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AFP's Annie Patnaude on CNN's Road to Ruins Special Americans for Prosperity Director of Communications Annie Patnaude discusses transportation earmarks during a CNN special report entitled "Roads to Ruin." The segment aired on 8/1/08 Tags: Americans for Prosperity Annie Patnaude Gas Taxes Earmarks Pork CNN |
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Americans for Prosperity Wisconsin Hot Air Tour July, 2008 Press conference in Milwaukee, WI with Congressman James Sensenbrenner, Milwaukee County Executive Scott Walker and Rock Star of Radio Vicki McKenna for the Americans for Prosperity Hot Air Tour Tags: AFP HOT Global warming HotAirTour |
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Steve Lonegan Talks About Taxes on CBS2 Americans for Prosperity State Director Steve Lonegan, discusses a report that ranks NJ residents as the most burdened by state and local taxes. The segment aired on CBS2-NY on 8/7/08 Tags: Americans for Prosperity Steve Lonegan Taxes New Jersey Corzine Spending |
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The Truth Exposed: MoveOn Supporters Want $10, $20, $30 Gas! Americans for Prosperity crashed a recent MoveOn.org rally at the U.S. Capitol, where lots of people wearing Obama t-shirts and buttons called for $10, $20, and even $30 gas. Tags: obama moveon.org move on afp americans for prosperity gas prices drill here now energy |
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AFP's Annie Patnaude Discusses Gas Taxes on Fox News Americans for Prosperity Communication Director Annie Patnaude discusses gas taxes on Fox News. This segment aired on 7/20/08 Tags: Americans for Prosperity Annie Patnaude Gas Taxes Fox News |
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AFP's Phil Kerpen on FBN Discussing Gas Taxes Americans for Prosperity Policy Director Phil Kerpen, discusses road funding and the gas tax on Fox Business Network's Neil Cavuto Show on 7/29/08 Tags: Americans for Prosperity Neil Cavuto Phil Kerpen Gas Taxes Policy |
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AFP takes Debt message to Wall Street Lonegan Protests Moody's Too-High Rating of "Junk" New Jersey Contract Bonds Americans for Prosperity Says Rating Begs Another Fannie-Freddie Catastrophe WASHINGTON -- Americans for Prosperity New Jersey Director Steve Lonegan held a news conference today to protest the irresponsibly high rating of risky New Jersey contract bonds by Moody's Investment Service. Lonegan was joined by a busload of New Jersey taxpayers and a giant ATM machine, designed to illustrate that taxpayers shouldn't be treated like an instant cash machine when politicians run out of money. Following the news conference, Lonegan delivered a letter to Moody's Investment Service CEO Raymond W. McDaniel Jr., urging the company to lower its rating and thus stop enabling the state of New Jersey from plunging taxpayers further into debt. The high rating given to New Jersey's so-called "contract debt," which is not backed by the full faith and credit clause of the state, begs heavy losses for investors similar to the recent Fannie Mae and Freddie Mac crisis. The letter asserts that New Jersey contract debt should accurately reflect the substantial risk of default it carries: The practice of referring to these bonds as revenue bonds is highly misleading, because often—and specifically in the case of the pending $3.9 billion bond offering for school construction bonds—there is no revenue source other than appropriations by future legislatures, which cannot be bound contractually. The major bond insurers face daunting financial uncertainty, and the Financial Guaranty Insurance Company, which insures many New Jersey EDA bonds, has already been downgraded below investment-grade. There is no guarantee, despite the millions of taxpayer dollars spent on bond insurance, that anything other than the political whims of future legislatures stands behind these bonds. Lonegan filed suit Monday against New Jersey to block a $3.9 billion borrowing scheme from being pushed through without voter approval. Article 8 of the state constitution bars the state from incurring debt of more than $3.2 million without voter approval. However, during the past 25 years the state has avoided most referendums by creating separate entities, like the Economic Development Authority, to borrow the money. Eight years ago Lonegan first filed suit to stop the practice of issuing so-called "contract debt." In a narrow 3-4 decision, The state Supreme Court permitted then-Governor Christie Whitman's bond issue, but required a disclaimer be added to contract debt noting that the debt was not backed by the full faith and credit of the state. "Gov. Jon Corzine has repeatedly told voters that the state is facing a 'debt crisis,' yet Moody's continues to rate contract bonds as if the state of New Jersey has to make good on them," said Lonegan. "In fact, as the courts have affirmed, contract bonds are not backed by the full faith and credit of the state. Just like with Fannie and Freddie, Moody's is assuming paper is good paper without actually looking at what will happen if there is an inability to pay. Americans for Prosperity (AFP) is a nationwide organization of citizen leaders committed to advancing every individual's right to economic freedom and opportunity. AFP believes reducing the size and scope of government is the best safeguard to ensuring individual productivity and prosperity for all Americans. AFP educates and engages citizens in support of restraining state and federal government growth and returning government to its constitutional limits. For more information, visit www.americansforprosperity.org Tags: American For Prosperity New Jersey School Borrowing Corzine Steve Lonegan Moody's |
