FED Looking to Concoct a Soft Landing for Dollar?

Dismal Retail Sales could Effect the Equity Markets.

Today on The Bubba Show, Bubba comments on the FED’s unscheduled meeting on Monday. He notes that the FED seems to be more confused than ever. He explains one theory currently circulating, that the FED is looking to help the dollar have a safe landing as it is already too high. Some economists believe that if there is a rate hike, the dollar will fall back down and if there is not a rate hike it will climb down even faster.

Bubba introduces Adam Shapiro from Fox Business. Bubba and Adam discuss Obama Care. Adam mentions that United Healthcare, the largest provider under Obama Care has stated that they are going to have to pull out of the exchanges after losing hundreds of millions of dollars administering the program. He cites that claims made by the insured far exceeded any government subsidies. Only those that could use the pre-existing condition clause seem to be utilizing it.

Both Adam and Bubba question the leadership of the Obama administration in dealing with the war on terror. Adam asks, where is the Winston Churchill of this generation that will stand up to the thugs killing, extorting, kidnapping and enslaving innocent people? The two agree that Obama is not that man. 

Adam comments on the dismal retail sales and their possible impact on the equity markets. Bubba laments on the entitlement generation and their fascination with political correctness. He asserts that as people are given more and more, they lose the incentive to work. He is tired of hearing people complain because they are not getting enough in the way of entitlements. He is enraged by college campuses where students are demanding free tuition and forgiveness of any debt. He feels that free speech is being taken away by anyone who objects to this nonsense.