Archive for July, 2009

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With unemployment skyrocketing, Libertarians suggest real stimulus

Thursday, July 9th, 2009

America’s third largest party Thursday criticized Democrat and Republican leaders in Congress for suggesting that rising unemployment can be solved by passing another “stimulus” government expansion, or by spending current appropriations more quickly.  Libertarians propose an alternate package of tax and regulatory relief that will create the jobs Americans need.

When Congress passed President Barack Obama’s “stimulus” package early this year the White House stated the spending expansion would keep unemployment below eight percent.  It instead skyrocketed to a 26-year high of 9.5 percent…

Full release from The Libertarian Party @ http://www.lp.org/news/press-releases/with-unemployment-skyrocketing-libertarians-suggest-real-stimulus

Posted in Economic Freedom | No Comments »

Cap and Trade Will Lead to Capital Flight

Friday, July 3rd, 2009

“…the non-partisan General Accounting Office (GAO) has estimated that the administration’s health care plan would actually cost over a trillion dollars. This reality check may have given us a temporary reprieve on this particular disastrous policy, however an equally disastrous energy policy reared its ugly head on Capitol Hill last week.”

“The Cap and Trade Bill HR 2454 was voted on last Friday. Proponents claim this bill will help the environment, but what it really does is put another nail in the economy’s coffin. The idea is to establish a national level of carbon dioxide emissions, and sell pollution permits to industry. HR 2454 also gives federal bureaucrats new power to regulate a wide variety of household appliances, such as light bulbs and refrigerators, and further distorts the market by providing more of your tax money to auto companies.”

Complete  commentary by Rep. Ron Paul (Rep.-Texas) @ http://www.freeliberal.com/archives/003856.html

Posted in Big Government | No Comments »

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