We're Not Going to Spend Our Way to Economic Recovery
American's largest third party is calling plans by the incoming Obama administration a "multibillion-dollar boondoggle."
"We're not going to spend our way to economic recovery," says Andrew Davis, a spokesperson for the Libertarian Party. "You can't even call Obama's economic plans a gamble because the results are written in stone. We've tried this Keynesian experiment many times in the past, with no proven success. It's nothing but a multibillion-dollar boondoggle."
In today’s political arena, it’s sometimes hard to tell left from right, and right from left. This makes finding the political “center” that much more difficult. So, is president-elect Barack Obama actually a centrist?
Libertarians Accuse Obama of "Hawkish" Foreign Policy
Party Says Obama Following Missteps of Bush Administration
America's largest third-party is accusing Barack Obama of pursuing the same "hawkish" foreign policy of his predecessor George Bush. "What we hoped to see with the incoming Obama administration were plans for a total withdrawal from Afghanistan and Iraq," says William Redpath, national chairman of the Libertarian Party. "Instead, we're seeing the same missteps of the Bush administration that have kept our troops in the Middle East since 2001."
Libertarian Party Warns Against Further Government Spending
America's largest third party is warning against the institution of new government programs in the wake of the current economic crisis. "Government programs tend to linger with disastrous economic consequences," says Libertarian Party spokesperson Andrew Davis.
"Congress needs to exercise extreme caution when considering any new government programs that are intended to act as a remedy for economic decline," says Davis. "The New Deal taught us that government programs die hard, and we're still suffering from the leftovers of FDR's administration."
Former Congressman Bob Barr, the Libertarian Party's 2008 presidential nominee, issued a statement condemning the proposed $15-billion bailout of the auto industry apparently nearing approval in the Congress. Barr said “the Faustian bargain” the Big 3 automakers reached with lawmakers “compounds the problem” of the massive bailouts backed by Congress and the Bush Administration, and apparently is structured so as to give the federal government a degree of involvement and control of GM, Ford, and Chrysler that the companies “will live to regret.”
The Libertarian Party of Illinois (LP Illinois) condemns the recent actions of Democratic Governor Rob Blagojevich and calls for his immediate resignation for the good of the State of Illinois.
Blagojevich was arrested on December 9, 2008, accused of scheming to profit from the selling of President-Elect Barack Obama's Senate seat for cash or for a political appointment. Charges against Blagojevich were detailed in a 76-page criminal complaint.
Says only hope for the long-term viability of automakers is bankruptcy and restructuring
The nation's largest third-party is calling for Congress to strike down a measure backed by the White House that would risk at least $15 billion of taxpayer dollars to bail-out the American automotive industry.
Resolution Condemning Domestic Deployment of the U.S. Military
The following resolution was passed by the Libertarian National Committee on Dec. 7, 2008 at its quarterly board meeting:
RESOLUTION CONDEMNING DOMESTIC DEPLOYMENT OF THE U.S. MILITARY
WHEREAS, the domestic deployment of 20,000 uniformed military personnel planned by the United States government undermines the Posse Comitatus Act of 1878, which forbids the use of the military for domestic policing; and,
WHEREAS, such a deployment is an alarming example of the increasing militarization of our society; and,
The Hill Asks: "Have the Big Three Made a Strong Enough Case for a Bailout?"
The Libertarian Party Says: "No."
The “Big Three” are back on the Hill, and this time the question is whether they can make a strong enough case in order to receive billions of dollars in taxpayer-backed loans to save their companies from bankruptcy.
Despite all the trappings of a truly repentant lot of CEOs who just got a bad shake (this trip, they substituted their private jets for hybrid cars), there is no case that they can make that will be strong enough to justify even $1 being used to prop-up their failed companies.
The Libertarian Party is America's third largest political party, founded in 1971. Our vision is for a world in which all individuals can freely exercise the natural right of sole dominion over their own lives, liberty and property by building a political party that elects Libertarians to public office, and moving public policy in a libertarian direction.
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