I just about can’t talk to my coworkers lately (who are mostly leftist) here in the belly of the beast (CA state)
I need a tea party.
I need Neo’s site to see sanity and vent!!! 🙂
I would like to call it “United States of Socialist America” – USSA. It was a life long ambition of the late USSR leader, Nikita Kruschev. And it has finally happened.
It is not just Obama, though. You talk to most baby boomers and GenX’ers. They are all longing for this socialist state.
Every time Obama opens his mouth, Dow sinks further. Yes, we are in it for a long time.
YAY! That Rick Santelli is my new hero!
I LOVE the cheering all around him.
The voice of truth and reason!
Since Congress couldn’t be bothered to read the current bailout plan, I decided to write my own to see if it could possibly make more sense than the one we are currently saddled with.
The only thing we have to fear is Pres. Obama himself.
Because of some Chicago pork belly investors and a bunch of advanced government class high school kids in CO, now I have hope.
I loved Santelli calling on The Obama administration to put up a website to find out if the American Public is in favor of all the bailouts. The answer would be a resounding (by a good margin) no !! But that would never happen because of the “intellectual arrogance” factor. Too many people in government (national, state, and local) think we are not smart enough to know what is in our best interest.
Go over to michellemalkin.com and check out the pictures she has up from an anti-stimulus rally in Mesa AZ.
Will the Sixties return?? Only this time with conservative protests? Time to pull out all those great old slogans. My favorite was the “Don’t Tread on Me!” I may have to find one of those great snake flags 🙂
Maneocon,
I would like to call it “United States of Socialist America” – USSA. It was a life long ambition of the late USSR leader, Nikita Kruschev. And it has finally happened.
thats amerika with a k… 🙂
It is not just Obama, though. You talk to most baby boomers and GenX’ers. They are all longing for this socialist state.
In a lecture to the California Medical School, in San Francisco, in 1961, Huxley explained:
There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution.
there is so much more, but i am too deep in the crapper on volume… hopefully someone else will pick up…
And the following applies even better (and I am borrowing it from Amity Shales’ The Forgotten Man):
As soon as A observes something which seems to him to be wrong, from which X is suffering. A talks it over with B, and A and B then propose to get a law passed to remedy the evil and help X. Their law always proposes to determine what C shall do for X, or in the better case, what A,B, and C shall do for X…What I want to is to look up C. I want to show you what manner of man he is. I call him the Forgotten Man. Perhaps the appelation is not strictly correct. He is the man who never is thought of…
He works, he votes, generally he prays – but he always pays…
– William Graham Sumner, Yale University, 1886
Fantastic! Makes me want to stand up and cheer right along with ’em. He’s 100% right, and everyone knows it, which is why the DJIA will end up at around 10% of its former high if things keep going this way. Just unbelievable.
Neo-Neocon: are you on Twitter?!?
I awakened at about 1:30 A.M. from a deep sleep, and simply cannot go back to sleep again. So by God, everyone is going to pay. I’m just going to type away until my eyelids droop. And damned making sense, it’s 2:47 A.M. for crying out loud.
I have been struck by this bail out. How? How did this thing pass? Why are so many so willing to go socialist in this nation? I have heard so many reasons for the cause – and there are many. But passing this bill, to me, is a horse of a different color.
It’s as simple as the overwhelming majority of people in this country, in this world, have not prepared properly for their old age, as it were. As the population has aged, it has become quite evident to millions. There are 60 year olds with 30 year mortgages. How stupid is that?
People are scared shitless (pardon my language). They HOPE to be cared for by the government, because they can’t take care of themselves. They realize much CHANGE needs to occur in order for this to happen. They are willing to sell their own children and their children’s children down the river for this to happen. 3 to 4k per month mortgage payment. Two cars in the driveway with years left on the payment books. More month than money for as far as the eye can see. And our very own government has done the very same thing. Except they get to print money.
Wait….was that a droop? Mr. Sandman………
I have always thought the foreclosure issue would be Obama’s achille’s heel. Democrats were always talking about the distressed people losing their homes. They could not stop themselves from doing something foolish. Now the bailout is not some wall street darling with car service and a private jet, but the jerk down the street who bought a huge house, leased an expensive car and could never in a thousand years pay for it. That Obama and his crew cannot see the anger this would brew in those who did not overspend shows their true natures.
