- 11-4-08-John Cunningham the day before the election.
- 11/1/08-John Cunningham wins debate against Congressman Markey
- 11/1/08-John in the Boston Herald
- 11/1/08-Video and Pictures from the Debate
- 10/29/08-John at the Waltham Farmers Market
- 10/27/08-Cunningham to Debate Markey on 10/30/08
- 10/27/08-John at MassLPA
- 10/24/08-John at MIT
- 10/21/08-John at End the MA Income Tax Rally (Video)
- 10/21/08-John Cunningham at T Stations and Tufts University
Stop the Bailout, the credit crisis is over hyped, as was Iraq
Fri, 10/03/2008 - 00:00 — Matt Robinson
FOR IMMEDIATE RELEASE
Friday 10/3/08
CONTACT:
Matthew Robinson -- 617-314-6971
matt@JohnCunningham2008.com
Stop the Bailout, the credit crisis is over hyped, as was Iraq
Revere, MA – John Cunningham, Republican candidate for congress, is urging his opponent, Ed Markey, and the rest of congress to vote against the so-called “economic rescue plan” today.
Cunningham explained, “The major justification for this horrible legislation is that it is a ‘regrettable but necessary step’1 to unclog a credit system that is not lending. However, the true evidence indicates that the supposed credit crunch is greatly exaggerated or even nonexistent.”2
“Most everyone in Washington seems to agree that something must be done about this financial crisis, but any time Washington is in agreement, citizens beware,” Cunningham warned. “It’s like the inflated story of Weapons of Mass Destruction used to facilitate our entry into Iraq. Many congressmen went a long with the hysteria and now regret it. Those same people who misled us only a few short years ago are now feeding us another inflated story, and it is amazing to see so many congressmen falling for this type of scare tactic once again.”
Cunningham further explained, “Everyone seems to blame the free market and the greedy people on Wall Street, when the real blame ultimately lies with the federal government, which created these problems through easy credit, market intervention, and regulation, and now wants to solve them with more of the same.”
“The current ‘Rescue Plan’ should be summarily defeated,” Cunningham urged. “It is an immoral and unfair burden on taxpayers, it is unconstitutional, and it is economically unwise. The plan will not fix anything, but only mask the problems and set us up for even larger disasters.”
Cunningham went on, “What we need is for the government to get out of the way and give the market time to sort this mess out. Ending the capital gains tax, reducing regulation, and getting rid of the Federal Reserve will help speed the recovery. The Billionaire Bailout, on the other hand, cannot work and will only make matters worse in the end. We do face tough times and are likely to have a rough year or two as the market recuperates. However, by passing the current proposal and continuing to interfere, we may not be facing a bad year, but a bad decade or more as happened during the great depression.”
For more information visit www.JohnCunningham2008.com
1-http://markey.house.gov/index.php?option=content&task=view&id=3455&Itemid=125
2-http://www.forbes.com/opinions/2008/10/01/interbank-lending-ted-oped-cx_ar_1001reynolds.html