US Action News

Government has evolved into a Ponzi scheme dependent on two strategies. The first is spending ever more of other people’s money on themselves and toward their re-elections. The second is pretending what they do has no cost — to the productive, to the economy, etc.

Central banks and governments try to induce consumers to spend to help the economy while they take money away from savers who would like to be able to profitably invest. Rather than inducing them to consume more, they are forcing them to spend less in order to make their savings last through their final years!

How bad does it have to get before we acknowledge that what we are doing economically is not working.

The policies that are being employed to create the appearance of economic and market stability are not effectively addressing the underlying symptoms of economic malaise; in fact, they are exacerbating them.

The fed continues the same policy initiatives even after it fails to get the desired results they were seeking at the outset of the programs.

Rick Santelli rants against recent Fed statements and stock market dependence on the Fed’s buying of government debt known as QE.

It is a system that was designed by international bankers for the benefit of international bankers, and it is systematically impoverishing the American people.

Look for the Fed to keep doing the same thing over and over and over again.

If inflation is 2%, why are prices up so much?

In the same way the Great Depression and the depressions before it lasted eight to 10 years, we will likely continue to see constrained economic growth until 2015-2016 (roughly nine years after U.S. home prices began to slide).