Entries in Bailouts (53)
March 25, 2014, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement praising Senate Republicans for stripping an additional $63 billion in new quota money for the International Monetary Fund (IMF) from a bill to offer a $1 billion loan guarantee to Ukraine:
"There never was a good reason to hold up the Ukraine aid legislation in order to give another $63 billion to the IMF to bail out banks that foolishly lent money to bankrupt European governments. Senate Republicans are to be praised for insisting to Harry Reid that it be removed. It should have never been included in the first place.
"In the face of Russia's threats against Ukraine, it always was irresponsible to hold these loans hostage in order to achieve unrelated funding for the IMF, as if U.S. credibility abroad was something to be bargained with."
Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.
March 14, 2013
The euro cannot be saved. It's time for taxpayers to get out while the getting's good.
Perez knowingly lied to the U.S. Civil Rights Commission when he insisted under questioning that political appointees were not involved in overturning the decision to not to prosecute two New Black Panther Party leaders who were caught on camera threatening voters at a Philadelphia polling place.
Speaker of the House majority talks down debt ceiling, spending prioritization, and continuing resolution options to balance budget and repeal Obamacare.
Oct. 26, 2012
States already got a $344.7 billion bailout from Obama. Will the central bank double down and buy hundreds of billions of muni debt?
Sometimes rhetoric and records don't match up.
It's time to apply the same legal, ethical and credibility standards to anti-oil sands outfits that they insist on applying to the corporations they denounce.
"The fact that the economy is still struggling with legions of discouraged and underemployed workers after the federal anti-recession efforts started should humble policymakers and professional economists."
Oct. 11, 2012
U.S. taxpayers are forced to spend billions to save Europe. But will there now be political fallout in November?
Obama/Biden have a number of whoppers in store for the debates to come. Here now is a look at what Representative Ryan will hear in his sparring session with Vice President Biden.
What have the American people gotten from Obama's $90 billion "investment" in green energy?
How will taxing the rich balance the budget when Obama's tax increases will generate only $68 billion a year? With $1.2 trillion deficits each of the last three years, this additional revenue will reduce the deficit by just 6 percent.