Investigate Fannie Mae, Freddie Mac Lobbying, Says Bob Barr

“Ground zero of today’s economic crisis was irresponsible mortgage lending by government-backed enterprises, most notably Fannie Mae and Freddie Mac,” explains Bob Barr, the Libertarian Party candidate for president.  “Yet, Freddie Mac spent extravagantly to prevent Congress from imposing even loose controls over its operations. We need a full and open investigation of Freddie Mac’s lobbying practices, which have cost the taxpayers so much money,” notes Barr.

Time For Real Economic Reform

After several huge, government bailouts, and other measures placing trillions of taxpayer dollars at risk, the nation’s financial system remains far from stable.

‘Bob the Builder’

"'Joe the Plumber' doesn't need Senators Barack Obama or John McCain'" says Bob Barr, the Libertarian Party's nominee for president.  "He needs 'Bob the Builder.'"

Bob Barr Moves Presidential Debate into 21st Century

Using the latest advances in campaign social networking and Internet communication, Libertarian Party Presidential Nominee Bob Barr will be participating in a real time, virtual debate during the televised debate between Senators Barack Obama and John McCain.  Barr's virtual debate will be streamed live over the Internet at beginning at 9:00 p.m. [EST]. 

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.