Thursday, January 14, 2010
Wednesday, October 14, 2009
Tuesday, June 16, 2009
A Record, Even for a Politician
When it comes to health care reform, President Obama has begun breaking his promises -- even before he makes them!
APL Joins Coalition Opposing Waxman-Markey
Americans for the Preservation of Liberty has joined (PDF) a 186-member coalition to fight the Henry Waxman (D-CA) - Ed Markey (D-MA) global warming bill, HR 2454, the so-called "American Clean Energy and Security Act."
The bill would raise domestic energy prices noticably, reduce American competitiveness, and if it had any effect whatsoever on global temperatures, which it probably wouldn't, it would be a tiny one indeed.
The bill would raise domestic energy prices noticably, reduce American competitiveness, and if it had any effect whatsoever on global temperatures, which it probably wouldn't, it would be a tiny one indeed.
CWRA Coming Up for a Vote
R.J. Smith of the National Center for Public Policy Research says the Clean Water Restoration Act is coming up fior a vote in the Senate Environment and Public Works Committee on July 18.
This is very bad legislation for anyone who wants to protect property rights. If this bill passes, the federal government will have the authority to regulate every drop of water in the United States, including a temporary rainwater puddle in your back yard.
Some will say that's unconstitutional, and that's true. That said, getting something declared unconstitutional is not easy, nor is it cheap. It is easier to stop the bill from being adopted in the first place.
This is very bad legislation for anyone who wants to protect property rights. If this bill passes, the federal government will have the authority to regulate every drop of water in the United States, including a temporary rainwater puddle in your back yard.
Some will say that's unconstitutional, and that's true. That said, getting something declared unconstitutional is not easy, nor is it cheap. It is easier to stop the bill from being adopted in the first place.
Friday, May 22, 2009
Wednesday, May 20, 2009
Monday, May 18, 2009
Just Stop Talking
Joe Biden reveals the location of the secret bunker the U.S. uses to keep vice presidents safe.
Why won't this man shut up?
Why won't this man shut up?
Tuesday, May 5, 2009
A Novel View
Ed Driscoll says the problem with the GOP is that its members don't argue with each other enough.
The way he explains it, he may well be right.
The way he explains it, he may well be right.
Tuesday, April 7, 2009
Obama Predicts His Own Re-Election
In a video promoting Chicago for the 2016 Olympics, Barack Obama says flatly that he will be "wrapping up my second term as president" in 2016.
Perhaps he will, but it might be a bit more seemly if he acknowledged that the voters will have some say in this.
Perhaps he will, but it might be a bit more seemly if he acknowledged that the voters will have some say in this.
Sunday, March 1, 2009
Fact Checking
It seems to me the White House should be fact-checking the President's speeches to Joint Sessions of Congress a little better than this.
Saturday, February 28, 2009
Making the Attorney General Proud
Perhaps this is the kind of thing Attorney General Eric Holder thinks we should all do more of.
Clearly, Mr. Wain Bennett is no coward when it comes to talking about race.
Clearly, Mr. Wain Bennett is no coward when it comes to talking about race.
Wednesday, February 4, 2009
APL Signs Coalition Letter to the U.S. Senate Against Stimulus Bill
February 4th, 2009
To the Members of the U.S. Senate:
We the undersigned public interest organizations, representing millions of members and supporters nationwide, hereby call upon you to reject the $819 billion spending bill that passed the House of Representatives last week.
This legislation will total some $1.2 trillion when interest is calculated over the next decade, and represents an unsustainable growth of government.
In addition, the Congressional Budget Office calculates that the budget deficit will already be $1.2 trillion for 2009. On January 3rd, the Washington Post reported that the deficit could total as much as $2 trillion. In part, it depends on how badly the recession hits the U.S., but also on how much productive capital the government takes out of the broader economy.
The irresponsible expansion of the budget to bail out state governments from their own budget deficits, expand Medicaid, boost education spending, food stamps and unemployment benefits, build federal buildings, provide more for public housing, construct climate change supercomputers, erect trade barriers overseas, create refundable tax credits, and make special interest payouts will not stimulate sustainable economic growth.
