Barr Says DC Should Respect Heller Decision
Tuesday, July 22, 2008
July 21, 2008 3:25 pm EST
Atlanta, GA -- “Citizens of Washington, D.C. and firearms rights organizations must be prepared to file a quick and clear challenge to the new Washington, D.C. gun control law designed to keep them disarmed,” says Bob Barr, the Libertarian Party candidate for president. “The City Council is attempting to flout the recent U.S. Supreme Court decision in Heller that explicitly affirmed an individual’s right to own firearms. The Council is disingenuously doing this by appearing to legalize gun ownership while restricting the right into ineffectiveness.”Link to full post.
For instance, explains Barr, “the District of Columbia will continue to ban semi-automatic weapons, the most common kind of handgun in America. Moreover, residents will be required to keep their guns unloaded and either disassembled or disabled with a trigger lock. Unfortunately, most criminals aren’t going to give homeowners the courtesy of waiting for them to make their weapons operational before striking.”
The right to bear arms is correctly an absolute. Heller was a 'mostly good' decision, but fell short of ensuring this most basic liberty.
Dick Heller is considering a run for office as a Libertarian candidate.
Labels: Bob Barr, Dick Heller, Heller vs DC, Libertarian Party
posted by Mike Kole @ 10:07 AM,
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Bob Barr Says Privatize Fannie Mae & Freddie Mac
Wednesday, July 16, 2008
Bob Barr isn't talking about bailing out bad decisions, like some other candidates are. He's talking about ending a disaster:
Oklahoma City, OK -- The latest financial crisis involving Fannie Mae and Freddie Mac, which guarantee home mortgages, demonstrates yet again how government intervention in private markets almost always comes to grief. Both Fannie Mae and Freddie Mac are nominally private, but were created by Congress and enjoy significant advantages over truly private companies, including cheaper borrowing, lower capital requirements, and an implicit federal guarantee.Link to Barr's full statement on Fannie Mae & Freddie Mac.
As a result, the two organizations behaved irresponsibly, confident that they were “too big to fail.” They own $5.1 trillion in mortgage debt, almost half of the nation’s total. With the sub-prime lending crisis in full swing, their losses are up, their capital is down, and their ability to borrow is falling. Immediate privatization is difficult because the markets doubt the organizations can survive without government support. Insolvency and a forced asset sale would roil both the housing and financial
markets.
These problems are almost entirely the fault of the federal government. Congress created programs to artificially inflate the housing market, established Fannie Mae and Freddie Mac to be exempt from normal scrutiny, oversight, and competition, and expanded their activities in response to the sub-prime lending meltdown. Government must get out of the mortgage business, but must do so in a way that least harms taxpayers and the economy.
Update: McCain & Obama campaigns have ties to Fannie Mae & freddie Mac. That could explain their interest in bailouts.
Labels: bailouts, Bob Barr, Fannie Mae, Freddie Mac
posted by Mike Kole @ 9:42 PM,
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Andy Horning's Platform
Tuesday, June 17, 2008
Our Libertarian candidate for Indiana governor has a unique platform- The Indiana Constitution.
Andy's assertion is that, just like our US Constitution is ignored in the making of laws by the Congress, our state's Constitution is likewise ignored by our state legislature. Where does the governor come into play? The governor signs, or refuses to sign, bills into law. Andy Horning would not sign unconstitutional bills into law.
For more, check out this link to Andy's blog, where he has commented on the entire Indiana Constitution.
Labels: Andy Horning, governor, Indiana Constitution, Libertarian Party
posted by Mike Kole @ 11:24 AM,
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