April 17th, 2009 Weekly Update
April 6th, 2009 by Adam Axvig
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The Minnesota Free Market Institute Weekly Update
Friday, April 17, 2009 |
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After the Tea Party
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 On Wednesday, thousands of
Minnesotans came out to protest government spending, high taxes, bailouts and
expanded intrusion into our lives. Media estimates of the crowd at
the St. Paul Tea Party ranged from 2,000 – 10,000. We put the
number closer to 7,000, which is still a huge turnout for a rally in April.
These Tea Parties are grassroots
movements stemming from a public concern about the path our country seems to be on. Most of us have no desire to become Europeans.
We intend to help keep this
movement moving forward. Lovers of free enterprise and liberty
must band together and fight to keep America the country our forefathers
envisioned.
Pat Anderson is President of the Minnesota Free Market Institute
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MN Tea Party Coverage
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The Tea Party was a huge success. Thousands gathered Wednesday in St. Paul and around the state
to demonstrate their frustration with the current direction the nation is
taking.The event, held from 5-8 yesterday, featured a wide variety of speakers
from different organizations all rallying around the cause of smaller government
and preservation of individual liberties. The media coverage was excellent along
with many individuals posting pictures and videos from the event. Here are some links to the state coverage below. Many, many blogs also covered the event and some of the best coverage of greater Minnesota tea parties can be found there. You can find a representative sample with cross posted links at True North.
Newspapers
TV
Radio
Photos
Adam Axvig is web master of the Minnesota Free Market Institute
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The Sizzle of Economic Freedom and Fizzle of Minnesota
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 Most Minnesotans don’t realize what restrictions on their economic
freedom are costing them. If they realized the benefits that would flow
to them with more economic freedom, they would be beating down the
doors of the legislature demanding not just a stop to proposed
government curtailment of their right to economic liberty, they would
be demanding back the freedoms that have been taxed and regulated from
them.That was the message Dr. Lawrence J. McQuillan, director of Business and Economic Studies delivered this week at a lunch sponsored by the Minnesota Free Market Institute. Using data collected as part of the U.S. Economic Freedom Index
and other studies that rank states based on their degrees of economic
freedom, Dr. McQuillan dubbed Minnesota a “4th quintile state”: On the
key competitive rankings of state borrowing, taxes, spending,
regulations and legal climate, Minnesota consistently ranks well below
average.Read More
Craig Westover is a Senior Policy Fellow at the Minnesota Free Market Institute
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Must Reads |
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Nouriel Roubini. “‘Stress Tests’ are Really ‘Fudge Tests.‘” “Dr. Doom” NYU Economist argues that the baseline economic indicators for the FDIC bank “stress tests” (meant to test the stength of individual banks) are already obsolete, making the stress test a phony exercise. It’s geared to making sure that all the banks “pass” it.
As if we could forget, this past Wednesday was also Tax Day. The Cato Institute’s video of the week is a compliation of several of their scholars’ critiques of the U.S. Tax Code.
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In Case You Missed It from the Minnesota Free Market Institute
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| Pat AndersonIn addition to being interviewed by The Star Tribune and Pioneer Press, Pat Anderson was on The Fox Business Channel and WCCO Radio talking about the successful Twin Cities Tea Party Event. You can see and hear the clips at the MN Free Market Institute channel on YouTube.John LaPlante State House Call
King Banaian SCSU Scholars
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Notable Quotes
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If you think health care is expensive now, wait until you see what it costs
when it’s free! –P.J. O’RourkeIn general, the art of government consists of taking as much money as possible
from one party of the citizens to give to the other. –Voltaire (1764)Just because you do not take an interest in politics doesn’t mean politics won’t
take an interest in you! –Pericles (430 B.C.)
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The Minnesota Free Market Institute conducts research and advocates for
policy that limits government involvement in individual affairs and
promotes competition and consumer choice. By analyzing the actions of
the past and applying the enduring lessons of the free market, the
Minnesota Free Market Institute creates policy options for the future.
To donate click here.
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MN Free Market Institute on the Web
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Minnesota Free Market Institute | P.O. Box 120449 | St. Paul | MN | 55112
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