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Entries in ALG (1565)

Wednesday
Jun302010

ALG Statement Against $10 Billion States Bailout in War Supplemental 

June 30th, 2010, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement against a House Democrat proposal to attach $10 billion state education funding to the pending war supplemental:

"The $33 billion war supplemental to fund ongoing operations in Iraq and Afghanistan, including the surge in Afghanistan, is still being held up by House Democrats who want to attach $10 billion for bankrupt states like New York and California that refuse to cut their unsustainable budgets.

"This is simply unacceptable to our fighting men and women.  Critical resources are being held back, and Defense Secretary Bob Gates warns that if the supplemental is not passed by July 4th, the Defense Department may be forced to begin furloughing civilians and being unable to pay active-duty military.  General Petraeus has called the supplemental 'essential for the conduct of this mission.'

"And yet the war funding is being held hostage to public sector union politics who want another bailout.  Enough is enough. 

"Congress has a constitutional responsibility to give our troops everything they need to win on the field of battle, and absolutely no role in balancing state budgets and handing out tens of billions of dollars to public employee unions.  Now is the time to stop playing politics with our troops in harm's way and pass a clean war supplemental."

Attachments:

Troops' Funding Held Hostage by Public Sector Union Politics, by ALG President Bill Wilson, June 28th, 2010.

ALG Urges Congress to Reject $100 Billion Handout to Public Employee Unions, June 22nd, 2010.

"Driving Right Off the Cliff," by ALG President Bill Wilson, June 16th, 2010.

 



Wednesday
Jun302010

NRN - Robert Chatigny - The Wrong Choice for the 2nd Circuit Court 

June 30, 2010
1:15 PM
From NetRightDaily.com:

Below is important information on Robert Chatigny. This is an important appointment that needs to be fought. Please help spread the word!

Robert Chatigny has been nominated to serve on the Second Circuit Court of Appeals. For those unfamiliar with him need to be quick. He has already breezed through the Senate Judiciary Committee and faces a confirmation vote in front of the Senate at a time to be determined. The Senate can approve him at any time, so calls are needed to your Senator now! Call 202.224.3121.

Here is some background info on Chatigny:

Currently, Americans for Limited Government has a TV ad up in Nevada and Vermont urging Senators Reid and Leahy to vote no on him. Here is the Nevada ad:

The Washington Times and the American Spectator have also helped push the ad out! Please help spread the message as well.

Today, NetRightDaily.com and Americans for Limited Government released the below video on Harry Reid and Chatigny:

Please help spread the word!

Read more at NetRightDaily.com.



Wednesday
Jun302010

NRN - Must Reads for June 30, 2010

Americans for Limited Government President Bill Wilson's quote of the day in reference to the Dodd-Frank financial takeover bill: "The Dodd-Frank financial takeover bill will not address the real causes of the financial crisis that government caused, and instead creates new, radical powers for the government to seize disfavored firms, bail out favored ones, monitor finances, and levy unlimited taxes on the American people, all without any vote in Congress or the opportunity to object in court."

Read more at NetRightDaily.com.

Wednesday
Jun302010

ALG Launches Ad in Nevada Urging Harry Reid to Oppose Robert Chatigny for 2nd Circuit Court of Appeals 

"As the Senate's leader, Harry Reid has the power to put the brakes on the Chatigny

nomination.  Chatigny is nothing more than an apologist for sex offenders.  It's his claim

to fame, and is why he is being promoted.   Chatigny's conduct is so deeply disturbing to

the American people that Reid has an obligation to defeat this offensive nomination."

—ALG President Bill Wilson.

 

ALG Launches Ad in Nevada Urging Harry Reid to

Oppose Robert Chatigny for 2nd Circuit Court of Appeals


View at http://www.youtube.com/watch?v=8gaVh-RGYuE

Download at http://www.algnews.org/videos/VNR_Judge/Judge_Ad.mov

 

June 29th, 2010, Fairfax, VA—Americans for Limited Government (ALG) President Bill Wilson today announced that his organization would be running a 60-second commercial in Nevada urging Senate Majority Leader Harry Reid to reject the nomination of Judge Robert Chatigny to the 2nd Circuit Court of Appeals.

