Tag Archive | "porkulus"

Freedom Under Fire, Apr. 17th, 2009

Freedom Under Fire, Apr. 17th, 2009

President Obama pushes ratification of gun trafficking treaty, housing market continues to crash-new home starts down 11% and foreclosures jumping 17%, Senate to call panel to investigate illegal NSA domestic spying, Obama unveils plan to spend another $13 billion and build high speed trains (it’s a down payment), Democrats attack Texas Gov. Perry over secession comments at tea party, Freedom Watch sues dictator Hugo Chavez for acts of terrorism and human rights violations, and a bit of good news: mystery donors give $45 million to universities… Continue Reading

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Congress Cannot Play Favorites With Public Funds

Congress Cannot Play Favorites With Public Funds

Has the federal government risen above its constitutional right to tax and spend billions of dollars on pork? What argument do we have which puts a seemingly all powerful federal government back in its constitutional place and restores the principle of federalism? Continue Reading

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Freedom Under Fire, Mar. 19th, 2009

Freedom Under Fire, Mar. 19th, 2009

Congress wants to impose 90% tax on Wall St. bonus recipients, Fed will no longer raid legal marijuana dispensaries, auto parts suppliers to receive $5 billion in aid, Mexican drug cartels thriving in U.S., and the Federal Reserve creates $1.2 trillion in new money…just the latest in your Freedom Under Fire Report! Continue Reading

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Freedom Under Fire, Mar. 13th, 2009

Freedom Under Fire, Mar. 13th, 2009

The age of banking secrecy coming to an end, climate scientist warns that billions will die, U.S. trade deficit contracts along with trade, Russians steal yet another foreign company’s assets, Mexican drug lord makes Forbes’ billionaires list, road to nowhere to take 26 years and $1.5 billion, California considers legalizing marijuana…just the latest in your Freedom Under Fire report! Continue Reading

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Freedom Under Fire, Mar. 4th, 2009

Freedom Under Fire, Mar. 4th, 2009

China launching massive domestic stimulus, details on the $275 billion homeowner bailout, landmark Supreme Court ruling for drug makers, Chavez declares war on opposition media and nationalizes a U.S.-based company, lawmakers defend 9,000 earmarks including “swine odor research”, and a Russian economist predicts civil war in U.S. in 2009…just the latest in your Freedom Under Fire Report! Continue Reading

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Freedom Under Fire, Feb. 14th, 2009

Freedom Under Fire, Feb. 14th, 2009

Everyday our liberties and freedom come under fire. The American Republic once protected its citizens from arbitrary abuse, extortion, and deliberate social engineering. Now the very same public servants who were meant to work for us connive daily on how to control our lives. The Republic is gone and we are left to fend for ourselves, to put up resistance to every encroachment on individual self-determination. The Freedom Under Fire Report provides daily coverage of the most important issues, so that you remain informed and ready to defend yourself. Read on and pass this around to everyone you think could benefit: Continue Reading

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Mark Sanford addresses the latest "Stimulus Bill"

Mark Sanford addresses the latest "Stimulus Bill"

The Senate seems set to pass an $820 billion spending bill dubbed a “stimulus package.” President Obama calls the bill absolutely essential and warns of economic catastrophe if swift action is not taken in Congress.

Not everyone agrees that this unprecedented spending package should be passed. In fact, South Carolina Governor Mark Sanford, whose state would be a beneficiary of the largess, claims the legislation will mean economic disaster.

Governor Sanford is far more eloquent than I, so you can watch him explain himself here:

Embedded video from <a href=”http://www.cnn.com/video” mce_href=”http://www.cnn.com/video”>CNN Video</a>

The main takeaways:

  • America is turning into a political economy: The key to success is having the right Washington D.C. connections, not actually running a good business
  • Congress is trying to fix a problem caused by too much borrowing and spending by  borrowing and spending on an unprecedented scale
  • The U.S. debt-to-GDP ratio is at a critical tipping point (government has borrowed too much!), which is increasing the risk of our currency collapsing

It looks like Republicans have a rising star in Mark Sanford.

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