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Second Amendment Protection | Smart Money Experts

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Carlos Moreno
/
KCUR 89.3
Gov. Mike Parson signs HB 85 invalidating federal gun laws in Missouri.

Missouri Governor Mike Parson signed the Second Amendment Preservation Act which have some questioning its constitutionality, and our financial experts answer whether now is the time to spend or to save.

Segment 1, beginning at 1:00: What started as House Bill 85 now promises a $50,000 penalty for anyone who knowingly deprives a Missourian of the right to keep and bear arms.

The law bans state and local law officers from enforcing federal gun laws within the state. "It's an interesting and unusual law because it is more of a political gesture than anything else," says Allen Rostron. But will this law put the state at odds with the federal government? The Department of Justice has requested clarification of the law stating it could "disrupt the working relationship between federal and state law enforcement officers."

Segment 2, beginning at 26:32: As the economy opens back up, it needs consumers buying, but with prices climbing it may be better to hold onto your cash.

Our smart money experts talk about the highest inflation in years and what to do about soaring prices. The decision may come down to what you need versus what you want. "It depends on what you value," says Jamie Bosse.

Brian Ellison is a guest host of talk shows, newscasts, special coverage and community events for KCUR. Follow him on Twitter @ptsbrian.
Zach Wilson is the associate producer for KCUR's Up To Date.
Danie Alexander is the senior producer of Up To Date.
Trevor Grandin is an intern for KCUR's Up To Date.