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Subject: Tea Party Movement

The Tea Party protests are a series of nationally coordinated protests across the United States since 2009. Participants say the events are part of a Tea Party movement opposing big government, President Barack Obama, the U.S. federal budget and, more specifically, the stimulus package, which the protesters argue are wasteful government spending and unnecessary government growth.

They oppose the increase in the national debt as well. The protesters also objected to possible future tax increases. Protests have been held on April 15, 2009 to coincide with the annual U.S. deadline for submitting tax returns, known as Tax Day, over the weekend of July 4, 2009 to coincide with Independence Day, and on September 12, 2009 to coincide with the anniversary of the September 11 attacks.

The name “Tea Party” is a reference to the Boston Tea Party, and the protests have sought to evoke images, slogans, and themes from the American Revolution. The letters T, E, and A have been used by protesters to form the backronym “Taxed Enough Already.” [Wikipedia]

US politics

Obamacare: Loopholes and enforcement

If you boil a frog very slowly, he may not jump out in time to save himself.

Poorly written law can sometimes be successful when the vast majority of people agree with the intent and there is bipartisan support to correct errors.

This is not the case with the Patient Protection and Affordable Care Act of 2010.

However, the most astounding thing about Obamacare is that the individual mandate is basically a misnomer — there are no penalties on individuals for not buying health insurance. Or are there? ECRV2Y9MMZ86

US Politics

Why Obama is sacrificing House Democrats

Many Americans see Obama as cold, arrogant, and didactic.

In order to ram through Congress unpopular healthcare legislation that will radically increase the fiscal deficit and decrease the quality of healthcare for hundreds of millions of Americans, President Obama has asked fellow Democrats to ‘fall of their swords’, voting for his bill even though it might cost them their jobs in November 2010.

This article describes how a president that has little regard for the Constitution or historical precedent, with a radical agenda, could, with impunity, do things that few Americans realize.

Q3 2009

US households save while Obama fiddles

Nancy Pelosi: two heartbeats from the Presidency, representative of less than 1/100% of American voters.

In Q3 2009, American households saved 4% of their income, a sharp increase from 1.5% in 2007 before the current financial crisis. Tax breaks in the “economic stimulus” package were directed to savings rather than consumption.

Private sector tax payers were incensed by the profligate behavior of the Pelosi-Reid Congress, which gave rise to the Tea Party Movement.

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World Economy

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2010-08-13 13:06