US Action News

By advancing President Obama’s goal of shutting down power plants and raising electricity costs, it impairs job creation, economic recovery, and public health and welfare. It is intrusive government at its worst. Illinois families and businesses will pay 40-60% more.

In addition to the current Euro crisis Japan, the world’s third largest economy, could have its own debt crisis as early as 2012 bigger than the Euro Zone.

As financial Armageddon looms for Europe and the US our politicians seem incapable of steering our ship of state through the icebergs of catastrophic spending and borrowing. – Washington Examiner

The truth is that we are rapidly approaching another financial crisis that may end up being even worse than the horrific crash of 2008.

When the government is starving, it goes hunting. We, unfortunately, are the prey. To the ruling class, we are nothing more than the feedstock to keep their plunder going.

Businesses have tad it with poor business conditions in two of the most dysfunctional states in the union, California and Illinois.

“I think people should realize how much more precarious the situation is than the way it appears.” “There’s going to be a day of reckoning.” Daily Caller’s Ginni Thomas sits down with Sen. Pat Toomey.

“the EU’s bailout-and-borrow policy had taken on a momentum of its own, like a runaway train. That train is now going at maximum speed, and has passed the point where a switch can still be thrown. The only question is when it hits the buffers. My guess is that we are months away.” – MEP Daniel Hannan in The Telegraph. Much the same can be said of the US debt problem.

Although Boehner and many house Republicans tried to “do the right thing” in extending the payroll tax holiday for a full year and the doc fix for two years they were crucified by the media over what amounts to a $40 dollar a month tax cut which cuts payments into social security. The media helped Obama paint himself as a tax cutter even though he has raised taxes, health insurance premiums, and energy costs way more than $40 a month.

States that don’t reform their system to eliminate such judicial hellholes are hurting their citizens and damaging their economies. They are guaranteeing that they will have lower wages, higher prices, decreased return on investments, less access to health care, and less innovation in comparison to states that provide predictable, fair, and efficient court systems that protect both businesses and injured parties.