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LetFreedomRingUSA.com E-news
Tuesday, March 31, 2009
www.LetFreedomRingUSA.com
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News:
(1 of 10)
An Economic Wake-Up Call, by Colin Hanna
Too many Americans are turning a blind eye to the seriously radical agenda that President Obama is unfolding, motivated by their wholesome and patriotic desire to let the new President enjoy the benefit of all doubts. However, the Obama team’s decision to push the envelope of the honeymoon period by front-loading an unprecedented number of truly extreme proposals demands that we engage in critical thinking and not just sentimental forbearance. Yesterday, a series of such radical proposals was unveiled proposing an extraordinary restructuring of not only our financial system but more broadly our entire economic system. It struck me as the kind of wake-up call that we simply cannot ignore, and yet it appears from the morning-after news coverage in the major national newspapers that we are doing precisely that.
The plan is at once revolutionary and destructive by proposing that the federal government should assume new powers to regulate and even to take over and manage vast portions of the private sector. Here are some aspects of the plan that should shock anyone who treasures market-based economic freedom:
Read the full article online...
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(2 of 10)
Administration Seeks Oversight in Executive Pay, NY Times Article
The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.
The outlines of the plan are expected to be unveiled this week in preparation for President Obama’s first foreign summit meeting in early April.
Officials said the proposal would seek a broad new role for the Federal Reserve to oversee large companies, including major hedge funds, whose problems could pose risks to the entire financial system.
It will propose that many kinds of derivatives and other exotic financial instruments that contributed to the crisis be traded on exchanges or through clearinghouses so they are more transparent and can be more tightly regulated. And to protect consumers, it will call for federal standards for mortgage lenders beyond what the Federal Reserve adopted last year, as well as more aggressive enforcement of the mortgage rules.
The administration has been considering increased oversight of executive pay for some time, but the issue was heightened in recent days as public fury over bonuses spilled into the regulatory effort.
Read the full article online...
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(3 of 10)
Obama Food Policy May Mean End of Farmers Markets, Family Farms
President Barack Obama made some foodies’ hearts melt on the campaign trail by referring to writer Michael Pollan, who has helped spark a revival in local, unprocessed food. But Obama’s push for strict new federal food-safety regulations could drive organic food and farmers markets into the back alleys.
The Food Safety Modernization Act, touted as a consumer protection bill, is backed by the giants of the affected industries, such as General Mills and the National Restaurant Association, while posing possibly lethal threats to smaller market players like family farms and local produce.
Last Saturday, Obama dedicated his weekly radio address to food safety, declaring “there are certain things only a government can do, and one of those things is ensuring that the foods we eat… are safe and don’t cause us harm.”
Obama didn’t specifically back any legislation, but his words gave momentum to House and Senate bills that would expand federal control over farms—or, as the House bill, HR 875, calls them, “food production facilities.” Rep. Rosa DeLauro, D-Conn., is the sponsor of HR 875, the “Food Safety Modernization Act.” Sen. Dick Durbin, D-Ill., has introduced a similar measure in the upper chamber.
Both measures would ramp up federal inspection of farms, impose reporting requirements on farmers, and dramatically lower the threshold at which the federal government can seize food it believes could make people sick.
Read the full article online...
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(4 of 10)
Here's to You, Mr. Jefferson, by Mike Church
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(5 of 10)
Health Reform "Public Plan Option" Equals More Taxpayer Bailouts
As President Obama lays out his budget over the next few weeks, no area will likely be more contentious than health care. At his press conference on March 24th, the President admitted, “the biggest driver of long-term deficits are the huge health care costs”.
The President is right: long-term health care costs have the potential to cripple our economy.
Republicans and Democrats alike in Congress, however, should take a deep breath and look around.
The American people are saying enough to reckless bailouts, enough to spending our children’s and grandchildren's future, enough to creating new government spending programs that will, however well-intentioned, cost more than the rosy projections splashed across our televisions, computers, and newspapers.
Read the full article online...
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(6 of 10)
Petition Against Obama at Notre Dame Skyrockets Past 221,000 Signatures
As of Tuesday afternoon, over 221,000 signatures have poured into an online petition launched Friday, 3/20/09, by the Cardinal Newman Society (CNS). The petition opposes Notre Dame's honoring President Obama with an invitation to offer the commencement address and receive an honorary law degree on May 17.
