Libertarian presidential candidate says Bush administration hyped danger to justify bailout
Libertarian presidential candidate Bob Barr blasted the Bush administration for using fear to get a $700 billion federal bailout package through Congress.
"The Bush administration once again misled Americans into believing extreme danger was imminent and extraordinary U.S. government intervention was required to save our country," Barr said.. "And, once again, the intervention of the Bush administration has made things much worse."
"In 2003, the Bush administration said that if we did not act immediately in Iraq, Americans faced imminent threats, and conjured images of mushroom clouds and terror attacks," Barr explains. "Americans, trusting that our government officials knew what they were talking about, went along with the panicked calls for action, only to be bogged down in an occupation of Iraq for the last five years."
"When financial firms began feeling the impact of years of irresponsible lending, Bush, along with Senators John McCain and Barack Obama, began invoking similar apocalyptic scenarios?like the Great Depression?justifying immediate government intervention in the economy," Barr continues. "Now, taxpayers are $700 billion in the hole, and the economy is continuing its downward slide."
"No longer should Americans look to the government as the fix to today's problems," says Barr. "American voters should throw-out all of these politicians who hyped the danger and put taxpayers on the hook for what will amount to be more than a trillion dollars. No longer can we stand for an alarmist government, which approaches our problems with a quick fix rather than a reasoned solution. Bush, McCain and Obama should have taken a deep breath, and stayed out of the way as the market continues its painful adjustment process," Barr says.
"Instead, they took a bad situation and made it worse?with taxpayers picking up a huge debt," Barr says. "More government is not the answer."
"We've gone from threats of mushroom clouds and alleged vials of anthrax, to threats of massive unemployment and no credit for student loans," Barr notes. "And who is responsible for this alarmism and paranoia? Senators John McCain and Barack Obama, just to name a few people. Senators McCain and Obama are not friends to the taxpayers. They are two faces to the same problem: big government."
"It is time for a change," says Barr. "A change to keeping government small, and the taxpayers protected from the government's greedy hands. This change will not come from big-government types like Senators McCain and Obama. It will only come from outside the political establishment. Only through a vote for Bob Barr and the Libertarian Party will America return to a society with less government, fewer taxes and more individual freedom."
Libertarian Party presidential candidate Bob Barr represented the 7th District of Georgia in the U. S. House of Representatives from 1995 to 2003.