 

 

"Robert Chatigny is a man who thought that Michael Ross, a confessed rapist and serial killer of eight young women aged 14 to 25,  '...never should have been convicted, and yet, Harry Reid is pushing him to be confirmed," Wilson said.

 

Wilson said the ad was to alert Nevadans of Chatigny's controversial actions defending convicted rapist and serial murderer, Michael Ross, and to urge them to contact Reid to help defeat the nomination.

 

Chatigny's contentious remarks were made at a last-minute hearing in 2005 he had convened wherein he granted a stay of execution for Ross.  In that hearing, Chatigny chastised Ross' attorney, T.R. Paulding, and threatened to have his law license pulled for not more vigorously pursuing Ross' defense. 

 

Although the hearing was supposed to be examining Ross' competence to waive his right to appeal, Chatigny opined, "looking at the record in a light most favorable to Mr. Ross, he never should have been convicted.  Or if convicted, he never should have been sentenced to death because his sexual sadism, which was found by every single person who looked at him, is clearly a mitigating factor."

 

In a letter to the U.S. Senate, Wilson wrote, "Ross had confessed to all eight rape-murders.  Of course he should have been convicted.  There was no question of his malice and cruelty, either, and yet for Chatigny, this was a mitigating factor that should have blocked the death penalty sentence.  That is outrageous enough."

 

Wilson's letter continued, "But if there was any doubt as to Chatigny's bias and personal interest in this case, the hearing Chatigny was presiding over had nothing to do with sentencing.  It had to do with forcing Ross' attorney to pursue a claim that Ross was not competent to waive his right to appeal the sentence."

 

The letter closed, "Chatigny clearly wanted to keep Ross in the system.  His bias exhibited in this case calls into question his temperament and impartiality as a judge, and should disqualify him.  This nomination should be withdrawn."

 

Wilson also cited that Chatigny's "long history of acting sympathetically toward sex offenders." As reported by the Washington Times, "[i]n 12 child-pornography cases, Judge Chatigny imposed a sentence either at or more lenient than the recommended minimum - with most downward departures involving sentences less than half as long."

 

"In 2000, Chatigny even overturned Connecticut's sex offender registry law," Wilson noted. 

 

The Senate Judiciary Committee voted to report Judge Chatigny to floor on June 10th for a full Senate vote.

 

Wilson concluded, "As the Senate's leader, Harry Reid has the power to put the brakes on the Chatigny nomination.  Chatigny is nothing more than an apologist for sex offenders.  It's his claim to fame, and is why he is being promoted.   Chatigny's conduct is so deeply disturbing to the American people that Reid has an obligation to defeat this offensive nomination."

 

Attachments:

 

ALG Ad Urging Reid to Oppose Chatigny, June 29th, 2010.

 

Video: Oppose Confirmation of Serial Killer Apologist for Court of Appeals, June 22nd, 2010.

 

ALG Letter to U.S. Senate Against Judge Chatigny, June 21st, 2010.

 

"Editorial: Democrat Senate to Promote Rapist, Serial Killer Apologist to 2nd Circuit Court," ALG News, June 21st, 2010.

 

ALG Nominee Alert, Robert Chatigny, March 2010.

Wednesday
Jun302010

ALG Urges Congress to Reject "Government Takeover of Financial Sector" Conference Bill

"The Dodd-Frank financial takeover still contains an unlimited bailout-takeover authority, unconstrained bank taxes, financial privacy violations, and still does not address the root, government causes of the financial crisis.  Congress has one last chance to reject it."

—ALG President Bill Wilson.

June 29th, 2010, Fairfax, VA—Americans for Limited Government (ALG) President Bill Wilson today urged Congress to reject the Dodd-Frank conference legislation "before it cannot be repealed and it is too late."

"The Dodd-Frank financial takeover bill will not address the real causes of the financial crisis that government caused, and instead creates new, radical powers for the government to seize disfavored firms, bail out favored ones, monitor finances, and levy unlimited taxes on the American people, all without any vote in Congress or the opportunity to object in court," Wilson said.

ALG has updated two of its key summaries on the legislation, the first detailing the bailout and government takeover powers in the bill, and the second outlining the threat posed to individual privacy through the Office of Financial Research.

