Congress Should Vote ‘No’ on Bailout, Says Bob Barr

“The leaders of both the Republican and Democratic Parties are rushing ahead with their $700 billion bill,” says Bob Barr, the Libertarian Party candidate for president.  “Without a single hearing and without considering other solutions, Congress is preparing to put the typical American family on the hook for more than $8,000.  Legislators in both parties need to stand up for the American people and say no,” says Barr.

The Bob Barr Counter-Debate

While Senators Barack Obama and John McCain exchange stump speeches in Mississippi, Libertarian Party presidential nominee Bob Barr will be adding his take to the issues that impact all American citizens.

"Pretending there is only a Republican or Democratic proposal to solve the challenges our nation faces ignores the voices of millions upon millions of Americans who are sick and tired of partisan posturing," says Bob Barr.

The 'Bailout From Hell' Must be Rejected

In the name of restoring economic confidence, the Bush administration is demanding unlimited authority to implement a massive financial bailout. The Secretary of the Treasury would become an economic dictator, empowered to reengineer the economy as he sees fit. These powers fit Kim Jong-il's North Korea, not the American republic.

Barack Obama Can Debate Bob Barr

With the recent proposal of Senator John McCain to postpone the first presidential debate, it is clear that the Commission on Presidential Debates (CPD) has no authority.

"For the past several elections, candidates have used the CPD as an official buffer to keep competition out of the two-party presidential contest," says Libertarian Party presidential nominee Bob Barr. "McCain publicly proved with his announcement what we've been saying all along: The candidates call the shots as to when to debate, where to debate and who to debate."

McCain Already at Odds With GOP Platform in Supporting Bailouts

"Senator John McCain and Governor Sarah Palin should read the platform of their own party before making a plan to deal with this most recent financial crisis," says Bob Barr, the Libertarian Party nominee for president. 

"The GOP platform clearly states that it is opposed to government bailouts and market regulation," explains Barr.  "However, McCain and Palin are in favor of the bailouts if they come with market regulation.  Apparently, being a 'maverick' means favoring 'big government.'"