Obama gives bailout details, market plunges 382 points

From The Washington Post:

Stock markets fell sharply today as the Obama administration detailed its plans for a rescue of the financial system and a long-awaited fiscal stimulus package passed in the Senate.

The blue chip Dow Jones industrial plummeted following a speech by Treasury Secretary Timothy F. Geithner in which he detailed the administration's plan to commit up to $1.5 trillion in public and private funds.

Obama "stimulus" includes federal control of doctor decisions

Betsy McCaughey of Bloomberg reports on a little-known provision in Obama's $1.1 trillion package of welfare transfers and expanded government, a new federal bureaucracy in Washington, D.C. that tracks your health information and can order your doctor to stop treating you:

Obama proposes $9.7 TRILLION in new spending...and rising

Bloomberg financial news reports Monday the current price tag for the array of bailout, welfare transfers and new spending is reaching an astronomical $9.7 trillion.  $700 billion of that is the first Troubled Asset Relief Program pushed by the previous Republican White House.

Russell Roberts on the failed history of "stimulus packages"

When Barack Obama pointed last night to the stimulus packages passed by the Japanese during their 1990s recession, I had to guffaw because they simply didn't work.  Trillions of dollars were spent on explosive government growth that did little to nothing to spur economic recovery, though it did sink the nation into crippling debt.

Russell Roberts, writing for Cafe Hayek, lays out the Japanese experiment.  Click on the link to read it for yourself, the take-home lesson is this:

Press Release

For Immediate Release

Sundwall formally announces campaign


NY LP chair seeks Gillibrand seat

(NYLP press release) ALBANY, NY -- Libertarian Party of New York chairman and small businessman, Eric Sundwall announced on February 10, 2009, that he will seek the 20th Congressional District seat vacated by Senator Kirsten Gillibrand and do the near impossible, run as an independent for a special election.

CBO: Economic slump will end mid-2009

The non-partisan Congression Budget Office reports the current economic slump will end sometime around mid-2009.

Keep in mind Obama himself admits any effect he thinks his government expansion will have on the economy won't take place until 2010 -- well after the slump will end anyway.


New Mexico Libertarian Convention


Start date: 
Friday, April 17, 2009 - 5:00pm
End date: 
Sunday, April 19, 2009 - 10:30am
Time Zone: 


100 Kerry Avenue
Alamogordo, NM


LPNM 2009 Annual State Convention


LP Mississippi 2009 State Convention


Start date: 
Saturday, April 4, 2009 - 12:00pm
End date: 
Saturday, April 4, 2009 - 9:23pm
Time Zone: 


Willie Morris Library
Jackson, MS 39211


The Libertarian Party of Mississippi 2009 State Convention
4 April 2009
Proceedings begin at 12 p.m. (Volunteers welcome to arrive at 11 a.m.
for set-up.)

State officer elections will be held.
Speakers and topics TBA

Willie Morris Library
4912 Old Canton Rd.
Jackson, MS 39211
Phone (601) 987-8181

For additional info:
Rob Andrews, Chair

Stetson University

Organization Name: 
College Libertarians

Contact:  Kristen Warren, president

Facebook: Stetson Libertarians (


School Level: 

Which Libertarian idea most helps your family?

Creating jobs by opening markets and lowering taxes on employers
23% (955 votes)
Local control of schools and more choices for parents
6% (228 votes)
Income tax relief for payers, and simplifying the tax code
36% (1469 votes)
Reducing taxes on your children by eliminating wasteful and unconstitutional spending
29% (1185 votes)
Lowering health care costs through proven market-based reforms
7% (275 votes)
Total votes: 4112


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