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Dear AIG,
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Blog

Dear AIG,

"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.

03/26/2009
Virginia Energy Forum - Please attend and invite others!
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Blog

Virginia Energy Forum - Please attend and invite others!

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

03/25/2009
Obama Creates Panel to Reform Tax Code
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Blog

Obama Creates Panel to Reform Tax Code

An alert activist just sent us this story from Bloomberg.

03/25/2009
Geithner calls for creation of government protection racket
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Blog

Geithner calls for creation of government protection racket

In one of the most brazen, unconstitutional power grabs in American history, Secretary of the Treasury Tim Geithner went before Congress on Tuesday to ask for broad powers to seize non-bank financial firms (such as AIG), power which he could exercise “in consultation” with the Federal Reserve and the President (for whom the Treasury Secretary works.)

03/25/2009
Henry Hazlitt on the Geithner Plan
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Blog

Henry Hazlitt on the Geithner Plan

Journalist and economist Henry Hazlitt, writer of Economics in One Lesson, comments on the role of property rights in the functioning of the price signals:

03/25/2009
Over 1,000 Attend Orange Tax Revolt Meeting
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Blog

Over 1,000 Attend Orange Tax Revolt Meeting

Over 1,000 attended an Orange Tax Revolt meeting on March 23.  The focus of the meeting was “What We Can Do.”  Numerous times throughout the meeting citizens chanted and waved signs stating “Tax Relief Now”!  Speakers Tom Whisnant and Joe Phelps encouraged the group to stay determined and explained the revaluation appeals process.  Attorney Cynthia Shriner explained the North Carolina statute regarding property tax revaluation.  The group was encouraged to appeal their revaluations and to contact the commissioners to ask that the new property tax values be rescinded and that new tax rate be set below revenue neutral.  Citizens were also encouraged to send letters to the editor of the local newspapers.The event drew local and national media attention with FOX news traveling from Atlanta.  Earlier in the day, the FOX team interviewed Orange County manager Laura Blackmon and Orange county citizen Ned Rigsbee.  Numerous local news stations and newspapers covered the event.

03/24/2009
Specter to Vote Against Card Check
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Blog

Specter to Vote Against Card Check

It looks like Senator Arlen Specter (R-PA) plans on voting against both cloture and passage of Card Check:Senator Specter's Office has confirmed to ATR that he will vote against both cloture and passage on the Employee Free Choice Act (also known as "card check" or the employee NO choice act).  His vote is critical and this a major victory for freedom, as well as a stunning defeat for the other side.H/T Americans for Tax Reform Blog

03/24/2009
Ron Paul: Bankruptcy is Economic Stimulus
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Blog

Ron Paul: Bankruptcy is Economic Stimulus

Here is an interesting column written by Congressman Ron Paul (TX-14), making an extremely interesting case for the necessity of an AIG bankruptcy.

03/24/2009
The Flawed Public-Private Partnership Plan
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Blog

The Flawed Public-Private Partnership Plan

The Treasury released their plan on Monday to clean banks' balance sheets.  A five page document distributed by the Treasury offers some limited details.  It looks like the plan has the government becoming the largest hedge fund with potential to invest up to $970 billion in risky assets.  $30 billion more will come from private investors who will, according to the Treasury, accurately price the assets because their own money will be involved.

03/24/2009
Card Check Update: New "Compromise" Emerges
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Press Release

Card Check Update: New "Compromise" Emerges

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03/23/2009

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