21 July 2009

Today’s Tabbloid
PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com

FISCALLY CONSERVATIVE BLOG FEEDS FISCALLY CONSERVATIVE BLOG FEEDS

Open Letter from ATR to Go Perdie! [The Club for

Congress: No More Spending Growth]
JUL 20, 2009 03:23P.M.
Until Obama Releases Latest
Club member Jill Erber recently ran into Perdie. Who is he? Find out
Economic Data [Americans for here.

Tax Reform]
JUL 20, 2009 07:02P.M.
FISCALLY CONSERVATIVE BLOG FEEDS
An open letter to the United States Congress: *** This week, you will
continue to vote on multi-hundred billion dollar appropriations bills that Bailouts Could Hit $24 Trillion?
continue to put the budget into the red and keep taxp...
[Cato at Liberty]
JUL 20, 2009 02:41P.M.

FISCALLY CONSERVATIVE BLOG FEEDS ABC News reports:

Taxpayer Kit: Obama’s First Six “The total potential federal government support could reach
up to $23.7 trillion,” says Neil Barofsky, the special inspector
Months in Office [Americans for general for the Troubled Asset Relief Program, in a new
report obtained Monday by ABC News on the government’s
Tax Reform] efforts to fix the financial system.
JUL 20, 2009 04:17P.M.
Yes, $23.7 trillion.
Here are links to all of ATR’s posts on Obama’s first six months in
office: Ten Most Memorable Quotations of Obama’s First Six Months “The potential financial commitment the American taxpayers
Obama’s First Six Mont... could be responsible for is of a size and scope that isn’t even
imaginable,” said Rep. Darrell Issa, R-Calif., ranking member
on the House Oversight and Government Reform Committee.
“If you spent a million dollars a day going back to the birth of
FISCALLY CONSERVATIVE BLOG FEEDS Christ, that wouldn’t even come close to just $1 trillion —
$23.7 trillion is a staggering figure.”
Unrequited Love [The Club for
Granted, Barofsky is not saying that the government will
Growth] definitely spend that much money. He is saying that
JUL 20, 2009 03:31P.M. potentially, it could.

Obama loves the Mayo Clinic, but the Mayo Clinic doesn’t love At present, the government has about 50 different programs
ObamaCare. to fight the current recession, including programs to bail out
ailing banks and automakers, boost lending and beat back the
housing crisis.

We used to complain that George W. Bush had increased spending by

ONE TRILLION DOLLARS in seven years. Who could have even

1
Today’s Tabbloid PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com
imagined new government commitments of $24 trillion in mere months?
These promises could make the implosion of Fannie Mae and Freddie
Mac look like a lemonade stand closing.
FISCALLY CONSERVATIVE BLOG FEEDS
Obama’s New Numbers [Cato at
Liberty]
JUL 20, 2009 02:00P.M.
A new ABC/Washington Post poll is out. The trends are not comforting
for the White House. President Obama’s approval rating - probably the
most important number for a president these days - continues to drop.
Approval by independents has fallen by 9 points over his term. Support
for his handling of the economy now garners the approval of barely half
of respondents. The number of people who see him as an “old-style tax
and spend” Democrat has rise by 11 percentage points; the number who
see has as a new Democrat “careful with public money” has dropped by
about the same number.
A majority of the public now rejects a second spending splurge. Most
now give avoiding deficits a higher priority than increasing spending,
even to fight the recession.
The number of people in the poll identifying themselves as independents
is at a post-1981 high. Most of those people may well vote most of the
time for one of the major parties. For now, neither party is attracting
much loyalty.
Surely some Democrats in Congress must be starting to wonder how far
they should follow the president and his desire for ever greater
spending.
FISCALLY CONSERVATIVE BLOG FEEDS
Protectionist Policy Threatens
to Drive Up Cost of Tires
[Americans for Tax Reform]
JUL 20, 2009 01:38P.M.
Even after leading economists have warned of the dangers of
protectionist policies, members of Congress are asking Obama to force
Americans to pay more for goods that can be purchased more cheaply
abr...
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21 July 2009
FISCALLY CONSERVATIVE BLOG FEEDS
Soaring Sales for “Road to
Serfdom” [Cato at Liberty“Road
to Serfdom”]
JUL 20, 2009 12:20P.M.
Cato’s new staff writer, Aaron Powell, told me had recently seen two
people on the Washington Metro reading The Road to Serfdom by F. A.
Hayek. That prompted me to check the sales figures for Road to Serfdom
at Nielsen’s Bookscan. And whattaya know? Sales have increased this
year at an even faster pace than sales of Atlas Shrugged. (Atlas sells 10
times as many copies, but the percentage increase over last year is less.)
So far this year the most popular edition of Road to Serfdom has sold
11,366 copies. That compares with 3,131 copies at the same point last
year. That’s a 263 percent increase for those of you keeping score at
home.
Why? Well, no doubt huge new government spending programs and
attempts to massively expand the welfare state send people looking for
classic literature that makes the case for liberty and limited government.
But what the Marxists call the “objective conditions” can always use a bit
of help. And indeed, just as I found in investigating the sales bump for
Atlas Shrugged, it looks like an op-ed in the Wall Street Journal was
instrumental in boosting the sales of The Road to Serfdom.
On February 4, former House Majority Leader Dick Armey, now
chairman of Freedomworks, published an op-ed in the Journal titled
“Washington Could Use Less Keynes and More Hayek.” Sales of Road to
Serfdom, which had been running at just under 300 a week, rose steadily
to almost 700 over the next four weeks. It seems likely that Armey’s op-
ed caused the new interest.
Armey didn’t actually mention The Road to Serfdom — he just talked
about Hayek and his ideas generally — but when you go looking for
Hayek, you’re going to find his most popular book. So maybe we could
attribute the sales bump instead to David Henderson’s review of The
Road to Serfdom — titled “Still Relevant–Perhaps More So” — in the
Spring issue of Regulation. But the Wall Street Journal does have a
larger circulation.
Today’s Tabbloid PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com 21 July 2009

FISCALLY CONSERVATIVE BLOG FEEDS

Canada vs. United States on

Health Care [The Club for
Growth]
JUL 20, 2009 12:03P.M.

FISCALLY CONSERVATIVE BLOG FEEDS

Monday’s Daily News [The Club

for Growth]
JUL 20, 2009 10:57A.M.

THE DAILY NEWS Toomey: We’ve Really Lost Our Way - Manasee
Wagh, Philly Inquirer Europe Thumps U.S., Again: Lower Taxes, Now
Freer Trade - WSJ Editorial Healthcare Marathon May Hit Wall This
Week - Jared Allen, The Hill Reformers’ Claims Just Don’t Add Up - IBD
Editorial What’s Next, Mr. President - Cardigans? - Matt Welch & Nick
Gillespie, WaPo Pelosi: Make Millionaires Pay for Health Care - Mike
Allen, Politico Should Official Poverty Guidelines Be Revised? - Mark
Perry, Carpe Diem POLL: Obama Faces Trouble on Stimulus and Deficit
- ABC News Banks, Battles, and Overconfidence. - Malcolm Gladwell,
New Yorker The 50 Greatest Movie Monologues - Film.com Cubs 11,
Nats 3 - Associated Press (Four game sweep!)