Whence the Tea Party...

[Saint_Cad]

@Boyo_Jim

Fine, please find a cite for it.

Here’s an interesting take on the RFC. I challenge all stimulus proponants to read the final paragraph

Democratic politicians argued with some justification that federal assistance was going to the wrong end of the economic pyramid. They believed that recovery would not occur until the people at the bottom of the heap had their purchasing power restored, but the RFC poured money in at the top. To many Americans, the Reconstruction Finance Corporation was viewed as a relief program for big business only.

Another cite Remember that the RFC was started in 1932

Decline in Bank Lending Concerns RFC and New Deal Officials

After 1933, bank assets and bank deposits both increased. However, banks changed their asset allocation dramatically during the recovery years. Prior to the depression, banks primarily made loans, and purchased some securities, such as U.S. Treasury securities. During the recovery years, banks primarily purchased securities, which involved less risk. Whether due to concerns over safety, or because potential borrowers had weakened financial positions due to the depression, bank lending did not recover, as indicated by the data in Table 1.

The relative decline in bank lending was a major concern for RFC officials and the New Dealers, who felt that lack of lending by banks was hindering economic recovery. The sentiment within the Roosevelt administration was that the problem was banks’ unwillingness to lend. They viewed the lending by the Commodity Credit Corporation and the Electric Home and Farm Authority, as well as reports from members of Congress, as evidence that there was unsatisfied business loan demand.

[gonzomax]

The wealthy and powerful bankers and their institutions that caused the crash, were made whole. The guys who looted the world into bankruptcy received their big salaries and bonuses.
The Stimulus program had to take a third of their money for a tax break for the rich before the Repubs would allow a little help for those who were suffering.
The wealthy and powerful were not slighted at all. They managed to loot quite well.

[enipla]

Watch Colorado over the next few years. If amendments 60, 61 and proposition 101 pass, the state will be ruined. They are all about tax cuts. What they really do is hog tie state and local governments ability to provide services.

If the people of Colorado don’t want any government, that’s what they will get. When they can’t get to work because the roads aren’t plowed, or their kids can’t get into college because 8000 teachers lost their jobs, they will have no one but themselves to blame. Colorado is already at the bottom as far as $ per student (#34). Amendment 60 would cut the funding for schools in half. Yep 50% less funding for education when we already behind the eight ball.

It’s estimated that 60, 61, and 101 would put 72,000 people out of work. It will also make it nearly impossible for the state or local governments to build ANY new infrastructure. So much for getting any new business in the state.

But hey, it may give the average family a few hundred bucks a year. IF you still have a job. How the ‘evil three’ (as they are called) ever got on the ballot is beyond me.

In a recent poll, it seems that even republicans are against these initiatives. I hope that my fellow Coloradoans won’t vote our state into a deeper recession.

The folks that are for these initiatives are the Tea Party. Ignorant fools that want that new flat screen TV, but can’t figure out how to pay for it. The Tea Party won’t look behind them to what Bush did to the country and can’t look ahead beyond next Tuesday.

[gonzomax]

Angle
O’Donnell
Robinson
Paladino
Tea Bagger have just got it so together. They brought this group to the national scene demonstrating the quality of candidates that represent their ideas. Something to feel proud of .

[Enderw24]

@Starving_Artist

What I did was quote verbatim some of the lines from the clip, the idea being to lead the reader…

@Starving_Artist

I knew of course that the clips were incomplete…

@Starving_Artist

…any other government official has any business telling American citizens that the time can come when they’ve made enough money.

@Starving_Artist

…congress must pass the health bill so people would know what’s in it

Not that I expect any of this will gain any kind of traction around here, but in my opinion it goes a long way toward answering questions like why Starving Artist is so unpopular in spite of his inexperience and why the board members are so angry.

[BrainGlutton]

The proud stalwarts of the Tea Party
Have lusts that are hearty but naughty
Such as offering their sacks
As mid-morning snacks
To all and to sundry! How haughty!

[BrainGlutton]

@Clothahump

@Merijeek

That’s just silly. John McCain is a republican, and therefore would have worked toward smaller government, tax cuts, increased defense spending, he would have gotten the government out of everyone’s Medicare, and he would have cut taxes.

-Joe

Doubtful. McCain is a progressive. He’s just not as rabid about it as Obama and Clinton.

Obama and Clinton are not progressives.

[Euphonious_Polemic]

@enipla

Watch Colorado over the next few years. If amendments 60, 61 and proposition 101 pass, the state will be ruined. They are all about tax cuts. What they really do is hog tie state and local governments ability to provide services.

