When Bob Barr spoke out in favor of a Fannie/Freddie bailout two months ago, expropriation apparently was not what he had in mind. The Libertarian Party presidential candidate issued a press release condemning the government’s seizure of the two mortgage giants.
“Fannie Mae and Freddie Mac need to be privatized and sold off,” Barr says.
However, given that the two companies were privately owned with stock trading on the NYSE, it’s unclear how exactly they could be further “privatized and sold off.”
On the subject of foreign policy, Barr issued a press release yesterday characterizing the Bush administration’s approach as a “failure,” and McCain-Palin a would-be continuation of that “failure.”
“One of Palin’s chief foreign policy briefers is Sen. Joseph Lieberman; another strong advocate of going to war, even when America doesnâ€™t have a vital interest at stake,” Barr says.
Barr’s own running mate, Wayne Allyn Root, contributed $1,000 to Lieberman’s 2006 campaign and advocated a McCain-Lieberman ticket.