Most Tea Party members I've met enjoy some type of Government assistance...Whether it be S.S., a State issued monthly Pension, or some type of Disability.
Very few are hard core capitalist, biz owners or "outliers" who have made their success the hard way without relying on any government handout or subsidy throughout the entire journey to financial independence. Just an observation.
Please. WWII is hardly the same comparison as Iraq or Afghanistan.
One was a World War and the other's were Bush's follies that caused massive harm, loss-of-lives lives from our heros who served in the military. and massive debt. Try not to reach so hard- you sound silly.
They hate it when you bring up the FACTS about the Reagan years ( The Reagan Myth ).
Unemployment rate rose from 7% in 1980 to 10.8% in 1982. The federal debt grew from 25.2% GDP ($789 billion) in 1981 to 39.3% GDP ($2,190 trillion) in 1989 when his second term ended. Interest rates were almost 20% during first term. For those who weren't there, It was the equivalent of an outrageous surtax paid to acquire loans for home / business needs. People have no idea just how much this impacted the economy in a negative way- unlike the ridiculously low interest cost of today - which basically amount to almost- free money. For those who complain they can't make money in today's environment - there's something fundamentally wrong with their business/investment skills. To blame it on Obama is a weak excuse at best.- Stealth
Oh, another of Santelli's wrong assumptions... Quantitative easing will cause run away inflation; WRONG!
What other Misguided harangue did he spew while on CNCB??!
Santelli is your classic manboy. Consistently whining since 2007, blaming the Global derivative on minorities over leveraging on kitchen renovations when in fact it was his circle of corrupt friends who repackaged sub prime loans into AAA toxic asset bundles. The guy epitomizes everything wrong about WS: arrogance, speculation and oh yes- entitled government social welfare to bail out risk - when their cute little speculation game implodes in front of the world. If I had listen to his self serving diatribe, I would have been sitting on a pile of worthless gold. Instead I had the balls to buy as much equities and foreclosures since March 9, 2009 and I'm the one happy with Obama AND American capitalism instead of complaining like a classless loser, still whining after all these years that it"s Obama's fault! Santelli is rife with failed assumptions:
Obama is going to take over the banks; WRONG! / The Market will fall into a protracted Depression and will take decades to recover; WRONG! . That keynesian economics and stimulus measures will fail: WRONG!
No, Mr. Santelli needs to Grow up. He's looking more and more like a fool who was on the wrong side of the trade. His assumptions kept him and his Zero Hedge Fund from booking some of the greatest gains in one of the longest Bull Markets in he history of the Equities Market.
Faber has been on the wrong side of the market since March 9, 2009 when the DOW closed 6547.
Can't understand how this guy still gets airtime?!