This comment was left on the CNBC site:
“To get back to the “Tea Party”, my calendar says April !9 is the anniversary of the beginning of the American Revolution. We as a people need to get the attention of those in Washington and a grand nation-wide tea party ought to get their attention. I propose that the word should be spread for an organized tea party on April 19th. Peaceful protests need to be encouraged and a march on Washington set up. Call all the radio stations, tv stations, fax, email, write letters to the media, congress to protest the march toward socialism. My personal belief is we should call for an impeachment of Obama, Biden, Pelosi, Reid, Frank, Dodd, Schumer, and all the other Democrats who voted for the garbage bill they want to cram down our throats. Get Limbaugh, Hannity, and all the Conservative Pundits on board to encourage a cleanup of Washington. And get rid of the Lobbyists as well, they’re lining their pockets with our money while America is getting the shaft.”
I, for one, am tired of this. I am tired of being silent as my country is being stolen right out from under us.
I will go to Washington, will you join me?
Consider it your civic duty, as Jefferson once said:
“I hold it that a little rebellion now and then is a good thing, and as necessary in the political world as storms in the physical. Unsuccessful rebellions, indeed, generally establish the encroachments on the rights of the people which have produced them. An observation of this truth should render honest republican governors so mild in their punishment of rebellions as not to discourage them too much. It is a medicine necessary for the sound health of government.”
I would join but according to our Attorney General I’m part of a Nation of Cowards, so I’ll just hide under the bed. Hope I don’t run into any bitter clingers.
It’s become quite apparent that until the liberal-left shill MSM starts reporting and editorializing objectively and honestly, recognizing the reality that at least 48% of the voting public don’t like what’s happening, and that the least the MSM owes that constituancy is some non-politicized integrity in media, nothing is going to turn this around; And the liberals have the nerve to raise issues concerning a proposed “Fairness Doctrine”? The Democrats, from top to bottom, have well demonstrated that there are few ethical restraints that they will not violate unless discovered and prosecuted, so they are a lost cause. It’s becoming clear that the MSM should be the priority of focus in confronting the growing tyranny, they need to be challenged publicly, privately, and financially until they begin to understand that they have an inferred fiduciary duty to the entire populace, not just the left-brained… They’re in the process of sucking the entrepreneurial life out of the system, killing the proverbial golden goose. We’re going to become like China and Russia, a few politically resilient and/or super-rich party members, with everyone else uniformly poor; Fascism? I’ve recently been looking at a Teaching Company college level economics video lecture/course, essentially Economics 101, in no way politicized; The people orchestrating this “bailout” obviously don’t care at all about sound and common sense accounting principles or Economics 101.
Obama=Chavez.
As to Jefferson’s “little rebellion”, to counter the present assaults of the Democratic political class, we will have to come up with more than a little….
And if we don’t, we become Venezuela writ large.
What can we do? How can we make these people who are supposed to represent us sit up and listen? I am a very small business owner and I am struggling to keep my head above water. There is nothing out there helping me. I am on my own. I am struggling in business, our investments and 401K have d8issolved tol almost nothing, our home has lost its value, what are we to do. How do we band together?
Ceil asks, “What can we do? How can we make these people who are supposed to represent us sit up and listen?”
Ceil, I submit we are in a battle not just for our economy, but for the country and its soul. We cannot make the enemy sit up and listen, we cannot. They will not listen. It serves their purpose to hasten your and my decline.
We have no alternative other than to hunker down, taking care of ourselves as best we can, and gradually and carefully band together, taking due care not to attract the attention of the Obamas and Holders, lest they establish a gulag for dissenters.
maneocon, that was NOT Shales, that was SUMNER… 1883 from What Social Classes Owe to Each Other.
which i posted already in other threads…
go here to read it ALL
oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=346&chapter=16050&layout=html&Itemid=27
bascially by ignoring waht i am writing, many of the people here are discovering the same thing i wrote about… terribly frustrating…
its like telling the boss a great idea.. the boss forgets you told them, and suddenly has a meeting to discuss the great idea.
