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I’m somewhat pleased to say that the Obama Administration is rejecting the restructuring plans of GM and Chrysler. The bad news is that the Administration has already given them billions of our (taxpayer) dollars and will continue to fund them (Chrysler for 30 days and GM for 60 days) with taxpayer money, at the end of which the companies will likely (in my opinion) have to file for bankruptcy.
It’s so rare to see a passionate defense of free markets from Europe that I feel compelled to share this with you…and it’s good enough to deserve sharing in its own right: http://www.telegraph.co.uk/comment/columnists/janetdaley/5071721/G20-If-capitalism-is-overthrown-well-lose-our-political-freedom.html
Here in Colorado, there's a move being pushed by Democrats in the state legislature to join an "interstate compact" that would, if states representing 270 electoral votes or more join, give those states' electoral votes to the winner of the national popular vote, essentially ensuring that we have moved to direct democracy in this country -- just what our Founders were wisely trying to avoid.
Politico is reporting that GM CEO Rick Wagoner is resigning, effective immediately, “at the government’s behest.” While my gut reaction was anger at Obama, after a few minutes I’m less angry.
Stamford, CT - FreedomWorks members will join other Connecticut taxpayers to gather on Saturday at 10am to send a message to leaders of both parties that taxpayers are angry with the bailouts, debt, pork projects, and wasteful spending rampant in Washington and Connecticut. Part of the national movement of “tea parties,” protesters are gathering in the spirit of the Sons of Liberty in Boston, who in 1773 protested the British government by dumping tons of tea into the harbor.
Although these words were spoken about two months ago, recent developments have made them seem even more relevant. Here’s a multiple choice question: Who said the words below?
Much has been made of conservative talk radio host Rush Limbaugh’s statements concerning President Obama and his desire to “see him fail.” I was asked to comment on this during a recent interview. My short answer: Rush is right.
FreedomWorks supports Rep. Todd Tiahrt’s (KS-4) No More Bailouts Resolution calling on Congress to stop spending billions of borrowed taxpayer funds. Starting with AngryRenter.com opposing last year’s mortgage bailout, FreedomWorks has consistently opposed these wasteful plans and applauds Rep. Tiahrt for taking a stand on behalf of taxpayers and the free market.
"It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products." The New York Times on Tuesday ran an op-ed entitled "Dear A.I.G., I Quit!." It's the real letter of resignation of Jake DeSantis, executive vice president of AIG's financial products unit. Read it here.
FreedomWorks is helping promote this energy issues forum in Richmond, Virginia on Tuesday, April 7th. Please consider attending if you are able and invite others in your area to go as well. Details below...Please Join Lt. Governor Bill Bolling and Senator Frank Wagner for a forum discussing Virginia’s Offshore Oil & Gas Supply & Potential of Royalty RevenuesSoutheast Energy Alliance and Virginia Manufacturers AssociationOffshore Oil and Gas & Potential Royalty Revenue Forum830 East Main StreetRichmond, VA