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Minnesota Free Market Institute
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Written by David Strom   
Wednesday, 19 November 2008 15:12

Believe it or not, it has only been a few weeks since the Administration and Congress created the Office of Financial Stability to manage the Troubled Asset Relief Program, or what normal people just call the “bailout.”

In the intervening 6 or so weeks, Treasury Secretary Paulson and his crack staff have spent not one dime—not one—doing what Congress authorized: the purchase of “toxic assets” from financial institutions. Instead they have spent the staggering sum of $290 billion injecting capital into banks and other financial institutions, triggering a cascade of companies to transform themselves into banks to get their hands on the freely flowing federal dollars.

This turnabout—and economists are divided on its wisdom—is unfortunately just the first in what will prove to be a long series of redefinitions of what it means to bring “financial stability” to our sputtering economy. The current economic crisis which started in the financial industry is quickly metastasizing into a full-blown recession that will undoubtedly trigger a painful restructuring of the American economy.
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FOR IMMEDIATE RELEASE                                                        Contact: Patricia Anderson

November 11, 2008                                                                                      Ph: (651) 294-3590

Pat Anderson Announced as President of Minnesota Free Market Institute

 

ST. PAUL – The Minnesota Free Market Institute today announced that Former State Auditor and Commissioner of the Department of Employee Relations Pat Anderson has joined the Institute as the incoming President. Anderson succeeds founding President David Strom, who will remain a Senior Policy Fellow with the Institute.

The Minnesota Free Market Institute’s mission is to promote the virtues of free markets and individual liberty over centralized bureaucratic government solutions to today’s problems.

Ms. Anderson has a long and varied career in both the public and private sector.  She served as Eagan city council member from 1991-1998, mayor of Eagan from 1998-2002, and as State Auditor from 2003-2007.

Anderson most recently served as Commissioner of the Minnesota Department of Employee Relations, managing its merger with the Minnesota Department of Finance. She is perhaps the first Commissioner in Minnesota history to intentionally work herself out of a job in order to promote greater efficiency in government.

Ms. Anderson also owned two businesses which she managed until her election as Auditor.

“This is a great opportunity to shape and influence public policy from a free market perspective,” said Anderson.  “Now more than ever Minnesotans need to hear from advocates of limited government and free markets. We intend to be the voice of reason as the proponents of big government run wild in St. Paul and Washington D.C.,” Anderson concluded.

The Minnesota Free Market Institute promotes limited government, individual liberty, and free market public policy solutions.

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Written by Margaret Martin   
Monday, 17 November 2008 00:00

Saturday 11/15 on the David Strom Show:

 

Hour 1:What Direction for the Conservative Movement? Guest: Pat Shortridge of The New Majority Project.


Hour 2: What Direction for the Conservative Movement in MN?  Guest: Pat Anderson, the new President of the Minnesota Free Market Institute. 

 

Podcast Available here.

Mentioned on the Show:

 

Highlights Reel:
 
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Written by David Strom   
Thursday, 13 November 2008 17:37

The political stars seem to be aligning for a liberal resurgence.

Americans are as uncertain about the economy as they have been in a generation; the political success of the Democrat Party over the past two election cycles have bolstered the confidence of liberals that their message is a winning one; and the massive intervention in the economy on the part of the Bush Administration has opened the door for even greater interventions and bailouts in the coming months. Every day it seems a new industry is asking for a government bailout.

Does all this signal that the era of small government is over?
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Written by David Strom   
Friday, 07 November 2008 16:59

Does the Obama victory last Tuesday signal a sea change in American politics or simply a normal and expected shift in partisan control after eight years of Republican rule?

Obviously none of us knows yet, but there are ample clues to suggest that there is less than meets the eye in the Obama victory, and that liberal Democrats should tread lightly in pushing the more radical parts of their agenda.

Despite the fact that Democrats not only won the White House by a comfortable margin but also made significant (if not stunning) gains in both Houses of Congress, there is little evidence to suggest that the ideological or policy views of the electorate have changed much in the past few years.
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