Instead, the astronomical growth of government spending, coupled with further monetary easing and protectionism, will discourage investment, savings, and capital creation, because in the longer term it means higher taxes, higher interest rates, and inflation. It will destroy jobs in the private sector, thus increasing individual dependency on government.
Importantly, it will steep American taxpayers ever deeper into a spiral of debt, now nearly $10.7 trillion. That includes $4.3 trillion owed in the form of unfunded obligations to Social Security, Medicare, and other commitments, and $6.4 trillion held privately, $3 trillion of which is held overseas. 40 percent of the debt held privately comes due this year. The only way for the government to pay it is to borrow yet more money.
As a result, the federal government is running the serious risk that it will default on its financial obligations, as the nation's creditors during the current economic downturn may be unable to continue sustaining the uncontrolled growth of spending, leaving the nation in financial ruin.
America needs a plan now to begin paying down the national debt, not an ill-conceived scheme that will make that task impossible for our children and our children's children. The nation needs to tighten its belt, and learn how to live on less credit, less borrowing, and less debt.
This is a change that must occur at the individual level, at the county level, the state level, and the national level. It is not a change that should begin by doubling down on a hasty, careless gamble.
In addition, permanent tax cuts that change incentives are much more effective than temporary targeted tax incentives and spending. What economists call the "permanent income hypothesis" shows that individuals and businesses only change their spending and investment habits significantly when they expect policy changes to be permanent. It takes more than one-year, for instance, to build a factory, and businesses may not do so if they think that tax incentives are only temporary.
Preventing tax increases on individual income, capital gains and dividends, changing the tax code to allow full-cost, first-year expensing for business equipment rather than the arbitrary IRS depreciation schedule, and lowering the U.S. corporate tax rate, among the highest in the world, would yield much more bang for the buck in ensuring a rapid economic recovery than the current package of massive spending with a sliver of targeted tax cuts.
Again, on behalf of our members nationwide, we the undersigned urge you to reject the $819 billion spending bill now being considered. Instead, we ask you to promulgate a real plan for change, to finally set the nation's fiscal house in order, to provide permanent tax relief to businesses and individuals, to free the American people from the boom-to-bust economic cycle, and to at last retire the national debt.
Sincerely,
Fred L. Smith, Jr.
President
Competitive Enterprise Institute
Gary Aldrich
Chairman
CNP Action, Inc.
William Wilson
President
Americans for Limited Government
Mark Williamson
Founder and President
Federal Intercessors
Thomas McClusky
VP for Government Affairs
Family Research Council
David N. Bossie
President
Citizens United
James L. Martin
President
60 Plus Association
Duane Parde
President
National Taxpayers Union
Mark Chmura
Executive Director
Americans for the Preservation of Liberty
Thomas Schatz
President
Council for Citizens Against Government Waste
Dr. William Greene
President
RightMarch.com
Ken Blackwell
Chairman
Coalition for a Conservative Majority
John Berlau
Director
Center for Investors and Entrepreneurs
Ron Shuping
Executive Vice President of Programming
The Inspiration Networks
Alex-St. James
Chairman
African American Republican Leadership Council
Cliff Kincaid
President
America's Survival, Inc.
Richard Falknor
Chairman
Maryland Center-Right Coalition
Amy Ridenour
President
National Center for Public Policy Research
To the Members of the U.S. Senate:
We the undersigned public interest organizations, representing millions of members and supporters nationwide, hereby call upon you to reject the $819 billion spending bill that passed the House of Representatives last week.
This legislation will total some $1.2 trillion when interest is calculated over the next decade, and represents an unsustainable growth of government.
In addition, the Congressional Budget Office calculates that the budget deficit will already be $1.2 trillion for 2009. On January 3rd, the Washington Post reported that the deficit could total as much as $2 trillion. In part, it depends on how badly the recession hits the U.S., but also on how much productive capital the government takes out of the broader economy.
The irresponsible expansion of the budget to bail out state governments from their own budget deficits, expand Medicaid, boost education spending, food stamps and unemployment benefits, build federal buildings, provide more for public housing, construct climate change supercomputers, erect trade barriers overseas, create refundable tax credits, and make special interest payouts will not stimulate sustainable economic growth.
