Defend Free Enterprise Gary Bauer 03 27 09

Friday, March 27, 2009

To: Friends Of Free Enterprise

From: Gary L. Bauer

Defend Free Enterprise

This is the first issue of our new weekly report dedicated to defending free enterprise, capitalism and the entrepreneurs and business people who are the backbone of America’s economic success. They need defending because Washington, D.C., is currently controlled by politicians and bureaucrats who are using our economic and financial crisis as an excuse to push European-style socialism, raise taxes on our most productive citizens and grow the size and power of the federal government. In the process they are burying us and our children under massive amounts of pubic debt that inevitably will weaken and devalue our currency.

The anti-free enterprise juggernaut is fueled by a media establishment that displays more anger and hatred of American business than it does of America’s enemies. In addition, segments of the public experiencing deep financial anxiety and rising unemployment are very susceptible to raw class warfare rhetoric. There are no shortages of politicians willing to stoke those flames. There have always been populist demagogues. But today we are witnessing a new change in public discourse with the advent of “professional” leftwing agitators committed to turning public anger against investors, business owners, entrepreneurs and successful Americans, without whom there can be no economic recovery or long-term economic growth.

If you are an employer, entrepreneur, investor or simply an American who hopes to achieve the American Dream, it is essential for you to organize and take a stand now. There are millions of you. Together you can be a formidable force to stop the dead hand of Big Government socialism from being imposed on our country.

In these weekly reports, we will do our best to provide you with the facts and arguments you need to defend your business and your values.

Facts You Can Use

If we are going to stop the power grab by Washington’s bureaucrats and politicians, it is essential for us to have the facts. You can share these reports with co-workers, employees and in letters to your local newspapers.

# President Obama’s federal spending this year will top $4 trillion. That is over 28% of our entire gross domestic product (GDP). This is the highest level since World War II.

# President Obama has proposed $1.9 trillion in additional taxes on small businesses, capital gains and income. Raising taxes when the economy is weak is the opposite of what is needed to stimulate economic growth.

# If President Obama’s budget is passed, he will add $9.3 trillion to the national debt, doubling it in six years and nearly tripling it in 10 years, according to the Congressional Budget Office (CBO).

# Senator Judd Greg of New Hampshire, who strongly considered becoming Secretary of Commerce in the Obama Administration, says that the Obama deficits are “unsustainable” and will bankrupt the country.

Here’s a brief video of Rep. Paul Ryan of Wisconsin pleading with moderate-to-conservative “Blue Dog” Democrats in the House to oppose Obama’s budget.

TAKE ACTION: Please call 202-224-3121 and urge your senators and representative to oppose the outrageous spending in this budget. And please encourage others to do so as well.

How To Ruin An Economy

Virtually every solution being offered by the Obama Administration and supported by liberals in Congress is bad for our long-term economic health.

# The president has proposed tax cuts for some families that work out to about $12 a week. To pay for those cuts, he is proposing raising the top marginal tax rate to 39%, increasing capital gains taxes, increasing taxes on self-employment income and limiting tax deductions for mortgage interest and charitable gifts.

# He has proposed spending that in just a few years would increase the federal debt more than the entire debt accumulated in our nation’s history from George Washington to George W. Bush.

# He is proposing a series of new energy taxes, which would hit the American heartland and Midwest particularly hard. Companies most impacted will be utilities and manufactures. Initial public estimates indicated that the new “cap and trade” fees will bring in $650 billion – another big hit to American industry. But a top White House economic advisor recently told Senate staffers in a closed meeting that they could raise as much as $2 trillion!

The Anti-Business Juggernaut

We closely monitor Congress, the federal agencies, the White House and courts. In 35 years in Washington, I have not seen an environment more hostile to business and free enterprise and more poisoned by class warfare. Here are just a few proposals being discussed by legislators/politicians, as well as other disturbing developments.

# Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee, has suggested regulating all corporate pay, not just the salaries of executives in companies that have accepted taxpayer money through TARP.

# Senator Dick Durbin (D-IL), the second highest-ranking Senate Democrat, is drafting legislation designed to encourage candidates to spurn campaign contributions from corporate political action committees in favor of public financing. Meanwhile, organized labor is pushing hard for “Card Check” legislation that would make it much easier to unionize businesses.

# Labor unions and community groups like ACORN (the group under investigation in multiple states for voter registration fraud last year), have been sending bus loads of demonstrators to the homes of business executives to intimidate and harass them and their families.

# Brave congressmen who have voted against massive new debt and higher taxes are being targeted in their home districts with multi-million-dollar ad campaigns paid for by a variety of leftwing socialist groups in an effort to smear them, driving down their public approval ratings.

# An increasing number of leftwing politicians, including President Obama, are now openly saying that government should use its power to take money away from successful Americans and redistribute it to various political constituencies.

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End Of Day Report Gary Bauer 03 25 09

Wednesday, March 25, 2009

To: Friends & Supporters

From: Gary L. Bauer

What Was That?

