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William Barnes on Budget & Economy

 


Reduce spending and increase accountability

Bill Barnes selected AGREE for: "There is a great need to control government spending and reduce waste in government programs at every level. I pledge to reduce spending and increase accountability in spending."
Source: Alabama Eagle Forum 2010 Candidate Questionnaire Aug 11, 2010

Re-evaluate & reform banking and finance deregulation

Q: Do you support the Financial Reform & Consumer Protection bill?

A: I favor the bill. because we had protections in place going back as far as the 1930's that prohibit a lot of foreign investments in our country, prohibited banks from going in other areas of business other than banking--into insurance, for example. What we had the last 24 years or so was a relaxation--deregulation--of that and it's what's brought us to where we're at economically. Those rules and regulations in the 1930's were put there to help prevent what has happened with business becoming "too big to fail" as we've termed it. It's time we went back and re-evaluated that and put back into place those rules and regulations that prevent big business from taking over the lives of our citizens.

Q: Shelby's the ranking member on that committee now...

A: Yes he is. And he was the chair of the banking and finance committee when this deregulation took place.

Source: Left In Alabama (progressive blog) interview of Bill Barnes Jul 27, 2010

Other candidates on Budget & Economy: William Barnes on other issues:
AL Gubernatorial:
Robert Bentley
AL Senatorial:
Jeff Sessions
Richard Shelby

Retiring as of Jan. 2011:
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Page last updated: Nov 27, 2010