US Action News

Your green has been redistributed to Obama supporting left wing groups and big campaign contributors. Bus drivers, garbage men and even lobbyists had to counted as “green” jobs to pump up the dismal numbers. Ford had to “reclassify” existing employees as “green” jobs to get a federal loan. Obama originally touted Spain as his “green” jobs model. Spain’s unemployment reached 22.8% which is the highest in 17 years. The “green” jobs myth helped cause the problem.

Some of Obama’s “green” jobs programs have cost as much as $14 MILLION per job. Obama and his Marxist radicals have seized on the “green” jobs myth as a way to steal billions of dollars from future generations and redistribute it to their friends and supporters and make you feel good about it. How stupid can you be? More…..

We’ll see a spike in tweets from @WhiteHouse and @BarackObama promoting the same economic policies that have delivered anemic economic growth, $17 trillion in debt, and left 12 million Americans still unemployed.

A flier given to the Mexican Embassy by the USDA highlights that “you need not divulge information regarding your immigration status in seeking this benefit for your children.” – IBD

Detroit is only just the beginning. When the next major financial crisis strikes, we are going to see a wave of municipal bankruptcies unlike anything we have ever seen before.

The loss of income from the redemptions comes to a cool $3.3Bn a year. That is chump change at SSA – but it will happen again next June when another chunk of high coupon paper rolls off the books. – Bruce Krasting

The policies that are being employed to create the appearance of economic and market stability are not effectively addressing the underlying symptoms of economic malaise; in fact, they are exacerbating them.

The process for determining subsidy eligibility could require 21 different steps, involving at least five separate entities — SSA, DHS, DHHS, IRS, and state exchanges—and utilizing a process called the Income and Family Size Verification Project.

It’s not “progress” to merely repeat what has always ended in disaster. The road less traveled is freedom, in economics as much as anywhere.

The biggest risk is that created by our own politicians and institutions – by those we trust to somehow protect us from risk.

Amount of taxpayer funding given to GM and GMAC comes to a staggering $50.4 billion.