Excerpt from The Green Book. In my opinion, this is not the "normal operation of the business cycle," nor the aftermath of a "burst bubble." Asset values have collapsed across the board, especially in the high-tech sector, not because they were unreasonably high, though some were, but rather because deflationary monetary policy slammed the economy into lower gear, made promising business plans unachievable and otherwise prudent debt levels unmanageable.

As printed in The Wall Street Journal, November 19, 2001

Copley News Service, 11/14/2001 The Federal Reserve Board has been keeping monetary policy too tight and driving the economy into a deflationary recession. In late 2000, the Fed asphyxiated the economy, which was growing at more than 4 percent, by shrinking the monetary base by 3 percent and sucking the oxygen out of the marketplace.

Dear AG Cooper, As you are well aware, North Carolina Citizens for a Sound Economy (NC CSE) was unflinching in its opposition to North Carolina’s involvement in the antitrust suit against Microsoft. While Microsoft’s actions proved harmful to competitors, they provided great benefit to consumers by lowering the cost and increasing the availability of software products. Microsoft’s innovations increased familiarity with the Internet and formed a base on which to build today’s high tech economy. This impressive record of accomplishment should earn praise, not prosecution.

Dear Legislator, As families gather together across Oregon to celebrate the holidays, Oregon Citizens For A Sound Economy's (CSE's) 12,000 members wish to share our thanks with you and wish you a joyful holiday season. Additionally, we wish to share a message of hope and encouragement, and offer recommendations as you grapple with the difficulties of balancing the state's 2002 budget.

Copley News Service, 10/31/2001 In a recent letter to The Wall Street Journal, President George W. Bush's chief economic adviser, Larry Lindsey, said, "The economy needs speedy enactment of the president's (stimulus) plan to encourage both investment and consumption." I respectfully disagree. The economy requires no "stimulus" from government; what it needs is for government to cease and desist harmful policies that turned a vibrant and thriving economy into a basket case.

Sources: Heritage Foundation, Citizens Against Government Waste $800,000 New Mexico Police Athletic League $1,500,000 Conservation and management of the Bering Sea crab $350,000 Turtle Mountain Community College’s Department of Justice for “Project Peacemaker” $5,000,000 Gasification of Iowa Switch Grass $2,000,000 Idaho Accelerator Center $500,000 Recovery of Preble’s Meadow Jumping Mouse $50,000 Indian Arts and Crafts Board $2,000,000 Vulcan monument

What is JIC? The JIC is the Judicial Inquiry Committee, which functions as a judicial disciplinary system for the State. It was created in December 1973 as part of Amendment 328 to the Constitution of Alabama, and the Alabama Supreme Court consented, through a vote, to its original rules. However, at that time Alabama was a one-party state and JIC disciplinary action was used to police serious judicial misconduct, not to pursue political vendettas.

North Carolina Citizens for a Sound Economy (NC CSE) has developed an economic growth agenda that meets our nation’s challenges head-on. Our 25,000 North Carolina citizen-activists are committed to working with our 280,000 CSE members across the United States to help Congress and the Administration enact a stimulus package that will:

CSE Chairman, Boyden Gray, spoke before business leaders and activists on October 23, in Winston-Salem, for the First Annual Triad CSE Dinner. Over 80 business leaders and NC CSE activists attended the reception sponsored by Representatives Theresa Esposito and Lyons Gray. The evening was highlighted by a special phone call to the audience from Congressman Richard Burr. Congressman Burr thanked NC CSE and its activists for their hard work and dedication on issues that effect the core of America and its citizens in North Carolina.