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	<title>LNCC &#187; Financial Crisis</title>
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	<link>http://www.lncc.org</link>
	<description>Libertarian National Campaign Committee</description>
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		<title>First Athens &#8211; Then London</title>
		<link>http://www.lncc.org/first-athens-then-london/</link>
		<comments>http://www.lncc.org/first-athens-then-london/#comments</comments>
		<pubDate>Thu, 07 Jul 2011 12:58:09 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
				<category><![CDATA[Campaign for Freedom]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Libertarianism]]></category>
		<category><![CDATA[cities going broke]]></category>
		<category><![CDATA[government budget deficit]]></category>
		<category><![CDATA[Libertarian National Campaign Committee]]></category>
		<category><![CDATA[LNCC]]></category>
		<category><![CDATA[rising tax bills]]></category>
		<category><![CDATA[save your city]]></category>
		<category><![CDATA[stop government spending]]></category>
		<category><![CDATA[support Libertarians]]></category>

		<guid isPermaLink="false">http://96.45.125.72/?p=358</guid>
		<description><![CDATA[Now some American cities are seeing raucous protests by government dependents angry and increasingly violent over the fact free-spending politicians have run out of other people&#8217;s money. And your community may be next. There&#8217;s only way to stop the explosion of government spending, and the destructive rampages that follow when governments spend themselves into bankruptcy&#8230; [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>Now some American cities are seeing raucous protests by government dependents angry and increasingly violent over the fact free-spending politicians have run out of other people&#8217;s money.</p>
<p>And your community may be next.</p>
<p>There&#8217;s only way to stop the explosion of government spending, and the destructive rampages that follow when governments spend themselves into bankruptcy&#8230;</p>
<p>&#8230;we must begin electing more Libertarians.</p>
<p>No community is immune from the threat posed by big spending.</p>
<p>By many measures, Loudoun County, Virginia is the wealthiest community in the United States. Located outside suburban Washington, D.C., Loudoun is home to ambassadors, senior government officials, millionaire CEOs, wine vintners and equestrian enthusiasts.</p>
<p>But even this millionaire’s playground is going bankrupt.  Despite years of steadily rising tax bills, Loudoun politicians can’t keep up with their own appetite for spending.</p>
<p>The wealthiest county in the United State faces a $192 million dollar government budget deficit.</p>
<p>And it&#8217;s fueled by a government employee retirement system, which gives even part-time political appointees a full, plush retirement package with no contribution from the employee.</p>
<p>Despite facing fiscal destruction and the loss of its high bond rating over its out-of-control spending, the Board narrowly voted to continue its pig-out spending.</p>
<p>And Loudoun is only one example of thousands of city councils, county commissions and state legislatures that, even facing default, narrowly vote to continue spending their citizens into oblivion.</p>
<p>Just imagine what one Libertarian on one of those bodies would do to tilt the balance and save citizens from bankruptcy.</p>
<p><strong><em>That&#8217;s why we created the Libertarian National Campaign Committee.</em></strong></p>
<p>If simply being right was all you needed to win an election, Libertarians would have won long ago.</p>
<p>But it&#8217;s not.</p>
<p>You must know how to communicate effectively, target the right voters, raise money and get out the vote.</p>
<p>Your support of the Libertarian National Campaign Committee gives our Libertarian candidates the training, information, technology and support they need to win.</p>
<p>Thank you for supporting the Libertarian National Campaign Committee.</p>
<p>We&#8217;ve seen the terrible price of Big Government in cities like London and Athens.</p>
<p>Now we&#8217;re beginning to see it here in the United States.</p>
<p>Just one Libertarian elected to the city council or county commission is all it would take to turn off the spending spigot in many of our communities.</p>
<p>With your help, we can begin to take back our country and bring fiscal sanity back to our communities.</p>
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		<title>$1400 tax hike needed to fund gov&#8217;t pensions</title>
		<link>http://www.lncc.org/study-1400-tax-hike-needed-to-fund-government-pensions-obama-already-plundering-funds-to-pay-off-retirements-of-campaign-supporters/</link>
		<comments>http://www.lncc.org/study-1400-tax-hike-needed-to-fund-government-pensions-obama-already-plundering-funds-to-pay-off-retirements-of-campaign-supporters/#comments</comments>
		<pubDate>Tue, 28 Jun 2011 12:52:21 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
				<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[anti Obama]]></category>
		<category><![CDATA[cut spending]]></category>
		<category><![CDATA[Libertarian National Campaign Committee]]></category>
		<category><![CDATA[LNCC]]></category>
		<category><![CDATA[smaller government]]></category>
		<category><![CDATA[stop deficit spending]]></category>

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		<description><![CDATA[Study: $1400 tax hike needed to fund gov&#8217;t pensions &#8211; Obama already plundering funds to pay off retirements of campaign supporters Got an extra $1,400 in your pocket? That&#8217;s how much you&#8217;ll have to pay in tax hikes every year for the next 30 years to cover the exploding costs of government employee pensions. &#8220;The [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>Study: $1400 tax hike needed to fund gov&#8217;t pensions &#8211; Obama already plundering funds to pay off retirements of campaign supporters</strong></p>
<p>Got an extra $1,400 in your pocket?</p>
<p>That&#8217;s how much you&#8217;ll have to pay in tax hikes every year for the next 30 years to cover the exploding costs of government employee pensions.</p>
<p>&#8220;The study, co-authored by Joshua Rauh of Northwestern University and Robert Novy-Marx of the University of Rochester, both of whom are finance professors, argues that states will have to cut services or raise taxes to make up funding gaps if promises made to municipal employees are to be honored,&#8221; Reuters reports.</p>
<p>The Obama administration has already adopted one plan – raising the pensions of non-union workers and giving their retirement funds to unions that support his campaign.</p>
<p>&#8220;The administration gave union employees of auto parts supplier Delphi Corp. preferential treatment over nonunion, salaried employees when the U.S. took over Delphi&#8217;s pension plan, GOP representatives say,&#8221; <em>The Los Angeles Times</em> reports.</p>
<p>Clearly, spending must be cut immediately.</p>
<p>This is why Libertarians are so badly needed in state legislatures and local city councils.  Only Libertarians will make the tough decisions to control spending and rein in government that have grown out of control under Republicans and Democrats and now threaten to bankrupt working families.</p>
<p><em>Source: <a href="http://www.cnbc.com/id/43498037" rel="nofollow" target="_blank">CNBC</a></em></p>
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