US Action News

When I say greed, I am not talking about fraud, theft, dishonesty, lobbying for special privileges from government or other forms of despicable behavior. I’m talking about people trying to get as much as they can for themselves. Let’s look at it. – Walter Williams via Washington Examiner

“Last week the Federal Energy Regulatory Commission convened a conference on the wave of Environmental Protection Agency rules that are designed to force dozens of coal-fired power plants to shut down…despite warnings from expert after expert, including some of its own, the FERC Commissioners refuse to do anything about this looming threat to electric reliability.”

We asked Americans about everything from Iran’s nuclear ambitions to the possibility that ObamaCare will be repealed to the likelihood of another U.S. recession taking place in 2012. The answers that came back were surprising — with an unusual amount of pessimism about both the domestic economy and foreign affairs. – IBD

Imagine a boulder which had been sitting atop a mountain for longer than anyone can remember suddenly being pushed off. That was 2011. Imagine the unpredictable turns, bounces, and destruction the boulder will cause as it hurtles down the mountainside toward its next, if not final, stopping point. That is 2012. – American Spectator

Some countries must choose between difficult and very bad, and others are faced with either disaster or calamity. Greece simply gets to choose what it wants to be the cause of a depression. Long and slow or fast and deep? Choose wisely. – Business Insider

It’s very confusing to people. I mean, what I have here is Romney’s own economic document. This is the first page of tax policy, in which he attacks President Obama for class warfare, saying: “He’s calling middle-income Americans ‘millionaires and billionaires.’ He actually includes every household earning more than $250,000.” Page two, his tax proposal, says he will cut capital gains and dividends and interest rates for anyone with an adjusted gross income of under $200,000. It’s an obvious contradiction. That’s Barack Obama’s position.

The slowest economic recovery in modern American history is a direct result of Obama’s policies. .. It’s not just spending that would make the drunken sailor blush that has sapped the strength of the economic recovery. It is also every other important policy aspect of the Obama reign. – American Spectator

[M]ost people in this age range [16-24] do not work at all. Forget 19%; the problem affects 52%. That’s an incredible fact.

At some point companies and individuals decide their pain threshold has been exceeded and do something about it. They flee from the oppression and costs of unreasonable government to locations where they are treated better.

Mom and pop will finally clue in to this in 2012, and get -their money- out of harm’s way. Well, either that or lose it. Their money, that is. Perhaps their minds too. And their homes. Their jobs.