Instead, the astronomical growth of government spending, coupled with further monetary easing and protectionism, will discourage investment, savings, and capital creation, because in the longer term it means higher taxes, higher interest rates, and inflation. It will destroy jobs in the private sector, thus increasing individual dependency on government.
Importantly, it will steep American taxpayers ever deeper into a spiral of debt, now nearly $10.7 trillion. That includes $4.3 trillion owed in the form of unfunded obligations to Social Security, Medicare, and other commitments, and $6.4 trillion held privately, $3 trillion of which is held overseas. 40 percent of the debt held privately comes due this year. The only way for the government to pay it is to borrow yet more money.
As a result, the federal government is running the serious risk that it will default on its financial obligations, as the nation's creditors during the current economic downturn may be unable to continue sustaining the uncontrolled growth of spending, leaving the nation in financial ruin.
America needs a plan now to begin paying down the national debt, not an ill-conceived scheme that will make that task impossible for our children and our children's children. The nation needs to tighten its belt, and learn how to live on less credit, less borrowing, and less debt.
This is a change that must occur at the individual level, at the county level, the state level, and the national level. It is not a change that should begin by doubling down on a hasty, careless gamble.
In addition, permanent tax cuts that change incentives are much more effective than temporary targeted tax incentives and spending. What economists call the "permanent income hypothesis" shows that individuals and businesses only change their spending and investment habits significantly when they expect policy changes to be permanent. It takes more than one-year, for instance, to build a factory, and businesses may not do so if they think that tax incentives are only temporary.
Preventing tax increases on individual income, capital gains and dividends, changing the tax code to allow full-cost, first-year expensing for business equipment rather than the arbitrary IRS depreciation schedule, and lowering the U.S. corporate tax rate, among the highest in the world, would yield much more bang for the buck in ensuring a rapid economic recovery than the current package of massive spending with a sliver of targeted tax cuts.
Again, on behalf of our members nationwide, we the undersigned urge you to reject the $819 billion spending bill now being considered. Instead, we ask you to promulgate a real plan for change, to finally set the nation's fiscal house in order, to provide permanent tax relief to businesses and individuals, to free the American people from the boom-to-bust economic cycle, and to at last retire the national debt.
Sincerely,
Fred L. Smith, Jr.
President
Competitive Enterprise Institute
Gary Aldrich
Chairman
CNP Action, Inc.
William Wilson
President
Americans for Limited Government
Mark Williamson
Founder and President
Federal Intercessors
Thomas McClusky
VP for Government Affairs
Family Research Council
David N. Bossie
President
Citizens United
James L. Martin
President
60 Plus Association
Duane Parde
President
National Taxpayers Union
Mark Chmura
Executive Director
Americans for the Preservation of Liberty
Thomas Schatz
President
Council for Citizens Against Government Waste
Dr. William Greene
President
RightMarch.com
Ken Blackwell
Chairman
Coalition for a Conservative Majority
John Berlau
Director
Center for Investors and Entrepreneurs
Ron Shuping
Executive Vice President of Programming
The Inspiration Networks
Alex-St. James
Chairman
African American Republican Leadership Council
Cliff Kincaid
President
America's Survival, Inc.
Richard Falknor
Chairman
Maryland Center-Right Coalition
Amy Ridenour
President
National Center for Public Policy Research
Friday, January 23, 2009
No Madame Speaker
No, Madame Speaker, that was your head.
San Francisco Chronicle:
San Francisco Chronicle:
Pelosi said one of her favorite moments from Inauguration Day was when Marine One lifted off the Capitol grounds, signifying former President George W. Bush's exit from Washington. 'It felt like a 10-pound anvil was lifted off my head,' she said.After the way the mostly liberal crowd treated the outgoing president at the inauguration, you'd think the Democratic party leadership would be going out of its way to show a little more class, if only in public, and only to make themselves look a little better than they now appear.
Thursday, January 15, 2009
Monday, December 15, 2008
Thursday, November 20, 2008
State and Local Government Bailouts Unfair to Taxpayers
Americans for the Preservation of Liberty has joined 58 other organizations in calling upon the U.S. Congress to refuse to use federal taxpayer funds to bail out states and local governments that are spending more than they take in.
Why should taxpayers in states and localities that balance their budgets be forced to bail out state and local governments than overspent?
