"The Tea Party helped the rich get tax cuts, by their silence, as newly elected congressmen not...
yet seated, and in doing so violated their principle to limit borrowing from foreign powers."
By their silence? That's a huge stretch. How much power does a newly-elected representative have before being sworn in?
Well, they certainly can hold press conferences. But the problem is that they want tax cuts for the rich. I think that will be money into a black hole, but that is what they want. The jury is out on whether these people will do anything to reign in the banks. I have questions about that here as well: http://hubpages.com/hub/Tea-Party-Repub … -Big-Banks
I also believe that their attitude regarding the borrowers is wrong and their movement is founded upon principles built upon sand: http://hubpages.com/hub/Ponzi-Housing-B … Regulation The lie about ACORN being at the center of the ponzi, along with the view that borrowers are at fault for getting loans that were too big, are quicksand beliefs held by the Tea Party. Truth is, most subprime loans were shadow bank loans and not CRA/ACORN loans. Furthermore, the lenders have a responsibility to use underwriters to make sound loans. The ponzi of securitization made it so that moral hazard was brought in. Banks knew they could pawn off crap loans and so they no longer used sound underwriting. And the Tea Party evidently doesn't get this in the main.
Uh...run this by me again. Exactly how did the Tea Party do this? And I have a news flash. There is no Tea Party per se. They don't hold caucuses or nominate people. You don't join or pay dues.
What's the leftists yank with this group? The same bunch that just got their behinds kicked in the last election, right?
by My Esoteric 6 days ago
The GOP sold gullible Americans on the promise their tax give-a-way to the rich and corporate America would mostly benefit the Middle Class. Why isn't it.They said all of this money staying in corporate coffers would go to investment, more jobs, and higher wages. It has been six months...
by EPman 7 years ago
Would the same outrage still exist? Or did Obama's presidency ignite the flame?I tend to think that Obama being elected certainly was fuel on the fire -- that is to say, the Tea Party would not be as big or popular if John McCain was president. Much more people would be too complacent simply...
by Rabie-M 9 months ago
What is the best birth control method for a newly married couple?
by Randy Godwin 8 weeks ago
That Spanky, what a card he is! Did anyone with a lick of sense suspect his tax cuts would benefit the average citizen? Check it out, pilgrims! https://www.msn.com/en-us/money/compani … mp;ffid=gz
by eculligan 7 years ago
Are you already disappointed with the newly elected Republicans?Many of the Repubs are already stating that they won't vote for the Earmark Ban. Why not? I thought we were supposed to get Government spending under control. In January, I want to see the Healthcare repeal. ...
by Stump Parrish 2 years ago
The tax cuts that are being debated in Washington have been described as a jobs creating nessessity by the republicans. These tax cuts have been in effect for 10 years now and I have to wonder where all the jobs they created during their existence, have gone. Are we to believe that they will...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|