Liberty MavenCollins Bailey, Candidate Interview Part 2
February 18th, 2008 10:33 pm | by Marc Gallagher | Published in Collins Bailey Interview | Comment
Continuing our interview with Collins Bailey here is part 2. If you haven’t read part 1 yet, check it out.
For all Liberty Maven interviews see the interview page.
LM: President Bush and Congress recently worked out an agreement on an economic stimulus bill. If you were in Congress for the vote on this bill would you have voted for it?
Bailey: It is truly amazing how quickly Congress can act when it stimulates their reelection. Since Congress is running a deficit of one billion dollars per day, any additional spending will be offset with a further devaluation of the dollar causing a loss of buying power equal to the “rebate”. The money for the “stimulus” bill will be paid with money borrowed from China and Saudi Arabia.
