US Action News

U.S. has “turned Japanese” with a near lost decade of job creation. We should expect results that are similarly poor as in Japan in coming decades: we use the same policy prescription for the same ailment, why wouldn’t we have the same result?

San Bernardino, California told citizens to “lock their doors and load their guns” because there is not enough money to pay for adequate police protection any longer.

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.

Since September 1st, we have seen more job cuts announced than during any other two month period since the start of 2010. These announcements represent future layoffs and job losses which are not even showing up in the unemployment numbers yet.

By keeping real interest rates negative the Federal Reserve is destroying the value of your money and raising the costs of everything. Economist Marc Faber explains the dire consequences on the global horizon.

Ours is a stumbling economy with little in the way of knee pads to cushion a fall. … Based on expectations for the rest of 2012, economic growth will remain in the cellar.

Unemployment stays high, GDP less than 2%, trillion plus deficits every year and factory orders slide showing Obama’s inexperience and redistribution ideology is killing the economy and actually preventing recovery. Can we afford four more years of economic suicide?

Unemployment claims jump again showing a continuation of Obama’s failed jobs policies and record spending. Wall Street and banks thrive on Federal Reserve action of creating more money out of thin air. The Fed’s policies have wiped out income from retirement accounts and savings. Gas and grocery prices continue to rise despite the government insistence that there is no inflation. Lower incomes, more in poverty, more inequality, more government dependence all show Obama’s policies are destroying the middle class. Can we afford four more years of national suicide?

We all need to get mentally, emotionally and spiritually prepared for what is ahead.

Government has created dependency as a means to increase power and attract votes. There is little hope that the US can return to its Constitutional moorings through the normal political process. The number of dependents almost outnumbers the producers, ensuring that they vote for whomever promises them the greater gifts.