US Action News

We’ve been warning you for months that this is coming. Now inflation is rearing its ugly head because we are deliberately devaluing the dollar.

Many have warned that the Fed is lying about inflation. Now the reality of rising prices rears its ugly head. Ironically on the same day the Fed announces $600 billion in new purchases of US IOU’s, two articles in the Wall Street Journal describe higher prices in food and apparel.

FBN’s David Asman sounds off on the Fed’s decision to buy $600 billion in securities (debt) and how that will impact you.

Rep. Ron Paul discusses the outcome and impact of the midterm elections and the power and secrecy of the Federal Reserve. The Federal Reserve just announced another $600 billion purchase of US debt.

In what is seen as a plan to devalue the dollar by up to 20% the Federal Reserve announced its plan to buy US $600 BILLION in US Treasury notes (I.O.U.’s) with newly printed money.

While we have slowed the juggernaut of the socializing of America into a failed welfare state, we cannot push back the tide that is sweeping over us without a much greater battle for the hearts and minds of the people.

The Fed will probably begin a new round of monetary easing this week by announcing a plan to buy at least $500 billion of long-term securities, what investors and traders refer to as QE II, according to a Reuters poll of primary dealers.

Grab your candy corn and get ready to have the ‘bat snot’ scared out of you- It’s Glenn Beck’s Halloween Election Special. Expect intimidation. Expect fraud. But make your voice heard.

2012 will be the bad year: I predict that hyperinflation’s tipping point will be no later than the first quarter of 2012. From there, it will accelerate. By the end of 2012, I would not be surprised if the CPI for the year averaged 30%.

It turns out that the welfare state is a mathematical impossibility. Ludwig von Mises was correct. Those that practice socialism eventually bankrupt themselves.