For two centuries, Wall Street survived wars, depressions, bank panics and terrorist attacks. Now Wall Street as we know it is dead. Gone. When a healthy and thriving person dies suddenly, a medical examiner may talk to family and friends to see if the deceased had recently changed behavior in some way. Wall Street did change radically in recent years in one notable way. Twenty or 30 years ago, it was common for the best and the brightest to be doctors or engineers. By the 2000s, they wanted to be investment bankers. When Wall Street was run by people randomly selected from the population, it was able to survive everything. After the best and brightest took over, it died the first time real-estate prices dropped 20 percent. .
sorry didnt see the attribution at the bottom… but the rest still stands that its posted before…, and ignored only to be brillian and cool when someone else does teh same thing. why would they prejudge the same inforamtion as negative from me, and positive from others? because someone cut up their steak for them ans spoon fed them in tiny bites that they could handle, while i give them the whole cow and says farm, be happy, eat and grow.
they want to be given a fish, not fish themselves indpendently.
but again, sorry for missing the attribution at the end.
April 19th sounds good to me. Where do i sign up?
Count us in (married)
Maybe the adminstration and congress should eat that shit sandwich instead of telling us its filet mignon..arrogant DC swine should all offer to take a cut in pay and perks
Ok, let me take my gloves and shoes off so I can count high enough.
During the American Revolution, about 1/3 of the population in the American colonies was pro-King George, about 1/3 of the population was pro-independence, and about 1/3 of the population swung back and forth between the two extremes.
Fast forward a couple of centuries, and we have 48% who voted for the other guy. The winning candidate got about 52% of the vote, and is rubbing it in every chance he gets and ramrodding his policies down everyone’s collective throat as he robs the national treasury to pay off his supporters, an action that will leave us broke and with unmanageable inflationary pressures for years to come.
Someone is either forgetting or deliberately ignoring that for far less reasons a significantly smaller percentage of the population than 48% managed to lead a successful rebellion against their rulers during the 18th century…..
Rick Santelli is my favorite commentator on CNBC. Of all the talking heads there, he seems to have a better grasp of the facts than most.
Yes, we need to speak up in no uncertain terms about the Porkulus Bill. Let them know we are skeptical of their method for reviving the economy. And especially let them know that we are looking to vote them out of office in 2010. Much of the bill does not go into effect for two years. If we could get some new blood in Congress they could cancel or change much of the spending and, instead, get tax cuts (stimulus of private capital) into the hands of citizens, companies, and investors.
IMNSHO the quickest way to stem the slide in housing is to cancel the capital gains tax for the next five years for investors who buy the foreclosures and turn them into rentals. There are pools of money out there with those plans in mind. They are not going to move until the risk/reward equation is improved. A temporary suspension of capital gains would provide a big incentive. But the dems cannot stand to see someone make a profit out of someone else’s misfortune. No, that would not be politically correct and it would be rewarding the (gasp) investor class.
Turbo-Tax Tim dithers while the banking system slides ever closer to demolition. Why, oh why can’t they see that what is needed is decisive, stand up leadership. If the mark to market rule was suspended for illiquid assets and a formula was put in place to value those assets the banks would have time to rebuild their balance sheets and start lending money again. It could be required that the banks, insurance companies, etc. go through them one by one and find the true values within two years. This would provide an orderly way of unwinding these assets and some confidence that the banks are not going to be nationalized or taken into bankruptcy. As Steve Forbes explains, most of this crisis stems from bad accounting procedures. It’s true that many of the MBSs, CDOs, and CMOs are worth less than par, but they are certainly not worth the ridiculous values that mark to market accounting has foisted on them. This is a crisis that would not have happened if:
1. Wall St. had not made these hybrid securities so complex.
2. The SEC and FASB had not insisted on the mark to market method for valuing illiquid and opaque securities.
3. The SEC had been more vigilant in stopping naked shorting of financial stocks.
4. The Treasury and the FEd had acted sooner and recognized that the mark to market rule was distorting the balance sheets of financials. By the time they acted confidence was already dropping like a stone and is now crawling along bottom.
Taking the uncertainty out of the banks’ situation will go a long way toward restoring confidence.
Rick Santelli for PRESIDENT.
