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From Georgian super-activist Debbie Dooley who led the charge:
White House Chief of Staff Rahm Emanuel and socialist “climate adviser” Carol Browner recently met with members of the United States Climate Action Partnership (USCAP), companies who are angling for “free” CO2 emission permits for themselves as part of a federal “cap and trade” scheme. Beyond the fact that “cap and trade” will have no relevant impact on climate, the process of designing the scheme is, as it must be, inherently corrupt. The Bloomberg article notes that “The free allowances may be worth as much as $40 billion a year…,” more than enough for those companies to spend their time and their campaign contributions trying to get a piece of the pie.
It's common knowledge that California is going broke. So broke they're asking for TARP money, a program whose beneficiaries can't get out of fast enough. It was bad enough when they took my money to give to banks and companies that made bad decisions - but naysayers were explained away with words about "systemic risk" and "too big to fail." With a GDP among the top ten in the world (were it an independent country), it's hard to see how we won't see those same platitudes trotted out again.
Mark Thorton over at the Mises Institute has a very interesting article up today on the role of anti-trust regulation in Hollywood. Be sure to check it out. He describes how movies were produced in the "golden age" and how Federal Trade Commission forced them to change it.
During a recession, the last thing government should do is raise taxes on the middle class and poor. But that is exactly what some Louisiana legislators are trying to do. They have crafted a 50 cent per pack tax hike on smokers that they say will raise more money for the state. But instead of raising taxes, legislators in Baton Rouge should find ways to cut wasteful government spending.Regardless of whether you smoke or not, all of us can agree that increasing taxes on the middle class and making it tougher for small businesses during a recession is bad public policy. Plus, the revenue that the government wants to collect won’t be there anyway, as recent studies have shown.Take a minute and SEND A MESSAGE to the legislature, telling them to stand on the principles of lower taxes, less government and more freedom by opposing the tobacco tax.
During the presidential campaign of 2008, Barack Obama pledged that those making below $250,000 would not see their taxes go up one dime. He promised to cut taxes for the middle class and poor people. But if his friends in Congress get their way, President Obama will have a tough decision to make – whether to break his campaign pledge again in the form of higher taxes on soda and “sugary drinks” like sports and energy drinks.
My friend Brian Wesbury had a particularly excellent comment on Monday: Bad Logic To view PDF of this article, Click Here Brian S. Wesbury - Chief Economist, First Trust Advisors Robert Stein, CFA - Senior Economist, First Trust Advisors Date: 5/11/2009
A recently released memo from the Office of Management and Budget commenting on the Environmental Protection Agency’s “proposed findings” is one of the most remarkable criticisms of a government agency that I’ve ever seen from another branch of government. Read an article about the memo here, and click on a link within the article to see the memo itself. The memo is only 9 pages, and it’s a must-read for anyone who wants intellectual ammunition against the takeover of our entire economy by the left.
Washington, DC – In the wake of the White House’s announcement this week that it will seek to provide billions in new resources to the International Monetary Fund (IMF), FreedomWorks is mobilizing its more than 500,000 volunteers all over the country for an all-out grassroots effort in opposition. The Obama IMF Bailout is the latest scheme put forward by the administration that threatens to waste billions of hard-earned taxpayer dollars.
May 12, 2009Honorable Nancy PelosiSpeakerHonorable John BoehnerMinority LeaderMembers of the 111th CongressU.S. House of RepresentativesWashington, D.C. 20515Dear Representative,Writing on behalf of over 500,000 FreedomWorks members nationwide, I urge your support of Representative Jeff Flake’s (R-6th AZ) privileged resolution instructing the Committee on Standards of Official Conduct or a subcommittee to investigate the relationship between the source and timing of past campaign contributions to Members of the House and the earmark requests made by Members of the House in regards to the lobbying firm PMA Group, currently under investigation by the FBI.President Barack Obama promised at the beginning of his term to usher in a new era of transparency in governance. Nowhere is this accountability more urgently needed than in the earmark process.It is long acknowledged that the earmark process is in desperate need of reform. With little oversight, projects and their funds are judged less on their own merits than on favoritism and patronage. Also, there have been many recent examples of earmarks going to those individuals or organizations that also donated funds to congressional campaigns. These instances break down the public trust and give credence to “pay to play” perceptions.At a time when our nation is facing record deficits, skyrocketing spending, and economic turmoil at every level, it is essential that the use of taxpayer funds is examined under the microscope of transparency. Each dollar the government spends is a dollar a taxpayer earned. And it was bequeathed to the government with an expectation that it would be used well – not on favors to gain more personal power. Such waste and lack of oversight shows a profound lack of regard toward the taxpayers of this country.Once again, I urge you to support Rep. Flake’s privileged resolution and bring about this much needed reform to the earmark process.Sincerely,Matt KibbePresident and CEOFreedomWorks