Guest post from contributor Wil Martindale who blogs at:
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Republicrats - Do they get it?
It is disappointing to see any group, or any political party, or any individual, attempting to rally around fiscal austerity as the “good medicine” fit for the masses, after bailing out the ruling elite. Sorry G-holes, the time to have this little “birds-and-bees” austerity talk was in September of 2008.
That’s when Lloyd, and Jamie and Kenny, and little Vikram could all have taken their big spoonful of sugar and austerity with playmate Dickie Fuld, and little Joey Cassano could fold up his lemonade stand and they could all have a big austerity “counter party” with their bailout playmates in Europe, and all the little stockholders too!
Instead, it appears the Republican party is hijacking the Tea Party’s “fiscal conservatism” and running with the “virtues of fiscal austerity” instead of pursuing the rule of law.
They should be careful not to mistake the seriousness of the bailout rejection, and the people’s resolve not to just get over it, and move on. I think the Daily Bail said it best:
The American people are willing to sacrifice as part of a shared effort at righting our budgetary path, but they are not prepared to be sacrificial lambs led to the ‘benefits and promises slaughterhouse’ while the Wall Street Banker Pigs gorge on trillions in stealth FED and FDIC bailouts, ZIRP giveaways and a record $144 billion in bonuses – an amount equivalent to the 49th largest GDP in the world…
I couldn’t agree more. Let’s see John Boehner pursue the deconstruction of the Wall Street bailout with the same vigor he intends to pursue the deconstruction of Obamacare. That’ll be the day!
And I would like to add that working class Americans, including most Tea Party Patriots, have already made significant sacrifices, all their lives, though they seldom get ahead–because they are continually being extorted by the debt peddlers and their government lackeys at the local, state and Federal level.
Property taxes in Leon County, FL have increased over 30% this year, even as property values have plunged. Vehicle registration is 35% higher in Florida this year. Utility rates just went up again with the Federal Southeast Power Administration’s 82% cost increase to Talquin Electric. Gas is $2.85 a gallon and rising. All according to the predictions made when we first voiced our STRONG rejection of the TARP bailout, and all owing to it.
Meanwhile, Bernanke’s worried about deflation? Within weeks, his hot money flight to raw commodities will be hitting grocery store prices that pinch the working class, but which hardly matter to the Astor class–their war chests overflowing with bailout freebies, tax loopholes and other “favors” to gorge upon long after fixed income seniors lick dry their last can of cat food.
These fools can’t put their heads together long enough to prevent an automatic federal tax increase in the next 90 days, but we have the federal “austerity playbill” from Bowles, ready for review. The Republican party is obviously going to need a hand written agenda from the people, to carry forward the mandate they presume to represent.
So here it is...
1) STOP THE TREASONOUS, BANKRUPT FEDERAL RESERVE IMMEDIATELY. PUT IT INTO RECEIVERSHIP UNTIL CONGRESS CAN LEGALLY RESTORE ITS CONSTITUTIONAL CHARTER TO MANAGE THE MONEY SUPPLY AND INTEREST RATE.
2) FREEZE ALL DERIVATIVE CONTRACTS. RESTORE GLASS STEAGALL. THERE WILL BE NO INTEREST RATE BASED SYSTEMIC COLLAPSE TRIGGERED BY REASONABLE ACTS OF CONGRESS TO IMPOSE FISCAL DSICIPLINE.
3) PROSECUTE ALL WHITE COLLAR CRIMINALS WHO ENGAGED IN FINANCIAL FRAUD. RESTORE THE ORIGINAL FASB ACCOUNTING STANDARDS. BANKRUPT INSOLVENT BANKS. REFUND ALL BAILOUTS. CLAWBACK ALL BONUSES DERIVED FROM FRAUDULENT ACCOUNTING.
IN ESSENCE, YOUR JOB IS TO REVERSE ALL THE OUTRAGEOUS IMMORAL CRAP AND PROSECUTE THE CRIMINAL SWINDLES WE'VE BEEN SCREAMING ABOUT FOR TWO YEARS.
Only after you’ve done that will the American people agree to discuss how the spending is to be stopped, before the social safeguards that the middle class has worked for, sacrificed for and PAID INTO all their lives is diverted into another Goddamned bailout.
Make no mistake, by FISCAL CONSERVATISM, We The People of the Tea Party and related Constitutionalist and Sovereignist movements, REJECT the white collar criminal economy being protected by the government elites. We refuse to honor your bailouts, or their swindles.
Get it right Republicrats, or the People will march into Washington and do your jobs for you. We’ve done it before, and our history books (the ones you haven’t burned yet) clearly lead the way.
You don’t want to stand in the way of the people’s justice, and you SURE AS HELL don’t want to stand trial in the people’s court.
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From the Let Them Fail archives: