ALG's Daily Grind - U.S. lends $35 billion through IMF foreign aid slush fund

April 30, 2013

Editorial: U.S. lends $35 billion through IMF foreign aid slush fund

Total represents more than 24 percent of the agency's $145.4 billion of outstanding loans. Well above its 17.7 percent quota, the U.S. is funding a disproportionate share of IMF loans.

Cartoon: Obama's cleaver

The White House wants to make certain you feel sequester, even if it is not necessary.

Church of Global Warming feels the heat

Seventeen straight years of climate stability will straighten even the most ardent true believers hockey stick.

UK Telegraph: Cyprus parliament to vote on savings deposit tax again

"While Cypriot finance minister Harris Georgiades last week voiced confidence that the island's fractious parliament will approve the deal, the vote is likely to put the bail-out on a knife-edge as nearly half of the 56-member house is considered likely to oppose or abstain."

Watchdog - Your tax dollars promote world’s most hated dictator

Your tax dollars help promote
world’s most hated dictators

Thanks to your generous support, the New York City-based People’s Rights Fund has been able publicize the great work of Karl Marx and dictators Kim Jong-Il, Hugo Chavez and Saddam Hussein.  

Don’t remember writing that check?

If you paid federal taxes after 1997, some of your money went to Tides, a San Francisco-based clearinghouse that collects and distributes about $251 million every year to hundreds of leftwing organizations.

READ MORE HERE!

ALG responds to Ener1 bankruptcy

Jan. 26, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today in a statement responded to the bankruptcy of yet another "green" energy company that had received taxpayer money, Ener1:

"As early as 2008, an investment advisory firm Citron Research had issued dire warnings about Ener1, saying the company was 'just a corporate shell company with a long history of failed businesses based on exaggerated promises', citing the company's long and shady history.  When it was proposed that the 'stimulus' be used to give $118.5 million to Ener1, Americans for Limited Government worked with media to help expose this bogus firm for what it was.  Predictably, it turns out those warnings were correct, unfortunately for taxpayers."

Attachments:

Citron Reports on Ener1, July 16, 2008 at http://www.citronresearch.com/index.php/2008/07/16/citron-reports-on-ener1-amexhev/

Fed money may benefit Russian-backed firm, by Jerry Seper, Washington Times, July 5, 2009 at http://www.washingtontimes.com/news/2009/jul/5/us-tax-dollars-may-aid-russian-earmark-eyed/print/

Obama sends stimulus aid to foreign firms, by Jerry Seper, Washington Times, Aug. 6, 2009 at http://www.washingtontimes.com/news/2009/aug/06/stimulus-to-aid-foreign-battery-builders/print/

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

Gov. Rick Perry on Obama Administration's Use of Gay Rights to Make Foreign Aid Decisions

AUSTIN - Gov. Rick Perry today issued the following statement:

"Just when you thought Barack Obama couldn't get any more out of touch with America's values, AP reports his administration wants to make foreign aid decisions based on gay rights.

"This administration's war on traditional American values must stop.

"I have proposed a foreign aid budget that starts at zero. From that zero baseline, we will consider aid requests based solely on America's national security interests. Promoting special rights for gays in foreign countries is not in America's interests and not worth a dime of taxpayers' money.

"But there is a troubling trend here beyond the national security nonsense inherent in this silly idea. This is just the most recent example of an administration at war with people of faith in this country. Investing tax dollars promoting a lifestyle many Americas of faith find so deeply objectionable is wrong.

"President Obama has again mistaken America's tolerance for different lifestyles with an endorsement of those lifestyles. I will not make that mistake."