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Friday, July 23, 2010

Wargotz: "Mikulski Destroying Free Enterprise System"

Wargotz Criticizes Mikulski Vote on Financial Regulation Bill

Annapolis - Today, Commissioner Eric Wargotz M.D. a Republican candidate for the United States Senate, criticized Senator Mikulski for supporting the financial regulation bill.

According to an Associated Press summary of the bill, the Federal government receives broad power over the entire economy. The article says, "If such a company teetered, the government could liquidate it. The costs of taking such a company down would be borne by its industry peers." This means a council of 10 government bureaucrats can liquidate companies at will and their industry peers would be forced to pick up the costs.

"Mikulski is destroying the free enterprise system in America." said Commissioner Wargotz M.D. "The free enterprise system is what has made the United States the most prosperous nation in the world. This bill is an unprecedented infringement on economic freedom and it must be stopped."

Commissioner Wargotz has committed to consistently support the free enterprise system if elected. He has a plan to cut spending, lower taxes, and decrease burdensome regulations on small businesses to create jobs.

2 comments:

Anonymous said...

I don't know the full context of what was said (I'm only guessing this is something else taken out of context) but this is more than likely no different when they put in place imminent domain.
You don't have governments taking over properties using it just because it is there to do.
Look at Delmar - they haven't used imminent domain on that falling down building on the corner of downtown.
It's not something you can just wave your wand and use - there are major hoops to go through.

Anonymous said...

9:46

You are a Kool -Aid drinking liberal troll!