Worcester, Massachusetts. George Phillies, Presidential nominee of the Libertarian Party of New Hampshire, blasted the 74-25 Senate vote approving the financial services rescue bill. "The United States Senate has betrayed America," Phillies said.  "Wall Street played.  The taxpayer gets to pay.  This is a colossal transfer of public funds to to Henry Paulson's banker friends."

"The 700 billion in bailout funds is the cheap part of the plan," Phillies noted.  "Reality check: Uncle Sam has a huge budget deficit. That 700 billion had to be borrowed.   That's 30 billion a year in interest payments until we pay the debt off--and we never pay it off.    If you're a typical 35 year old American, over the rest of your life that's another trillion and more in interest payments.

"That's right.  Over the rest of your typical American life, Congress added 2 trillion in spending, and (the tax cut) 4 trillion in tax cuts.  We'll have to borrow that four trillion, too. It takes very little more of this, and America becomes another bankrupt banana republic," Phillies added.

"Many Americans know the truth.  How do you spell 'bailout'? R-I-P-O-F-F. And what can you do about it?  This Fall, send Washington the only message it understands.  Vote the ripoff artists out of office.  This Fall, vote Libertarian."

--30--

30 billion a year in interest payments -- round number assuming 4% average interest.

A trillion or more in interest -- If the 35 year old lives to nearly 80, not unreasonable given advances in medicine, it's close to 1.3 trillion.