US Action News

[T]here is a hidden economic depression running along the underbelly of the country. … The government may say this is not the 1930’s where bread lines formed outside the corner soup kitchen, however, for many American’s the only difference is that they are found at the mailbox and online instead. – Streettalklive

Kudlow describes how Obama’s micro managing of the economy has failed. Record spending, record deficits and record debt have given us record food stamp rolls, persistent long term unemployment, slowing growth, falling home prices and higher gas and food prices. Can we stand four more years of economic suicide?

When the next wave of the financial crisis hits, the U.S. economy is going to fall back into recession, financial markets are going to crash and unemployment is going to absolutely skyrocket. But you will never hear any of that from the Federal Reserve.

[I]t warned that the world remains at risk of collapsing into a slump that would rival the Great Depression – with ‘acute risks in Europe’ the major threat. – Mail Online

Hope is not an option. There is too much debt, too little cash-flow, too many promises, too many lies, too little common sense, too much mass delusion, too much corruption, too little trust, too much hate, too many weapons in the hands of too many crazies, and too few visionary leaders to not create an epic worldwide implosion.- The Burning Platform

Studies show that historically, around 90% of US recessions post World War II were preceded by oil price shocks. The most recent occurrence took place when oil more than doubled in price from January 2007 to July 2008 due to a sharp increase in Chinese demand. The pullback of US consumer and corporate spending already put a drag on economic growth before the subprime-induced financial crisis closed the deal on the Great Recession.

Ironically, the very act of rolling out this product is thus the alarm bell that higher rates are a-comin’. – Zero Hedge

“It looks odds-on that eurozone GDP contracted again in the first quarter of 2012, thereby moving into recession,” said Howard Archer, chief European economist at IHS Global Insight. – BBC News

Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.

The American people are terribly spoiled and they do not possess the character to handle depression-like conditions with grace and dignity. In the years ahead, we are going to see rampant rioting and looting in our major cities. The crime sprees that we will witness in future years will be absolutely unprecedented.