Are the Obamas Around the Corner?

Mark O'Mara: The British pound has been mysteriously overvalued since 1986. He says it's based upon the notion that you know what you're doing and can keep your money there. When people stop buying those financial assets, he says, they become more costly to service. This is why this is particularly toxic for the United Kingdom, who imports two-thirds of its food. And if you're going to basically throw fuel on the fire with huge unfunded tax cuts? "It's a dumpster fire"