US Action News

We’ve been warning you for two years. Anyone who buys groceries or gas or electricity has seen prices skyrocket. Why do the politicians pretend it’s not happening? Why does Obama say he cares about the middle cl;ass then crush them with a mountain of debt that devalues the dollar and drives up the cost of everything.

A new report by a White House-appointed commission concluded that the U.S. could lose as much as $2.7 billion as a result of the loans offered to the renewable energy industry. – IBD Editorials

GAO recommendations from last year and this year would produce savings that exceed $300 billion, according to Coburn aides. – Washington Examiner

Obama is misleading the American public by saying we only have 2% of the worlds oil supply. In fact, we have enough oil to meet our needs for the next 200 years. If Obama and the Democrats would get out of the way the US could be energy self sufficient in just 12 years.

Obama has never produced a plan to balance the budget on any time frame. His treasury secretary, Timothy Geithner, admitted as much in recent testimony before the House. Nor have Senate Democrats, who have not produced any budget at all for three years.

The designers of the Federal Reserve system intended to trap the U.S. government in a debt spiral that would expand perpetually. …. Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created.

“When this housing recovery theme falls apart, the bull cases across a number of sectors will have their legs cut off over a three-month period, just like last year. And the gap between the consensus (further improvement into springtime) and the more-than-likely realization that the double dip continues is extremely large.”

New Dem ad lies about GOP budget plan even though they don’t have a plan. Democrats have not had a budget in three years. There is NO Democrat plan to decrease the unsustainable debt increase which will be $16 TRILLION by election day. Yet Dems put out an ad lying about the Ryan plan even before it was introduced to the public.

Michele Bachmann on Fox News’ Your World with Neil Cavuto discusses the federal budget and Ryan’s plan to restore fiscal sanity. In Obama’s first three years the debt has increased almost $5 TRILLION which is more than the increase from eight years of Bush.

Every time prices start to go up, President Obama heads down to the local pond or cornfield, makes sure a few cameras are following him, and starts acting like he can wave a magic wand, throw a few more billions around, and have cheap, eco-friendly biofuels forever.