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Greenspan Is Architect of a Recession
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Press Release

Greenspan Is Architect of a Recession

Thanks to deflationary monetary policy, the economy here and around the world is slipping into a deep freeze, and there is no prospect of a thaw any time soon. As George Gilder observed in The Wall Street Journal, the prices of gold and industrial staples such as steel are down more than 40 percent in four years. He wrote, "A high-tech depression is under way, driven by a long siege of deflationary monetary policy . . . which has shriveled hundreds of debt-laden telecom companies and brought Internet expansion to a halt."

08/14/2001
Gary Strannigan's Letter to the Washington Utilities and Transportation Commission
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Press Release

Gary Strannigan's Letter to the Washington Utilities and Transportation Commission

August 10, 2001 Dear Sir: On behalf of 14,000 members of Washington Citizens for a Sound Economy (WACSE), I write to encourage you to support Qwest's application to offer long-distance services to consumers in the state of Washington. Qwest has implemented the market-opening requirements of section 271 of the Telecommunications Act successfully and the market for local telecommunications service is irrecoverably open to competition in Washington State.

08/10/2001
A Corporate Folly
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Press Release

A Corporate Folly

Copley News Service, 08/09/2001 Philanthropy is a demonstration of good will toward one's fellow man, but the ability to give depends on the wealth, success and opportunity of a free society. The corporations, foundations and individuals who endow our universities, support our museums and foster a healthy 'ideas industry' all depend on profits, dividends and wages generated by capitalism.

08/09/2001
Alabama CSE Grows Through ‘Pork Projects’
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Press Release

Alabama CSE Grows Through ‘Pork Projects’

Montgomery, AL - Alabama Citizens for a Sound Economy (CSE) is engaging in pork politics. Is Alabama CSE endorsing big government spending? Not at all. Nearly 300 people recently attended a barbecue in Madison County, the third in a series being organized around the state by Alabama CSE. Pork barbeque get-togethers are a time-honored part of Alabama’s social fabric. Alabama CSE has been speaking the common language of barbeque and free-market policies confirming the axiom "all politics is local."

07/31/2001
Don’t Go to the Well With a Leaky Bucket
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Press Release

Don’t Go to the Well With a Leaky Bucket

I am not certain, but it seems I heard a wise old fellow say that once. I’ve got to hand it to them. The transportation special interests have done a marvelous job convincing everyone that the buckets are just fine. Don’t worry about that water, er, money, all over the floor. It’s doesn’t really amount to much anyway, we’re assured.

07/25/2001
Don’t Go to the Well With a Leaky Bucket
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Press Release

Don’t Go to the Well With a Leaky Bucket

I am not certain, but it seems I heard a wise old fellow say that once. I’ve got to hand it to them. The transportation special interests have done a marvelous job convincing everyone that the buckets are just fine. Don’t worry about that water, er, money, all over the floor. It’s doesn’t really amount to much anyway, we’re assured.

07/25/2001
Lawmakers Question Use of 911 Money
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Lawmakers Question Use of 911 Money

BY Scott Mooneyham

Across North Carolina, local governments have accumulated substantial reserves, some exceeding $1 million, from a little-publicized 911 service charge included on local telephone bills. The charge, approved by lawmakers in 1989, was intended to help counties improve their 911 emergency calling technology. Many of those improvements involved technology that allowed 911 operators to identify a caller's location.

07/16/2001
An Interest Rate Target With No Bulls-Eye
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Press Release

An Interest Rate Target With No Bulls-Eye

Copley News Service, 07/03/2001 It's disconcerting to hear calls for Japan to lower interest rates when its rate on overnight money already is virtually zero (actually 0.35 percent). Japan suffers from deflation that has depressed its economy and is helping drag down the world economy. Pushing interest rates below zero, however, is not the answer to Japan's problem. Do we expect Japanese banks to pay people to borrow money?

07/03/2001
Governor Perry Vetoed a Record 78 Bills
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Press Release

Governor Perry Vetoed a Record 78 Bills

From 1995 through 1998, while the cost of legal services in the United States rose more than 14 percent (source: U.S. Dept of Labor), insurer legal defense costs, per case, actually decreased 1 percent. While verdicts generally have risen between 8 percent and 10 percent each year, insurance companies have contained the inflation on the amount they paid to plaintiffs on their litigated cases to a total of less than 4 percent over four years!

06/17/2001
Our Economy Needs a Golden Anchor
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Press Release

Our Economy Needs a Golden Anchor

As printed in THE WALL STREET JOURNAL June 28, 2001

06/08/2001

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