If the people of Colorado don’t want any government, that’s what they will get. When they can’t get to work because the roads aren’t plowed, or their kids can’t get into college because 8000 teachers lost their jobs, they will have no one but themselves to blame. Colorado is already at the bottom as far as $ per student (#34). Amendment 60 would cut the funding for schools in half. Yep 50% less funding for education when we already behind the eight ball.

It’s estimated that 60, 61, and 101 would put 72,000 people out of work. It will also make it nearly impossible for the state or local governments to build ANY new infrastructure. So much for getting any new business in the state.

But hey, it may give the average family a few hundred bucks a year. IF you still have a job. How the ‘evil three’ (as they are called) ever got on the ballot is beyond me.

Not to worry. If your worst fears come to pass, these amendments go through, and Colorado loses jobs, teachers and infrastructure…

In several years, the Democrats will be blamed for ruining society, and a suggestion will be made that cutting taxes EVEN MORE will surely be the solution.

[Lamar_Mundane]

@Euphonious_Polemic

@enipla

Watch Colorado over the next few years. If amendments 60, 61 and proposition 101 pass, the state will be ruined. They are all about tax cuts. What they really do is hog tie state and local governments ability to provide services.

If the people of Colorado don’t want any government, that’s what they will get. When they can’t get to work because the roads aren’t plowed, or their kids can’t get into college because 8000 teachers lost their jobs, they will have no one but themselves to blame. Colorado is already at the bottom as far as $ per student (#34). Amendment 60 would cut the funding for schools in half. Yep 50% less funding for education when we already behind the eight ball.

It’s estimated that 60, 61, and 101 would put 72,000 people out of work. It will also make it nearly impossible for the state or local governments to build ANY new infrastructure. So much for getting any new business in the state.

But hey, it may give the average family a few hundred bucks a year. IF you still have a job. How the ‘evil three’ (as they are called) ever got on the ballot is beyond me.

Not to worry. If your worst fears come to pass, these amendments go through, and Colorado loses jobs, teachers and infrastructure…

In several years, the Democrats will be blamed for ruining society, and a suggestion will be made that cutting taxes EVEN MORE will surely be the solution.

Thankfully, they’re not going to pass. Coloradoans are pretty responsible about voting for amendments, since Amendment 2 at least. The stupid “Personhood” amendment will fail spectacularly as well. Colorado has to change it’s initiative process or something really awful will get put into the State Constitution before long. All you need to do is get 75,000 signatures on a petition and you can put anything before the voters. Anything.

[gonzomax]

If tax cuts to the rich creates jobs, we must have lots of jobs. The tax load on the rich gets smaller and smaller. There must be all kinds of jobs.
Clinton had a horrible confiscatory tax rate that hurt business terribly. Of course we had full employment then. Is there something wrong with the Repub concept of lowering taxes on the rich creates jobs? Other than it has never worked before? It does not work and will not work. Yhey don’t even put money into the economy like poor or middle class people with extra money would do.

[emacknight]

It seems lies are the only official party platform the Tea Party has offered. What ever it takes to get elected, they’ll do.

Sharron Angle just tried to rewrite history by telling a group of Hispanic youth that the 9/11 hijackers entered the US from Canada.

So first off, if there was any doubt that the Tea Party is just another power obsessed political organization, she just nailed it. Kudos to her for being brave enough to demonize the northern border security with a group of Hispanics.

But that’s not the point, the point is she flat out lied, or she’s an idiot. Maybe both.

@Sharon Angle

What we know is that our northern border is where the terrorists came through. That’s the most porous border that we have. We cannot allow terrorists; we cannot allow anyone to come across our border if we don’t know why they’re coming.

So how many of the 9/11 terrorists entered the U.S. from Canada? None, not one. They entered the US legally with student visas.

Whence the Tea Party? Bald faced lies.

http://www.ctv.ca/CTVNews/Canada/20101019/sept-11-myth-canadian-border-101019/

[Boyo_Jim]

She was talking about the terrorists during the French and Indian War.

[Gyrate]

@Boyo_Jim

She was talking about the terrorists during the French and Indian War.

Well, it couldn’t be the War of 1812. Everyone knows that the whole thing was a government conspiracy to bring down the White House by setting off barrels of gunpowder hidden in the basement and then blame it all on the British. Some claim that an unknown man standing nearby overheard saying “Pull it” was actually buying a young chicken at the time but that’s what they want you to think.