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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Keeping an Eye on "Card Check" Legislation Print E-mail
By CFIF Staff
Thursday, March 05 2009
The last thing our country needs is legislation that would further hurt the economy. Perhaps that explains why Congress has not moved forward as quickly as it did last year with the controversial Employee Free Choice Act...

“It is still on the stove but I would characterize it as being on the back-burner.

The last thing our country needs is legislation that would further hurt the economy. Perhaps that explains why Congress has not moved forward as quickly as it did last year with the controversial Employee Free Choice Act (EFCA), commonly referred to as “card-check” legislation.

“It is still on the stove but I would characterize it as being on the back-burner,” Rep. Jim Cooper (D-Tenn.) said. “It is the White House’s decision.”

The bill is organized labor’s top priority in Congress this year. According to business groups, its passage would enable labor leaders to harass workers into joining unions by eliminating the secret ballot in union elections and could also lead to more strikes and work stoppages, which could hurt industry.

Last month, over 180 state and local chambers of commerce sent letters to Congress opposing the legislation. The U.S. Chamber of Commerce leads the Workforce Freedom Initiative, a nationwide grassroots effort to defeat the bill and organized labor’s anti-growth agenda, and has organized a virtual march on Washington to “save the secret ballot.” (For more information, visit http://secretballot.voteforbusiness.net).

Recently, Glenn Spencer, executive director of the Workforce Freedom Initiative, joined CFIF’s Renee Giachino to discuss how the deceptively-named EFCA would hurt workers and business, and the grassroots effort to defeat the legislation.

What follows is the interview originally heard on "Your Turn - Meeting Nonsense With Commonsense" on WEBY 1330 AM, Northwest Florida's talk radio…[Listen to the interview here.]


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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?