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"Cruz in Control"

Posted on Apr. 26, 13 | 08:46 AM by Barney Keller | Topic: Other
(H/T Politico

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Club Vice President Andy Roth is a New Dad!

Posted on Jan. 24, 13 | 08:19 PM by Barney Keller | Topic: Other
Congrautlations to Club for Growth Vice President Andy Roth on the birth of his daughter, Abigail Roth! She's 6lbs, 4oz and both Andy and his wife are doing great. 

Abigail's first question was who she could support in a primary against all the R.I.N.O.'s who have helped saddle her with $52,000 in debt the day she was born. (Actually, she just cried a lot. We still think it was about the debt.)

Tweet your congratulations to @AndyRoth.

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Senator Jim DeMint leaves the Senate for the Heritage Foundation

Posted on Dec. 06, 12 | 10:41 AM by Barney Keller | Topic: Other
Here's the Club for Growth statement:

Washington, DC - The Club for Growth today issued the following statement in reaction to news that United States Senator Jim DeMint is resigning from the Senate to run the Heritage Foundation:

“Senator DeMint has done more to advance the cause of freedom and liberty in Congress than anyone else since his election,” said Club for Growth President Chris Chocola. “Senator DeMint is a champion of economic freedom, a defender of free markets, and one of the strongest allies the Club for Growth has had in the United States Senate. We wish him nothing but the best in his new role at Heritage.”
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Ron Paul's Farewell Speech to Congress

Posted on Nov. 15, 12 | 12:02 PM by Barney Keller | Topic: Other
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What’s so great about moderates?

Posted on Mar. 06, 12 | 02:37 PM by Barney Keller | Topic: Other
Jack Shafer at Reuters has a really good article today about the recent New York Times whining over the departure of RINOs like Olympia Snowe from the Senate:
Could David Brooks, Frank Bruni and Joe Nocera be any more disappointed with the Republican Party? Over the last week, the three New York Times columnists have written op-eds about how miserable the ultra-Republicanness of the Republican Party establishment has made life for moderate Republican officeholders. ...

None of the pieces really makes the case for why a less ideological Republican Party would mean a better Congress or a better country, unless conviviality, the building of congressional coalitions and the steady passage of new legislation are the supreme measures of improvement. Mostly, theTimes op-ed troika transcribed their Christmas wish list, the first item being that they want the Republican Party to become more like the Democratic Party. But you can’t put ideological realignment of the party you oppose on your Christmas wish list. It’s up to the party faithful and the voters to determine what sort of party they will become, right? Liberals like Bruni remind me of an ex-girlfriend of mine who wanted to order her entrée and my entrée when we went out so she could maximize her dining options.

Definitely worth a read.
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Fear of Big Government Nears New High

Posted on Dec. 13, 11 | 04:41 PM by David Keating | Topic: Other
Gallup published a new poll out today with some incredible numbers on a question they have asked for years:

In your opinion, which of the following will be the biggest threat to the country in the future -- big business, big labor, or big government?

The poll found that 64% picked big government as the #1 threat, just one percentage point from the all-time high and higher than in March 2009.

Gallup also notes that "Almost half of Democrats now say big government is the biggest threat to the nation, more than say so about big business, and far more than were concerned about big government in March 2009."
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Heritage Foundation Constitution Quiz Lists Wrong Answers.

Posted on Oct. 05, 11 | 04:23 PM by David Keating | Topic: Other
The Heritage Foundation is out with a heavily advertised quiz on the Constitution.  Unfortunately, the very first question lists all wrong answers!

Here is the question:

With our nation’s pressing debt and looming financial problems, there has been a great deal of talk about the need for a Balanced Budget Amendment. In order to amend the Constitution to make it happen, it would require:
  • Majority vote in the House. Majority vote in the Senate. Presidential signature and 3/4 of state legislatures to ratify it.
  • 2/3 vote in the House. 2/3 vote in the Senate. 3/4 of the state legislatures to ratify it.
  • 3/4 vote in the House. 3/4 vote in the Senate. 2/3 of state legislatures to ratify it.
  • Majority vote in the House. Majority vote in the Senate. Presidential signature and 2/3 of state legislatures to ratify it.
All of the options are wrong.  They need to study Article V of the document.

Error 1:  The States may amend the Constitution, and Congress is not needed.  The States may petition for a convention to draft a balanced budget amendment.

Error 2:  The amendment may be ratified by State conventions, "as the one or the other Mode of Ratification may be proposed by the Congress."
James Madison wrote that Article V "equally enables the general and the State governments to originate the amendment of errors."

