US Action News

No budget since before the iPad was invented. Democrat National Committee Chair can’t explain why there has been no budget from the Democrats since Charlie Sheen was still on Two and a Half Men.

“It’s still about the economy and we’re not stupid.” – Mitt Romney. Britt Hume says it’s going to be all about Obama’s record on the economy. If that’s true Obama will lose in a landslide.

The year that TF assets will equal one year of payments will be ~2026. This means that anyone who is age 53 today can expect to get 75% of the value that a baby boomer will get.

The Obama Administration’s anti-hydrocarbon ideology and “renewable” energy mythology continues to subsidize crony capitalists and the politicians they help keep in office – on the backs of American taxpayers, ratepayers and motorists. The latest chapter in the sorry ethanol saga is a perfect example.

Obama continues his stealth war on the middle class while trying to portray himself as a defender of the middle class. Nancy Pelosi warned us we would have to “pass the bill to find out what’s in it.” Well now we know -higher costs, more taxes, higher insurance premiums, death panels, rationed care, waivers for union pals, religious intolerance, abortion advocacy, the end of Medicare Advantage, less doctors, more waiting and in the end socialized medicine which was always the real goal.

What did Obama do with two years of Democrats controlling both senate and the house? Is Obama just “hoping” that things won’t “change” when the money runs out? Is he hoping Americans will remain docile and asleep? Will you? Surprise! Reality rears its ugly head before Obama clinches reelection. What is his answer to social security and medicare running out of money? Go campaigning with more of your borrowed money to try buying votes with government giveaways. Can we stand four more years of this leadership vacuum?

Watching the slow-motion collapse of the EU, the American people should learn a vital lesson: You can’t spend your way to prosperity, and the lavish promises of the never-ending welfare state can’t be kept. – IBD Editorials

A large number of scientific studies have failed to produce any credible evidence that high oil and gas prices were caused by the presence of financial investors in oil futures markets.

The Obama administration continues to push a global tax to take money from the U.S. and other developed nations to give to other nations under the U.N. plan for wealth redistribution. The global warming hoax has been thoroughly discredited and even U.N. climatologists admit it’s all about the money.

Other than four ousted governments, Troika imposed governments in Greece and Italy, huge budget misses in Spain, increased protectionist measures in France, border controls, bickering between the ECB and the German Central Bank, the Bundesbank proclamation “Not ECB’s Job to Tackle Spain’s Problems”, Europe is holding together quite nicely.