The Austin American-Statesman reports in Sunday’s edition that a former Texas Republican state representative has called on three Texas Libertarian state House candidates — Joe Allport, Jason Jordan, and one other — to quit their races in order to prevent Democrats from winning the seats. Suzanna Hupp [read more]
The Peace and Freedom Party has selected independent candidate Ralph Nader and his runningmate Matt Gonzalez as its 2008 presidential ticket. According to the PFP’s homepage, “Both nominees agree with the fundamentals of the P & F platform and bring with them a strong combination of experience, [read more]
The America First Party has issued a press release condemning the recent federal bailout of Fannie Mae and Freddie Mac as irresponsible government spending as an ineffective stopgap:
In an effort to bail out stockholders, lenders, and homeowners, congress and the president have raised the debt ceiling by an ear-popping $800 billion, thereby allowing our nation’s cash debt to rise above $10 trillion for the first time ever. As part of the package, the FHA has been given authority to guarantee $300 billion of mortgages to help about 400,000 homeowners, a meager fraction of the total. The major corporate beneficiaries of the giveaway are Fannie Mae and Freddie Mac, which own or guarantee about half of all U.S. mortgages; these giant organizations have recently been on the brink of failure. The package also allows the Treasury Department to buy stock of these publicly traded companies to prevent them from plunging further.
Given the importance of the U.S. marketplace and the fragile state of the U.S. economy, failure of these entities would be a disaster with global consequences. But frantically increasing government spending without taking action to stem the long-term fundamental causes of our predicament can only briefly pause our economy’s downward spiral.
According to the release, the causes of the present turbulence in the [read more]
The Bob Barr campaign’s big “Raising the Debate” push to hit $750,000 in contributions has fallen a bit short of the goal. According to the campaign website, yesterday was the target date for them to hit three-quarters of a million in funds raised, [read more]