Was there a municipal election in your area this past week? Did you vote?
Well, quite a few Libertarians did. There was only a smattering of candidates nationwide, but in those races that had a Libertarian, 17% of those candidates won! Check out this list of states
and see who might have been in the ballot in your area.
And during this week of Mukasey and Musharraf, did you happen to notice that the national debt reached Nine Trillion Dollars
? Tis true, and trust me, it's not a good thing.
Washington, D.C. – The national Libertarian Party issued a scathing criticism of the Republican Party's fiscal performance after the Treasury Department's announcement that the national debt had reached an all-time record of $9 trillion this week. "The fact that the national debt has risen by more than 800 percent in an era dominated by Republican presidents will be the obituary of fiscal conservatism in the Republican Party," says William Redpath, national chairman of the Libertarian Party.
It took from George Washington to Ronald Reagan for the national debt to hit the $1 trillion mark--a period of more than 190 years. Now, 27 years later, the national debt has risen more than 800 percent under three Republican and one Democratic presidents. However, only $1.2 trillion of national debt was accrued during President Bill Clinton's administration, meaning the bulk of national debt comes from Republican administrations.
"It's tragically ironic that Republicans have crucified themselves on their own cross of fiscal irresponsibility," says Redpath. "Even Reagan, who has been deified by Republicans as the stalwart of conservatism, ran deficits and vastly expanded the size of government. When it comes down to brass tacks, Republicans of the last three decades can talk the talk, but have never walked the walk. A nine trillion dollar national debt is what happens when a political party fails to abide by its own standards of fiscal responsibility."
At the end of the fiscal year 1981, the national debt was $997 billion, according to the Treasury Department's Web site. By the time George W. Bush became president, the national debt had soared to more than $5.5 trillion. The national debt is now at $9 trillion.
"The numbers don't lie," says Shane Cory, executive director for the Libertarian Party. "Aside from a general disagreement in social philosophy and foreign policy, there is no real difference between the Republican and Democratic parties. And even those differences are waning. This is especially true when comparing the two parties' presidential frontrunners, Rudy Giuliani and Hillary Clinton. Giuliani and Clinton might as well be the same candidate."
"Americans want a choice for leaders of their country," Redpath concluded. "But they're not going to find it between Republicans and Democrats. The Libertarian Party is the only viable third party that offers a proven dedication to fiscal responsibility."
Nine trillion dollars is an awfully large number to grasp...but I'll try to anyway.
The Big Dig in Boston cost about $15 billion dollars. We could have 600 Big Digs at that price.
The average home price in the United States is currently $299,100 (for all areas, your mileage may vary). So we could buy 30 million single family homes at this price.
How about a college education? Harvard is the best, so at a four-year price of $180,000, we could send 50 million kids to school for free.
But don't take my word for it...go to the National Priorities Project
website and see what could have been funded in your state with some of this money.