Press Releases

 

Friday
May282010

NH Steward - More Stimulus Outrage 

 

The residual outrage continues with the announcement yesterday from the New Hampshire Stimulus Director who said that the state has only "created or saved the equivalent to 2,200 jobs in New Hampshire through March."

New sources report that this is only about 12% of the projected 16,000 jobs promised by President Obama and heralded by Senator Shaheen and Congressmen Hodes and Shea-Porter. 

Worse than that, President Obama announced publicly last month that the "stimulus" has saved or created 12,000 jobs in New Hampshire, which was clearly wrong and now creates an inconsistency between the White House and the State House in New Hampshire.

Hot Air Blog does a good job exposing the situation and I encourage you to read these articles and then contact Congresswoman Shea-Porter, Congressman Hodes and Senator Shaheen and ask them to explain the inflated job numbers from the White House.

How are we going to trust our leaders here and in Washington if they can't tell us the truth about how our tax dollars are being spent and how many jobs have been "saved or created" in New Hampshire?

Stay active and stay tuned.  We'll keep you updated!

Sincerely,
 
Fred Tausch


Friday
May282010

NRCC - Shea-Porter Fails to Lead as Democrats Punt on the Budget

Democrats Still Refuse to Govern as National Debt Hits Alarming New Benchmark

Washington- As Democrats continue to push forward with their runaway spending agenda, Americans have been delivered another alarming reminder that the majority is refusing to do the job of governing. Just yesterday, the U.S. Debt Clock hit $13 trillion, and experts admit that the country’s red ink has officially become a drag on economic growth. That’s an ominous warning that it’s time for Washington to finally reign in spending and start trimming the country’s budget – that is, if they could come up with one.

“The U.S. national debt hit $13 trillion today, a stratospheric number with looming implications for every citizen.  (“National Debt Clock — Tracking the Red,” Fox News, 5/26/2010)

“The gross U.S. debt is approaching a level equivalent to 90 percent of the country's gross domestic product, the level at which growth has historically declined, said Carmen Reinhart, a University of Maryland economist.”

When gross debt hits 90 percent of GDP, Reinhart told the commission during a hearing in the Capitol, growth ‘deteriorates markedly.’” (Walter Alarkon, U.S. Debt Reaches Level at Which Economic Growth Begins to Slow,” The Hill, 5/26/10)

While the country sinks deeper and deeper into the red, Democrats refuse to introduce any sort of plan to control spending and put the economy back on track. Instead, in the words of their own party leaders, they’re failing at one of their most fundamental duties.

“Many Democrats relished in criticizing Republicans for failing to pass a final budget resolution in 2006, when the GOP controlled both chambers.

“Majority Leader Steny Hoyer (D-Md.), then the House minority whip, said Republicans who failed to enact a final budget measure weren’t meeting ‘the most basic responsibility of governing.’

“Budget Committee Chairman John Spratt (D-S.C.) blasted Republicans that year, telling them, ‘If you can’t budget, you can’t govern.’” (Walter Alarkon, “GOP Plays Back Dem Trash Talk on Budget,” The Hill, 5/27/10)

“In the face of a looming fiscal crisis that demands action, Carol Shea-Porter and her friends in Washington just can’t be bothered to put forward any sort of plan to get spending under control,” said NRCC Communications Director Ken Spain. “Even in the words of Shea-Porter's own party leaders, the Democrat majority is failing to do the job of governing. It’s time for congressional Democrats to start following the lead of middle-class families who are tightening their own belts, but Shea-Porter and her party leaders simply refuse.”

Friday
May282010

CORNERSTONE BLASTS LEGISLATIVE LEADERSHIP'S PROPOSED BAN ON FREE SPEECH

Says Provisions are Blatantly Unconstitutional; Calls on Democrats and Republicans to Defeat It

CONCORD – Today, the committee of conference on HB1459 agreed to an amendment that would levy unnecessary and unconstitutional regulations against free speech for political and issue advocacy purposes.  The "watered-down" amendment, which was opposed by at least one of the original members of the committee, Rep. Jim Splaine (D-Portsmouth), still mandates unconstitutional provisions such as requiring a vote of the Board of Directors for corporations prior to issue or political advocacy, as well as regulates certain forms of communication such as periodicals and telephone calls.   

Commenting, was Cornerstone-Action's Director, Kevin Smith: “The fact of the matter is that this proposed amendment is still blatantly unconstitutional as it puts unlawful prior restraints on free speech as well as unlawfully regulates certain kinds of communications.  We call on Democrats and Republicans in both chambers to reject this outrageous and unconstitutional attack on free speech in New Hampshire." 

As was reported in yesterday's Concord Monitor (5/27), Rep. Splaine said the proposal would have a "chilling effect" on free speech in New Hampshire and went on to say that "businesses and nonprofits would hesitate to spend money on political issues because they would fear being taken to court if they did not fulfill the reporting requirements."

Smith went on to say, "We totally agree with Representative Splaine.  He clearly understands that this is not a partisan issue, but rather it's about protecting one of our basic rights: freedom of speech.  We are hopeful that members of both parties will also come to this conclusion and defeat it when it comes up for a vote." 