A better solution is spending cuts.
Why should taxpayers in states and localities that balance their budgets be forced to bail out state and local governments than overspent?
A better solution is spending cuts.
The New Congress: Raising Your Prices and Hurting the Economy
David Ridenour, writing for the National Center for Public Policy Research, has an op-ed in today's Washington Times on the damage that would be done if the new ever-more-liberal Congress puts a curb on greenhouse gas emissions.
After the vote today among Democrats in Congress to replace somewhat moderately liberal Rep. John Dingell (D-CA) as chairman of the House Commerce Committee with off-the-wall left-wing partisan Rep. Henry Waxman (D-CA), you can bet energy curbs are on the fast track, especially in the House.
An excerpt from Ridenour's op-ed:
After the vote today among Democrats in Congress to replace somewhat moderately liberal Rep. John Dingell (D-CA) as chairman of the House Commerce Committee with off-the-wall left-wing partisan Rep. Henry Waxman (D-CA), you can bet energy curbs are on the fast track, especially in the House.
An excerpt from Ridenour's op-ed:
When our economic bus is teetering at the edge of a cliff, it's a bad time to throw on some extra weight...
...A study by the National Association of Manufacturers projected that emissions caps similar to those rejected earlier this year by the U.S. Senate calling for a 63-percent cut in emissions by 2050, would reduce U.S. gross domestic product by up to $269 billion and cost 850,000 jobs by 2014.
The Heritage Foundation estimated such restrictions would result in cumulative GDP losses of up to $4.8 trillion and employment losses of more than 500,000 a year by 2030.
...Duke University's Nicholas Institute estimates a GDP loss of $245 billion by 2030 while the U.S. Environmental Protection Agency estimates a GDP drop of $238 billion to $983 billion.
...According to a study conducted by researchers at the Massachusetts Institute of Technology, the restrictions could raise gasoline prices 29 percent, electricity prices 55 percent and natural-gas prices 15 percent by 2015.
...And it appears that all this economic pain would be an utterly meaningless gesture. Patrick Michaels, former president of the American Association of State Climatologists, who is now with the Cato Institute, says reducing U.S. emissions 63 percent would prevent a mere 0.013 degrees Celsius in warming....
The entire article is here.
Saturday, August 30, 2008
MoveOn.org's Curious E-Mail on Governor Sarah Palin
We received the following email from MoveOn this evening, addressed "Dear MoveOn member," although we have never joined nor contributed to that organization.
MoveOn appears a bit overwrought at John McCain's selection of Alaska Governor Sarah Palin to be his running mate.
A few things struck us about the email, which is reprinted in full below:
MoveOn appears a bit overwrought at John McCain's selection of Alaska Governor Sarah Palin to be his running mate.
A few things struck us about the email, which is reprinted in full below:
1) The word "religious" in a sequence of words MoveOn personnal regard as pejorative. In context, it appears MoveOn considers religious faith to be a negative.Judge for yourself. Here's the complete MoveOn email:
2) MoveOn's use of Wikipedia as a source (see footnote #1). Risky. Wikipedia can say anything, and often does.
3) MoveOn's use of a Huffington Post blog post by the notoriously unreliable Canadian PR flack Kevin Grandia as a source on Palin's views on climate change (see footnote #5). Grandia is paid to write for the Canadian left-wing environmental website DeSmogBlog, run by a PR agency and popular with many global warming skeptics for its unintentionally hilarious incompetent posts on science issues. If MoveOn truly needs the help of foreign experts to evaluate U.S. candidates, it would do better to consult competent ones.
4) MoveOn refers to Palin suing the Bush Administration "for listing polar bears as an endangered species," but the Bush Administration didn't list the polar bear as an endangered species, it listed it as a threatened species. There is a big difference. MoveOn listed a political statement by the Sierra Club as its source for this, but the Sierra Club statement had it right.
5) MoveOn members being quoted but being identified without their last names. Are these people made up, or are they real people who lack the courage to have their full names in an e-mail? Surely the political situation in Alaska is not such that ALL the MoveOn members there faced some sort of retaliation for criticizing the governor. (Though we note that "member" Sherry C. said Palin "is doing well running our State.")
