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November 17th, 2008
03:12 PM ET

How concerned are you about a terrorist attack?

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(PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

President-Elect Barack Obama has been warned of a "huge threat" from al Qaeda by intelligence leaders in the U.S. and abroad. He told 60 Minutes' Steve Kroft last night that since terrorists could try to attack the U.S. during his White House transition, putting together his national security team is a top priority.

And it should be. The presidential transition period is prime time for terrorists. In 1993, just a little more than a month after President Bill Clinton took office, there was the first attack by al Qaeda on the World Trade Center. In 2001, during President George W. Bush's first year, we had 9/11.

The director of the CIA, Michael Hayden, said last week that al Qaeda is strengthening its hub in the Pakistani mountains and building ties with militant groups in Europe and Africa.

The president-elect told 60 Minutes that stamping out al Qaeda was also atop his to-do list and capturing or killing Osama bin Laden is a critical aspect of that plan.

Here’s my question to you: How concerned are you about another terrorist attack?

Interested to know which ones made it on air?

FULL POST


Filed under: Al Qaeda • US Military
November 17th, 2008
03:11 PM ET

Should Congress freeze remaining bailout money?

 Click the play button to see what Jack and our viewers had to say.

Click the play button to see what Jack and our viewers had to say.

FROM CNN's Jack Cafferty:

Republican Senator Jim Inhofe from Oklahoma wants to put a "freeze" on the remaining cash in the big government bailout of the financial industry. In this week's lame duck session, Inhofe plans to push for legislation that will require Treasury Secretary Henry Paulson's plan for the remaining $350 billion in the bailout package to be voted on in Congress.

Watch: Cafferty: Bailout freeze?

Despite promises from Congressional leaders that there would be both, there is absolutely no transparency or congressional oversight on where the first $290 billion has gone. Senator Inhofe suggests Paulson "may have given the money to his friends."

Inhofe, who voted against the bailout package when it was originally passed, said in a letter to fellow lawmakers this weekend, "It is Congress's duty to have a say in what happens with the remaining authorized amount of $350 billion. It is clear that it was a mistake to sign a blank check to one man for such a tremendous amount of money."

Here’s my question to you: Should Congress freeze the remaining bailout money?

Interested to know which ones made it on air?

FULL POST


Filed under: US Congress • US Economy
November 17th, 2008
03:10 PM ET

Plunging gas prices changing driving habits?

 How have plunging gas prices changed your habits?

How have plunging gas prices changed your habits?

FROM CNN's Jack Cafferty:

Oil prices continue to slide, closing below $55 a barrel today. That's a pretty far fall from the July record high of $147 a barrel. Iran is calling for OPEC to cut production by at least 1 million barrels a day to try to shore up prices. That's on top of the 1.5 million OPEC cut last month. But the head of the cartel says it's not going to happen...not this month anyway. They're still trying to figure out what impact the last cut had. OPEC, which produces about 40 percent of the crude oil in the world, had hoped the move in October would slow the fall in prices. It hasn't.

And that's made drivers here pretty happy.

Gasoline prices have fallen for the last 61 days in a row to a national average of about $2.09 a gallon. According to AAA, the last time the average price for a gallon of regular unleaded gasoline dropped below the current price was on March 31, 2005.

This is good news for cash-strapped Americans, but not-so-great news for the whole alternative-energy, let's-wean-ourselves-off-foreign-oil movement. But Americans will take what they can get, and for now filling up is like getting a tax cut.

Here’s my question to you: How have plunging gas prices changed your driving habits?

Interested to know which ones made it on air?

FULL POST


Filed under: Gas Prices