The Cato Institute’s Mark A. Calabria points out limitations of President Obama’s new economic policy proposals:
“President Obama seems inclined to use TARP money to fund job creation in areas ranging from green industry to small business. Unfortunately, his proposals are an extension of the flawed ideas that did not work in the stimulus. They are [...]
To expand on recent coverage by Joseph Gerth of the Courier Journal, Rand favors twelve year term limits for both representatives and senators.
Rand is aware such a rule could remove his father, Rep. Ron Paul (who also supports term limits,) but believes the overall result would be less corruption and special interest influence in Washington, and promote the election of more candidates who would promote liberty and actually represent the people.
Dr. Rand Paul, Texas Republican Congressman Ron Paul’s son, is a Republican candidate for the U.S. Senate in Kentucky who has become a poster child for the Tea Party movement, according to Jennifer Duffy, a senior editor for The Cook Political Report.
The Tea Party movement continues to makes headlines across the nation, and the focus is now landing on the eye-doctor from Kentucky who rose from the movement and is challenging the Establishment for his party’s nomination.
Across the nation, a rising tide of constitutional conservatives discontent with radical expansion of government is manifesting itself in hundreds of tea party protests, causing difficulties not only for many Democrats, but also moderate Republicans and some of the Party’s hand-picked candidates. The first tea parties took place in support of Ron Paul’s presidential candidacy in 2007, and have multiplied and intensified since the election of our current president.
After Senator Bunning vehemently voiced his opposition to Bernanke’s reappointment as Fed Chairman, Senator DeMint of South Carolina added to the storm of criticism leveled at the Federal Reserve last Thursday, asking tough questions about the Fed’s role in the financial crisis and its interference in the free market. He is also making a bold move to compel Senate leadership to bring S604 to Audit the Fed up for a vote.
The Wall Street Journal executes an effective takedown on socialized medicine:
“Instead of increasing the competition and consumer choice that would result in better value and reduce the annual double-digit cost increases in health spending, ObamaCare will simply expand the status quo and make it more expensive.”
“There is still a chance to move public opinion [...]
U.S. Senate candidate Rand Paul considers term limits essential to improving the way our federal government works.
“Term limits would reverse some of the earmarking process, some of the pork barrel projects that are based on seniority, if you brought people home,” Rand said.
“It’s a big contrast in the Republican primary between me and my opponent. [...]
“You have decided that just about every large bank, investment bank, insurance company, and even some industrial companies are too big to fail. Rather than making management, shareholders, and debt holders feel the consequences of their risk-taking, you bailed them out. In short, you are the definition of moral hazard.”
Another busy weekend will see Dr. Paul coming to Hebron and California, Kentucky. If you’re in the neighborhood, drop by and meet him! There will be a number of events taking place on Saturday, December 5, 2009.
“Today, the United States Senate will begin considering the renomination of Ben Bernanke as Federal Reserve Chairman. If I were there to cast a vote, I would vote no, would vigorously oppose Bernanke’s confirmation, and would have a few questions for the Fed Chairman as the Senate considered him.
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