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In Action

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
Ending Taxpayer Abuse in Georgia: Step 2
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Press Release

Ending Taxpayer Abuse in Georgia: Step 2

We're another step closer!  The important reform bill in the Georgia Assembly, HB 168, abolishing the Universal Access Fund has passed the House of Representatives and is headed for the Senate. The intent behind the creation of Georgia's Universal Access Fund was positive – keeping rural areas connected to digital services.

03/23/2009
Montana's Sound Money Bill
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Blog

Montana's Sound Money Bill

Montana's representatives have passed a sound money bill through the state's House.  The bill would allow gold currency to compete with Federal Reserve Notes in the state.  The bill reads, "the state may not require but shall allow a person to recognize, receive, pay out, deliver, promise to pay, or otherwise use or employ gold and silver coin or electronic gold currency as media of exchange."

03/23/2009
Ridgefield, CT Tea Party a Huge Success!
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Blog

Ridgefield, CT Tea Party a Huge Success!

About 300 people showed up on a cold New England day in Ridgefield, CT this past weekend.  With tea party attendees surging across the country, this one got some serious media coverage.  It's pretty clear that the people won't be ignored.

03/23/2009
Jared Polis, in context, warns businesses against getting too close to government
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Blog

Jared Polis, in context, warns businesses against getting too close to government

[Update: At about 6:50 of THIS VIDEO CLIP, economist Arthur Laffer praises Jared Polis’ remarks made in the House of Representatives.]

03/21/2009
Help Bring Telecom Competition to Alabama
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Press Release

Help Bring Telecom Competition to Alabama

Legislation has been introduced in Alabama that will allow consumers the benefits of telecommunications reform and increased competition in this vital sector of the economy.  HB 478 and SB 373 take a step in the right direction of getting government out of the way and will help promote investment and encourage innovation in the telecommunications market.TAKE ACTIONTechnology has come a long way since Alabama’s telecommunications laws were last updated.  The current regulatory regime is badly outdated and reduces competition, investment, and innovation in telecommunications services.  As a result, laws written for another time are putting the breaks on exciting new technologies and ultimately consumers are left with fewer choices and less innovative products. Contact your legislators and the governor TODAY and urge them to support HB 478 and SB 373!Remind them that these bills take a de-regulatory approach and will streamline and modernize existing law to encourage economic growth and healthy competition.  They will strip out unnecessary and over-burdensome regulation that will better enable the free market to work in the telecommunications industry.  Especially in such turbulent economic times, Alabama consumers and the economy as a whole should reap the benefits of increased competition in the form of more choices, better service, and competitive prices!

03/20/2009
Obama Adminstration "incorrect" about likely budget deficits
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Blog

Obama Adminstration "incorrect" about likely budget deficits

I used the word “incorrect” in the title because I’m feeling momentarily generous. A more precise word would probably have been “lied". Today’s news about deficits is, not surprisingly, much worse than the already-bad picture painted for us by the Obama administration and their ridiculously rosy economic forecasts. An AP article entitled “$1 trillion deficits seen for next 10 years” explains that:

03/20/2009
Sanford Refuses Stimulus Cash
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Blog

Sanford Refuses Stimulus Cash

South Carolina Governor Mark Sanford today announced he would refuse federal stimulus cash since his request to use some of the money to pay down state debt was rejected by the White House.  This is worth noting, not only from the standpoint of the Obama Administration ramming policy down the throat of a state, but also because many in the media have been unfairly jumping on Gov. Sanford of late and calling him a hippocrite for saying he wouldn't take stimulus money and then flipping.  Needless to say, this is simply untrue.

03/20/2009
The AIG tax bill's possible benefits
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Blog

The AIG tax bill's possible benefits

In a fit of economic idiocy driven by misdirected populist outrage, the House of Representatives passed H.R. 1586 on Thursday afternoon, subjecting to a 90% tax rate any bonus paid to a person who works at any institution which has received at least $5 billion in TARP money whose: (1) family income is over $250,000 (2) individual income is over $125,000 if he/she is married but files a separate tax return

03/20/2009

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