America stands on the brink of economic annihilation. The situation has become that serious. Our president wants to spend an additional $447 billion on random nonsense guaranteed to create zero new jobs; he wants to tax American citizens to pay for it. There are only 1.75 full-time private sector workers for each Social Security recipient, which means that Social Security is essentially insolvent. The unemployment rate remains 9.1 percent. The stock market is bouncing like a ping-pong ball because nobody knows what to expect -- and some experts estimate that it will drop another 20 percent in the long run before hitting rock bottom.

More importantly, Americans are losing hope in their ability to succeed. According to The New York Times/CBS News poll this week, 51 percent of Americans say they are pessimistic about the future, as opposed to 43 percent who say they are optimistic. Just 10 months ago, 56 percent of Americans were optimistic, versus 38 percent who were pessimistic. According to the Pew Economic Mobility Project, just 47 percent of Americans believe that their children will have a better standard of living than they have now. Even more frighteningly, 59 percent say that it will be more difficult for their kids to better their economic status than it was for them.  Click here to read more.