Wilson warned that under the bill any company could be seized, pointing to the government seizure of GM and Chrysler under the Troubled Asset Relief Program. "Even though those were auto companies that posed no systemic risk to the financial system, and even though there were private sector alternatives to the government takeover, they were considered to be economically important enough to apply to TARP," Wilson explained.

"Just as GM and Chrysler were seized by the government, it will happen again to other non-financial companies under the Dodd-Frank financial takeover bill.  Nor will the government will be limited to a $700 billion fund, since the so-called 'orderly liquidation fund' is unlimited," Wilson said.

"There is no meaningful provision to limit bailouts, either, despite the well-meaning efforts of Congressional Republicans," Wilson added.

The "orderly liquidation fund" would be financed by "risk-based" assessments levied by the Federal Deposit Insurance Corporation (FDIC) on institutions totaling $50 billion or more in assets, proceeds from securities issued by the FDIC of seized firms, interest and other earnings from investments owned by the fund, and "repayments to the Corporation by covered financial companies."

According to a Congressional Budget Office (CBO) analysis of a similar bank tax proposal by the Obama Administration, "the ultimate cost of a tax or fee is not necessarily borne by the entity that writes the check to the government. The cost of the proposed fee would ultimately be borne to varying degrees by an institution's customers, employees, and investors, but the precise incidence among those groups is uncertain."

The legislation also provides for a $19 billion "financial crisis" fund funded by more assessments on banks, a provision that was added in the conference report.

Wilson noted that the bill still includes a controversial Office of Financial Research that empowers the office, according to the legislation, to "collect, validate, and maintain all data necessary" to maintain financial stability "obtained from member agencies, commercial data providers, publicly available data sources, and financial entities."

"The Office of Financial Research will have the ability to know about every transaction in the country, large and small, if it deems it necessary for the sake of financial stability," Wilson said.

According to the bill, the OFR would "require the submission of periodic and other reports from any financial company for the purpose of assessing the extent to which a financial activity or financial market in which the financial company participates, or the financial company itself, poses a threat to the financial stability of the United States."

The legislation also outlines that the Director of the OFR would be given subpoena power to require "the production of the data requested … upon a written finding by the Director that such data is required" to maintain financial stability.

Wilson also condemned the Dodd-Frank conference bill for what he said was "its inherent failure to address the root, government causes of the crisis.  For example, the bill does not audit the Federal Reserve, whose easy money, low interest lending policies fueled the housing bubble," citing research by Stanford economic professor John Taylor stating that "the Fed's target for the federal-funds interest rate was well below what the Taylor rule would call for in 2002-2005. By this measure the interest rate was too low for too long, reducing borrowing costs and accelerating the housing boom."

Wilson also cited research by former chief credit officer of Fannie Mae, Ed Pinto, demonstrating that Fannie Mae and Freddie Mac weakened mortgage underwriting standards and mislabeled high-risk mortgage-backed securities, defrauding investors; that the Federal Housing Administration (FHA) lowered down payments on mortgages; and that the Department of Housing and Urban Development's (HUD) Community Reinvestment Act regulations and "affordable housing goals" reduced lending standards and forced banks to give loans to lower-income Americans that could not be repaid.  "None of these root causes are addressed, either," Wilson said.

"The Dodd-Frank bill even prohibits the liquidation of Fannie Mae and Freddie Mac under the 'orderly liquidation' authority, a provision that was only added in conference," Wilson noted.

Wilson concluded, "The Dodd-Frank financial takeover still contains an unlimited bailout-takeover authority, unconstrained bank taxes, financial privacy violations, and still does not address the root, government causes of the financial crisis.  Congress has one last chance to reject it."

Attachments:

"'Down a Rabbit Hole:' The Threat Posed by the Dodd Bill to the Private Sector," Updated June 28th, 2010, Americans for Limited Government.

"Big Brother is Watching You: The Threat Posed by the Dodd Bill to Privacy," Updated June 28th, 2010.

Letter to the U.S. Senate, ALG President Bill Wilson, April 26th, 2010.

Interview Availability: Please contact Rebekah Rast at (703) 383-0880 or at rrast@getliberty.org to arrange an interview with ALG President Bill Wilson.