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Government and Your Money
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Description
FBN’s Stuart Varney sounds off on the government’s impact on your money.
- Duration 1:41
- Date Jun 21, 2012
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FBN’s Stuart Varney sounds off on the government’s impact on your money.
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All right look we are a financial program we look at the world through money tinted glasses that's what we do.
But we -- begin to see news events which are entirely non financial but which have a financial impact.
His might take on the fast and furious White House leaks Syria and all the other headlines that supposedly have no impact on -- financial -- But they do -- -- It's a cumulative effect just look at the headlines in the last 48000 tell me if they affect you -- your money.
The attorney general is cited for contempt of congress the president claims executive privilege and the pundits ask what did he know and when did -- -- it.
Process -- Russia's Putin has what looked like an angry face off with America over Syria and then there's a -- a storm over intelligence leaks.
-- -- of this had any impact on the stock market non that we could tell the Dow didn't bug G yesterday when -- running fast and furious broke.
But taken together and taken as a big picture your job your house and your view of America may very well be affected.
Those stories represent America's government on display.
It is not a pretty picture America's not respected in the world our economy is hunting and -- government is paralyzed.
By stempel and division.
Will we move forward economically with confidence with all this going on will businesses invest will -- -- up will they spend freely.
It is all about confidence chip away at confidence and the economy takes a -- non financial stories.
Count.
The highlight really.