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Friday, September 08, 2006


Dick Armey ‘08?

Former House Majority Leader, and North Dakota native, Dick Armey is heading for Iowa and the Wall Street Journal is getting the ball rolling with throwing Armey's name out there for 2008.

With 2008 only 16 months away, it’s not too early for would-be presidents to spend some quality time in Iowa, where precinct caucuses kick off the presidential nomination races. Consider former House Majority Leader Dick Armey, who’s holding an event at a Des Moines Holiday Inn on Sept. 19 to “share (his) vision for the future, and how to keep America moving forward with a Freedom Agenda…”

Armey hasn’t mentioned anything yet about running. But the two-hour wonkfest (admission, $25) will include a speech from the retired Texas Republican about his views on personal retirement accounts, tax reform and “retaking control of the budget process” in Congress. The trip is one of many Armey is planning this fall on behalf of FreedomWorks, his grassroots operation that announced a $4 million get-out-the-vote blitz. The group aims to help Republicans keep their House seats and lend a hand in a few Senate races, including Washington, Nebraska and Michigan. - Amy Schatz


The event will be hosted by Steve Forbes, Senator Charles Grassley and Iowans for Discounted Taxes (and I will try to make the 120 mile drive myself.)

Adding to the speculation is that Armey's PAC - FreedomWorks - is touting articles on this subject.

Washington Post on Dick Armey

ABC’s ‘The Note’ mentions Armey’s Iowa trip

On top of this Armey went on NPR and discussed how Tom DeLay actually made the problem of earmarks worse.

Something I didn't know is that he has his own 'curve" to describe the relationship of Economic Growth and Public Spending:



Armey argues that non-existence of government causes a state of anarchy and low levels of wealth creation, because of the absence of the rule of law and protection of property rights. In civilizations with extremely small or non-existing public sectors, citizens lack the incentives to save and invest. The absence of the rule of law and continuous threat of theft or expropriation has demotivating effects. Also the total lack of collective infrastructure leads to poor productivity and consequently low levels of wealth creation.


Crossposted from FreeRepublicans.com

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