Florida Today Wins, Brevard Taxpayers Lose

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The Brevard County Commission failed to support Commissioner Trudie Infantini’s request for a change in the County Manager, instead voting to ‘discuss’ the issue again in two months on January 27th, as if waiting an extra two months will enable the worm-ridden issues of Brevard County to metamorphosize into butterflies.
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County Manager Dodges Bullet Tuesday

D3 Commissioner Infantini makes her case for terminating County Manager Peggy Busacca

The County Commission voted Tuesday to table discussion of the termination of County Manager Peggy Busacca’s contract until mid January. Commissioner Trudie Infantini, District 3, made her debut as well as waves by adding the item to the agenda last week.

Infantini, along with Commissioners Fisher, District 1 and Anderson, District 5, were sworn in last Tuesday.
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New Titusville mayor takes on strategic plan

By Jessica Raynor
Florida Today

Jim Tulley wants to take on the city’s strategic plan as one of the first issues he’ll tackle as Titusville’s new mayor.

It’s an issue that will be brought before a new council tonight, with new Titusville City Councilor Martha Jane Long sitting in Tulley’s vacated council member’s seat.
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Crist weighs moratorium on foreclosures

Continues to give Republicans a bad name

US Constitution, Article 1, Section 10:
“No State shall… pass any… Law impairing the Obligation of Contracts…

Gov. Charlie Crist said Monday he is considering ordering a moratorium on home foreclosures, “especially during the holidays.”

In an informal gathering with reporters following a news conference, Crist was asked what he thought of copying California Gov. Arnold Schwarzenegger’s 90-day moratorium on home foreclosures.
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Ending Piracy Should be a U.S. Government Priority

Washington, D.C. – “It is unbelievable that one of the top news stories, today in the 21st century, is that pirates are seizing ships, cargo and people off the high seas,” said Yaron Brook, executive director of the Ayn Rand Center for Individual Rights.

“The Gulf of Aden is a major international shipping route. The Somali pirates are snatching cargo destined for all corners of the globe. To the extent that American commercial interests are being impacted, the U.S. government should immediately and decisively secure the shipping route by whatever military means necessary. Why have a navy if not to safeguard the rights of Americans to participate in and benefit from trade on the high seas?

“The American government should act swiftly: the ransom money collected by the pirates is at least in part being filtered to Islamic totalitarian groups, which have openly declared ‘Death to America.’ Our failure to act is providing additional strength to our known enemies.”

The Left and the Right vs. Free Speech

Washington, D.C.–Calling for a return of the Fairness Doctrine, Senator Chuck Schumer noted that some of the same people who oppose such “equal time” mandates support restrictions on broadcasting they deem offensive. According to Don Watkins, a writer for the Ayn Rand Center for Individual Rights, “Schumer’s comments highlight an ominous fact: that both the left and the right are opponents of free speech.

“Conservatives have long supported the FCC’s war on so-called indecency, arguing that broadcasters should not have the right to engage in ‘offensive’ speech. The liberals, meanwhile, have been eagerly trying to resurrect the so-called Fairness Doctrine, which would allow the government to dictate which ideas deserve how much airtime, and lead many radio stations to avoid discussing controversial issues altogether.

“In fact, this is a disagreement without a difference: both sides endorse the principle that the government should be dictating what Americans can and can’t say–they just want to use the censor’s pen to support their own political agendas.

“Whoever values free speech should oppose government regulation of the airwaves. Freedom of speech is the freedom of every American to say whatever he wants, regardless of how offensive others find it, through any medium he can rightfully access. There seem to be no such defenders among liberals or conservatives–and that is truly offensive.”

Don’t Bailout U.S. Automakers – Untie Them

Washington, D.C. –Politicians across the spectrum are calling for an auto bailout, arguing that we cannot allow such large companies to fail.

“If U.S. automakers cannot find a market fix for their problems, they must fail,” said Alex Epstein, an analyst at the Ayn Rand Center for Individual Rights. “They should go through bankruptcy proceedings so that creditors and owners can redeploy their assets as efficiently as possible.

“Every day these companies remain in existence in their current form, they are destroying shareholder wealth and wasting worker effort. To preserve these companies with a bailout would be obscenely unfair. Every dollar of a bailout would come at the expense of those who did nothing to cause the auto mess.

