Free legal clinic available again this Wednesday, Apr. 1 from 2 – 4 p.m. Share this post with someone you know that may need help. See flyer for details: www.adcogov.org
This is the story of how the new global economy was born, a century-long battle as to which would control the commanding heights of the world’s economies — governments or markets; the story of intellectual combat over which economic system would truly benefit mankind; the story of epic political struggles to implant those ideas on the nations of the world.
For more than half a century the battle of ideas will rage. From the totalitarian socialist systems to the fascist states, from the independent nations of the developing world to the mixed economies of Europe and the regulated capitalism of the United States, government planning will gradually take over the commanding heights.
But in the 1970s, with Keynesian theory at its height and communism fully entrenched, economic stagnation sets in on all sides. When a British grocer’s daughter and a former Hollywood actor become heads of state, they join forces around the ideas of Hayek, and new political and economic policies begin to transform the world.
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http://www.pbs.org/wgbh/commandingheights/hi/story/
http://www.pbs.org/wgbh/commandingheights/shared/minitext/tr_show01.html
As an interesting side note, while TABOR is well-known in Colorado, relatively few states have a similar government spending limit mechanism in their constitutions. The American Legislative Exchange Council (ALEC) actually has a model bill that is based on Colorado’s TABOR amendment that lawmakers in other states can pick up, make minor changes to, and introduce in their own jurisdictions. We would bet there are constituents in many states who would appreciate a cap on their legislature’s wanton spending.
http://www.alec.org/model-legislation/tax-and-expenditure-limitation-act/
Tax and Expenditure Limitation Act
Summary
The Tax and Expenditure Limitation Act recognizes the important tradeoff between constraints on the growth of state and local government, and the provision of adequate reserves to meet emergencies and to stabilize budgets over the business cycle. The Act is a constitutional provision designed to accomplish these objectives. The Act links a tax and spending limit to an emergency reserve fund and a budget stabilization fund. The Act also provides for temporary reductions in tax rates and/or tax rebates when surplus revenue accumulates above the tax and spending limit, and the cap on the emergency reserve fund and the budget stabilization reserve fund.
Model Policy
{Title, enacting clause, etc.}
Section 1. {Election Provisions} For any fiscal year that commences on or after____ state and local government districts must have voter approval in advance for any new tax rate increase, mill levy above that for the prior year, valuation for assessment ratio increase for a property class, or extension of an expiring tax, any markup on products sold through state-controlled enterprises, or a tax policy change directly causing a net tax revenue gain to any district. Voter approval is also required for creation of any multi-fiscal year direct or indirect district debt or other financial obligation without adequate present cash reserves pledged irrevocably and held for payments in all future years, except for refinancing district bonded debt at a lower interest rate or adding new employees to existing district pension plans. Voter approval is also required for suspension of the spending limits imposed by this Act. Continue reading
BBC Mundo’s Daniel Pardo tests how long it takes to buy even the most basic goods in Caracas amid massive queues for food.
We live in a land of plenty. In America we can buy almost anything anytime we want. Our system of free market capitalism has given us almost unlimited choices at the most reasonable prices anywhere.
But, this is far different than how people live in Marxist, socialist countries.
When Venezuelan dictator Hugo Chavez first came to power, he liked to claim that he wasn’t a Marxist. He preferred to refer to his takeover as a “Bolivarian revolution.”
However, over the course of his reign, his tune changed and his real intention quickly became clear. Almost immediately, he announced that “We’re moving toward a socialist republic of Venezuela” and started telling anyone who’d listen that, if Bolivar were alive today, he’d be a committed socialist.Eventually, he was happy to call himself a communist, and in the later days of his reign he was openly singing the praises of Marx, Engels, and Lenin.
So how has Chavez’s Communist “utopia” worked out for the average person living in Venezuela? As Herman Cain reports, a BBC reporter decided to find out.
Now, despite the horrors he wrought, Venezuela is trying to move forward as the “people’s utopia” he envisioned. Since the stellar global success rate of Marxian Socialism is indisputable, everything there is humming alongwonderfully.
In fact, it’s been so successful that BBC reporter Daniel Pardo decided to engage in a little experiment.
He took a camera crew and filmed himself as he attempted to pluck 8 common household items from the bounty that the glorious state has provided. Those items are:
Milk
Coffee
Corn flour
Detergent
Cooking oil
Shampoo
Toilet paper
Dish soapIf this wasn’t so tragic, it would be almost funny. But, this is the reality of government control of an economy – no variety of products and vast shortages of even the staples.
If this video doesn’t convince people how silly Marxism is when put into practice, nothing will.
Freedom = prosperity and opportunity. Marxism = poverty and want. It always has been this way and it will always be this way; no matter what your average “community organizer” tells you!
SAVE THE DATE! April 9. @CHRGOP Meet & Greet. Hear from our new @cologop chair @SteveHouseGOP. Location coming soon.
202-224-5941; 970-352-5546
Senator Michael F. Bennet (D)
202-224-5852; 303- 455-7600
CD1 Rep. Dianna Degette (D)
202-225-4431; (303) 844-4988
CD2 Rep. Jared Polis (D)
202-225-2161; 303-484-9596
CD3 Rep. Scott Tipton (R)
202-225-4761; 719-542-1073
CD4 Rep. Ken Buck (R)
202-225-4676; 970-221-7110
CD 5 Rep. Doug Lamborn (R)
202- 225-4422; 719- 520-0055
CD 6 Rep. Mike Coffman (R)
(202) 225-7882; 720-283-9772
CD7 Rep. Ed Perlmutter (D)
202-225-2645; 303-247-6455
Colorado’s top law enforcement official explains how every day, her department works hard to protect consumers from fraud, prosecute criminals who prey upon our citizens and preserve and safeguard Colorado’s natural beauty.
Join the Reagan Club on April 2nd, the first Thursday in April, from 6:00pm-8:30pm. Admission is $20 for members, $25 non-members, and $15 for elected officials or candidates. We meet at Echo Park’s Community room, 500 E 104th Avenue in Thornton (104th & Washington–please park in their back fenced-in parking lot).
Chef Dan will be providing another culinary delight for dinner.
You can purchase your tickets online (and members can bring a guest for $15 more) at: http://www.reaganclubco.com/meeting-tickets/
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