Heard On The Grapevine...
Friday, 1/24/2014 (7:05 AM ET)
State of the Union message - leaked details
On Tuesday, January 28, President Obama will deliver his fifth
State of the Union message. A source close to the Oval office
has disclosed a small portion of Obama's 65 minute (+/- depending
on length of applause throughout the speech) presentation.

In order to stimulate a sluggish economy, President Obama will
sign an Executive Order in front of the TV cameras approximately
45 minutes into his message. Highlights of the Order include:

• Freeze the cost of all goods and services retroactive to the
prices of such goods and services that were in effect on
January 2, 2014. The IRS to monitor and insure compliance.

• Reverse split, 2 for 1, all cash and cash equivalents,
including credit card limits, effective immediately.

President Obama will give an example of the effects
of the Executive Order...A family with $5,000 in saving
would now have that savings doubled to $10,000 as a
result of the 2 for 1 reverse split.

With this increase in wealth, the family, and all citizens
with cash and/or credit on hand, would be able to purchase
more goods and services at the frozen prices. The increase
in demand for goods and services would cause more
production and the hiring of additional workers. The unemployment
rate would drop to near zero and the economy would roar.
Obama will say that the unemployment rate will approach,
but not go to zero due to structural unemployment issues.

Nancy Pelosi, Minority Leader of the House Of Representatives,
when asked to comment on the President's Executive Order said
" I'm pleased that I was able to assist our President in drafting
this Order. It is a well thought out plan and the magical moment
this country has been waiting for."

Friday, 1/24/2014 (7:22 AM ET)
Janet Yellen Resigns
Janet Yellen, the Chair-designate of the Board of Governors of
the Federal Reserve System, and current Vice-Chairman announced
her resignation (effective immediately) and now plans to retire
from public work and spend more time with her family and
grandchildren. Yellen thanked President Obama for giving
her the opportunity to serve the Country.

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