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Post by unlawflcombatnt on Aug 12, 2008 2:04:05 GMT -6
Libertarian Presidential candidate shares the same shortcoming as many Libertarians -- an advocacy of allegedly free trade. Even worse, the only regulation he advocates is protection of the "property rights" of US overseas investors and capitalists in foreign countries. Below is an excerpt from his site about trade, which he prefaces by criticising Obama's global poverty reduction proposal " In fact, “there is a far more powerful tool to revitalize Third World economies, and that is the private market,” Barr explains. “Last year $600 billion was invested in and donated to developing countries by private companies and individuals. Expatriate workers sent another $220 billion home in remittances. Poor nations can encourage even more outside assistance as well as domestic production by getting their policies right—liberalizing their economies, protecting human rights, ensuring respect for property rights, and enforcing the rule of law,” Barr adds. “Rather than passing new laws and calling for new strategies, the U.S. Congress should reduce trade barriers, which would help poor nations participate in the international marketplace, and fix America’s counterproductive tax, regulatory, and budget policies, which would spur growth at home and trade and investment abroad,” says Barr." www.bobbarr2008.com/press-releases/71/rely-on-trade-not-aid-to-help-third-world-says-bob-barr/Just lovely.
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Post by blueneck on Aug 12, 2008 4:24:32 GMT -6
And here I was thinking Barr might have been a plausible third party candidate
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