Finally someone in our liberal media has awoken and is speaking the truth. I believe Rick is right on the money. The silent majority needs to wake up and come together. What would happen if 25 million Americans stopped paying there mortgages? What happen if 2 million American’s went to D.C. and protested? This is what it will take to stop the Obama administration. What makes Mr. Obama think he can change our nation’s fundamentals? He was elected President, not KING. It’s time we conservatives, the silent majority wake up and go into action. As for me, I’m in…Rick you are my leader. Thank you for speaking out…I love you!
If 2 million or more republican, conservative, libertarian thinkers do go to D.C. to protest, please bring small trash bags. Carry your trash out with you when you leave. That will say a hell of a lot on its own. The way the place was left totally trashed certainly left quite an impression on me. And since only 14 of them had to get back to work, you’d think the rest could have hung around and cleaned up a little, eh?
A lot of talk gets talked. A lot of great things are said in this blog. But for a very long time, the movement has been in “their” direction. Obviously, too much talk, not enough action. I’m not smart enough to figure out how to change things, not smart enough to bring this nation around to getting back on the same path for which it was created, complete with warts. The warts can be dealt with, and of course, should be.
I know that I do not want a socialist America. Although I do not know how to prevent it, I am finally angry enough to do my part, once I figure out just what that part may be.
A few small problems with the whole tea party idea:
A lot of us can’t make it to DC, so local events are the only option.
I have not yet found a central clearinghouse that lists the times and locations of any local events. I’d like to go to one of the events in Fayetteville, NC – but can’t seem to find any more details as to where it’s located at.
The event, at least the one I’m aware of, are on a Friday – when most right wingish types are, ya know, working….
Last but not least – time. We really should have had a little more time to organize and pull events together.
As it is, only the most die hard will manage to make it, which is a shame.
Leave a Reply
HTML tags allowed in your
comment: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>
The socialist wing of the Democrat party is going to spend this nation into oblivion.
It’s now the DEMAOCRAT party, led by Barack Obamao:
http://www.freerepublic.com/focus/f-chat/2188391/posts
…
I can’t wait.
I just about can’t talk to my coworkers lately (who are mostly leftist) here in the belly of the beast (CA state)
I need a tea party.
I need Neo’s site to see sanity and vent!!! 🙂
I would like to call it “United States of Socialist America” – USSA. It was a life long ambition of the late USSR leader, Nikita Kruschev. And it has finally happened.
It is not just Obama, though. You talk to most baby boomers and GenX’ers. They are all longing for this socialist state.
Every time Obama opens his mouth, Dow sinks further. Yes, we are in it for a long time.
YAY! That Rick Santelli is my new hero!
I LOVE the cheering all around him.
The voice of truth and reason!
Since Congress couldn’t be bothered to read the current bailout plan, I decided to write my own to see if it could possibly make more sense than the one we are currently saddled with.
http://instugator.blogspot.com/2009/02/bailout-plan.html
The only thing we have to fear is Pres. Obama himself.
Because of some Chicago pork belly investors and a bunch of advanced government class high school kids in CO, now I have hope.
I loved Santelli calling on The Obama administration to put up a website to find out if the American Public is in favor of all the bailouts. The answer would be a resounding (by a good margin) no !! But that would never happen because of the “intellectual arrogance” factor. Too many people in government (national, state, and local) think we are not smart enough to know what is in our best interest.
Pingback:Medary.com
Go over to michellemalkin.com and check out the pictures she has up from an anti-stimulus rally in Mesa AZ.
Will the Sixties return?? Only this time with conservative protests? Time to pull out all those great old slogans. My favorite was the “Don’t Tread on Me!” I may have to find one of those great snake flags 🙂
http://michellemalkin.com/2009/02/19/angry-renters-unite/
Good stuff
Maneocon,
I would like to call it “United States of Socialist America” – USSA. It was a life long ambition of the late USSR leader, Nikita Kruschev. And it has finally happened.
thats amerika with a k… 🙂
It is not just Obama, though. You talk to most baby boomers and GenX’ers. They are all longing for this socialist state.
