Happy to hear "libertarian" mentioned regarding the bailout defeat
It does my heart good to read/hear multiple sources describe a surge of libertarian sentiment (even if not knowingly so) from voters, and to hear a fairly important TV business commentator suggest that Libertarian candidate Bob Barr might gain a little traction because of his opposition to the bailout plan.
No, I am not suggesting Barr has any chance of winning. But it would make me happy to see more people listening to his message and learning about libertarian views, regardless of party affiliation.
So, here's an article relating to this topic:
Libertarian Populism, Robert Stacy McCain, American Spectator, 9/30/2008
http://www.spectator.org/dsp_article.asp?art_id=13966
And Bob Barr talking with Neil Cavuto just as the House was voting down the bailout:
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09/30/08 @ 01:49:45 pm
I'm going with the guy Paul endorsed, Chuck Baldwin, of the Constitution Party, Thank you very much!
09/30/08 @ 03:36:20 pm
Though I'm not a libertarian, I am more and more convinced that a free market solution to this problem exists and would solve this for the better. It's barriers to entry and other bottlenecks in the regulations and systems that are preventing these companies and assets from changing hands quick enough so that the governement doesn't have to be the clearinghouse for all these bad debts.