Bob Barr blasts Fannie/Freddie bailout

Perhaps an issue has fallen into the lap of Bob Barr that will give his little-noticed presidential campaign some traction—especially among libertarian-minded Ron Paul backers who have not exactly flocked to Barr’s banner.

So begins the Los Angeles Times politics blog Top of the Ticket. It then quotes from the Barr campaign’s media release on the bailout:

Congress set up the taxpayers for big losses when it established these quasi-government agencies to subsidize the housing industry, and then earlier this year voted to approve direct federal support for them. Policymakers should learn from the latest financial disaster and say never again. ...

...First, government subsidizes an industry. Then, after the industry crashes, government bails it out! The one factor that never changes is: the taxpayers lose. ...

...It is time to say no more. Fannie Mae and Freddie Mac need to be privatized and sold off. And Congress must stop treating the federal government like a national soup kitchen for businesses in trouble.

13 Responses to “Bob Barr blasts Fannie/Freddie bailout”

  1. John Lowell Says:

    Good ole Liberty Bob talking about bailouts that aren’t investor bailouts. Beside censoring blogs and refusing to answer questions bearing on his alleged “pro-life” views, does Bob do anything else well? Not from appearances. Gee, Bob, are mortgage loans supposed to come to end?

  2. Fielding J. Hurst Says:

    Amen, Brother Barr.

  3. Impeach Bush Says:

    Interesting… Didn’t Barr suposivley support the bailouts when they were first proposed?

  4. joeliberty Says:

    To everyone who claims to be a libertarian and supports Bob Barr: Bob Barr voted for the Patriot Act and did not even read the legislation! Is he repentant from this or has he apologized for it? Many libertarians criticize Chuck Baldwin, but I think that he deserves a fair shake as he was one of the first people to denounce the Patriot Act! Of course, he is not a Washington insider like Barr was and did not know about it until after it was passed! In these United States we claim to support freedom of speech, but if Chuck says anything about God….many so-called “libertarians” fly off the handle. That last time I checked almost all of founding fathers talked about God, even Thomas Jefferson and believed in freedom of speech. I support everyone’s freedom of speech as a right from God….to not believe in God and proclaim it or to proclaim Him loudly. Know one should be forced or muzzled because of unpopular speech!

  5. Steven R Linnabary Says:

    And Congress must stop treating the federal government like a national soup kitchen for businesses in trouble.

    What a GREAT line!!

    I’m going to steal it for my race.

    Read more:


  6. Mark Smith Says:

    Barr says he is one of only a handful of congresscritters who DID read the USA PATRIOT act before voting on it, which is why he says he pushed for inclusion of sunset provisions in the bill.

  7. formerlp Says:

    I gave you a thumbs up Jonathan, you are persistent.

  8. Dwayne Says:

    I’m glad to see these libertarians tearing each other apart. By reading these threads you would think Barr is leading in the Polls not Obama or McCain. I guess that’s why third parties never succeed. Keep it up ! I’ll be watching

  9. John Lowell Says:


    Cross your legs, your breath smells.

  10. Tom Bryant Says:

    Barr was not supportive of a bailout, but did incidate that he would support giving loans to the organizations IF that would prompt a restructuring of the organizations to be truly private entities.

    Instead, we went the complete opposite direction and have made them truly public entities.

  11. Catholic Trotskyist Says:

    Many of you will probably be unhappy at my return, but I had to wait until my new computer got delivered, since the agents of the fascist/stalinist criminal Ralph Nader ruined my computer with spywhere. I hope a lot of you were thinking about me when Obama chose the Holy Catholic Revolutionary General Joe Biden as his running mate. Biden is a Catholic Trotskyist, and will sponsor Obama and Jeremiah Wright into Catholicism next year. Then they will ban abortion, and by the end of their first term they will utterly crush the sovereign infrastructure of the world and initiate the Christian/Muslim Libertarian Socialist world government. The governmen’ts bailout of the mortgaage companies is a great indication of things to come, as it signifies the impending fall of capitalism. This time the socialists will not make the mistake of abandoning the church.

    Praise Jesus, Praise Trotsky, Praise Obama.
    Praise Trotsky and Lenin as their souls finally transit from purgatory to Heaven. Amen.

  12. Tom Bryant Says:

    It’s amazing how humans can be the smartest lifeform on this planet, and also the dumbest at the same time.

  13. Clark Says:

    ..i feel a good sing coming on!..

    My—! (Republicrats) come and go so quickly here!
    Follow the Yellow Brick Road. Follow the
    Yellow Brick Road?

    Follow the Yellow Brick Road.

    Follow the Yellow Brick Road.

    Follow the Yellow Brick Road.

    Follow the Yellow Brick Road.

    ELS —Shooting down from high set-up to Dorothy on the Yellow Brick Road—the Munchkins all grouped along the border of the road—CAMERA BOOMS
    up as they sing while Dorothy walks around the road—
    Follow the Yellow Brick Road.
    Follow the Yellow Brick Road.
    Follow, follow, follow, follow,
    Follow the Yellow Brick Road.

    Follow the Yellow Brick
    Follow the…

    LS —Dorothy comes forward down the Munchkin-lined Yellow Brick Road—she dances, skips along—CAMERA BOOMS rapidly back along the road ahead
    of her—Munchkins entered lined up along the road—all greet her, then
    follow her down the road—the Five Fiddlers sing as they head the
    procession—Dorothy passes through the gates of Munchkinland and exits
    to f.g.—the Munchkins stop at the gates—
    ...Yellow Brick
    Follow the Yellow Brick Road.

    You’re off to see the Wizard
    The Wonderful Wizard of Oz
    You’ll find he is a whiz of a Wiz
    If ever a Wiz there was.
    If ever oh ever a Wiz there was
    The Wizard of Oz
    Is one because
    Because, because, because, because,

    Because of the wonderful things he does…

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