In a lecture to the California Medical School, in San Francisco, in 1961, Huxley explained:
There will be, in the next generation or so, a pharmacological method of making people love their servitude, and producing dictatorship without tears, so to speak, producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution.
there is so much more, but i am too deep in the crapper on volume… hopefully someone else will pick up…
And the following applies even better (and I am borrowing it from Amity Shales’ The Forgotten Man):
As soon as A observes something which seems to him to be wrong, from which X is suffering. A talks it over with B, and A and B then propose to get a law passed to remedy the evil and help X. Their law always proposes to determine what C shall do for X, or in the better case, what A,B, and C shall do for X…What I want to is to look up C. I want to show you what manner of man he is. I call him the Forgotten Man. Perhaps the appelation is not strictly correct. He is the man who never is thought of…
He works, he votes, generally he prays – but he always pays…
– William Graham Sumner, Yale University, 1886
Fantastic! Makes me want to stand up and cheer right along with ’em. He’s 100% right, and everyone knows it, which is why the DJIA will end up at around 10% of its former high if things keep going this way. Just unbelievable.
Neo-Neocon: are you on Twitter?!?
I awakened at about 1:30 A.M. from a deep sleep, and simply cannot go back to sleep again. So by God, everyone is going to pay. I’m just going to type away until my eyelids droop. And damned making sense, it’s 2:47 A.M. for crying out loud.
I have been struck by this bail out. How? How did this thing pass? Why are so many so willing to go socialist in this nation? I have heard so many reasons for the cause – and there are many. But passing this bill, to me, is a horse of a different color.
It’s as simple as the overwhelming majority of people in this country, in this world, have not prepared properly for their old age, as it were. As the population has aged, it has become quite evident to millions. There are 60 year olds with 30 year mortgages. How stupid is that?
People are scared shitless (pardon my language). They HOPE to be cared for by the government, because they can’t take care of themselves. They realize much CHANGE needs to occur in order for this to happen. They are willing to sell their own children and their children’s children down the river for this to happen. 3 to 4k per month mortgage payment. Two cars in the driveway with years left on the payment books. More month than money for as far as the eye can see. And our very own government has done the very same thing. Except they get to print money.
Wait….was that a droop? Mr. Sandman………
I have always thought the foreclosure issue would be Obama’s achille’s heel. Democrats were always talking about the distressed people losing their homes. They could not stop themselves from doing something foolish. Now the bailout is not some wall street darling with car service and a private jet, but the jerk down the street who bought a huge house, leased an expensive car and could never in a thousand years pay for it. That Obama and his crew cannot see the anger this would brew in those who did not overspend shows their true natures.
This comment was left on the CNBC site:
“To get back to the “Tea Party”, my calendar says April !9 is the anniversary of the beginning of the American Revolution. We as a people need to get the attention of those in Washington and a grand nation-wide tea party ought to get their attention. I propose that the word should be spread for an organized tea party on April 19th. Peaceful protests need to be encouraged and a march on Washington set up. Call all the radio stations, tv stations, fax, email, write letters to the media, congress to protest the march toward socialism. My personal belief is we should call for an impeachment of Obama, Biden, Pelosi, Reid, Frank, Dodd, Schumer, and all the other Democrats who voted for the garbage bill they want to cram down our throats. Get Limbaugh, Hannity, and all the Conservative Pundits on board to encourage a cleanup of Washington. And get rid of the Lobbyists as well, they’re lining their pockets with our money while America is getting the shaft.”
I, for one, am tired of this. I am tired of being silent as my country is being stolen right out from under us.
I will go to Washington, will you join me?
Consider it your civic duty, as Jefferson once said:
“I hold it that a little rebellion now and then is a good thing, and as necessary in the political world as storms in the physical. Unsuccessful rebellions, indeed, generally establish the encroachments on the rights of the people which have produced them. An observation of this truth should render honest republican governors so mild in their punishment of rebellions as not to discourage them too much. It is a medicine necessary for the sound health of government.”
I would join but according to our Attorney General I’m part of a Nation of Cowards, so I’ll just hide under the bed. Hope I don’t run into any bitter clingers.
