government spending

Conservative Counter Rally Today In Charlottesville While Obama Brings His Act For Perriello

While many Virginians are worried about the economy, their jobs, the country's third-world-like debt, and the mountainous problems facing the country, Barack Obama is going on Comedy Central's Daily Show With Jon Stewart. Now, he's bringing his routine to the stage . . . in Charlottesville today to tell the good people of the fifth Congressional district  to re-elect one of his biggest enablers, Democrat Congressman Tom Perriello. (It's not the first time he's brought his brand of humor to Virginia in recent weeks, either.) But if you are in the area or want to break for an early weekend, you can go to Mr. Jefferson's hometown for another reason: At 4:00 at Charlottesville's Lee Park, located downtown at the intersection of 2nd Street NE and Market Street, there will be a counter rally sponsored by Americans For Prosperity's Virginia chapter. AFP national President Tim Phillips and other noteworthies will speak.

Mr. Obama repeatedly has disparaged political opponents since taking office, recently asking Hispanic voters to "punish enemies." He has accused organizations such as the Chamber of Commerce of illegal activities, with no evidence, and said others, such as AFP, are bought and paid for by foreign campaign contributions (see Jake Tapper's ABC News Political Punch blog) .

Desperation, indeed. Here's an opportunity for Virginians to show the president and Mr. Periello that Virginians have an honest and profound difference with them on their massive government intrusion into private enterprise, and their incomprehensible government spending, taxing and debt. We hope, but are not expecting, an honest discussion from the president and the congressman.

November Is Coming, Starting Tomorrow, To Virginia

Conservative grassroots activism has never been greater nor more effective than over the last year-and-a-half. Tea Parties, town hall meetings, anti-government-run health care rallies and other events in localities as well as in Washington, D.C., have grabbed the media spotlight, dominated the political debate, sent powerful messages to the big spending politicians, and reshaped and re-energized the conservative movement. Now is not the time to let up. Tomorrow and Friday, our friends at Americans For Prosperity are bringing their November Is Coming bus tour to the commonwealth. Per AFP:

While politicians in Washington are hoping voters are asleep at the wheel, they are trying to hide their big-government spending policies from the public and pass them with ease. Government spending has grown out of control under the current leadership in Congress . . . may soon vote on job-killing cap-and-trade policies against the outspoken voices of millions of Americans. Daily, big government power grabs by the Obama/Pelosi/Reid machine continue.

We must tell Congress very clearly that if they keep voting YES on big government programs, we will vote NO on their re-election this November! We need to tell these big-spending liberals in Washington . . . that "November is coming"!

Here is the November Is Coming bus tour schedule. We hope you can attend one of its stops.

Thursday, September 9:

Charlottesville: 8:30 a.m., Albemarle County Administration Building, 401 McIntire Road

Lynchburg: 11:30 a.m., Liberty University Dining Hall Parking Lot, 1971 University Boulevard

Rocky Mount: 3:00 p.m., Franklin County Courthouse, 275 South Main Street

Danville: 5:30 p.m., Danville Courthouse, 401 Patton Street

Friday, September 10:

Abingdon: 8:00 a.m., Virginia Highlands Community College Higher Education Center, 1 Partnership Circle

Wytheville: 10:15 a.m., Wytheville Courthouse, 225 South 4th Street

Roanoke: 12:30 p.m., Roanoke City Municipal Building, 215 Church Avenue

Follow The Smart Money: Falling Obama Popularity And Political Rebuff Reflected In Stock Market Rise?

Kent Engelke is the chief economic strategist and managing director at Virginia-based Capitol Securities Management, and is one of the most quoted market experts in the country. His forecasts largely get it right. I get his daily Early Morning Commentary and today's had some compelling statistics that should alarm everyone. People, take heed. Using the stock market as the predictor it is, he asks why equities have experienced a rally of late. He posits a theory that investors think socialized medicine will not occur. He cites President Obama's own economic team's warnings of financial disaster if the deficit is not reduced substantially. (Of course, they always say that and spend and tax and print money anyway.)

But take this with more than a grain of salt:

The 2009 fiscal deficit was an astounding $1.4 trillion as spending increased from $3 trillion to $3.5 trillion while tax revenue fell from $2.5 trillion to $2.1 trillion. The debt is now at $12 trillion and is expected to grow by another $9 trillion over the next decade. [Dow Jones]

CBO is estimating spending on Medicaid and Medicare will grow over $700 billion over the next 10 years while health care legislation is conservatively estimated to add another $900 billion to the deficit. [Dow Jones]

But most alarming is this:

Incidentally and as per the Organization of Economic Corporation and Development today 42% of U.S. GDP is comprised of federal, state and local spending. Wow! We all know the efficiency of the government.

