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Stock market gets Obama-ed again on Tuesday

On Tuesday, the stock markets put in another dismal performance, with all major indices closing down on the day. The Dow Jones Industrial Average closed at 6726, down 37 points, about 20 points above its low and 125 points below its mid-day high. And immediately after the bell, futures are trading substantially lower, as if the Dow were down another 25 points or so.  The market closed at levels last seen in October, 1996. Technology stocks were slightly stronger, with the Nasdaq down only two points, but also much closer to its daily low than high.

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Blog

Stock market gets Obama-ed again on Tuesday

On Tuesday, the stock markets put in another dismal performance, with all major indices closing down on the day. The Dow Jones Industrial Average closed at 6726, down 37 points, about 20 points above its low and 125 points below its mid-day high. And immediately after the bell, futures are trading substantially lower, as if the Dow were down another 25 points or so.  The market closed at levels last seen in October, 1996. Technology stocks were slightly stronger, with the Nasdaq down only two points, but also much closer to its daily low than high.

03/03/2009
History of Financial Bailouts

If you liked FreedomWorks' Roots of the Crisis, you'll enjoy this.  The February issue of the Freeman magazine has a great article by free banking historian and economist Larry White on the recent history of financial bailouts.  It's a historical narrative of financial bailouts over the last year.  Check it out here.  

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Blog

History of Financial Bailouts

If you liked FreedomWorks' Roots of the Crisis, you'll enjoy this.  The February issue of the Freeman magazine has a great article by free banking historian and economist Larry White on the recent history of financial bailouts.  It's a historical narrative of financial bailouts over the last year.  Check it out here.  

03/03/2009
Top 10 Reasons Florida Needs Real Insurance Reform

[click here to download a .pdf of this report for printing]

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Top Ten

Top 10 Reasons Florida Needs Real Insurance Reform

[click here to download a .pdf of this report for printing]

03/02/2009
School Choice is the freedom that saves kids' futures

While the $410 billion price tag on Congress’ omnibus spending bill gets all the media’s attention, low-income school children in Washington, DC are more concerned about what it may do to their education opportunities.

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Op-ed Placement

School Choice is the freedom that saves kids' futures

BY Matt Kibbe

While the $410 billion price tag on Congress’ omnibus spending bill gets all the media’s attention, low-income school children in Washington, DC are more concerned about what it may do to their education opportunities.

03/02/2009
FreedomWorks Activists to Protest Anti-Energy Extremists at Capitol Rally

Washington, DC - FreedomWorks activists rallied with other pro-energy groups on Capitol Hill today in support of policies that will promote clean, affordable, and reliable energy.  .  The rally was organized in direct in opposition to the Capitol Climate Action, a gathering of anti-energy extremists calling for civil disobedience and encouraging members to get arrested in an attempt to shut down the capitol power plant.

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Press Release

FreedomWorks Activists to Protest Anti-Energy Extremists at Capitol Rally

Washington, DC - FreedomWorks activists rallied with other pro-energy groups on Capitol Hill today in support of policies that will promote clean, affordable, and reliable energy.  .  The rally was organized in direct in opposition to the Capitol Climate Action, a gathering of anti-energy extremists calling for civil disobedience and encouraging members to get arrested in an attempt to shut down the capitol power plant.

03/02/2009
Rothbard on Consumer Spending

A report released on Monday by the Commerce Department said spending rose by .6 percent in January.  The article reminded me of a chapter in Murray Rothbard's Man, Economy, and State.  Rothbard writes in Chapter 6, 

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Blog

Rothbard on Consumer Spending

A report released on Monday by the Commerce Department said spending rose by .6 percent in January.  The article reminded me of a chapter in Murray Rothbard's Man, Economy, and State.  Rothbard writes in Chapter 6, 

03/02/2009
Stock futures reflecting national economic destruction

As I write this just before 9 PM Mountain Time on Sunday, stock index futures are pointing to another very weak open on Monday morning, with Dow Jones futures trading well below 7,000. Asian stocks are getting slammed, with shares of HSBC halted and the market anticipating weak earnings, a dividend cut, and a large sale of stock at a highly discounted price. And that’s a bank that’s doing well.

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Blog

Stock futures reflecting national economic destruction

As I write this just before 9 PM Mountain Time on Sunday, stock index futures are pointing to another very weak open on Monday morning, with Dow Jones futures trading well below 7,000. Asian stocks are getting slammed, with shares of HSBC halted and the market anticipating weak earnings, a dividend cut, and a large sale of stock at a highly discounted price. And that’s a bank that’s doing well.

03/01/2009
Key Vote “No” H.R. 1106: Helping Families Save Their Homes Act of 2009

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “NO” on H.R. 1106: Helping Families Save Their Homes Act of 2009.  Also referred to as “cram-down,” this legislation allows bankruptcy judges to modify home mortgages, including reducing principal rather than leaving those business decisions in the hands of the banks and lenders who own the homes.  In addition, the act modifies the Hope for Homeowners program by removing the taxpayer protections in place and making it easier for those who made risky choices to take advantage of taxpayer funds to bail them out on their mortgage. 

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Press Release

Key Vote “No” H.R. 1106: Helping Families Save Their Homes Act of 2009

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “NO” on H.R. 1106: Helping Families Save Their Homes Act of 2009.  Also referred to as “cram-down,” this legislation allows bankruptcy judges to modify home mortgages, including reducing principal rather than leaving those business decisions in the hands of the banks and lenders who own the homes.  In addition, the act modifies the Hope for Homeowners program by removing the taxpayer protections in place and making it easier for those who made risky choices to take advantage of taxpayer funds to bail them out on their mortgage. 

02/26/2009
Key Vote “Yes” on the DeMint ‘Fairness Doctrine’ Amendment to S. 160

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “YES” on Senator Jim DeMint’s (R, SC) Fairness Doctrine Amendment to S. 160, the D.C. Voting Rights Bill.  This amendment would prevent the Federal Communications Commission (FCC) from imposing the so-called Fairness Doctrine on broadcasters.  It is based off of The Broadcaster Freedom Act (S. 34); legislation previously offered by Senator DeMint and carrying 29 cosponsors.

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Press Release

Key Vote “Yes” on the DeMint ‘Fairness Doctrine’ Amendment to S. 160

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “YES” on Senator Jim DeMint’s (R, SC) Fairness Doctrine Amendment to S. 160, the D.C. Voting Rights Bill.  This amendment would prevent the Federal Communications Commission (FCC) from imposing the so-called Fairness Doctrine on broadcasters.  It is based off of The Broadcaster Freedom Act (S. 34); legislation previously offered by Senator DeMint and carrying 29 cosponsors.

02/26/2009
School Choice in Danger in the District

How can Congress take school choice from these kids?  

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Blog

School Choice in Danger in the District

How can Congress take school choice from these kids?  

02/26/2009

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