Here's a shocker: When politicians get together in Washington, DC, the stock market underperforms. For 2006, the stock market (S&P 500) had a total return of only 2.25% while Congress was in session. Conversely, the return was 11.56% when they were out of session!
The historical numbers are even more astounding. Click here to learn more.
McCain-Feingold vs. NASCAR
Ryan Sager recently wrote an article in the New York Post that will make you sick. Here's the opening salvo:
It looks like John McCain has a little explaining to do to the NASCAR set.
Kirk Shelmerdine - one of the greatest pit-crew chiefs ever, most famously for the late Dale Earnhardt, Sr. - is today engaged in a less-successful second career as a driver. But to the Federal Election Commission, he's just a reckless campaign-finance law violator.
The day after Christmas, the FEC announced that it was sending Shelmerdine a "letter of admonishment" for his actions during the 2004 presidential campaign - namely, putting a "Bush/Cheney '04" decal on a panel of his car for a total of four races.
Take a deep breath, and then click here to read the rest.
Club Wins "Best Business Blog" Award
For the second year in a row, the Club's website won the "Best Business Blog" award. Thanks to all the Club members and supporters who voted for us!
If you haven't already visited it, the Club's blog is a one-stop-shop for economic and political news!
Two Big Pro-Growth Events
The Club will be hosting its annual Winter Conference from March 30 to April 1 in sunny Palm Beach, Florida.
You'll have strictly off-the record conversations with America's leading fiscal conservative, pro-growth U.S. House and Senate members and potential presidential candidates. Plus, you'll get insider accounts from top strategists and policymakers of Republicans' plans for the next Congress and the 2008 presidential campaigns.
To register, click here before February 20. Space is limited.
Also, our good friends at National Review will be hosting a "Conservative Summit" on January 26 - 28, 2007 here in Washington, DC. There will be several heavyweights there, including Newt Gingrich, Michael Steele, and our very own, Pat Toomey.
If you ever want to remove email address information from your membership to the Club for Growth, just click here.
Certainly some good points, although I don't agree with everything CFG stands for, I am a fiscal conservative and strongly support their stances along these lines. (plus there are some good links in there too) __________ Reason for conservative