Wednesday, November 24, 2010

Weekly Newsletter - Lame Duck

Below are our current Lame Duck successes:

-S3815 the Natural Gas and Electric Vehicles Bill was withdrawn by unanimous consent
-Appropriations Omnibus was rejected (CR expires December 3) The budget will be extended through some form of CR (CR=Continueing Resolution) (Ask your Representatives to reduce this by a percentage)
-Unemployement Insurance was rejected in the House.

We must defeat or minimize the damage from the following.

- The DREAM Act - Amnesty for illegal immigrants beyond current military process of becoming a US Citizen - Send a Free Fax to Sen. LeMieux http://southfloridateaparty.net/content/stop-amnesty-send-free-fax-sen-lemieux

-Allow to expire all the Stimulus in all its forms including the Build America Bonds program. Be aware of the impact on profligate local and State governments and make adjustments where appropriate..http://online.wsj.com/article/SB10001424052748704648604575620610837699250.html?KEYWORDS=muni+federal+program

- TANF (expires December 4th) http://en.wikipedia.org/wiki/Temporary_Assistance_for_Needy_Families
This is what was added http://economic-legislation.blogspot.com/2010/10/tanf-emergency-contingency-fund.html by the Stimulus and must end.

- FAA (Expires December 31st) Reduce TSA funding - Ask your Senator/Congressman to revert TSA back to contractor status, metal detectors, profiling and dogs. It's less stressful;. costs less and more effective. Body scanners are a law enforcement tool for terrorists and smugglers. I am unconvinced the reduction of terrorism off sets the health and legal concerns.

- FDA Food Modernization Act - Will add more government control over food supply. http://www.govtrack.us/congress/bill.xpd?bill=s111-510&tab=summary

- FCC Net Neutrality - a threat to free speech through regulation not legislation http://blogs.wsj.com/digits/2010/05/06/how-the-fcc-plans-to-regulate-internet-lines/

- The Paycheck "Fairness" Act - A threat to Free Markets and extends government's role into hiring and pay. http://www.govtrack.us/congress/bill.xpd?bill=h110-1338

- Quantitative Easing - Defend your purchasing power by asking your Representatives to stop Quantitative Easing. I can't stress the importance of telling DC to stop messing around with the values of our currency. http://www.businessweek.com/news/2010-11-08/china-says-fed-easing-may-flood-world-economy-with-hot-money-.html

This monetary easing is preventing recovery by devaluing the growth in savings and preventing self-reliance, investment at real market values and job creation. This Fed tactic makes all things in America more affordable to the rest of the world while pricing us out of the market because of supply and demand and a weak dollar for imports like coffee. We need to become more competitive rather then devalue everything we make and own, including our energy and food resources. Withdrawing taxpayer money from the market, paying down debt and contracting the monetary base will help to insulate the market from hyperinflation when real market demand growth occurs. We need market equilibrium and better market regulation, tax and oversight to increase adaptation, innovation and market efficiences. We need the correction in Housing that the Fed is trying to prevent from the government manufactured bubble. The Fed says this is a liquidity crisis when consumer demand is weak. The only form of real market recovery is thru the deleveraging and savings being built by the American people.


http://www.southfloridateaparty.net/content/weekly-newsletter-lame-duck

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