Libertarians for Ron Paul

“Republicans and Democrats have come together to create a bipartisan measure that puts the American taxpayer on the line for risky loans and poor decisions.  No person should be asked to pay for his neighbor’s foolish choice to take on a mortgage he couldn’t afford, or for a lender that makes a risky loan.  What happened to individual responsibility?  President Bush should veto any sort of legislation that seeks to manipulate the housing market with taxpayer-subsidized bailouts, or any sort of bill that prevents buyers and lenders from taking responsibility for their decisions.  The housing market should be a free market, where everybody faces the responsibility for the decisions they make without hanging the taxpayer out to dry.  A second mortgage should not mean helping to take on your neighbor’s.”

Full statement from The Libertarian Party http://www.lp.org/media/article_584.shtml