US Action News

Italy is down 1.5%. France is down 1.4%. Germany is down 0.3%. US futures are off about 0.4%. – Business Insider

A ponzi scheme is defined as “a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation”. By this definition, the Socialist Security system in the US is a ponzi scheme.

When Barack Obama tells you that “America is going back to work” he is lying to you. The cold, hard reality of the matter is that there are millions of hard working Americans that have been sitting at home for years hoping that a new job will come along.

There is no consistent or logical way to argue in favor of the Big Government redistributive state. In the end, it all reduces down to: communism. Or, if you prefer, collectivism. Collectivism is the ideology which claims that what’s yours is mine and what’s mine is yours. Marx said it best: “From each according to his ability, to each according to his need.”

Young adults continue to suffer the impacts of Obama’s bad economic policies, the resulting poor economy, and the overall lack of opportunities.

The CBO said Obamacare will kill 800,000 jobs, millions of Americans will lose their health insurance plans and be forced to government run exchanges, the cost of Obamacare has skyrocketed to over $1.7 trillion and there will be fewer doctors practicing. Can we afford to reelect Obama?

“.. worst unemployment record of any president since the great depression, you have a president with the highest price of gasoline of any president in American history on average, you have a president who’s running up huge deficits to crush our children and grandchildren with a level of debt we’ve never dreamed of before. This president will say and do anything in order to make sure we don’t pay attention to his record.”

The expropriation of Repsol’s stake in YPF is just one in a string of many policy actions that the Argentine president has been criticized for. – Business Insider

The pace at which new businesses are created in the United States dropped to a record low in 2010, a troubling development for an economy that is struggling to achieve higher growth rates necessary to reduce high unemployment.

Kudlow describes how Obama’s micro managing of the economy has failed. Record spending, record deficits and record debt have given us record food stamp rolls, persistent long term unemployment, slowing growth, falling home prices and higher gas and food prices. Can we stand four more years of economic suicide?