We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign…
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Barclays Capital Study Echoes CFIF on the Danger of Raising Taxes on "The Rich"

We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign targeting "the rich" will inflict further harm on our economy.  Not only would such tax increases hit small businesses (which create most new jobs in America) particularly hard, it would also penalize the income segment that accounts for 1/3 of consumer spending, which itself accounts for 2/3 of the nation's economy. Confiscating even more of those dollars may sound fine on a teleprompter, but it will bring destructive consequences in the real world.

Now, a new study by Barclays Capital highlights another potential harm.  According to their analysis, Obama's plan will cause a 9% drop in the S&P 500 and a 900-point drop in the Dow Jones Industrial Average.  As noted in this morning…[more]

July 30, 2010 • 01:12 pm

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Founded in 1998, the Center for Individual Freedom is a non-partisan, non-profit organization with the mission to protect and defend individual freedoms and individual rights guaranteed by the U.S. Constitution.

The Center seeks to focus public, legislative and judicial attention on the rule of law as embodied in the federal and state constitutions. Those fundamental documents both express and safeguard society’s commitment to individual freedom, not only through specific protections such as the Bill of Rights, but also through structural protections that constrain and disperse governmental authority.

In addition, the Center seeks to foster intellectual discourse by bringing together independent thinkers to examine broad-ranging issues of individual freedom in our global society. While the Center is decidedly for individual freedom, scholars and legal authorities who share that same basic philosophy differ as to the application of those principles in the complex world in which we live. The Center strives for balanced debate that encourages conflict resolution where there is tension between the rights of individuals and the requirements of government, as well as between individuals.

The Center engages in three distinct but complementary activities:

Legal activities. It is a fundamental premise of the Center that the courts are rapidly supplanting legislative and public initiatives, as our increasingly diverse Republic seeks to balance the interests of individuals, interest groups and government. The Center will engage constitutional authorities to participate in major litigation on behalf of fundamental individual rights protection.

Legislative activities. State legislatures and the US Congress at times introduce and pass legislation that violates the Constitution. The Center seeks to make its voice heard on important legislative issues affecting constitutional rights and freedoms.

Education. Through a variety of publications, seminar sponsorships, issues papers and briefings, news bulletins and broadsides, the Center seeks to reaffirm the plain language imperatives of the US Constitution, relating it to contemporary conflicts that cannot be allowed to erode or circumvent it.

Based in Alexandria, Virginia, the Center for Individual Freedom is a nonprofit, 501(c)(4) corporation that relies on private financial support from individuals, associations, foundations and corporations. For more information, please call us at 703-535-5836. To make a contribution to the Center please click on Donate to CFIF.

Question of the Week   
In 1967, Teamsters Union President Jimmy Hoffa was jailed on a 13-year sentence for jury tampering, fraud and conspiracy. Which one of the following Presidents commuted his sentence?
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Quote of the Day   
 
"House Speaker Nancy Pelosi is the world’s worst cleaning lady. How has she fulfilled her vaunted promise to 'drain the swamp' and preside over the 'most ethical Congress in history'? By shrugging her shoulders, downplaying the gravity of myriad ethics charges against corruptocrat Democrat Rep. Charlie Rangel and waiting for the 'political chips' to 'fall where they may.'  Imagine a custodial…[more]
 
 
—Michelle Malkin, Syndicated Columnist
— Michelle Malkin, Syndicated Columnist
 
Liberty Poll   

Following President Obama's appearance on "The View," which television show should he appear on next?