Cornerstone-Action is the legislative advocacy arm of Cornerstone Policy Research.  Cornerstone-Action is a non-partisan, non-profit education and advocacy organization dedicated to the preservation of strong families, limited government and free markets.

Friday
May282010

ALG New York Times Should Report on Sen. Dodd's ACORN Provision and Bailouts

"There is a concerted effort on the part of political figures and compliant news media to conceal some of the most damaging and costly provisions of the legislation."—ALG President Bill Wilson.

May 27th, 2010, Fairfax, VA—Instead of fixating on the "risky behavior" of Wall Street firms, The New York Times and other major media outlets should more closely examine key provisions of the bill that has been so celebrated on their news pages, says TimesCheck.com Editor Kevin Mooney.

"Some of the most economically unsound public policy measures responsible for precipitating the financial crisis have been reinstituted in the financial overhaul legislation that recently passed the U.S. Senate," said Mooney, "but you wouldn't know that to read Times coverage of the bill."

The so-called "Restoring American Financial Stability Act" sponsored by Sen. Chris Dodd (D-Conn.)   "would actually accelerate some of the financial practices that have roiled the banking industry and collapsed real estate, according to new research that deserves media attention," ALG President Bill Wilson noted.

Wilson said one of the key culprits is section 1013, which includes a section on community affairs that would allow for the controversial ACORN organization to be recreated within the framework of new government bodies, as TimesCheck.com has reported, based on research by Brian Johnson, a researcher with Americans for Tax Reform (ATR) for indentifying the language.

"Even worse, the bill directs the new Community Affairs Department to lower lending standards and to encourage real estate purchases. Sound familiar? The New York Times should ask Dodd and other key Senators why they are so immune to historical lessons that are fresh in the minds of Americans who have seen their investments and savings plummet," Mooney said.

"Unfortunately, taxpayer concerns are only mentioned as a mere afterthought in the reports The New York Times has filed over the past few weeks," Mooney noted. "Although policymakers insist the legislation has been carefully crafted to avoid taxpayer financed bailouts our analysis tells a much different story."

Mooney said contrary to what President Obama and others have claimed, under Sen. Dodd's bill would companies could be threatened with unlimited government takeovers of their assets, operations and ownership. Americans for Limited Government (ALG) has documented the threat to the private sector. S. 3217 would, for example, shield from judicial review any government seizure of a company: "no court shall have jurisdiction over… any claim or action for payment from, or any action seeking a determination of rights with respect to, the assets of any covered financial company for which the Corporation has been appointed receiver."

"There is a concerted effort on the part of political figures and compliant news media to conceal some of the most damaging and costly provisions of the legislation," Wilson said.

"There's a great opportunity here for The Times to distinguish itself with in-depth reporting that could alert the public to growing economic dangers," Mooney said, concluding, "That's also one way for them to regain a disappearing audience."



Friday
May282010

ALG Urges Congress to Reject $23 Billion States Bailout, Adopt New Jersey Plan

May 27th, 2010                                   

United States House of Representatives and Senate

WASHINGTON, D.C. 20510

To the Members of the U.S. Congress:

While the national debt has surpassed $13 trillion this week, and the nation's Triple-A bond rating is threatened with the ongoing sovereign debt crisis, we were disappointed to learn that Congressional leadership has decided to once again plough ahead with its deficit-spending, pay-later policies of offering unlimited guarantees to insolvent states like New York and California.  This time, Congress is offering $23 billion to the states to pay for public education funding.

This comes atop $53.6 billion that was given to the states in the 2009 "stimulus" bill, and is the second time Congress has attempted to enact a $23 billion state education bailout.  The first was in HR 2847, which passed the House 217-212 on December 16th, 2009 as part of a wider $154 billion bill intended to spend paid-back Trouble Asset Relief Program monies to balance state budgets. 

However, HR 2847 had most of its provisions stripped out when it was finally passed in the Senate, including the $23 billion bailout.  Ever since then, the White House has been desperate to have the fund included somewhere in the appropriations process to forestall unfortunate but necessary cuts in state budgets.  The effort to now have it added to HR 5136, a defense appropriations bill, is just the latest attempt to payback public unions for their political loyalty to the Congressional majority.

It's a kickback.  It's a bailout.  And it's just the sort of thing that has the American people up in arms.  While citizens are tightening their belts in these tough economic times, government employees and elected officials are increasing debt, and endangering future generations with economic stagnation, inflation, greater interest rates, and higher taxes.

According to a recent USA Today story, "Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.  At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010." So, while the American people suffer, government is lining its pockets at taxpayer expense.

Americans for Limited Government urges your opposition to this failed approach, which will create an incentive for states to continue to follow the failed, insolvent policies of New York and California.  Making matters worse, this bill will disincentivize the prudent path that New Jersey has taken under Governor Chris Christie's leadership in recent months, which because of the spending freeze undertaken, New Jersey will not have to raise taxes this year to balance the budget.

We urge you to reject the New York and California plan to perpetual bailouts and deficit-spending, and instead, for the sake of taxpayers, to adopt the New Jersey plan of fiscal solvency by making the tough decisions to slash spending.

Sincerely,

 

William Wilson

President

Americans for Limited Government