was talked about them -- They're common by thousands to these mega churches and meantime you got. You know couple who -- here's down at the local church downtown. And they seemed to be dying and yourself you see these old buildings are used to be churches that are now turned into something else. People are going for these mega churches and people would call me and say. That's not church and -- best Niger to people watch it and there there jeans

some of these independents and Iran over the years for the four Ross Perot were naming your your -- They run for president and they've beaten the best ones only get a handful of votes. But is there a movement in this country is I