Libertarian federal candidates pledge to end crony capitalism

For Immediate Release Thursday, September 8, 2016

ALEXANDRIA — Libertarian candidates running for U.S. Senate and U.S. House in November have pledged to end crony capitalism. Each of 43 candidates made the following pledge:

If elected, I will sponsor and work diligently to pass legislation to:

  • end government bailouts, grants, loans, loan guarantees, and other handouts to private businesses;
  • eliminate unnecessary government spending, which fuels crony capitalism;
  • open up bidding of government contracts; and
  • require all government contractors and their employees to agree to abstain from lobbying or from promoting or opposing political campaigns.

‘You almost never find Democratic or Republican politicians willing to make bold, positive proposals like this, that would actually bring about change,’ said Nicholas Sarwark, Chair of the Libertarian National Committee. ‘That’s because they have no intention to end crony capitalism. They thrive on it. In contrast, Libertarians are committed to ending this outrage, and giving Americans back their money and their jobs.’

Click here to see the list of Libertarian federal candidates who pledge to end crony capitalism, along with a list of the benefits of doing so.