US Action News

You can keep your heads in the sand only so long before the growing effects of such idiotic policies come home to you.

We would really be in trouble if US GDP was over 2%! How about if unemployment was below 7% or banks were actually lending to small businesses?

We cannot afford to turn our backs on this – especially with 23 million Americans unemployed or underemployed, 47 million on food stamps, 128 million dependent on various government programs, and the nation $16 trillion in debt. This is unsustainable, and driving the USA toward Greece and Europe.

The new robber barons in the Executive Branch and Congress are not content only with taxing job creators and saddling our children and great grandchildren with trillion-dollar IOUs. They are using hard-earned tax money to finance wind, solar, biofuel and other schemes that primarily reward crony capitalist campaign contributors.

Right now the world produces more Oil than it consumes each day, and it has for the past 16 months, this trend will only get worse in 2013. So expect prices to finally start to address this over supply issue in the Oil Markets in 2013.

The likely eventual consequence of this unlimited money printing operation – Dollar debase and the artificial price inflation of almost everything from commodities (including Oil and Gasoline) to stocks, and consumers end up paying the price.

“Eliminating the fear that the world is running out of oil eliminates an urgency to experiment with or to implement alternative fuels including biofuels, wind energy, and solar energy as long as these energies remain less energy-efficient, less reliable, and more costly than using oil and natural gas.”

The media is “in the tank ” for Obama. Administration policies are directly responsible for our continued dependence on terrorist supporting Middle East oil. Blocking the Keystone pipeline, limiting oil exploration on federal lands and offshore, using the EPA to attack the oil industry, kill the coal industry and stop new technology in oil and gas production in the US, Obama pushes up oil, gas and electric rates as he promised. More …

Oil production in North Dakota continues to make it the most economically successful state in America, with record levels of employment and income growth, the lowest state jobless rate in the country, a state budget surplus of $1 billion, the lowest home foreclosure rate in the country, strong housing and construction markets, and jobless rates in ten of the state’s counties below 2.0%.

Salazar claimed that Obama energy policies were responsible for reduced oil imports, for record natural gas production, for American auto manufacturers making cars that ‘Americans want to buy,’ and for creating hundreds of thousands of jobs in the renewable sector. But the facts are not on Secretary Salazar’s side.