CNS introduced the petition on a new web site dedicated to the scandal, http://www.notredamescandal.com, almost immediately after the White House and Notre Dame's web site simultaneously broke the news on Friday afternoon that Obama had accepted the invitation. Since then, the petition has gathered signatures at lightning speed, averaging 1,000 new signatures every 15 minutes.
Read the full article online...
For additional articles, see PAPastors.net.
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(7 of 10)
Fifth Anniversary of the Unborn Victims of Violence Act
There is an important legislative anniversary today that could easily be overlooked: the fifth anniversary of the passage of the Unborn Victims of Violence Act, one of the most significant pieces of pro-life legislation to come out of Congress since the Supreme Court’s tragically flawed decision in Roe v. Wade.
It was the result of a five-year effort by the National Right to Life Committee and its allies in the pro-life movement and probably would not have made it through the legislative process without the leadership of former U.S. Rep. Melissa Hart and former U.S. Sen. Rick Santorum, both of Pennsylvania. To some degree, their principle stands on behalf of the bill and the victims that it protects may have cost them their seats. They deserve recognition as heroes who were willing to pay the ultimate price for elected officials, namely defeat in the cause of justice.
The bill established for the first time that if a “child in utero” is injured or killed as a consequence of a federal crime of violence against its mother, then the assailant may be charged with a separate offense on behalf of the unborn child in addition to the offenses related to the attack on the mother.
Read the full article online...
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(8 of 10)
New Facebook Group for Sharing information on Constitutional Government, Economic Freedom and Traditional Values
Possibly you're new to Facebook...or you have not heard of Facebook yet? Facebook is a "social networking" site, one of the most visited sites on the Internet (the fifth most popular site online: after google, yahoo, youtube, live.com). It's a great site for connecting with friends and business associates.
How it works: set up a profile and search for friends and business associates to add to your network. The site provides many tools for helping locate friends and business contacts, to expand your network. The site also provides news updates about what your friends and contacts are up to. Sounds simple enough...but the site is a very helpful tool for networking and staying in touch with family, friends and business associates.
Facebook also provides the ability to set up groups to promote causes online. We've set up a group for sharing information on Constitutional Government, Economic Freedom and Traditional Values and connecting with friends and business associates...Let Freedom Ring USA. We're sending this e-newsletter out to our members to encourage you to join the group and help promote advancements in the conservative movement in America.
If you have not signed up for Facebook, you will need to create a profile before you can join the group: www.facebook.com. If you already have an account with Facebook, here's the link to join the group: www.facebook.com/group.php?gid=40331562149
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(9 of 10)
Stimflation: Guess the Upcoming Inflation Rate Contest - Cash Prizes for the Winners!
America's INFLATION Stimulus Bill
What will the Stimulus Bill stimulate? INFLATION!
Guess How Bad it Will Be... Up to $200,000 in prizes will be awarded!
If you believe that the unprecedented spending increases in the Obama Administration's Stimulus, Housing and Banking proposals will result in a substantial increase in our inflation rate, then here’s a way to cash in even while your pocket is being picked: participate in our inflation rate contest! Enter your best estimate of the inflation rate for each of the next four years. Winners will each receive a $10,000 prize!
Winners will be contacted by phone and mail. Please make sure that information is accurate! Only one entry per person.
Link to Stimflation - Guess the Upcoming Inflation Rate Contest:
http://www.stimflation.com or
http://www.LetFreedomRingUSA.com/financial-conservative/stimulus-bill/stimflation-guess-the-upcoming-inflation-rate-contest.htm
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Colin Hanna, President
Let Freedom Ring, Inc.
Ph: 610-793-1800
Fax: 610-793-1415
2207 Concord Pike
Wilmington, Delaware 19803-2908
http://www.LetFreedomRingUSA.com
Promoting Constitutional Government, Economic Freedom and Traditional
Values
LetFreedomRingUSA.org is a 501c(4) organization fully supported by contributions from the public.
Thank you for supporting our efforts to promote constitutional government,
economic freedom, and traditional values!
