Suit Goes To Bat For Future Taxpayers [1986]

"A lawsuit supported by the National Taxpayers Union and two state attorney generals has been filed on behalf of 60 million children, charging that deficit spending benefits today`s adults at the expense of youth who will have to bear the future burden. The novel suit names Treasury Secretary James Baker as the defendant, and it seeks to enjoin Baker from issuing any new instruments of federal debt except in certain instances and to compel the establishment of a schedule to reduce the deficit. It also argued that by forcing children to assume responsibility of debts now incurred by fiscally irresponsible adults, children are being denied equal protection of the laws under the 5th Amendment." Continue reading

Continue ReadingSuit Goes To Bat For Future Taxpayers [1986]

Hidden Erosion of Corporate Worth Since U.S. Abandoned Money

"For 173 years, the United States used money as a medium of exchange. In 1965, it switched to using a floating accounting unit. This change coincided with a dramatic yet hidden reversal in the net trend of worth for U.S. corporations. The shift to fake money in 1965 just happens to coincide with the year that divides the long term trend of corporate worth in the United States from mostly up to mostly down. This chart reveals the breathtaking rise in total U.S. corporate worth during the money period and exposes the stunning net destruction of U.S. corporate worth since the start of the non-money period." Continue reading

Continue ReadingHidden Erosion of Corporate Worth Since U.S. Abandoned Money

Passed in Missouri and to the Voters: Bill to Protect Electronic Communications and Data

JEFFERSON CITY, Mo., May 16, 2014 –  Legislation to protect electronic communications and data was given final approval by the Missouri State Senate today. Because it is a proposal for a state constitutional amendment, it will now bypass the Governor’s desk, instead going directly to the People on the ballot this November. When proponents of…

Continue ReadingPassed in Missouri and to the Voters: Bill to Protect Electronic Communications and Data

Lost to the federal siren song

Every now and then, I get an email from someone announcing their new campaign for congress. They’re always quite excited – letting me know how much they’re going to accomplish. Generally, I laugh this off as ignorant, or just grandstanding. But, when I get that same email from someone already elected on a state-level who…

Continue ReadingLost to the federal siren song

To the Governor’s Desk: Missouri legislature passes bill to withdraw from Common Core

Both chambers of the Missouri legislature gave final approval today to a bill to end the state’s involvement in the Common Core educational standards. The bill will now go to the Governor's desk for a signature

Continue ReadingTo the Governor’s Desk: Missouri legislature passes bill to withdraw from Common Core

Tennessee Governor signs bill to effectively nullify federal hemp ban

NASHVILLE, May 15, 2014 – Yesterday, Tennessee Gov. Bill Haslam signed a bill which some supporters consider the strongest pro-hemp legislation in the country. House Bill 2445 (HB2445), introduced by Rep. Jeremy Faison (R-Cosby), would mandate that the state authorize the growing and production of industrial hemp within Tennessee, effectively nullifying the unconstitutional federal ban on…

Continue ReadingTennessee Governor signs bill to effectively nullify federal hemp ban

CA Senate committee passes bill to ban warrantless drone surveillance

SACRAMENTO., May 15, 2014 – A California bill to strictly limit drone use passed out of an important state senate committee this week, and is now slated to receive a vote from the full senate. The bill had previously passed through the state assembly by a 63-6 vote. AB1327 would ban law enforcement agencies in California from using…

Continue ReadingCA Senate committee passes bill to ban warrantless drone surveillance