by Darrell L. Castle Constitution Party 2008 Vice-Presidential Candidate Posted to IPR by Paulie Is the current tactic being employed to save the American financial system, the bailout, working? The answer to that question depends on your definition of the word “working”. If by “working” you mean the transferring of the nation’s wealth from working [...]

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Posted at LP.org by Andrew Davis: Not everybody is pumped about Obama’s $825 billion stimulus plans, especially the part that includes billions of taxpayer dollars being spent by the government in the hopes of jump-starting the economy.  Here’s what we’ve said about it: If Obama’s Plan Doesn’t Seem to Make Sense, it’s Because it Doesn’t [...]

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http://lpalabama.org/pages/edwardsvillebailout: According to US News and World Report, the town of Edwardsville, AL wants a $375 million stimulus package: At first glance, the town of Edwardsville, Ala., with a population of 194 people, might raise a few eyebrows with its bid to receive $375 million from the economic stimulus package being assembled by Barack Obama [...]

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Posted to IPR by Paulie Reposted at http://www.constitutionparty.com/news.php?aid=827 by Froma Harrop Rasmussen Reports First come the shady operators, then comes the collapse, then comes the bailout, then come the shady operators. That, too often, is the sad history of financial meltdowns and their cleanups. The closing days of the Bush administration offer the familiar spectacle [...]

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Posted at The Populist Party Today’s American FED and Treasury “bailouts” are finally giving the American corporate-cronyism form of capitalism all the remaining aspects of the Leninist “commanding heights” economy that served the Soviet Union so well. The classical Keynesian-Friedmanite school of thought is that smart and slick central planners can somehow control and manipulate [...]

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Mailed to contact.ipr@gmail.com by Lou Novak Not one job saved, not one community protected Statement of Fred Vitale, Chairperson, Green Party of Michigan The Green Party of Michigan strenuously opposes the $17.4 billion bailout for General Motors, Ford and Chrysler. The agreement by the Bush administration to use a small part of the $700 billion [...]

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Posted at http://www.lp.org/bailout-mania. This is the full article, except for the financial appeal at the end of the original piece. Everybody is looking for a handout.  Except, instead of poor workers looking for bread as it was during the Great Depression, we have billion-dollar beggars from Wall Street looking for a way out of bad [...]

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Posted at LP.org Libertarian Party Warns Against Further Government Spending America’s largest third party is warning against the institution of new government programs in the wake of the current economic crisis. “Government programs tend to linger with disastrous economic consequences,” says Libertarian Party spokesperson Andrew Davis. “Congress needs to exercise extreme caution when considering any [...]

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Andrew Davis writes at LP.org On Dec. 10, the Libertarian Party put out a press release calling the logic behind the auto bailout, "insane." In it, we stated that "it’s insane that we keep going back to the taxpayers to bail-out struggling corporations who, for lack of good management and sound business practices, have become [...]

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WASHINGTON, Dec. 12 /PRNewswire-USNewswire/ — The following is a statement from consumer advocate Ralph Nader and Robert Weissman, director of the advocacy group Essential Action: In an effort to break the United Auto Workers — a union that historically has been responsible for raising wages and benefits not just for unionized auto workers but for [...]

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The Kansas City Star‘s political column “The Buzz” has this to say about the Libertarian Party press release on the auto industry bailout: “In case you missed it, the nation’s largest third party also opposed appropriating $14 billion of taxpayer money to bail out the American automotive industry. ‘It’s insanity,’ said Libertarian Party spokesman Andrew [...]

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Congressman Ron Paul (R-TX) was the presidential nominee of the Libertarian Party in 1988, and appeared on the 2008 general election presidential ballot as a Taxpayers and Constitution Party in Louisiana and Montana, in addition to running in the Republican primary. He is a life member of the Libertarian Party, and has spoken at numerous [...]

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Posted at LP.org Auto Bailout Will Only “Compound the Problem” Former Congressman Bob Barr, the Libertarian Party’s 2008 presidential nominee, issued a statement condemning the proposed $15-billion bailout of the auto industry apparently nearing approval in the Congress. Barr said “the Faustian bargain” the Big 3 automakers reached with lawmakers “compounds the problem” of the [...]

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Press release from the Libertarian Party posted at LP.org Says only hope for the long-term viability of automakers is bankruptcy and restructuring The nation’s largest third-party is calling for Congress to strike down a measure backed by the White House that would risk at least $15 billion of taxpayer dollars to bail-out the American automotive [...]

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Posted at Green Party Watch: The Green Party offered up today six solutions to save the U.S. Economy. 1. Enact a massive Green Public Works program 2. Bail out towns, cities and states over private corporations 3. Jump start our mass transit system 4. Enact a single-payer universal health care system 5. End the occupations [...]

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Posted at LP.org The “Big Three” are back on the Hill, and this time the question is whether they can make a strong enough case in order to receive billions of dollars in taxpayer-backed loans to save their companies from bankruptcy. Despite all the trappings of a truly repentant lot of CEOs who just got [...]

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From the Barr campaign email list: With Senator Saxby Chambliss’ victory in the Georgia US Senate runoff election the Obama administration will not have a guaranteed 60 votes in the US Senate to prevent full consideration and debate of issues. Of course, just lacking 60 Democratic votes in the Senate is no guarantee that the [...]

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The following is reposted from OpEd News. It was written by former independent candidate for Congress and prominent anti-war protestor Cindy Sheehan: While Secretary of the Treasury from 1999-2001, Larry Summers worked with the Clinton administration and Congress to repeal the Glass-Steagall Act so that Citicorp could become Citigroup. The Glass-Steagall Act was a reform [...]

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Posted at Nader.org It has never been more clear how much corporations depend on We, the People for their very existence. Corporations are given the right to exist through a public charter. For public corporations, shareholders are bestowed with limited liability, and they benefit from a public system of securities regulation that gives investors confidence [...]

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Posted by Andrew Davis on Libertarian Party blog It should go without saying that the Libertarian Party is philosophically and pragmatically opposed to any sort of bailout to corporations, especially when they’ve been run as poorly as American auto manufactures.  But what are the economists saying about the auto bailouts?  I’ve compiled some snippets from [...]

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