Libertarian Party slams the bailout bill

Andrew Davis, Director of Communications for the Libertarian Party, scrutinizes the Wall Street bailout bill that has passed the Senate:

At first, it was but three pages.

Then, it grew to 42.

When it was voted on last night, the bill was the size of a novel.

A 451-page novel they most likely did not read before completing the first of three steps into making it law.

Packed with “sweeteners”–the deceptive name for political bribes—the bill passed with ease.

As Davis lists some of those “sweeteners,” the natural reaction is: What does this have to do with saving our liquidity market?—supposedly the aim of the bailout. To get the votes, the bailout bill has also become a huge earmark bill—one John McCain approves of.

Davis adds:

With the nomination of John McCain, the Republican Party once-and-for-all gave up their claim to be the “Party of the Free Market.”

Barack Obama, who claims to be for “Main Street,” put taxpayers on the line for Wall Street, relinquishing their claim to be the “Party of the People.”

4 Responses to “Libertarian Party slams the bailout bill”

  1. Jeremy Bauserman Says:

    Most House Republicans (108) voted no on the bail out bill.

  2. ken Says:

    Another unread bill. But you can bet the lobbyists had it written years ago and were waiting for their chance.

    For Libertarian action on the problem of unread bills, see www.DownSizeDC.org for e-action that you can take.

  3. Ferenc Says:

    Vote against all of those who vote for this bill. Vote third or independent candidates if you can.

    God Bless

  4. Donald R Lake Says:

    It is the least that Libs could have done; they have so mute so often!

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