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Testimony of Erick Gustafson Director of Technology and Communications Policy Citizens for a Sound Economy Foundation Before the
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Press Release

Testimony of Erick Gustafson Director of Technology and Communications Policy Citizens for a Sound Economy Foundation Before the

Mr. Chairman, and members of the Committee, thank you for the opportunity to share my views on the work of the Advisory Commission on Electronic Commerce (ACEC), Internet and communications taxes, and the effect they have on the digital divide. My name is Erick Gustafson, and I present these views on behalf of the members of Citizens for a Sound Economy Foundation (CSE Foundation), a consumer education organization that promotes free market solutions to public policy problems. At CSE Foundation, I am the director for technology and communications policy.1

05/16/2000
Save Our Schools From the Trial Lawyers
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Press Release

Save Our Schools From the Trial Lawyers

Save Our Schools From the Trial Lawyers Stop the Trial Lawyers from Taking Over Our Schools! According to the Education Law Association, smaller school districts are paying $5,000- $15,000 a year for basic legal services. This number may increase exponentially if a school is actually sued. Larger districts pay even more- $250,000 to $1 million for basic legal service and up to $100,000 for a single case.

05/15/2000
Issue Analysis 103 - This Is Not Insurance Reform: An Update On National Efforts To Codify Third-Party ‘Bad Faith’ Liability
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Press Release

Issue Analysis 103 - This Is Not Insurance Reform: An Update On National Efforts To Codify Third-Party ‘Bad Faith’ Liability

An overwhelming majority of Californians in that state’s March 7th balloting rejected Proposition 30, a proposal that would have restored third-party "bad faith" liability claims against insurance companies as a cause of action in civil lawsuits. This proposal, and others like it around the country, would allow accident victims to sue the insurance companies of the persons allegedly responsible for their injuries, not just the parties at fault. The crux of such a suit against an insurance company has no relation to the underlying injury claim. Rather, "bad faith" claims are based upon the actions of the insurance company, whether real or perceived, after the accident during the settlement process.

05/15/2000
Al Gore Can't Tell the Truth About Toxics
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Press Release

Al Gore Can't Tell the Truth About Toxics

On May 11, the Environmental Protection Agency (EPA) released its newest Toxic Release Inventory (TRI), which covers the 1998 reporting year. Vice President Al Gore was quick to use the report to launch an attack on Texas, posting on his web site that the TRI showed Texas as being “the nation’s air-pollution leader.” “The TRI report shows no such thing,” said Patrick Burns, Director of Environmental Policy at Citizens for a Sound Economy. “In fact, according to the TRI, Texas’ air emissions are almost 25 percent below the number one state, Ohio.

05/12/2000
Stock Market Roulette or Snobbery?
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Press Release

Stock Market Roulette or Snobbery?

Copley News Service, 5/12/2000 One of the great debates of our time is whether it is possible for America to become a shareholder democracy in which all workers can own assets and build wealth for their retirement years, or whether they will have to settle for the meager rate of return they presently can expect from Social Security. Will workers be permitted to invest at least a portion of their payroll tax contributions into personal retirement accounts, or will they be forced to pay higher taxes to keep Social Security afloat?

05/12/2000
Five Steps to Taking Back Control Over Our Retirement
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Five Steps to Taking Back Control Over Our Retirement

1. Guarantee current retirees that they will continue to receive every dollar of Social Security benefits that they’ve been promised. 2. Allow working Americans to divert a portion of the 12.4 percent payroll taxes they now pay into the Social Security system into Personal Retirement Accounts that they – not politicians – control.

05/12/2000
Where Unions and Government Workers Invest Their Pension Funds
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Press Release

Where Unions and Government Workers Invest Their Pension Funds

Virtually all of the major unions in the U.S. have joined Vice President Al Gore in a well-orchestrated campaign against any proposal that would to allow workers to invest a portion of their Social Security taxes in personal retirement accounts that they control. Like Gore, the union bosses say that personal retirement accounts will undermine Social Security and put workers’ retirement “at risk” to the uncertainties of the stock market.

05/12/2000
Talking Points on Personal Retirement Accounts
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Press Release

Talking Points on Personal Retirement Accounts

On Monday, May 15, 2000, Governor George W. Bush is expected to outline his plan to reform Social Security. It’s expected that one of his key proposals will be to allow younger workers to divert a portion of their Social Security FICA taxes into a Personal Retirement Account, similar to a 401(k) plan, in which each worker can build real assets for their retirement.

05/12/2000
What Al Gore Says About Social Security Reform…And the Truth
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Press Release

What Al Gore Says About Social Security Reform…And the Truth

The Hotline, May 5, 2000 Gore: “There’s nothing compassionate about privatizing Social Security if you lose your retirement in a risky market.” Question to Gore: Then why does virtually every union pension fund in America invest the bulk of their assets in the “risky” stock market? According to the Federal Reserve, state and local government employee pension funds have nearly $3 trillion in assets, 66 percent of which is invested in corporate equities (i.e.: stocks).

05/12/2000
Tax Fact #39: Brother, Can You Spare $21.6 Trillion? Social Security’s Long-Term Finances Deteriorate
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Press Release

Tax Fact #39: Brother, Can You Spare $21.6 Trillion? Social Security’s Long-Term Finances Deteriorate

Last week, the Social Security trustees released their annual report on the long-term health of the Social Security and Medicare systems. On the surface, it appears that the financial position of the Social Security system improved slightly compared to last year’s report. The Trustees say that the system will begin to run cash shortfalls in 2015, compared to last year’s estimate of 2014, and that the "trust fund" will run out of IOUs in 2037, as opposed to 2034 in last year’s report.

05/11/2000

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