Steven Latimer

In a news release issued today, the Republican Liberty Caucus came out swinging against the U.S. government's proposed bailout plan, in which our federal government actually purchases key businesses that have failed and cannot stand on their own.

The organization's chairman, Bill Westmiller, starts the release by besmirching the government takover of bad businesses, then discusses why his organization feels that this current financial stress was caused by too much government intervention and regulation, not less. Finally, Westmiller laments over the lack of accountability measures in these "Government Sponsored Enterprises." He concludes by thanking those who are standing up against the proposed bailout.

The entire text of the RLC news release can be found here.