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More Moral Hazard?
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Blog

More Moral Hazard?

President Obama said he would announce his plans to attack home foreclosure today just before signing the stimulus bill yesterday.  No matter what the plan is, it will undoubtedly shift incentives for homeowners or lenders.  Moral hazard is a term used in economics, business, and political science to describe a situation where one party is insulated from risk and that insulation changes their behavior so they behave as if they were not at risk.  Moral hazard comes up when an actor is not fully responsible for their actions—which could result in irresponsible behavior.

02/18/2009
Update: Sign the Petition to Stop Nanny-State Taxes in New York
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Press Release

Update: Sign the Petition to Stop Nanny-State Taxes in New York

As a FreedomWorks member, you know that we’ve been closely watching the tax-hike situation in New York.  Like other states across the country, New York is facing record deficits, however instead of making the sometimes politically unpopular decision to cut wasteful spending and roll back regulations, New York’s Governor Paterson wants to tax his way out of the hole.Take Action and sign the petition.Governor Paterson has proposed a tax hike of 18% on beverages such as soft and juice drinks along with 136 other new fees and tax hikes to bridge a $15.4 billion budget deficit.  At a time when New York’s families have been hit hard by the current economic downturn and are cutting back on their expenses, Paterson has actually proposed a budget with $1.4 billion in new spending!  And where does that new money come from?  Cash-strapped taxpayers.  Governor Paterson cares more about his pork projects and New York’s bloated budget than families.  And he intends to go after every dime he can via nanny-state taxes that limit your choices.  New York has apparently done such a good job spending your money, the state should also tell you what you can eat and drink.This is preposterous and New Yorkers should be outraged.  Your elected officials think they know better than you how to live your life.  Worse still, when Paterson doesn’t get the money he needs for his bigger, badder budget he’s going to go back to the taxpayers for even more, driving business and families from the state.There is some good news.  Just last week, conflicting statements began to emerge from the Governor’s office regarding the soda-tax plan.  Governor Paterson and his press secretary don’t seem to be on the same page when it comes to this tax hike.  That means that grassroots pressure is starting to chip away at the Governor’s plan.  As the March budget deadline draws closer, this is an important time to tell the Governor you oppose his tax and spend plan.   FreedomWorks has joined with New Yorkers Against Unfair Taxes in an effort to stop this tax hike scheme.  We urge you to sign their petition and add your voice opposing the Governor’s proposed tax increase.  And, once you’ve done that, be sure to send it on to five more friends.  Educating our neighbors is the best chance we have to stand up to big government.  Thank you for your ongoing support of FreedomWorks.

02/17/2009
FreedomWorks Applauds the “Secret Ballot Protection Act”
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Press Release

FreedomWorks Applauds the “Secret Ballot Protection Act”

Washington, DC – While political insiders and unions bosses are looking to force workers into unions and take away workers rights to a secret ballot, the Republicans Study Committee led by

02/17/2009
What's Made in the USA?
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Blog

What's Made in the USA?

What’s made in the USA today?  An article on the CNBC website today lists the top manufactured goods in the United States including air craft, missiles, space equipment, tractors, cars, gas turbines, and computer chips.

02/17/2009
Reading bills is for suckers.
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Blog

Reading bills is for suckers.

The suckers in that statement clearly refers to the conservative Hill staffers and Congressmen who stayed up all night trying to stop this thing.  Oh, and the American taxpayers who have been going to ReadtheStimulus.org and will be paying for whole boondoggle.  Because judging by today's turn of events, to take time to do the responsible thing is wholly unnecessary and completely passe.

02/13/2009
Video: "This is Now About Accountability"
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Blog

Video: "This is Now About Accountability"

As we promised yesterday, here is the video from the press conference FreedomWorks President Matt Kibbe participated in along with other free-market organizations at the National Press Club.

02/13/2009
Do you need a couple billion for a pet project?
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Blog

Do you need a couple billion for a pet project?

I know I do.  That's why I'm so glad the good people over at Reason have given us the Personal Stimulus Generator - you could qualify for up to $350 billion!For years I've been trying to spread the word about the menace tough urban squirrels pose to society - and now, thanks to the largess of taxpayers everywhere those greedy, twitchy rodents can be stopped.Thanks Congress!

02/13/2009
Key Vote "No" H.R. 1: American Recovery and Reinvestment Act of 2009
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Press Release

Key Vote "No" H.R. 1: American Recovery and Reinvestment Act of 2009

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to vote NO on H.R. 1: American Recovery and Reinvestment Act of 2009.  The compromises behind closed doors this week have made the bill no less acceptable to anyone who values fiscal responsibility and loves freedom. It is highly irresponsible of Congress to rush through a spending bill of this tremendous magnitude without taking the time to fully consider all its parts and give the public time for input.  In fact, the bill, which weighs in at over 1,000 pages, was only made available to Congress at 11 p.m. last night.  This is hardly the new era of transparency and openness promised by the new administration and provides plenty of cover for legislators to slip in their favorite pork projects.

02/13/2009
Congressman Tom Price on Stimulus
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Blog

Congressman Tom Price on Stimulus

Here's a video of Tom Price, Congressman from the sixth district of Georgia, speaking this morning on the stimulus bill.   

02/13/2009
Just how bad is the economy? A FreedomWorks activist sounds off.
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Blog

Just how bad is the economy? A FreedomWorks activist sounds off.

I received an excellent email this morning from a FreedomWorks activist in response to a call to action that was sent yesterday regarding the massive stimulus package currently working its way through Congress. While we don't normally post emails from activists, over the last few weeks I've received literally hundreds of great responses, all with messages and ideas that I think others would find interesting.

02/12/2009

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