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Obama Lectures Americans to Give Up SUVs, Then Hops in One In May, Sen. Barack Obama told Americans that they can't continue to drive their SUVs and expect the rest of the world to approve. His policy positions -- like higher carbon taxes and no new drilling for American oil -- are designed to drive up gas prices and push Americans away from the SUV. At the same time, he enjoys the safety and security of his own huge Chevy Suburban SUV. Tags: barack obama afp americans for prosperity global warming climate carbon tax suv |
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AFP's Phil Kerpen Discusses Al Gore's Speech on Fox News Americans for Prosperity Policy Director Phil Kerpen, discusses the implications and cost of Al Gore's Climate Speech that was delivered on 7/18/08 on the Neil Cavuto Show. This Segment aired on 7/18/08 Tags: Americans for Prosperity AFP Phil Kerpen Al Gore Climate Tax Global Warming Taxes Cap and Trade Carbon |
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Tim Phillips Opens the Taxpayer Rally in Trenton The New Jersey Statehouse steps overflowed with hundreds of New Jersey taxpayers saying "enough is enough" to out-of-control government at an Americans for Prosperity rally led by long-time Mayor Steve Lonegan. AFP President Phillips addressed the crowd of citizens, who came from every corner of New Jersey to rally against higher taxes and the outrageous spending habits in Trenton. Turning up the grassroots heat on big-spending, big-government lawmakers won historic ballot victories in New Jersey last year against higher taxes and more debt. Increasing pressure from taxpayers will permanently kill Governor Corzine's schemes for taxpayer-funded housing, toll hikes, and merging small towns. The rally was followed by AFP Foundation's Defending the American Dream Summit. Tags: Tim Phillips Americans for Prosperity New Jersey Corzine tax taxes |
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AFP Exposes Gore Hypocrisy on Hannity and Colmes Americans for Prosperity Vice-President Ed Frank appears on the Hannity and Colmes show on 7/18/08 to talk about an AFP Youtube video that exposes Al Gore's hypocrisy and US energy policy. Tags: Americans for Prosperity AFP Al Gore Global Warming SUV Hannity Colmes Green |
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See Al Gore's Hypocrisy! Americans for Prosperity rallied taxpayers outside Al Gore's big global warming speech in Washington, and found that some Gore followers didn't exactly practice what he preached. Tags: al gore global warming environment americans for prosperity afp |
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Message from AFP-Kansas A brief message from the Kansas chapter of Americans for Prosperity. Tags: state government federal local |
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Alison McHose at AFP-NJ DAD Summit Alison McHose's speech at the AFP-NJ Defending the American Dream Summit in Trenton, NJ. Tags: Americans for prosperity defending the american dream grassroots outreach |
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Al Parinella at AFP-NJ DAD Summit Al Parinella's speech at the AFP-NJ Defending the American Dream Summit in Trenton, NJ. Tags: Americans for prosperity defending the american dream grassroots outreach |
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Linda Frioli at AFP-NJ DAD Summit Linda Frioli's speech at the AFP-NJ Defending the American Dream Summit in Trenton, NJ. Tags: Americans for prosperity defending the american dream grassroots outreach |
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Frayda Levin at AFP-NJ DAD Summit Frayda Levin's speech at the AFP-NJ Defending the American Dream Summit in Trenton, NJ. Tags: Americans for prosperity defending the american dream grassroots outreach |
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AFP-NJ Summit Dinner Awards Ceremony Steve Lonegan delivers a rousing speech that discusses his arrest earlier this year, among other things. Then, he presents awards to individuals who have gone "above and beyond the call of duty" as activists for freedom and liberty. Tags: Steve Lonegan Americans for Prosperity New Jersey Corzine liberty freedom wall of pork grassroots outreach state governm |
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Judge Paul Poreca at AFP-NJ DAD Summit Judge Paul Poreca addresses activists at the Americans for Prosperity Defending the American Dream Summit in New Jersey. Tags: Judge Paul Poreca Americans for Prosperity New Jersey Defending the American Dream Summit Corzine tax taxes |
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Stop Mortgaging Our Future The New Jersey Statehouse steps overflowed with hundreds of New Jersey taxpayers saying "enough is enough" to out-of-control government at an Americans for Prosperity rally led by long-time Mayor Steve Lonegan. Lonegan addressed the crowd of citizens, who came from every corner of New Jersey to rally against higher taxes and the outrageous spending habits in Trenton. Turning up the grassroots heat on big-spending, big-government lawmakers won historic ballot victories in New Jersey last year against higher taxes and more debt. Increasing pressure from taxpayers will permanently kill Governor Corzine's schemes for taxpayer-funded housing, toll hikes, and merging small towns. The rally was followed by AFP Foundation's Defending the American Dream Summit. Tags: Steve Lonegan Americans for Prosperity New Jersey Corzine tax taxes |