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Key Vote NO on the Disaster Relief Act of 2013
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Key Vote

Key Vote NO on the Disaster Relief Act of 2013

Dear FreedomWorks member,As one of our millions of FreedomWorks members nationwide, I urge you to contact your Members of Congress and urge them to vote NO on H.R. 152, the “Disaster Relief Appropriations Act”, and NO on the Frelinghuysen Amendment to add $33 billion in spending to the bill. 

01/14/2013
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Blog

There Is No National Debt

As we approach the next artificially constructed, politically motivated, intentionally promoted national crisis, we should keep one thing in mind: though we speak of a national debt, there is no single national debt.  The debts the government owes are real enough, and a source of national shame, totalling as they do over $16 trillion.  But those debts are owed to millions of holders of the various Treasury notes, bills, and bonds, each of whom may own multiple securities of various maturities.  Sold weekly, the securities come due and, as people get around to it, are either rolled over or redeemed every business day.That is important because as we run up against the debt ceiling, the fear mongers will claim that failure to raise the ceiling will cause us to default on the debt, as if it is one single sum owed to a single debt holder.  Defaulting on it is made to sound like the sky is falling, as if it would be the end of the nation itself.Another category of securities are those held by government agencies, such as the Social Security "Trust Fund" and the federal pension funds.  Failure to redeem one of these securities would be politically explosive, exposing the duplicitous nature of the generational theft caused by runaway spending.In fact, defaulting on one of these debts, as stupid and irresponsible as that would be, would merely cause people to reconsider the soundness of tying up their money in Treasury securities.  That would cost the government more in interest payments in the future, which would probably lead to a chain reaction of inflation.  On the other hand, it might lead people and institutions to invest in more productive ways, such as in the stock market.

01/14/2013
Opposition Grows As Jack Lew Proves He Doesn't Understand Budgets
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Blog

Opposition Grows As Jack Lew Proves He Doesn't Understand Budgets

Jack Lew, President Obama's choice to replace Timothy Geithner as Treasury Secretary, has been in Washington DC a long time. Anyone in public service that long will have quite a record of public statements that will paint an accurate picture for Senators who are considering his nomination.

01/14/2013
$Trillion Coin – More Deceit, Debt and Dereliction of Duty
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Blog

$Trillion Coin – More Deceit, Debt and Dereliction of Duty

Democracy and Power 108: ObfuscationWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. —Hans F. Sennholz

01/12/2013
Your Guide to the National Debt (Part 3)
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Blog

Your Guide to the National Debt (Part 3)

The problem of the national debt can seem overwhelming. How do you address $16.4 trillion in gross debt, or even $11.5 trillion in debt held by the public? Congress is gridlocked, President Obama doesn't want to deal with it, and the Congressional Budget Office estimates that we will spend $3.554 trillion this fiscal year, thereby adding another $641 billion to the debt. Caught in such a difficult situation, the problem appears insurmountable.

01/11/2013
FreedomWorks Announces Opposition to Jack Lew’s Treasury Secretary Appointment
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Press Release

FreedomWorks Announces Opposition to Jack Lew’s Treasury Secretary Appointment

Activists are urged to contact their Senators on NotJackLew.com to say “NO” to Jack Lew

01/11/2013
America Ranks Lower in Economic Freedom, Again
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Blog

America Ranks Lower in Economic Freedom, Again

There was a time when America was the land of opportunity. The shining city on a hill in which anyone could succeed. Those were the days when America was an exemplary specimen of the free market. Unfortunately, it would appear, those days are gone. In fact, economic freedom is in decline around the world, not just in America.

01/11/2013
Journalists Being Trained by Pro-Obamacare Group on How to Report on Obamacare?
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Blog

Journalists Being Trained by Pro-Obamacare Group on How to Report on Obamacare?

Back in 2010, an agreement between a pro-Obamacare foundation and a society of business journalists had been questioned as a ‘cozy propaganda arrangement’. This arrangement has recently continued through sponsorship funding and training efforts that will provide journalists with "specialized education in health care reporting".

01/11/2013
FreedomWorks Issue Analysis: Paycheck Protection and Pennsylvania
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Issue Analysis

FreedomWorks Issue Analysis: Paycheck Protection and Pennsylvania

Paycheck protection laws prevent union leadership from spending compulsory membership dues on political expenses prior to obtaining consent from membership as individuals.Paycheck protection programs have proved to be effective, so long as they remain comprehensive. Given the scope of unions in the Commonwealth, Pennsylvania workers stand to retain greater freedom and more of their hard-earned paychecks if an undiluted paycheck protection program is implemented in the state.

01/10/2013
The FreedomCast: Episode 2 - Dean Clancy on Obamacare and the Debt Crisis
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Blog

The FreedomCast: Episode 2 - Dean Clancy on Obamacare and the Debt Crisis

The FreedomCast: Episode 2 - Dean Clancy on Obamacare and the Debt Crisis Today, Dean Clancy VP of health care policy and legislative affairs at FreedomWorks joins me to discuss the debt crisis, Obamacare, and patient center health care as the key to our rising health care costs.

01/10/2013

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