William “BJ” Lawson has released a new video that concentrates on David Price’s vote for the Paulson bailout plan. Hopefully the Lawson for Congress campaign can effectively use the ammunition Price gave them with the vote of “aye” for the billionaire bailout.

Lawson’s Campaign tracker @ LawsonforCongress.com shows over $50,000 being brought in today already.

The terrorists we must fight are not crouched in caves thousands of miles away.

The terrorists we must fight are threatening us with financial weapons of mass destruction that are destroying our economic system.

As described by Warren Buffet in his 2003 letter to Berkshire Hathaway shareholders, the financial industry has created new types of derivatives that he described as “financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”

As summarized in this BBC article:

Contracts devised by ‘madmen’

Nothing like a midnight press release from the SEC to let us know that all is well:

SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets

FOR IMMEDIATE RELEASE
2008-211

Commission Also Takes Steps to Increase Market Transparency and Liquidity

Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission, acting in concert with the U.K. Financial Services Authority, today took temporary emergency action to prohibit short selling in financial companies to protect the integrity and quality of the securities market and strengthen investor confidence. The U.K. FSA took similar action yesterday.

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Additional Materials

 

• Emergency Order, Release No. 34-58592.pdf
• Emergency Order, Release No. 34-58591.pdf
• Emergency Order, Release No. 34-58588.pdf
• Form SH
• Form SH Instructions

 

 

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The Commission’s action will apply to the securities of 799 financial companies. The action is immediately effective.

SEC Chairman Christopher Cox said, “The Commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets. The emergency order temporarily banning short selling of financial stocks will restore equilibrium to markets. This action, which would not be necessary in a well-functioning market, is temporary in nature and part of the comprehensive set of steps being taken by the Federal Reserve, the Treasury, and the Congress.”

I visited China in the summer of 2007 while everything was bubbly and beautiful in their equities markets. Our group met with a representative of the Shenzhen stock exchange, who told us how the Chinese government had taken steps to ensure that China’s markets would always be stable and prosperous. The government knows who is buying and selling every position, so they can identify “market manipulators.” Most importantly, the government has outlawed short selling.

How has this transparency and forbidding short selling helped the Chinese market over the past year?

Happy Constitution Day!

Here’s a quick reminder about the Lawson Liberty Fund- today is the day to donate- and I encourage you to give generously.  Dr. Lawson may not be running to be your Congressman, but he will represent your interests and be a voice for liberty in Congress.  With your support, we could have two “Dr. No”s in the House.

B J released some exciting results from the poll he took, which encouraged me to give even more than I’d planned.

How We’re Doing: First Polling Numbers

By: BJ Lawson

As you know, I’m a big believer in transparency in government. That translates into transparency in campaigns, as well — especially since our campaign is supported by so many people. Many have asked for insight into how we’re doing, and tonight we received results from our first poll.

We called a sample of 1,105 households across the district, stratified by precinct. Before we hit the results, let’s review our district’s demographics:

Democrats: 46%
Republicans: 28%
Unaffiliated: 26%

As you can see, while Democrats far outnumber Republicans, Unaffiliated voters and any swing Democrats can provide a margin of victory.

Here is the sample that we polled:

Democrats: 57%
Republicans: 26%
Unaffiliated: 17%

So our sample had significantly more Democrats than the overall district, with slightly fewer Republicans, and significantly fewer Unaffiliateds.

Here are our results:

Price: 56%
Lawson: 31%
Undecided: 13%

Considering that our ten-term incumbent typically wins this district with 65% of the vote, he’s off from his typical pace. Furthermore, the presence of 13% undecided is not exactly bullish for a ten-term incumbent who advertises liberally with taxpayer-financed mailings.

At this point, it appears we have reason to redouble our efforts towards this election. Not only are we maintaining our base, but we picked up five percent from Unaffiliated and Democratic voters — only 26% of our sample was Republican, and we’re polling at 31%. While our incumbent is polling at 56%, the sample was 57% Democratic — and the overall district is only 46% Democratic.

We know it’s time for change. I wouldn’t want to run against change this year. Nor would I want to run against a federal government that follows the Constitution.

Today is Constitution Day — please donate to fund our mail and media campaign, and help us win this election.

This video perfectly illustrates why he won his election with such a large margin. Looking forward to a hard fought win in November!!

Congratulations to Dr. Lawson! Lets all donate $5 dollars to his campaign to jump start them into the General Election. Lets also remember all of the people that have worked so hard and volunteered their time to help Dr. Lawson have such a strong showing in NC. With more money, Dr. Law will be able to hire these dedicated people as full time staff to make our General Election dreams come true.

We must remember that this is not just a fight for North Carolinians! Our country would benefit enormously from having 2 good Doctors on the House Floor - fighting for our rights - fighting for people who do not even realize they are being fought for.