6) The consistent theme about Palin having no foreign policy experience, as if this was not also true for Bill Clinton in 1992, Jimmy Carter in 1976, Abraham Lincoln in 1860 and Barack Obama today, among many other presidents and presidential aspirants. Ditto for national experience. Governors often are elected to the presidency.
7) [Added to post later] MoveOn accepted the left-wing The Nation magazine's word that Palin endorsed Pat Buchanan for president in 2000, but ABC News is reporting, based on a 1999 Associated Press report, that Palin supported Steve Forbes and served on his local campaign leadership committee that year.
Dear MoveOn member,
Yesterday was John McCain's 72nd birthday. If elected, he'd be the oldest president ever inaugurated. And after months of slamming Barack Obama for "inexperience," here's who John McCain has chosen to be one heartbeat away from the presidency: a right-wing religious conservative with no foreign policy experience, who until recently was mayor of a town of 9,000 people.
Huh?
Who is Sarah Palin? Here's some basic background:
She was elected Alaska's governor a little over a year and a half ago. Her previous office was mayor of Wasilla, a small town outside Anchorage. She has no foreign policy experience.1
Palin is strongly anti-choice, opposing abortion even in the case of rape or incest.2
She supported right-wing extremist Pat Buchanan for president in 2000.3
Palin thinks creationism should be taught in public schools.4
She's doesn't think humans are the cause of climate change.5
She's solidly in line with John McCain's "Big Oil first" energy policy. She's pushed hard for more oil drilling and says renewables won't be ready for years. She also sued the Bush administration for listing polar bears as an endangered species—she was worried it would interfere with more oil drilling in Alaska.6
How closely did John McCain vet this choice? He met Sarah Palin once at a meeting. They spoke a second time, last Sunday, when he called her about being vice-president. Then he offered her the position.7
This is information the American people need to see. Please take a moment to forward this email to your friends and family.
We also asked Alaska MoveOn members what the rest of us should know about their governor. The response was striking. Here's a sample:
She is really just a mayor from a small town outside Anchorage who has been a governor for only 1.5 years, and has ZERO national and international experience. I shudder to think that she could be the person taking that 3AM call on the White House hotline, and the one who could potentially be charged with leading the US in the volatile international scene that exists today. —Rose M., Fairbanks, AK
She is VERY, VERY conservative, and far from perfect. She's a hunter and fisherwoman, but votes against the environment again and again. She ran on ethics reform, but is currently under investigation for several charges involving hiring and firing of state officials. She has NO experience beyond Alaska. —Christine B., Denali Park, AK
As an Alaskan and a feminist, I am beyond words at this announcement. Palin is not a feminist, and she is not the reformer she claims to be. —Karen L., Anchorage, AK
Alaskans, collectively, are just as stunned as the rest of the nation. She is doing well running our State, but is totally inexperienced on the national level, and very much unequipped to run the nation, if it came to that. She is as far right as one can get, which has already been communicated on the news. In our office of thirty employees (dems, republicans, and nonpartisans), not one person feels she is ready for the V.P. position.—Sherry C., Anchorage, AK
She's vehemently anti-choice and doesn't care about protecting our natural resources, even though she has worked as a fisherman. McCain chose her to pick up the Hillary voters, but Palin is no Hillary. —Marina L., Juneau, AK
I think she's far too inexperienced to be in this position. I'm all for a woman in the White House, but not one who hasn't done anything to deserve it. There are far many other women who have worked their way up and have much more experience that would have been better choices. This is a patronizing decision on John McCain's part- and insulting to females everywhere that he would assume he'll get our vote by putting "A Woman" in that position.—Jennifer M., Anchorage, AK
So Governor Palin is a staunch anti-choice religious conservative. She's a global warming denier who shares John McCain's commitment to Big Oil. And she's dramatically inexperienced.
In picking Sarah Palin, John McCain has made the religious right very happy. And he's made a very dangerous decision for our country.
In the next few days, many Americans will be wondering what McCain's vice-presidential choice means. Please pass this information along to your friends and family.
Thanks for all you do.
