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US deficit reduction painful, commission chiefs warn
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Blog

US deficit reduction painful, commission chiefs warn

Democracy and Power:  104 Future Debt BurdenA government debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. Sennholz

07/27/2010
Senate to Move Forward on DISCLOSE Act Tomorrow
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Blog

Senate to Move Forward on DISCLOSE Act Tomorrow

Big heads up: a cloture vote to move forward on the DISCLOSE Act is scheduled in the Senate tomorrow afternoon. Click here to call your Senators and urge them to vote No on cloture to keep the DISCLOSE Act from becoming law. FreedomWorks sent this key vote to the Hill this morning urging a No vote on the bill.  Here's an excerpt:

07/26/2010
Key Vote "NO" On S.3628: The Disclose Act
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Press Release

Key Vote "NO" On S.3628: The Disclose Act

Dear Senator,On behalf of over a million FreedomWorks members nationwide, I urge you to support the First Amendment of the Constitution, as you have sworn to do, and VOTE NO on S.3628, the Democracy is Strengthened by Casting Light on Spending in Elections (DISCLOSE) Act.

07/26/2010
Calculate How Your Taxes Will Change in 2011
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Blog

Calculate How Your Taxes Will Change in 2011

On January 1, 2011, the largest tax hike in American history may arrive. Unless Congress takes action, Bush-era tax cuts that were enacted in 2001 and 2003 will expire at the end of 2010. According to Cato Institute scholar Chris Edwards: The Bush tax cuts substantially reduced tax rates for people in every income group.

07/26/2010
The Fight For School Choice in Pennsylvania
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Blog

The Fight For School Choice in Pennsylvania

Despite the fierce opposition from powerful teachers’ unions, the school choice movement is growing across the nation. Most recently, Pennsylvania State Senator Anthony Williams (D-Philadelphia) introduced the Opportunity Scholarship Act (SB 1405) that would expand educational options for children.

07/26/2010
Extending Unemployment Benefits Will Extend Recession
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Blog

Extending Unemployment Benefits Will Extend Recession

Today, President Obama signed legislation to extend unemployment benefits. Congress claims this measure is both necessary and beneficial. Art Laffer wrote an excellent piece in the Wall Street Journal a couple weeks ago explaining why such claims demonstrate flawed and dangerous thinking. Extending benefits will extend unemployment.

07/23/2010
Lost in Taxation
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Blog

Lost in Taxation

Personal Freedom and Power 106:  Funding GovernmentGovernment is not, as some people like to say, a necessary evil; it is not an evil, but a means, the only means available to make peaceful human coexistence possible. But it is the opposite of liberty. It is beating, imprisoning, hanging. Whatever a government does it is ultimately supported by the actions of armed constables. If the government operates a school or a hospital, the funds required are collected by taxes, i.e., by payments exacted from the citizens.  -Ludwig von Mises

07/23/2010
New Regulation Threatens Mining Industry
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Blog

New Regulation Threatens Mining Industry

Congress has introduced a resolution entitled “The Miners Safety & Health Act of 2010” that threatens to devastate the mining industry. This legislation creates burdensome new regulations and begins a government takeover of mine management. Defeating this legislation is essential to preserving the industry and the market forces that drive it.

07/22/2010
The Definition of Insanity (A Response to Rep. Carolyn Maloney)
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Blog

The Definition of Insanity (A Response to Rep. Carolyn Maloney)

Albert Einstein once said that insanity was “doing the same thing over and over again and expecting different results". Under this definition, most members of Congress could be classified as insane, especially when it comes to solving the financial crisis. 

07/22/2010
Great New Book to Checkout: "Spread the Wealth"
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Blog

Great New Book to Checkout: "Spread the Wealth"

There's a great new book out there that anyone who wants a better understanding of the roots of today's fiscal crisis and what we can actually do about it should checkout.  It's written by David Breuhan and it's called "Spread the Wealth: More Haves, Fewer Have Nots."  Breuhan is a money-manager and has taught Austrian economics at the graduate level.  He has a keen understanding of the implications of trade restrictions, high taxes, deficits, and spending and is able to put it in simple terms that anyone can understand.

07/22/2010

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