State of the Union Address filled with empty promises

"The American people certainly don't need any more empty promises.  Millions of American families have been pushed to the edge of desperation by this economy.

There has been a lot of talk that the economy is "turning around", but in many areas of the country the employment situation continues to get even worse.  Payrolls decreased in 35 U.S. states during the month of December.

The truth is that the number of "good jobs" produced by the U.S. economy continues to shrink.  In fact, only 47 percent of working-age Americans have a full-time job at this point.

The American people are not going to buy this "economic recovery" as long as unemployment remains at epidemic levels in so many areas.  Just consider some of the stunningly high unemployment rates in some of our most important states....

Nevada - 14.5%

California - 12.5%

Florida - 12.0%

So did Barack Obama propose anything substantial that will actually create real jobs?

No.

Instead, all he had to offer was just a bunch of empty promises."

Read the rest at zero hedge here.

Here is the change promised...

Two excellent blogposts to check out.

This may be old school to some of you, but since this blog is new to me, maybe you've never seen it either.

www.zerohedge.com

Zerohedge is written by Tyler Durden  (the character name from the movie The Fight Club).  His articles are also seen on seekingalpha.com.

This guy blogs so often, it makes my head swim.  He is really smart, and very well informed.

Of particular interest to those of you who have been watching our wealth drain away by out of control government spending and purposeful devaluation of our dollars (read:  I make the same salary, but my money doesnt go as far), check out this blogpost of his dated the 27th, but linked to today at lewrockwell.com:

http://www.zerohedge.com/article/paralyzed-fed-defers-decision-monetary-policy-primary-dealers

This one blew my mind.  Between the election and the Fed meeting next week, we are truly witnessing significant history in the making.

Also at lewrockwell.com is an article today by Gary North, who has a knack for explaining complex economic issues in plain English.  I really enjoy his articles.  He has many great posts archived at LRC.

Today's entry is an article called "The Police State is doomed".

Great stuff, enjoy.