Mr. Engelke doesn't pontificate political often in his writings, so a letter devoted almost exclusively to our current situation is remarkable. He also notes that since the Obama administration, by general agreement (and even Saturday Night Live) "is steep in hype but low in accomplishments" and asks rhetorically whether the stock  market rally suggests "a backlash in government spending, perhaps even a reduction, because the President’s approval ratings are plummeting?"

According to the Rasmussen Report:

40% strongly disapprove of the president’s job performance. 27% strongly approve. Overall 47% approve of his actions while 53% disapprove, the second lowest ratings for this President. Fifty four percent oppose health care legislation while 42% approve it.

When a normally non-plussed and widely respected market strategist and economist goes to this length, something is up. The stock market often is an indicator of things not only financial, but societal, technological and political, among other trends. Looking at it strictly from a personal stock-holdings point of view doesn't paint the entire picture. You know what they say: Follow the money. Especially if it's smart money. Expect political changes shortly.

Three Proposed Constitutional Protections From Government In Senate Committee Tomorrow Afternoon!

Thursday, we let you know about three important proposed constitutional amendments that passed the House and now are on the way to the Senate. You never know about the pace of the General Assembly, especially right after crossover, so guess what? All three of those CAs incredibly important reforms are on the docket tomorrow, at 4:00 p.m. in the Senate Privileges and Elections Committee.  Please contact members of the committee and voice your support for these constitutional amendments (see committee here), as soon as possible, up to early afternoon tomorrow. Remember, if these proposed amendments fail, it may be another two years before we can even get the process going again.

All three of these proposed amendments to Virginia's Constitution have something in common: Protection. Protection from eminent domain, the government taking your or a friend's private property, whether commercial or residential; protection from profligate government spending — a taxpayers' bill of rights, so to speak (necessary when Virginia's budget has grown 80 percent during the last 10 years); and protection from mismanagement of our dedicated transportation funds.

Here's a summary of the three:

HJ 725, patroned by Delegate Rob Bell (R-58, Albermarle) would provide protection from the government's power of eminent domain, and protect the 2007 law protecting private property rights from tampering by future General Assemblies. That law was a reaction to the deplorable U.S. Supreme Court Kelo decision, which allowed a local government to take private property and give it to developers. Just as the Marriage Amendment was needed to protect Virginia's marriage statutes, the 2007 private property law needs constitutional protection. This session alone has seen two bills (HB 1671 and SB 1094) that would have weakened it (we were able to amend them into acceptable bills). So it is obvious this constitutional protection is needed.  

HJ 789, patroned by Delegate Manoli Loupassi (R-68, Richmond) would limit spending to the preceding year's total appropriations plus an amount equal to the percentage increase of inflation plus population growth. It makes exceptions to provide tax relief, deposits to the "Rainy Day Fund" and nonrecurring capital projects. With state spending increasing more than 80 percent over the last 10 years, we need this constitutional protection from the big spenders in Richmond. What family budget has grown that much that fast?   

HJ 620, patroned by Delegate Glen Oder (R-94, Newport News), is another protection against greedy government big spenders. It would put all tax revenues designated by law for transportation in a "lock box" so that they cannot be spent on earmarks, pork or for other areas of the budget, only for the big spenders to claim they need more money for transportation. When campaigning for governor, Governor Tim Kaine said he wouldn't raise taxes until the "Transportation Lock Box" was in place. Of course, he rescinded that promise only a few hour after being sworn in.       

So, please contact the committee members as soon as possible and ask them to vote for these constitutional amendments tomorrow in the Senate Privileges and Elections Committee.

Just One Question

Hours away, now, from the much hyped Special Tax Session. So, before it begins, just one question:

Before we go taxing hard-working families struggling with high gas and food prices and economic uncertainty, before the government requires us to cut our family budgets because it won't prioritize its own budget (where spending has increased 50 percent in five years), shouldn't Governor Kaine (contact here) and the General Assembly (contact here) first spend the $400 million from last year's transportation plan that wasn't repealed or declared unconstitutional?

Just askin' is all.