Last night, President Obama held a nationally televised White House press conference in prime time to discuss the state of the nation’s economy. Given the extent of the economic crisis and the serious challenges confronting the nation, the president probably should be holding a lot of press conferences. I think this was his second. Unfortunately, the president said very little last night that was new or different from what he has been saying for the past 60 days.

What did catch my attention, however, was the president’s absolute commitment to raising taxes. When pressed to explain his desire to limit deductions for mortgage interest and charitable contributions, President Obama responded:

“I think this was a good idea. I think it is a realistic way for us to raise some revenue from people who benefitted enormously over the last several years. …They’ll still be well-to-do. And, you know, …in some cases those who are more fortunate are going to have to pay a little bit more.”
You’ll notice there’s no discussion of cutting government spending. Instead, the president says folks who have “benefitted” are “fortunate,” as if they won the lottery. I know many business owners consider themselves fortunate, but I also know they worked very hard to get where they are today. And that hard work does not deserve to be punished by Big Government because Barack Obama thinks some people “benefitted” too much from their own effort.

We’re hearing a lot about greed these days from Obama and liberal Democrats in Congress. During the campaign, candidate Obama criticized as “greedy” folks who objected to his tax hikes. What about the envy of Big Government? If you’re “fortunate” enough to be “well-to-do,” Obama wants to punish you by raising your taxes. And if you’re generous with your money, he’s going to punish you again by limiting your charitable deductions!

By the way, the president’s thin skin was on full display last night – you may have noticed that the TOTUS wasn’t there. What’s that, you ask? Teleprompter Of The United States. Sensitive to the criticism of his “crutch,” President Obama opted to trade in the TOTUS for the “Obamatron” – a jumbo flat screen TV in the back of the room.

But don’t worry — TOTUS is doing fine and has recently launched a blog to keep you posted on daily events. You can check out the latest TOTUS postings here.

Is That it?

A recent Pentagon report looked around the world to identify the countries at the greatest risk of collapsing, thereby creating the greatest risk to the United States. Two nations topped the list. The first was Pakistan — an unstable nation with a large radical Muslim population; it borders Afghanistan; some of its territory is a safe haven for Taliban and Al Qaeda terrorists; it has bad relations with its neighbor India; and it possesses nuclear weapons.

The other nation that attracted the Pentagon’s concern was Mexico. Yes, the deteriorating situation south of the border has gotten so bad that the Pentagon recently warned that we should begin planning for the “sudden collapse” of the Mexican state. Eight thousand people have been killed in the past two years as the Mexican government has fought to reclaim whole cities and towns from vicious drug lords. Hundreds of people have been beheaded.

The situation is spilling over the border. Phoenix, Arizona, is the now the kidnapping capital of America. Arizona’s Attorney General testified before Congress last week, begging for help and warning, “The threat posed to American communities from this trafficking cannot be overestimated.” Texas Governor Rick Perry has requested 1,000 National Guard troops be sent to the border.

What is Washington doing? Yesterday, Homeland Security Secretary Janet Napolitano announced a “very robust movement of personnel” — about 350 people, many of them analysts and liaison officers, but no troops. Meanwhile, the Justice Department has launched a civil rights investigation against Maricopa County Sheriff Joe Arpaio, who has been aggressively enforcing immigration laws.

I wonder how much of the “stimulus” bill’s infrastructure money was directed for the border fence.

Culture of Corruption

Democrat Charlie Rangel, chairman of the House committee that writes our nation’s tax laws, is in so much trouble for evading taxes that the liberal New York Times has called on him to step down. It seems that Rangel has been sharing some tips with his Democrat buddies on the Ways and Means Committee.

Several media reports in recent days have noted that Rep. Pete Stark (D-CA), the second highest ranking Democrat on the Ways and Means Committee (whose members write our tax laws), very likely has been claiming tax credits that he is not entitled to.

While holding a California driver’s license, being registered to vote in California and representing California’s 13th Congressional District, Stark has been claiming a $3,800 homestead tax credit on his $1.6 million mansion in Anne Arundel County, Maryland. The Los Angeles Times reports that Maryland authorities recently revoked a tax break that Rep. Eliot Engel (D-NY) had been claiming on his Maryland home.

Once again we see why liberal Democrats love higher taxes – they don’t pay them!

But here’s the real outrage of the day. According to the Washington Times, the Democrat Senatorial Campaign Committee is still holding on to $100,000 in campaign contributions from convicted conman Bernie Madoff.

While the government is frantically trying to recover Madoff’s assets, while thousands of individuals and charities are struggling to rebuild from the wreckage of Madoff’s Ponzi scheme, while liberal politicians are demanding AIG workers return legally contracted bonus money that they earned and voting for confiscatory taxes on legally contracted bonuses, the Democrat Senatorial Campaign Committee is keeping Madoff’s stolen loot!

Call the Democrat Senatorial Campaign Committee at (202) 224-2447 and demand the Democrats return Madoff’s money.

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