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Our Mission |
Big government is not simply the size of the budget, or the number of federal programs; it is the role the federal government plays in our daily lives.
We at the Lincoln Heritage Institute will not sit idly by and allow bloated bureaucracies, budensome tax policies, a failing public education system, and out of control regulatory system, and a growing disregard for the rule of law to become an accepted way of life
We have as our purpose, through public education, the revitalization and preservation of our traditional political, social, commercial, and legal environment in which the only limits to achievement are individual ability and effort. |
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The EU Pact Goes Bust |
| Editorial, The Washington Times
France and Germany have managed to refashion the eurozone's economic rules in their flawed image, just as passage of the EU constitution appears to be in serious peril. At the center of the pact's demise and flagging support for the constitution is a sense of entitlement in France and Germany to have it both ways: defending the right to make sovereign decisions while advocating integration, and the relinquishing of that sovereignty, for other countries.
The EU Growth and Stability Pact, which was originally championed by Germany when it was established in the late 1990s, established economic criteria that EU members adopting the euro had to, in theory, comply with. In reality, the pact has been repeatedly breached, and France and Germany have been serial violators. Both countries run the risk of exceeding the deficit cap of 3 percent of gross domestic product for the fourth straight year.
EU leaders Wednesday backed a plan, approved by EU finance ministers Monday, to essentially scrap the pact's economic benchmarks... In effect, the pact is dead -- an outcome France and Germany had lobbied for. The gutting of the pact was strongly criticized by the European Central Bank...
And even though France got what it asked for, French voters could be on the verge of rejecting a draft of an EU constitution in a May 29 referendum...
The decisions by EU leaders to so conspicuously bend to the wishes of France and Germany could seriously threaten the EU "experiment." Although French support for the constitution may be restored by May 29, it could come at a price.
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