US Action News

The United States is now losing wealth as a result of a massive campaign to reduce private property ownership through the policy of Sustainable Development. If not reversed, the United States will find itself in Third World status for exactly the same reasons other nations have landed there – destruction of private property rights.

Tax the rich, put unions in control, nationalize healthcare, weaken the military and make everyone dependent on government handouts seems to be Obama’s plan for America but it hasn’t worked out so well for France and other European countries that have embraced Obama’s socialist ideology years ago. Insanity is doing the same things over and over and expecting different results. Does anyone really believe that the Chicago thug community organizer can make socialism work when it has failed the world over?

The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.

Many businessmen hung on, hoping for a change in the madness that passes for economic leadership and policy. These hopes were dashed with the re-election of the ideologue driving the madness.

Since the election, there has been a massive tsunami of layoffs and business failures. Of course the company that is making the biggest headlines right now is Hostess.

The result of this fiscal insanity is that “In 2010, at least 204 companies said goodbye to the state, exactly four times more than fled in 2009. The exodus surged to more than 280 companies in 2011, when they left the state at a clip of 5.4 companies per week.” This just leaves joblessness and economic stagnation in its wake.

In his first five years in office, FDR spent more than the previous 31 presidents combined; in eight years as president, Obama will have doubled the national debt accumulated by all 43 of his predecessors (unless, of course, Uncle Sam’s farcical finances blow up before then).

After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.

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 CBO estimated Obamacare would kill 800,000 jobs over the next ten years. What kind of idiot populace votes for political elitists that say they want jobs but pass bills that kill jobs and cripple the economy? We have met the enemy and it is the sycophant socialist Democrats who think there is an endless spigot of government funds from which they can vote themselves comfort and security from cradle to grave. America will have to become Greece before enough people will wake up from the community organizer’s Marxist dreams.