US Action News

The Marxists used to be the experts in exploiting human suffering for the purposes of sparking revolution. But the hedge funds are doing better than the Marxists.

What we’re seeing in Greece is a European problem and it should not be solved by the United States.

Ron Paul on how the Greek financial crisis effects the US

Are Europe and America headed to where Athens is today?

The high government control, spending on benefits to buy votes and public sector union demands are causing economic collapse in Europe, yet Obama and the Democrats keep pushing the same agenda in the US.

As of the end of 2009, European banks hold claims of $193 billion on Greece and more than $1 trillion of further claims on Portugal, Ireland and Spain.

Socialism: The left has falsely demonized Tea Party protests in the U.S. as violent. But it ignores real violence in Greece, where leftists and anarchists have rioted and even murdered to fight cuts in their welfare state.

Buildings burning, people being killed over debt crisis in Greece

ATHENS—Greece’s fiscal crisis took a new turn to violence Wednesday when three people died in a firebomb attack amid a paralyzing national strike, while governments from Spain to the U.S. took steps to prevent the widening financial damage from hitting their own economies.

“The primary concern is the contagion risk associated with Greece and some of the other problematic nations in Europe and the follow-on effects on long-term economic growth. We may be in for more of a rough and volatile period.”