=============================================== NEWS FROM THE LIBERTARIAN PARTY 2600 Virginia Avenue, NW, Suite 100 Washington DC 20037 =============================================== For release: July 16, 1997 =============================================== For additional information: George Getz, Deputy Director of Communications Phone: (202) 333-0008 Ext. 222 E-Mail: 76214.3676@CompuServe.com =============================================== Pull the plug on political corruption hearings, say Libertarians WASHINGTON, DC -- Want to put an end to political corruption and influence-peddling? Start by pulling the plug on the Congressional hearings on campaign fund-raising now going on in Washington, DC, says the Libertarian Party. "Ending this charade now would have two immediate benefits," said Steve Dasbach, the party's national chairman. "First, it would save taxpayers millions of dollars. Second, it would deny politicians the chance to use their past crimes as an excuse to write more bad laws -- such as increased taxpayer funding for political campaigns. "More important, these hearings are pointless because they're attempting to prove something that a vast majority of Americans already know: That Republicans and Democrats are drowning in a cesspool of corruption." The hearings, which continue this week, focus on charges of illegal fund-raising by the White House and Congressional Democrats and Republicans. Sifting through the myriad charges of corruption and influence-peddling will take until year's end, investigators estimate -- and cost taxpayers more than $10 million. "Did Bill Clinton accept millions of dollars from shadowy Asian businessmen to fund his re-election?" Dasbach asked. "Did Congressional Republicans and Democrats accept millions from corporations and labor unions in exchange for government contracts and corporate subsidies? Of course they did -- and the American people know it. "Unfortunately, the politicians who are holding these hearings are the same ones who wrote the laws they broke, and who created a lucrative government treasure chest for the special interests to fight over. Counting on politicians to enact reforms is like letting Mike Tyson referee his next boxing match." In fact, recent public opinion polls show that voters already know what politicians are spending $10 million to discover -- that "corrupt politician" is a redundancy. * By a margin of 45% to 35%, Americans think the country's foreign policy was for sale during the 1996 elections, according to a poll released this week by Fox News and Opinion Dynamics. * A majority of Americans -- 51% -- believe that "quite a few people running the government are crooked," according to a New York Times poll taken last November. * An astounding 94% of Americans distrust the federal government, a Washington polling firm found in May. "Politicians are well aware that they've sold the government to the highest bidder," Dasbach said. "So why are they taking such a perverse delight in exposing their sins on national television? "Perhaps because the real purpose of these hearings is to sneak through so-called campaign finance reforms that will let them pretend they've solved the problem -- while protecting their hold on power." For example, Dasbach noted that proposals are already being floated on Capitol Hill to force taxpayers to completely subsidize Democratic and Republican political campaigns and to compel television networks to air political ads for free. So what's the real solution to cleaning up Washington, DC? "The only way to end political corruption for good is to strip politicians of their ability to hand out favors at taxpayers' expense," Dasbach said. "And that means dramatically reducing the size and power of government. After all, the only politician who can't be bought is one who has nothing to sell." The Libertarian Party http://www.lp.org/ 2600 Virginia Ave. NW, Suite 100 voice: 202-333-0008 Washington DC 20037 fax: 202-333-0072