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Wall Street Benefits Twice from Bailouts

Senator John McCain attempted to disguise reality by calling the $700 billion Wall Street bailout a “rescue,” but it’s obvious that the only people he and his colleagues were rescuing were the executives who had made bad investment decisions, as well as the politicians who had pushed increased mortgage lending, irrespective of cost, triggering today’s crisis. Now it turns out that the companies getting bailed out will benefit twice.

Alternative Voice Needed in Final Debate

The presidential and vice-presidential "debates" are awful. The bloviating is excessive; the substance is minimal; and the moderating is bush league.

Virtually no one has been satisfied with the debates so far--except perhaps Barack Obama's campaign staff. The less substantive and contentious the debate is, and the less interesting the discussion--the better it is for the political front-runner, but not for the American people.

Time to Appoint Judges Dedicated to Constitutional Liberty

“The Supreme Court has begun another term, and it again possesses a full docket of critical cases,” observes Bob Barr, the Libertarian Party candidate for president. “Judicial appointments are one of the most important issues in choosing the next president, but we don’t need conservative or liberal justices.  Rather, we need justices committed to the Constitution, with its stringent limits on government power and strong protections for individual liberty,” Barr explains.

Bush Administration Hypes Danger to Justify Intervention

"The Bush administration once again misled Americans into believing extreme danger was imminent and extraordinary U.S.

Economic Chaos Increases After Congress Passes Bailout

Congress passed the $700 billion Wall Street bailout on Friday, supported by both Senators John McCain and Barack Obama. The U.S. stock market promptly dropped.

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