–Ilyse, Noah, Justin, Karin and the rest of the team
Sources:
1. "Sarah Palin," Wikipedia, Accessed August 29, 2008
http://en.wikipedia.org/wiki/Sarah_Palin
2. "McCain Selects Anti-Choice Sarah Palin as Running Mate," NARAL Pro-Choice America, August 29, 2008
http://www.moveon.org/r?r=17515&id=13661-5456418-QPWcmFx&t=1
3. "Sarah Palin, Buchananite," The Nation, August 29, 2008
http://www.moveon.org/r?r=17736&id=13661-5456418-QPWcmFx&t=2
4. "'Creation science' enters the race," Anchorage Daily News, October 27, 2006
http://www.moveon.org/r?r=17737&id=13661-5456418-QPWcmFx&t=3
5. "Palin buys climate denial PR spin—ignores science," Huffington Post, August 29, 2008
http://www.moveon.org/r?r=17517&id=13661-5456418-QPWcmFx&t=4
6. "McCain VP Pick Completes Shift to Bush Energy Policy," Sierra Club, August 29, 2008
http://www.moveon.org/r?r=17518&id=13661-5456418-QPWcmFx&t=5
"Choice of Palin Promises Failed Energy Policies of the Past," League of Conservation Voters, August 29, 2008
http://www.moveon.org/r?r=17519&id=13661-5456418-QPWcmFx&t=6
"Protecting polar bears gets in way of drilling for oil, says governor," The Times of London, May 23, 2008
http://www.moveon.org/r?r=17520&id=13661-5456418-QPWcmFx&t=7
7 "McCain met Palin once before yesterday," MSNBC, August 29, 2008
http://www.moveon.org/r?r=21119&id=13661-5456418-QPWcmFx&t=8
Monday, August 11, 2008
Saturday, August 9, 2008
Wednesday, August 6, 2008
Four Liberals Chosen to Moderate Presidential Debates By Outsiders Nobody Elected
The busybodies nobody elected, otherwise known as the nonpartisan Commission on Presidential Debates, has decided that four liberals from the mainstream press should moderate the presidential debates this fall.
No conservative or even moderate candidate should ever agree to debate under these terms.
The candidates should ask each other questions. Can't get any fairer than that.
No conservative or even moderate candidate should ever agree to debate under these terms.
The candidates should ask each other questions. Can't get any fairer than that.
Facts Are Stubborn Things
Senator Barack Obama keeps insisting he's right when he claims properly inflating tires could save "all the oil that they're talking about getting off drilling."
John Hinderaker says Obama's wrong about that.
The facts are so clear here, that we wonder why Obama keeps bringing this up.
John Hinderaker says Obama's wrong about that.
The facts are so clear here, that we wonder why Obama keeps bringing this up.
Thursday, July 31, 2008
Letter to Congress Urges Gas Drilling Ban Be Allowed to Expire
Americans for the Preservation of Liberty has joined a coalition letter delivered to Congress today saying:
A PDF of the actual letter, including the complete list of signers, can be accessed here.
____
Dear Senator/Representative:
On behalf of our millions of members and all American consumers suffering from high energy prices, we urge you to
allow the current restrictions on much-needed American energy resources to expire as scheduled under current law.
Unless Congress acts affirmatively to prevent it, October 1st, 2008 will be a day fittingly described as “American
Energy Freedom Day” as those restrictions expire.
According to estimates from the Department of the Interior, the Outer Continental Shelf contains 86 billion barrels of
oil and 420 trillion cubic feet of natural gas, and there is an additional 800 billion barrels of recoverable oil locked in
oil shale in Colorado, Utah, and Wyoming.
Now that President Bush has lifted the executive branch moratorium, the only thing prohibiting development of these
energy resources is a temporary ban that is set to expire at the end of this fiscal year. On October 1, 2008, domestic
energy resources will no longer be held off-limits by the federal government.
We urge you to oppose the creation of any new moratorium for fiscal 2009, even if it is attached to what some people
in Washington consider “must-pass” legislation. We further urge you to sustain a presidential veto of any measure to
impose a new moratorium.
A strong majority of the American public sees drilling expansion as necessary to reduce fuel prices now and in the
long run. Creating new restrictions on domestic energy development would fly in the face of public opinion and
exacerbate the pain every American citizen feels at the pump.
