US Action News

The Fed and Treasury have set out on a deliberate strategy of creating inflation in order to monetize most of the $14.1 trillion national debt— a debt that is growing by well over a trillion dollars per year!

For me, there is no escaping the conclusion that inflation will continue to surge. Inflation is, after all, the increase in money supply.

Judge Napolitano explains how Obama’s continued spending and the federal reserve printing money is enslaving us to debt and inflation.

UK inflation has surged to its highest level since April 2010 as the rising cost of food and oil continued to hit consumers and businesses.

Cotton is trading at an all time high. Flooding in Australia could cause rising beef and wool prices. Federal Reserve Chairman Bernanke says he has inflation in control. “Who you gonna believe, me or your own lyin’ eyes?” ~Groucho Marx

Erskine Bowles and Alan Simpson co-chairs of Obama’s Deficit Commission explain the dire consequences of continuing deficit spending and rising debt. Economic collapse will ‘be very swift and very dramatic’.

How’s that socialist revolution workin’ out for ya Chavez?

2011 likely will open with a deepening recession, increasing austerity, and falling asset prices. I expect these developments not to happen gradually, but to come in great waves.

The decline in Argentina as a parallel to what is happening in our country.

John Williams of Shadowstats has repeatedly warned that our economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon – in fact, they’re likely to get worse.