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The Revolt of the Renters
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Newspaper Article

The Revolt of the Renters

BY Diana Furchtgott-Roth

New York comes in third, after California and Florida, in its share of America’s outstanding subprime mortgage debt. But not all New Yorkers welcome Congress’s attempts to bail out homeowners. After all, why should renters bail out homeowners when they don’t even own a home? On Monday, a New York resident, Martin S., wrote on the Web site angryrenter.com, “Do not bail out greedy homeowners and builders with my money!! Let them suffer the consequences of their greed.”

05/07/2008
Join property tax rally in Harrisburg on June 2
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Newspaper Article

Join property tax rally in Harrisburg on June 2

"The time is now to vigorously show the Harrisburg politicians how we feel about school property tax elimination," says David Baldinger, administrator of the Pennsylvania Taxpayers Cyber Coalition. A rally is planned for Monday, June 2, in the Capitol Rotunda in Harrisburg to support House Bill 1275, the School Property Tax Elimination Act, the legislation that is endorsed by the PTCC and the 26-member groups of the Pennsylvania Coalition of Taxpayer Associations.

05/07/2008
Key Vote "No" H.R. 5830: The FHA Housing Stabilization and Homeownership Retention Act of 2008
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Press Release

Key Vote "No" H.R. 5830: The FHA Housing Stabilization and Homeownership Retention Act of 2008

  On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “NO” on the H.R. 5830: the FHA Housing Stabilization and Homeownership Retention Act of 2008.  The bill proposes expand the government’s role in the housing sector, creating a potential new taxpayer liability of $300 billion.

05/06/2008
Key Vote "No" H.R. 5818: Neighborhood Stabilization Act of 2008
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Press Release

Key Vote "No" H.R. 5818: Neighborhood Stabilization Act of 2008

  On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE “NO” on H.R. 5818: the Neighborhood Stabilization Act of 2008. The bill, which provides $15 billion in loans and grants to states and cities to buy foreclosed properties is a prime example of out-of-control government spending that would do little to address the underlying problems in the housing sector.

05/06/2008
Better Leadership to Control Spending
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Blog Hit

Better Leadership to Control Spending

Jeff Crank, Republican candidate for Congress in Colorado’s 5th Congressional District, today questioned his opponent, Doug Lamborn, as to why he has been siding with the D.C. establishments to protect pork-barrel, earmark spending. “We need members of Congress committed to cutting away from the pack and standing up for what we deserve,” said Crank.

05/06/2008
ON THE STUMP: Lamborn Endorsed by Family Research Council
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Newspaper Article

ON THE STUMP: Lamborn Endorsed by Family Research Council

BY Pam Zubeck

Rep. Doug Lamborn has been endorsed in his re-election bid by the Family Research Council Action, the legislative advocacy arm of the Family Research Council. The group's goal is to preserve and advance family, faith and freedom, and said in a release that "Lamborn is a proven friend of the family," demonstrated by his pro-life position. The Family Research Council formerly was associated with Focus on the Family, a Christian ministry based in Colorado Springs. NOW SHOWING Typical videos on YouTube.com show dogs on skates and foaming-at-the-mouth tirades.

05/06/2008
Yes, We Really Are Just Printing Money
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Blog

Yes, We Really Are Just Printing Money

BY

I can't believe the Treasury Department just sent out this advisory.

05/05/2008
Is Countrywide the next Fed bailout?
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Blog

Is Countrywide the next Fed bailout?

BY

Mortgage lending giant Countrywide Financial is in serious trouble-- its credit rating was cut to junk on Friday and there are new signs that Bank of America may walk away from its acquisition deal. (ht Calculated Risk) The problem for taxpayers is that Countrywide has direct access to the Federal Reserve's balance sheet through the Fed's lending windows. If Bank of America walks away from this deal and Countrywide folds, look for a multi-billion dollar hit on the U.S. Treasury. Alternatively, and perhaps more troubling, would be another JP Morgan Chase-Bear Stearns style intervention where the Fed guarantees some of Countrywide's garbage assets in order to make the Bank of America deal happen.That scenario would avoid the immediate Treasury cost but would expand the Fed's new role as private dealmaker. The moral hazard introduced by the Bear Stearns bailout is clearly present here...

05/04/2008
The Games Continue in Harrisburg, and Something Must Be Done
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Press Release

The Games Continue in Harrisburg, and Something Must Be Done

Last weekend FreedomWorks staff attended the Pennsylvania Leadership Conference in Harrisburg. We had a great time and we were able to meet a lot of energetic conservatives who were looking to find a way to make a difference in the commonwealth. Luckily, they found us and we found them. We are stronger as a result of our new members and the enthusiasm that they bring to bear for FreedomWorks Pennsylvania. That’s the good news. The bad news is that the politicians are continuing their silly games in Harrisburg.

05/02/2008
More Energy, Not More Restrictions
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Blog

More Energy, Not More Restrictions

Senate Republicans introduced a proposal to go forward with a number of energy reforms that should've been instituted long ago, but, with energy prices on the rise, are especially pressing now. Here are a couple of things the bill would do, as listed in the Reuters report:

05/01/2008

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