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Logging in with Facebook

Posted on Sep. 15, 11 | 03:23 PM by Andrew Roth | Topic: Other
CLUB WEBSITE USERS:  The "Login with Facebook" button on the Club's website has been buggy lately.  Our website guy says that something has changed on Facebook's end to cause this problem.  While he tries to fix it, you might have to click on the button twice for it to work.
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Amodei and Turner Added to CFG Power Ranking

Posted on Sep. 15, 11 | 10:58 AM by Andrew Roth | Topic: Other
Mark Amodei (NN-02) and Bob Turner (NY-09) were sworn into the U.S. House of Representatives this morning.  They have been added to the CFG Power Ranking.

There are now 242 Republicans, 192 Democrats, and 1 vacancies (Wu of Oregon) in the U.S. House.

Member Comments (0) Add a Comment You're Gonna Pay

Posted on Jul. 31, 11 | 09:27 AM by Barney Keller | Topic: Other
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Remember When Tim Geithner called Pat Toomey's Debt Plan "Unworkable"?

Posted on Jul. 28, 11 | 10:09 AM by Barney Keller | Topic: Other
Remember when Tim Geithner called Senator Pat Toomey's Full Faith and Credit Act "Unworkable"? Looks like it's workable now...

The Wall Street Journal
Treasury crafts a plan: Who gets paid, who doesn't 
By Damian Paletta 
July 28, 2011
The Treasury Department will detail how it will handle the government's 100 million monthly payments if Congress doesn't raise the federal debt ceiling, pulling back the curtain on a closely held plan that could have dramatic consequences for the economy, the U.S. credit rating and America's political standing.
The Obama administration hopes such decisions—who gets paid and who doesn't—can be avoided if a deal to raise the borrowing limit by Aug. 2 is reached, but time is running out. White House officials still haven't decided when to release the plan and could reverse course if there is progress in the debt talks.
If market turmoil worsens this week, however, the administration could unveil its intentions in the next few days. Treasury is expected to say, among other things, that it would have to scale back debt auctions if the ceiling isn't raised, people familiar with the matter said. But officials wouldn't provide any details of its plans.
The Federal Reserve is expected to play a key role in any plan Treasury might activate, but the central bank has warned it doesn't have special tools to rescue the government. The Fed could instead be relied on to try to calm financial markets by making sure banks have enough cash to keep operating.
Wall Street officials believe Treasury will restructure the way it pays bills so that all bondholders, including foreign governments such as China, are given priority, so that the country doesn't default on its debt obligations—something even Greece has been able to manage.

Terry Belton, global head of fixed-income strategy at J.P. Morgan Chase & Co., said he believed there is "virtually a zero chance" that a bond default will occur, even if the debt ceiling is not raised by Aug. 2.

"The Treasury has other things available to them that are all quite disruptive but are better than missing an interest payment," he said. Paying bondholders before Social Security recipients, for example, would likely spark political outrage and could lead to lawsuits and market disruption, including a potential downgrade of U.S. debt by credit-ratings firms.

The administration is under increasing pressure from bondholders, senior citizens, lawmakers, and others to say how it will prioritize payments. Detailing its plans could be a move by the Treasury to stem growing uncertainty in financial markets about what could happen next week, but it could also open it up to political second guessing and might spark the crisis it is designed to avoid.

Federal regulators will soon give banks new guidelines for how to operate if the debt ceiling isn't raised and could ask them to work with customers to avoid overdraft fees if certain federal benefits are suspended. 

The administration believes it will lose the ability to borrow more money if the debt ceiling isn't raised, and the Treasury is expected to radically contract its payments after Aug. 2 to conserve cash for as long as possible. The Bipartisan Policy Center, a Washington think tank, estimates the Treasury will run a deficit of about $130 billion in August and likely won't have the cash to cover all of its obligations.

Top administration officials have met for weeks to hash out plans to operate the government after Aug. 2, but they haven't disclosed any of their strategies. Details have been circulated only among a close-knit group of officials, including President Barack Obama, Treasury Secretary Timothy Geithner, and a group of Geithner confidantes at the Treasury Department.

Two key lieutenants are Mary Miller and Matthew Rutherford, both experts in debt markets. Mr. Rutherford has been a close adviser to Mr. Geithner since they worked together at the Federal Reserve Bank of New York. Ms. Miller is a financial-market expert who spent 26 years at T. Rowe Price Group Inc.

Former administration officials say there is no simple answer for how Mr. Geithner's team might navigate such a situation, and that prioritizing some government payments over others would be a technical and logistical nightmare. Many payments are computerized and it isn't clear that systems could be reprogrammed in time.

In recent days, administration officials have described decisions that they could have to make after Aug. 2 as "unthinkable."
"So what do you say? Who do you pay? That's an impossible situation that this country has never faced, and should never face if Congress does what it was elected to do and does its job," said White House spokesman Jay Carney.

Sen. Orrin Hatch of Utah, the ranking Republican on the Senate Finance Committee, asked Mr. Geithner to specify by 5 p.m. Thursday what plans Treasury had to pay its bills if the ceiling isn't raised. 

He also asked the Treasury to give details of how much money it expected to bring in and spend between the end of July and the end of August—something it hasn't done.
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