Sincerely,
[List of Signers]
A PDF of the actual letter, including the complete list of signers, can be accessed here.
____
Saturday, April 5, 2008
The REAL Inconvenient Truth: Zealotry over Global Warming Could Damage our Earth
Nigel Lawson, once a cobinet minister in Margaret Thatcher's government, has written a top-notch article about climate change and why the public should be wary of heeding the message of green activists about global warming.
The article is a must-read; one of the best we've seen in a long time.
The article is a must-read; one of the best we've seen in a long time.
Monday, January 28, 2008
Stimulous Plan: Wealth Redistribution Over Economic Expansion
Americans for the Preservation of Liberty signed on today to a coalition letter spearheaded by the National Taxpayers Union:
January 28, 2008_____
An Open Letter to the United States Congress: Don't Fall for "Stimulus" Fairy Tales!
Dear Member of Congress:
On behalf of the millions of members of our respective organizations, we write to urge caution regarding the so-called "economic stimulus" plan that may soon be before you. As more details emerge about this initiative, it is becoming clearer that it would favor wealth redistribution over true economic expansion.
The recently announced plan has some questionable elements, chief among them a $100 billion income tax rebate scheme that will distribute checks of up to $600 for individuals making less than $75,000 and $1,200 for couples making less than $150,000. Even those who had no income tax burden will be eligible for checks worth $300, provided they earned more than $3,000 in 2007. These tax rebates don't create any new wealth, they simply redistribute resources that the Treasury extracted from others.
In addition, the plan will increase the limits for loans purchased or insured by the Federal Housing Administration as well as Fannie Mae and Freddie Mac. It would increase those loan limits to $725,000 and $625,000, respectively. This expansion of federally sponsored mortgage debt is but a continuation of risky lending practices, backed implicitly by the American taxpayer.
The plan laudably includes roughly $50 billion in tax incentives for business. But while enhanced expensing and carryback provisions constitute worthy tax relief for businesses, the fact that the provisions only apply this year simply means that many businesses will shift their future investments up to 2008, potentially leading to a slowdown of investments in 2009. Consistent and stable business expansion requires long-term policies, not temporary changes.
Despite claims by its proponents, this plan will not lead to the kind of economic stimulus that has been advertised. Congress has no mechanism for "creating" additional wealth in America over the short term, as 1970s experiments in tax rebates and spending increases proved. This plan amounts to taking a bucket of water from the deep end of the pool and pouring it in the shallow end; the result yields neither new water nor a larger pool.
Furthermore, the focus on consumer spending is ultimately misguided. To quote economist Don Boudreaux, "Spending power is not so much the fuel for economic growth as it is its reward. [T]he key to economic growth is investment that raises worker productivity." If Congress seeks true stimulus that is economically sound, it ought to reduce tax rates and avoid bailing out the housing market. Making the lower capital gains tax rate permanent and reducing inordinately high corporate taxes would have a much more stimulative effect than any rearrangement of existing tax revenue.
Sincerely,*
Duane Parde
President
National Taxpayers Union
Jim Martin
President
60 Plus Association
Tim Phillips
President
Americans for Prosperity
Amy Ridenour
Vice Chairman
Americans for the Preservation of Liberty
Timothy Wise
President
Arlington County Taxpayers Association (VA)
Jeffrey Mazzella
President
Center for Individual Freedom
Doug Bandow
Vice President for Policy
Citizen Outreach
Barbara Anderson
Executive Director
Citizens for Limited Taxation
Clyde Wayne Crews Jr.
Vice President for Policy
Competitive Enterprise Institute
Thomas Schatz
President
Council for Citizens Against Government Waste
Bob Williams
President
Evergreen Freedom Foundation
Tom McClusky
Vice President of Government Affairs
Family Research Council
Richard O. Rowland
President
Grassroot Institute of Hawaii
Jon Coupal
President
Howard Jarvis Taxpayers Association
John Tillman
CEO
Illinois Policy Institute
Karl Peterjohn Executive Director
Kansas Taxpayers Network
Richard Falknor
Chair
Maryland Center-Right Coalition
David Ridenour
Vice President
National Center for Public Policy Research
Lew Uhler
President
National Tax Limitation Committee
Doug Kagan
Chairman
Nebraska Taxpayers for Freedom
Paul J. Gessing
President
Rio Grande Foundation
Phil Krinkie
President
Taxpayers League of Minnesota
Rick Durham
President
Tennessee Tax Revolt
*Organizations listed for identification purposes only.
