US Action News

The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.

Many businessmen hung on, hoping for a change in the madness that passes for economic leadership and policy. These hopes were dashed with the re-election of the ideologue driving the madness.

Since the election, there has been a massive tsunami of layoffs and business failures. Of course the company that is making the biggest headlines right now is Hostess.

The result of this fiscal insanity is that “In 2010, at least 204 companies said goodbye to the state, exactly four times more than fled in 2009. The exodus surged to more than 280 companies in 2011, when they left the state at a clip of 5.4 companies per week.” This just leaves joblessness and economic stagnation in its wake.

In his first five years in office, FDR spent more than the previous 31 presidents combined; in eight years as president, Obama will have doubled the national debt accumulated by all 43 of his predecessors (unless, of course, Uncle Sam’s farcical finances blow up before then).

After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.

Wind energy is parasitic – totally dependent on fossil fuels for backup power, with every megawatt of wind power supported by a megawatt of redundant coal or natural gas generating plants. So wind cannot possibly or meaningfully reduce emissions.

The environmentalists proposals to tax CO2 emissions is nothing more than a get-rich scheme for those in power, and a sure way to raise cash for more spending, it has nothing to do with the environment or saving the planet, it resembles more environmental piracy.

The reality is that politicians who say government “can do something about” droughts, floods, sea levels, hurricanes and tornadoes are practicing the equivalent of medieval witchcraft.

The CBO estimated Obamacare would kill 800,000 jobs over the next ten years. What kind of idiot populace votes for political elitists that say they want jobs but pass bills that kill jobs and cripple the economy? We have met the enemy and it is the sycophant socialist Democrats who think there is an endless spigot of government funds from which they can vote themselves comfort and security from cradle to grave. America will have to become Greece before enough people will wake up from the community organizer’s Marxist dreams.