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Bailing Out of the Constitution
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Bailing Out of the Constitution

BY George F. Will

It is high time Americans heard an argument that might turn a vague national uneasiness into a vivid awareness of something going very wrong. The argument is that the Emergency Economic Stabilization Act of 2008 (EESA) is unconstitutional.

03/30/2009
Now they realize the Big Three aren't viable?
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Now they realize the Big Three aren't viable?

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.

03/30/2009
Obama forces out CEO of General Motors
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Obama forces out CEO of General Motors

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.

03/29/2009
Our very own Wesley Mouch
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Our very own Wesley Mouch

In Atlas Shrugged, one of the main villains is Wesley Mouch, who is described in the Wikipedia entry on the book’s characters as “Initially Wesley Mouch is the least powerful and least significant of the Looters - the other members of this group feel they can look down upon him with impunity. Eventually he becomes the most powerful Looter, and the country’s economic dictator, thereby illustrating Rand’s belief that a government-run economy places too much power in the hands of incompetent bureaucrats who would never have positions of similar influence in a private sector business.”

03/19/2009
Congress Angry about Irresponsible Use of Taxpayer Dollars
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Congress Angry about Irresponsible Use of Taxpayer Dollars

David Harsanyi of the Denver Post has written an amazing article on Congressional outrage over AIG bonuses.  "Here's an idea: If you stop nationalizing banks, there will be no need to engage in phony-baloney indignation over bonus payments anymore."  He's exactly right!  I can't say it any better than he does: 

03/18/2009
John Stossel: Bailouts and Bull on 20/20
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John Stossel: Bailouts and Bull on 20/20

John Stossel on government bailouts:

03/16/2009
Ron Paul on Reinflating the Bubble
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Ron Paul on Reinflating the Bubble

Ron Paul explains to Congress that we can't re-inflate the housing bubble.

03/12/2009
History of Financial Bailouts
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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
Video: Rick Santelli tells it like it is
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Video: Rick Santelli tells it like it is

Here is a great video from CNBC correspondent, Rick Santelli, on the floor of the Chicago Mercantile Exchange summarizing what I think is the sentiment of many Americans right now:

02/19/2009
Bailout Bucks for All!
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Bailout Bucks for All!

FreedomWorks just developed these Bailout Bucks - inspired by our friends at UGA. This afternoon we're delivering them to Senate offices along with copies of our key vote and Top 10 Reasons the Economic "Stimulus" package is beyond ridiculous.

02/06/2009

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