bailout

WASHINGTON, D.C. -- The National Federation of Independent Business announced its initial opposition to a proposed bailout of the Big Three automotive companies.

Claiming the proposed bailout would be on the backs on small business, NFIB president and CEO, Todd Stottlemyer, reacted by issuing the following the statement.

"Small businesses owners are adamant: Don't ask us to send our tax dollars to Detroit to pay for their mistakes without significant restructuring and effective independent oversight.

"Proposals to provide as much as $50 billion to the Big Three auto companies are a misguided attempt to bail out companies that are in this situation not because of the credit crisis, but because of a long series of decisions that have led these once-admired corporations to where they are today.

WASHINGTON, D.C. -- The Bailout will cost every taxpayer several thousands of dollars. It's time to send a message to Washington D.C. Vote against the people who do not have your best interests at heart. Vote Libertarian in your states elections! Go to www.lp.org or call 1-800-elect-us.

Reprinted from Slate, published first in April 2008.

WASHINGTON, D.C. -- According to a small but powerful group of America's financial decision-makers—mostly supply-siders and those in their thrall—the chief cause of the credit market meltdown is not folly, or reckless lending, or the demise of America's financial management. It's an accounting rule.

Reprinted from The Constitutional Conservative blog.

They just can’t help themselves when it comes to stuffing pork in any and all bills, with both new waste, and renewals of old waste. Is it any wonder these bozos aren’t trusted, and Congress has single-digit approval ratings? The only bipartisan agreement comes on stuffing pork and earmarks at every opportunity — the one thing both parties agree on. Disgusting — and at 451 pages long, what are the odds any of the Senators actually reading the bill?

New Tax earmarks in Bailout bill

HAMMOND, IN -- Northwest Indiana Ron Paul Meetup members were hitting the streets in protest of the proposed $700 billion Wall Street bailout yesterday. Their efforts were greeted favorably by many motorists, showing support with car horns and "thumbs up."

In an article by Dan Hinkel of the Northwest Indiana Times, Hinkel reported:

Back at Indianapolis and Ridge, the anti-bailout activists staked out stances based on ethical and practical concerns. Irresponsible lenders and irresponsible borrowers tangoed together into this mess, said John Ciskos, of Lowell. Banks should be allowed to fail, said Jason Shields, of Cedar Lake.

"I work for a living. If I make a bad investment, I'm going to pay for it," Shields said.

"It's not our responsibility to bail out people who were irresponsible," Ciskos said.