“Apres moi le deluge. After me, the deluge.” – Jeanne Poisson, Marquise de Pompadour, falsely attributed to King Louis XV Today the Dow Jones Industrial Average crashed by nearly 1,000 points over several minutes before recovering. About 800 points of the drop occurred in about 5 minutes. Meanwhile, gold spiked over $1,200, closing at a [...]
Towne for Congress Joins the Freshman 50!!!
Jake Towne, independent candidate for US Congress in PA-15, is pleased to announce he is selected to join The Freshmen 50, a coalition of 50 candidates around the country dedicated to fiscal and legislative responsibility. This non-partisan PAC is a simple platform of six reforms – reforms that Americans are demanding. - Apply the Law Equally: All [...]
Comments on HR 5013, the Dept. of Defenses IMPROVE Act
HR 5013, Implementing Management for Performance and Related Reforms to Obtain Value in Every Acquisition Act of 2010, or IMPROVE Act of 2010, is a 97-page bill that attempts to improve the defense acquisition (aka spending) system. The bill also would require new standards and techniques for training and rewarding that workforce. While the intent [...]
Comments on HR 5146, the Congressional Pay Freeze and HR 5017 Rural Housing Service Subsidies
HR 5146 freezes congressional salaries at $174,000 for 2011 and passed 402-15. I would have voted FOR this bill. The incumbent representative, Charles Dent, voted FOR this measure. The Democrat challenger, John Callahan, has not stated an opinion on this bill to my knowledge. The video below has a rough transcript. However, this bill does [...]
Comments on HR 2499, the Puerto Rico Democracy Act of 2009
HR 2499, the Puerto Rico Democracy Act of 2009, passed the House last week by a vote of 223-169. If the bill passes the Senate and is signed by the President, this will authorize a two-stage public vote on the future political status of Puerto Rico (application to Congress for statehood, independence, or continue current [...]
Does the Federal Reserve REALLY Control Interest Rates?
Many believe that the Federal Reserve controls interest rates. But what if they do not? Here is a case for readers to decide on. The Federal Reserve, myself, and many others, have made the claim that the FED controls both the interest rates and supply of dollars and credit. [For those unfamiliar with the FED, [...]
Jobs Talk at Moravian College
The rough transcript from April 27, 2010 is fully sourced from the campaign’s Jobs plank, or just click on the links in the attached file here. My thanks to Kristian Cantens and Moravian College for the invitation to speak. The presentation can be downloaded from here or from Scribd here. Today’s media and economists often [...]
One Step Closer to the End of the Yellow Brick Road
“She was so old that she dried up quickly in the sun… But the silver shoes are yours, and you shall have them to wear.” – the Witch of the North, from Frank Baum’s 1900 “Wonderful Wizard of Oz” (p. 6/72) Well, Technicolor changed the unforgettable color of Dorothy’s shoes from silver to ruby red, [...]
Orwell Meets PA Department of Revenues Tax Amnesty Program
The joy of taxes – “Find Us Before We Find You.” Check out the below video. Perhaps the government needs to first prove it can find tax evaders like the current head of the IRS – Secretary of Treasury and former head of the NY FED Timothy “Turbo Tax” Geithner who miscalculated the tax he [...]
Time to Sheathe the Sword
“[America] goes not abroad, in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own. She will commend the general cause by the countenance of her voice, and the benignant sympathy of her example. She well knows that by [...]
Celebrate Earth Day – No Toxic Dollar Bills
Earth Day was last week and is an opportune time to reflect on our dependence on the little rock with some water and vapor on top, especially with the recent not-so-gentle reminder from Iceland’s volcanoes. Following peace – defined as the absence of war, regardless who wins the Nobel Peace Prize these days – the [...]
PRESS RELEASE – Talk at Moravian College and Upcoming Towne Halls
For immediate release Jake Towne, independent US congressional candidate for PA-15, will be delivering two economic talks at Moravian College next week. The event is open to the public. DATE: Tuesday, April 27 AGENDA: 7-7:30 pm “Common Sense Fixes the Job Market” then by 30 min Q&A 8-8:30 pm “Social Security… or Insecurity?” then 30 [...]
Signature Gathering Progress Update and Upcoming Events!!
I am pleased to report that the campaign has nearly 2,500 signatures collected. 1,100 signatures are notarized and the remaining 1,400 are collected but not yet notarized and verified. Pennsylvania permitted independents to begin collecting signatures on March 10th. In roughly the same period of time as the Establishment parties had, the campaign volunteers have [...]
Speech at LiberTEA Party and PCN Coverage of Challengers Town Hall
While the campaign is still sorting out some grassroots video footage taken at several local political gatherings in the last hectic week (in other words a volunteer videographer is still needed! below is a video of an April 10th talk I gave that appeared on Pennsylvania Cable Network (PCN) and was broadcast on TV statewide. [...]

Recent Comments