Thursday, November 8, 2007
Repeal the AMT
Rep. Paul Ryan wants to know: Why patch the alternative minimum tax, when we can repeal it?
_____
_____
Friday, October 19, 2007
What Could Be Wrong...
"What could be wrong with a treaty governing the oceans championed by President George W. Bush, the secretary of the Navy and the overwhelming majority of the members of both political parties who make up the Senate Foreign Relations Committee?"
Jane Chastain answers the question.
_____
Jane Chastain answers the question.
_____
Monday, October 15, 2007
Sunday, October 14, 2007
The Media Gets a Tongue-Lashing
Lt. Gen. Ricardo Sanchez gives the news media a dressing down, perhaps as thorough a dressing-down as it has ever received.
The media, of course, barely reported it, but the blogosphere, thankfully, did.
Hat tip: Michelle Malkin.
The media, of course, barely reported it, but the blogosphere, thankfully, did.
Hat tip: Michelle Malkin.
Friday, October 5, 2007
LOST & the Coast Guard
If asked, would Cuban boat people support the Law of the Sea treaty?
Based on this, Mal Kline may think not.
Based on this, Mal Kline may think not.
Thursday, October 4, 2007
Oklahoma Indicts People for Circulating Petitions
The Oklahoma attorney general has indicted three people for circulating a petition calling for a "Taxpayer Bill of Rights" in Oklahoma.
The potential penalty is 12 years in a state prison and a 25,500 fine.
Reg Crowder is wondering if Oklahoma Attorney General Drew Edmunson attended law school in North Korea.
More details on the case -- and the more you read, the more shocking it gets -- can be found here. A copy of the indictment itself is here.
The potential penalty is 12 years in a state prison and a 25,500 fine.
Reg Crowder is wondering if Oklahoma Attorney General Drew Edmunson attended law school in North Korea.
More details on the case -- and the more you read, the more shocking it gets -- can be found here. A copy of the indictment itself is here.
Supporting General Petraeus
Under the leadership of Concerned Women for America, Americans for the Preservation of Liberty and 38 other groups are pressuring Congress to be more supportive of General Petraeus and our active duty military:
Dear United States Senators and Members of the House of Representatives:A PDF of the entire letter, with signers, can be found here.
Gen. Petraeus is an emblem of patriotism. He has willingly taken the mandate provided by the President of the United States and the U.S. Senate to serve his country in one of the most difficult missions in the world. Gen. Petraeus is admirably living up to an extremely complicated job of heading up a war effort in a dangerous region of the world.
Senators who voted unanimously to confirm Gen. Petraeus should live up to their duty to give this leader the resources and support that he needs to accomplish the mission entrusted to him.
Supporting Gen. Petraeus and U.S. troops includes condemning unwarranted attacks on the character of this good man. The vicious attack on him, his commitment to the American people and the integrity with which he leads the Multi-National Force in Iraq will go down in history as a disgrace. It will be seen not only as a reprehensible criticism of Gen. Petraeus but, by extension, those who serve under him, all members of the United States Armed Forces. It is legitimate to ask tough questions of Gen. Petraeus on his testimony but not to question his patriotism.
The Politico reported that one anonymous Democratic Senator said, “No one wants to call [Petraeus] a liar on national TV. The expectation is that the outside groups will do this for us.” It is not a stretch for Americans to believe that MoveOn.org’s malicious assault on the honor of the commanding General of Coalition forces speaks for at least some Senators. If MoveOn.org does not speak for you in attacking the man you chose to lead the armed forces in Iraq, the undersigned respectfully request that you go on record objecting to it and vote in favor of the Cornyn Resolution in the Senate and Boehner Resolution in the House of Representatives. These resolutions strongly condemn the personal attacks on Gen. Petraeus’ honor and integrity.
We, the undersigned, ask that you show this principled man the respect that he deserves by condemning personal attacks on his integrity and the forces he leads.
Sincerely,
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