It’s become quite apparent that until the liberal-left shill MSM starts reporting and editorializing objectively and honestly, recognizing the reality that at least 48% of the voting public don’t like what’s happening, and that the least the MSM owes that constituancy is some non-politicized integrity in media, nothing is going to turn this around; And the liberals have the nerve to raise issues concerning a proposed “Fairness Doctrine”? The Democrats, from top to bottom, have well demonstrated that there are few ethical restraints that they will not violate unless discovered and prosecuted, so they are a lost cause. It’s becoming clear that the MSM should be the priority of focus in confronting the growing tyranny, they need to be challenged publicly, privately, and financially until they begin to understand that they have an inferred fiduciary duty to the entire populace, not just the left-brained… They’re in the process of sucking the entrepreneurial life out of the system, killing the proverbial golden goose. We’re going to become like China and Russia, a few politically resilient and/or super-rich party members, with everyone else uniformly poor; Fascism? I’ve recently been looking at a Teaching Company college level economics video lecture/course, essentially Economics 101, in no way politicized; The people orchestrating this “bailout” obviously don’t care at all about sound and common sense accounting principles or Economics 101.
Obama=Chavez.
As to Jefferson’s “little rebellion”, to counter the present assaults of the Democratic political class, we will have to come up with more than a little….
And if we don’t, we become Venezuela writ large.
What can we do? How can we make these people who are supposed to represent us sit up and listen? I am a very small business owner and I am struggling to keep my head above water. There is nothing out there helping me. I am on my own. I am struggling in business, our investments and 401K have d8issolved tol almost nothing, our home has lost its value, what are we to do. How do we band together?
Ceil asks, “What can we do? How can we make these people who are supposed to represent us sit up and listen?”
Ceil, I submit we are in a battle not just for our economy, but for the country and its soul. We cannot make the enemy sit up and listen, we cannot. They will not listen. It serves their purpose to hasten your and my decline.
We have no alternative other than to hunker down, taking care of ourselves as best we can, and gradually and carefully band together, taking due care not to attract the attention of the Obamas and Holders, lest they establish a gulag for dissenters.
maneocon, that was NOT Shales, that was SUMNER… 1883 from What Social Classes Owe to Each Other.
which i posted already in other threads…
go here to read it ALL
oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=346&chapter=16050&layout=html&Itemid=27
bascially by ignoring waht i am writing, many of the people here are discovering the same thing i wrote about… terribly frustrating…
its like telling the boss a great idea.. the boss forgets you told them, and suddenly has a meeting to discuss the great idea.
how about this one
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=a_ac69DqFutQ
[mitsu will not like it of course]
Harvard Narcissists With MBAs Killed Wall Street
For two centuries, Wall Street survived wars, depressions, bank panics and terrorist attacks. Now Wall Street as we know it is dead. Gone. When a healthy and thriving person dies suddenly, a medical examiner may talk to family and friends to see if the deceased had recently changed behavior in some way. Wall Street did change radically in recent years in one notable way. Twenty or 30 years ago, it was common for the best and the brightest to be doctors or engineers. By the 2000s, they wanted to be investment bankers. When Wall Street was run by people randomly selected from the population, it was able to survive everything. After the best and brightest took over, it died the first time real-estate prices dropped 20 percent. .
sorry didnt see the attribution at the bottom… but the rest still stands that its posted before…, and ignored only to be brillian and cool when someone else does teh same thing. why would they prejudge the same inforamtion as negative from me, and positive from others? because someone cut up their steak for them ans spoon fed them in tiny bites that they could handle, while i give them the whole cow and says farm, be happy, eat and grow.
they want to be given a fish, not fish themselves indpendently.
but again, sorry for missing the attribution at the end.
April 19th sounds good to me. Where do i sign up?
Count us in (married)
Maybe the adminstration and congress should eat that shit sandwich instead of telling us its filet mignon..arrogant DC swine should all offer to take a cut in pay and perks
Ok, let me take my gloves and shoes off so I can count high enough.
During the American Revolution, about 1/3 of the population in the American colonies was pro-King George, about 1/3 of the population was pro-independence, and about 1/3 of the population swung back and forth between the two extremes.
Fast forward a couple of centuries, and we have 48% who voted for the other guy. The winning candidate got about 52% of the vote, and is rubbing it in every chance he gets and ramrodding his policies down everyone’s collective throat as he robs the national treasury to pay off his supporters, an action that will leave us broke and with unmanageable inflationary pressures for years to come.
