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Bob Barr Bringing Down Goliath: The People's Battle Against Big Government, Big Candidates and Big Spending on BizRadio
Monday June 16, 7:27 am ET
HOUSTON, TX--(MARKET WIRE)--Jun 16, 2008 -- Bob Barr, former congressman and Libertarian
presidential candidate, joined BizRadio (Houston,
Texas) host Daniel Frishberg on "The Money Man Report" to
explain the
foundations, drive and confidence behind his run for the
White House. At 59
years old, Mr. Barr admits that he doesn't know how much
longer he will be
on this earth, but that he intends to spend each day he
has left "improving
the public's understanding and the choices available to
turn this country
and economy around."
Seeing a tremendous opportunity for change in the United
States' government
and economic system, Mr. Barr said there is a movement of
people, including
young Americans, that sees the corruption that plagues the
system. Many
citizens believe officials are driving their money and the
resources of
their children and grandchildren into the ground. From the
outpouring of
money in terms of foreign aid, the funding of the occupation
of Iraq and
such looming programs as the prescription drug benefit plan
and Social
Security, "Americans are coming around to realizing…
that they had better
seize control of their future cycle or they're not going
to be able to,"
Mr. Barr said.
And, what about oil? Is it better to simply allow oil prices
to rise and
suffer the fate of market forces? In traditional economic
theory, when
demand is constrained, prices will naturally rise, resulting
in people
buying less, using substitute products or developing the
capability to
afford more. Oil prices, the topic of heated debate in recent
months in the
news media and the source of pain for many Americans, raised
a valuable
discussion regarding Mr. Barr's personal economic ideals.
Prompted with
initial amusement by the question, Mr. Barr said, "The market
is the most
magnificent mechanism in the history of the world for finding
an
appropriate balance between a person's desires and their
ability and
willingness to pay for that."
With other Libertarians, such as Ron Paul, making big political
waves
lately, does Mr. Barr also take the outspoken stance on
the eradication of
the IRS? And, what are his feelings on the Fair Tax? Mr.
Barr is clearly
adamant that the real issue is getting a handle on federal
spending,
ceasing federal intervention in the economy and relinquishing
federal
responsibilities in social services. In his opinion, after
these issues are
dealt with, it will be an appropriate time to tackle the
tax system. "If
you don't get a handle on federal spending, no matter what
system of
taxation you wind up with… it is going to be taking
too much of people's
money," Mr. Barr said.
In the closing minutes, the Money Man posed this question,
"If you became
the president, what would you do in Iraq?"
Mr. Barr: "I will tell you one thing that I would not do,
and that is to
signal a timetable to our adversaries… The Iraqi government
will not take
responsibility for its own economic, political or security
affairs so long
as we are there propping it up, and it is irresponsible
to be spending $400
million a day of U.S. taxpayer dollars; that's something
these folks
sometimes forget -- that is money that is coming indirectly
out of the
pockets of U.S. taxpayers."
The Libertarian Party, called "The Party of Principle,"
advocates smaller
government, lower taxes and more freedom. For more information,
visit
www.lp.org.
For more information on BizRadio, the Money Man or for a
webcast of this
interview, visit BizRadio or Industrialinfo.com
Radio.
Contact:
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