Tag Archives: Republican Party

Michele Bachmann and Marsha Blackburn defend free market capitalism

Representative Michele Bachmann
Representative Michele Bachmann

UPDATE: For all the people that are searching for Michele Bachmann, this blog is FILLED with stories on Michele Bachmann!!!  Here is a good summary of some of her best material. Here’s her latest video.

More recent posts

Here are my recent posts on Michele Bachmann:

Videos of Michele and Marsha defending capitalism

Here’s Michele Bachmann, on the floor of Congress, explaining economics and defending free market capitalism. She touches on many important topics: intentions versus incentives, learning from past economic failures, American exceptionalism, economic growth, private ownership of property, the rule of law, private contracts, tax law, the law of unintended consequences and the “forgotten man”.

Well, if we’re going down as a nation, it won’t be because no one understood what was happening. Michele knows – because she is a trained tax lawyer and she understands economics and business – she and her husband Markus own a small business. They have 5 children and 23 foster children, so they know enough not to saddle the next generation of Americans with debt. Life experience matters.

And then there is another “M.B.” in the house, Marsha Blackburn.

Representative Marsha Blackburn
Representative Marsha Blackburn

Marsha Blackburn also voted against porkulus 1 and porkulus 2, and the cramdown bill:

Congressman Marsha Blackburn (TN-7) today voted against passage of H.R. 1106, a housing bill that will allow bankruptcy judges to “cramdown” the principle on a mortgage, change the interest rate, or extend the life of the loan. The consequence of this legislation for new homebuyers and homeowners who have lived within their means is dire. As banks attempt to absorb the cost of crammed down mortgages, they will be forced to raise fees, increase down payment requirements, and increase interest rates for potential home buyers.

“This is yet another bailout for bad actors. It rewards those that gamed the system or knowingly lived beyond their means at the expense of responsible taxpayers. I would have been more comfortable with a bill that helped those who legitimately fell on hard times and excluded unscrupulous borrowers and lenders.” Blackburn said.

“Some of my colleagues claim that this program is cost-free. It isn’t. Struggling banks, who are at the core of our economic problems, will be forced to rebuild their bottom line somehow in order to remain solvent. That cost will be paid for by the first time home buyer who will now have a much harder time getting a mortgage as banks insure themselves against risky loans. It will be paid for by responsible home owners who will watch their bank fees increase as bankruptcy judges cram down home values in their neighborhood.”

Congressman Blackburn supported proposed Republican changes to the bill that would have prohibited taxpayer assistance to any borrower that misrepresented or lied about their income on a mortgage or to any lender that failed to follow proper underwriting standards.

Mary Fallin and Sue Myrick, two of my other favorite representatives, also voted against all 3 of these socialist bills. Not only are these 4 representatives fiscal conservatives, but they are also pro-life.

You might remember that Sue was the one who wanted to revoke Jimmy Carter’s passport when he met with Hamas.

UPDATE: More Michele Bachmann here and here. She is also Mrs November in a new 2010 calendar. A full list of all of my many posts on Michele Bachmann is here.

Michele Bachmann opposes Obama’s plan to fund ESCR

Representative Michele Bachmann
Representative Michele Bachmann

UPDATE: For all the people that are searching for Michele Bachmann, this blog is FILLED with stories on Michele Bachmann!!!  Here is a good summary of some of her best material. Here’s her latest video.

More recent posts

Here are my recent posts on Michele Bachmann:

Michele Bachmann on ESCR

Michele Bachmann is my favorite member of the House, and I’ve blogged about her before, here, here and here. Today, she shows that she is aware of the recent breakthroughs in stem cell research in her speech on the floor of the House. Do not miss this great video of the most conservative and articulate legislator in the House.

More videos of Michele Bachmann are here.

(H/T: The Maritime Sentry)

UPDATE: One of my other congressional favorites Mary Fallin had these comments on the ESCR intitiative:

Every human being, no matter how small or how early in his or her development, has a right to life. By allowing federal dollars to fund the destruction of human embryos, the Obama Administration is not only denying this essential truth, it is ordering taxpayers to foot the bill for research that many, including myself, find morally repugnant.

I enthusiastically support adult and cord blood stem cell research, methods which show great promise and do not involve the destruction of human life. It is a tragedy the new administration has further weakened protections of the unborn and ignored the science behind morally acceptable alternatives to embryonic stem cell research.”

Notice how she echoes the SLED-test argument, and she understands the difference between ESCR and ASCR. That’s what I like to see!

UPDATE 2: Michele Bachmann has an even better speech on the dangers of tinkering in the free market here! This one is a must see!

John Boehner calls for Congress to freeze spending at current levels

House Republican Leader John Boehner
House Republican Leader John Boehner

House Republican Leader John Boehner calls for an immediate spending freeze at current levels. The freeze would cancel the 900 earmarks in the 410 billion dollar porkulus-2 omnibus bill. The video of his speech is below, and you need to watch it right now. Please.

Excerpt from John Boehner’s speech on the floor of the House of Representatives:

I know there are a lot of members that have a lot of other issues that they’d like to include in this, but the fact is that American families are hurting, small businesses are hurting around the country, our economy is hurting. And I think we could help our economy, we could send a strong signal to the American people by extending this spending freeze through September 30.

“Let’s show the American taxpayers that we get it. Let’s show investors in our American economy that we get it. Because clearly the bill that’s been under consideration both here in the House and now in the Senate has a $30 billion increase over last year’s spending, and includes nearly 9,000 earmarks. And the way to put all of this to a stop is to just have a spending freeze. Let’s show the American people we understand the pain they are under and show them that we are willing to tighten our belt.

Boehner was not content to give mere talk. He tried to force a vote on the freeze in order to get the Democrats to go on record on the 1.75 trillion dollar deficit they’ve introduced. The story is here, and includes this quote from the Associated Press:

“The top Republican in the House is seizing on the latest spike in unemployment to call for a freeze on government spending and to urge President Barack Obama to veto a $410 billion spending bill.”

“Rep. John Boehner, R-Ohio, said the jump in unemployment to 8.1 percent and the loss of 651,000 jobs in February is a sign of a worsening recession that demands better solutions from both parties.”

“Boehner criticized the spending bill as chocked full of wasteful, pork-barrel projects. The Senate postponed a vote on the bill until Monday amid the criticism.”

“Boehner said he hoped Obama would veto the bill. He urged the president to work with House Republicans to impose a spending freeze until the end of this fiscal year.”

Who gets it? The House Republicans get it.

UPDATE: Michelle Malkin is reporting (via Connie Hair of Human Events) that the motion failed 160-218, with every Republican present voting for it.