Someone is either forgetting or deliberately ignoring that for far less reasons a significantly smaller percentage of the population than 48% managed to lead a successful rebellion against their rulers during the 18th century…..
Rick Santelli is my favorite commentator on CNBC. Of all the talking heads there, he seems to have a better grasp of the facts than most.
Yes, we need to speak up in no uncertain terms about the Porkulus Bill. Let them know we are skeptical of their method for reviving the economy. And especially let them know that we are looking to vote them out of office in 2010. Much of the bill does not go into effect for two years. If we could get some new blood in Congress they could cancel or change much of the spending and, instead, get tax cuts (stimulus of private capital) into the hands of citizens, companies, and investors.
IMNSHO the quickest way to stem the slide in housing is to cancel the capital gains tax for the next five years for investors who buy the foreclosures and turn them into rentals. There are pools of money out there with those plans in mind. They are not going to move until the risk/reward equation is improved. A temporary suspension of capital gains would provide a big incentive. But the dems cannot stand to see someone make a profit out of someone else’s misfortune. No, that would not be politically correct and it would be rewarding the (gasp) investor class.
Turbo-Tax Tim dithers while the banking system slides ever closer to demolition. Why, oh why can’t they see that what is needed is decisive, stand up leadership. If the mark to market rule was suspended for illiquid assets and a formula was put in place to value those assets the banks would have time to rebuild their balance sheets and start lending money again. It could be required that the banks, insurance companies, etc. go through them one by one and find the true values within two years. This would provide an orderly way of unwinding these assets and some confidence that the banks are not going to be nationalized or taken into bankruptcy. As Steve Forbes explains, most of this crisis stems from bad accounting procedures. It’s true that many of the MBSs, CDOs, and CMOs are worth less than par, but they are certainly not worth the ridiculous values that mark to market accounting has foisted on them. This is a crisis that would not have happened if:
1. Wall St. had not made these hybrid securities so complex.
2. The SEC and FASB had not insisted on the mark to market method for valuing illiquid and opaque securities.
3. The SEC had been more vigilant in stopping naked shorting of financial stocks.
4. The Treasury and the FEd had acted sooner and recognized that the mark to market rule was distorting the balance sheets of financials. By the time they acted confidence was already dropping like a stone and is now crawling along bottom.
Taking the uncertainty out of the banks’ situation will go a long way toward restoring confidence.
Rick Santelli for PRESIDENT.
Finally someone in our liberal media has awoken and is speaking the truth. I believe Rick is right on the money. The silent majority needs to wake up and come together. What would happen if 25 million Americans stopped paying there mortgages? What happen if 2 million American’s went to D.C. and protested? This is what it will take to stop the Obama administration. What makes Mr. Obama think he can change our nation’s fundamentals? He was elected President, not KING. It’s time we conservatives, the silent majority wake up and go into action. As for me, I’m in…Rick you are my leader. Thank you for speaking out…I love you!
If 2 million or more republican, conservative, libertarian thinkers do go to D.C. to protest, please bring small trash bags. Carry your trash out with you when you leave. That will say a hell of a lot on its own. The way the place was left totally trashed certainly left quite an impression on me. And since only 14 of them had to get back to work, you’d think the rest could have hung around and cleaned up a little, eh?
A lot of talk gets talked. A lot of great things are said in this blog. But for a very long time, the movement has been in “their” direction. Obviously, too much talk, not enough action. I’m not smart enough to figure out how to change things, not smart enough to bring this nation around to getting back on the same path for which it was created, complete with warts. The warts can be dealt with, and of course, should be.
I know that I do not want a socialist America. Although I do not know how to prevent it, I am finally angry enough to do my part, once I figure out just what that part may be.
A few small problems with the whole tea party idea:
A lot of us can’t make it to DC, so local events are the only option.
I have not yet found a central clearinghouse that lists the times and locations of any local events. I’d like to go to one of the events in Fayetteville, NC – but can’t seem to find any more details as to where it’s located at.
The event, at least the one I’m aware of, are on a Friday – when most right wingish types are, ya know, working….
Last but not least – time. We really should have had a little more time to organize and pull events together.
As it is, only the most die hard will manage to make it, which is a shame.