For Immediate Release Monday, August 18, 2008
American taxpayers should not pay for the mistakes of other nations
‘The Bush administration is talking about pumping aid into the damaged Georgian economy, after that nation’s short war with Russia,” says Bob Barr, the Libertarian Party candidate for president. “The conflict between Georgia and Russia was tragic, but it’s time officials in Washington stopped treating the Treasury Department like an ATM for the world. The deficit rose last month after Uncle Sam had to bail out several failed banks and the total federal deficit this year is going to run about $400 billion. It’s time to say enough!’
‘The U.S. spent $21 billion on foreign aid last year, not counting money for Iraq,’ explains Barr. ‘Over the years Washington has shipped hundreds of billions of dollars overseas, with much of it wasted. The Third World remains poor, only with a larger debt. Indeed, U.S. aid programs often subsidized socialist and undemocratic regimes.’
‘The Saakashvili government in Georgia made a foolish mistake by initiating hostilities in its breakaway province of South Ossetia,’ notes Barr. ‘American taxpayers should not have to pay for that mistake. After all, they already are paying $10 billion a month for the administration’s mistaken invasion and occupation of Iraq. They cannot afford to pay the price for other people’s wars as well,’ says Barr.
‘Instead of increasing foreign aid, the U.S. government needs to cut the amount of taxpayer money that it sends overseas,’ insists Barr. ‘Most important, it is time to start saying no more. No more international welfare clients. No more foreign governments treating America as a cash cow. We need to put our own fiscal house in order rather than constantly bail out irresponsible governments around the world.”
Bob Barr represented the 7th District of Georgia in the U. S. House of Representatives from 1995 to 2003, where he served as a senior member of the Judiciary Committee, as Vice-Chairman of the Government Reform Committee, and as a member of the Committee on Financial Services. Prior to his congressional career, Barr was appointed by President Reagan to serve as the United States Attorney for the Northern District of Georgia, and also served as an official with the CIA. Since leaving Congress, Barr has been practicing law and has teamed up with groups ranging from the American Civil Liberties Union to the American Conservative Union to actively advocate every American citizens’ right to privacy and other civil liberties guaranteed in the Bill of Rights. Along with this, Bob is committed to helping elect leaders who will strive for smaller government, lower taxes and abundant individual freedom.
The Libertarian Party is America’s third largest political party, founded in 1971 as an alternative to the two main political parties. You can find more information on the Libertarian Party by visiting www.LP.org . The Libertarian Party proudly stands for smaller government, lower taxes and more freedom.