“There is one thing the government does owe the auto companies, however: freedom. For example, however the industry shakes out, automakers must be liberated from CAFE fuel economy laws that arbitrarily dictate what kind of cars they must sell, forcing them to sell millions of small cars that have no chance of profitability given consumer preferences. The auto industry must also be liberated from the Wagner Act, which gives unions the coercive negotiating power that railroaded the Big Three into their lavish, unprofitable wage and health plans. If a liberated Big Three can rejuvenate themselves, great; otherwise, a liberated next generation will be able to succeed where they failed.

“Economic freedom is what created the American automotive industry and made it the envy of the world. Economic freedom is the only thing that can bring it back.”

Mr. Epstein is an analyst at the Ayn Rand Center for Individual Rights, focusing on business issues. Mr. Epstein’s op-eds and letters to the editor have appeared in such publications as the Wall Street Journal, San Francisco Chronicle, Philadelphia Inquirer, Canada’s National Post, and the Washington Times. He is also a contributing writer for The Objective Standard, a quarterly journal of culture and politics. Mr. Epstein has been a guest on numerous nationally syndicated radio programs.

Drop the SEC Investigation Against Cuban

Washington, D.C. –Billionaire Mark Cuban is under investigation for “insider trading” by the SEC.

“This case is a travesty,” said Alex Epstein, an analyst at the Ayn Rand Center for Individual Rights. “Cuban is accused of selling his stock in Mamma.com after the CEO told Cuban that the company would be making a new stock offering that Cuban thought was a bad idea. But there is nothing wrong with this whatsoever–unless Cuban had a contractual obligation or fiduciary duty not to act on the information. And if Cuban violated a contract, which there is no evidence of, then that is the injured party’s–the company’s–job to pursue, not the SEC’s. In all likelihood, if there is anyone who violated a contractual obligation, it is the CEO who divulged confidential, unsolicited information–not the famous billionaire recipient who just happens to make a juicy target for SEC bureaucrats thirsting for another high-profile case to justify their regulatory power.

“The question of ‘insider trading’–when employees and investors of a company can act on certain information–should be left entirely up to private contract, such as restrictions on CEOs shorting their own stock. The criminalization of ‘insider trading’ has authorized the SEC to terrorize those whose only sin was to be a savvy investor. The Mark Cubans of the world deserve to be left free to make investment decisions under a government with clear laws against force, fraud, and breach of contract–not to spend years of their lives enduring witch hunts and prisons.”

Mr. Epstein is an analyst at the Ayn Rand Center for Individual Rights, focusing on business issues. Mr. Epstein’s op-eds and letters to the editor have appeared in such publications as the Wall Street Journal, San Francisco Chronicle, Philadelphia Inquirer, Canada’s National Post, and the Washington Times. He is also a contributing writer for The Objective Standard, a quarterly journal of culture and politics. Mr. Epstein has been a guest on numerous nationally syndicated radio programs.

Bush Is No Champion of the Free Market

Washington, D.C.–In a recent speech on the financial crisis, President Bush said, “If you seek economic growth, if you seek opportunity, if you seek social justice and human dignity, the free market system is the way to go.”

According to Yaron Brook, executive director of the Ayn Rand Center for Individual Rights, “It’s true that free markets are the source of economic prosperity and individual liberty–but President Bush, while he may pay lip service to free markets, has been a consistent opponent of them.
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Stop Blaming Capitalism for Government Failures

By Yaron Brook and Don Watkins

Speaking of the financial crisis, French president Nicolas Sarkozy recently said, “Laissez-faire is finished. The all-powerful market that always knows best is finished.”

Sarkozy was echoing the views of many, including president-elect Obama, who assume that the financial crisis was caused by free markets–by “unbridled greed” unleashed by decades of deregulation and a “hands off” approach to the economy. And given this premise, the solution, they say, is obvious. To solve this crisis and prevent another one, we need a heavy dose of Uncle Sam’s elixir: government intervention. Whether it’s more bailouts, stricter regulation, a new round of nationalizations, or some other scheme, the only question since day one has been how, not whether, government is going to intervene.
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