What’s distinctive about the Tea Party is its anarchist streak — its antagonism toward any authority, its belligerent self-expression, and its lack of any coherent program or alternative to the policies it condemns,” warns Jacob Weisberg in Newsweek. But why not three cheers for the Tea Party Express?
[…]
Unfortunately they’re tone deaf. Congress cannot see past the election. All that changes in November.So thanks Tea Party, Vegas odds must favor a Second American Revolution. Actually, the revolution is already roaring, hot, it’s about time. The GOP and the Dems had more than a decade. But America’s worse off. We need a real revolution to restore sanity … or we can kiss democracy and capitalism good-bye, permanently.
Yes, big warning, the Second American Revolution will extract painful austerity, not the “happy days are here again” future touted by tea-baggers. For years it’ll be impossible for most of America’s 95 million investors to develop a successful investment or logical retirement strategy. […] So if you think you’re “mad as hell” now, “you ain’t seen nuthin’ yet!”
Here’s the timeline:
Stage 1: The Dems just put the nail in their coffin by confirming they are wimps, refusing to force the GOP to filibuster the Bush tax cuts for America’s richest.
Stage 2: The GOP takes over the House, expanding its war to destroy Obama with its new policy of “complete gridlock,” even “shutting down government.”
Stage 3: Obama goes lame-duck.
Stage 4: The GOP wins back the White House and Senate in 2012. Health care returns to insurers. Free market financial deregulation returns.
Stage 5: Under the new president, Wall Street’s insatiable greed triggers the catastrophic third meltdown of the 21st century Shiller predicted, with defaults on dollar-denominated debt.
Stage 6: The Second American Revolution explodes into a brutal full-scale class war rebelling against the out-of-touch, out-of-control greedy conspiracy-of-the-rich now running America.
Stage 7: Domestic class warfare is compounded by Pentagon’s prediction that by 2020 “an ancient pattern of desperate, all-out wars over food, water, and energy supplies would emerge” worldwide and “warfare is defining human life.”What’s behind our 2010-2020 countdown? It became obvious after reading the brilliant but bleak “Decadence of Election 2010” report by Prof. Peter Morici, former chief economist at the International Trade Commission. He sees no hope from America’s political parties, just a dark scenario ahead.
sounds about right to me
Dylan Ratigan just reported that during the S&L Scandal over 1000 people were prosecuted for various forms of fraud.
The 2008 Banking Collapse was 40 times larger and so far no one has been prosecuted.
Worse than I can imagine what with the Repugs protecting the criminals and the Dems gutless to address this “political” challenge.
Yes, this is what a death spiral of a democracy looks like. And still the Iron Fist of Market Forces does control, all leading to a society no one wants, not even the SUPER Rich behind their security gates.
Thank you Republicans.
As a good citizen of the new order I would like to volunteer for a politician/bankster/elite death squad. I can bring my own weapons and bullets.
No mention of CRA (Community Redevelopment Act) with Bill Clinton’s multiculturalism obsession that dictated where mortgage lenders could lend, and created the market for the high-risk subprime loans.
No money down, interest only, low variable rates, no income verification, no attention was paid to credit or bad credit risks. And all guaranteed by Fannie Mae.
After reporting on how Fannie Mae turned massive amounts of bad loans into mortgage-backed securities that spread their cancer throughout the financial system, Barney Frank said: “I don’t see anything in this report that raises safety and soundness problems.”
No mention of Obamacare being forced down the throats of an unwilling American public. No mention of need to hire of thousands of new IRS agents to enforce the health plan.
No mention of the insurance companies that are bailing right now due to the federal regulatory uncertainty half a year after Obamacare was signed. The medical loss ratio isn’t even settled,” Sebelius said at a reporters’ breakfast. “As soon as we have a regulation that has a process in it we will begin those discussions.”
And Dumbocrats wonder why businesses aren’t hiring and the economy is in the tank.
What a grim read. Goodness me.
No mention of the pilgrims imposing state wide state centered religions when first founded.
No mention of Cromwell making himself King after deposing the same.
No mention of Caesar crossing the Rubicon.
No mention of how much mustard to add to egg yolks when making mayonnaise.
All kinds of things not mentioned!!!!
That would make me think, if I was capable of it.
Wow, I guess liberals are insane if this is what they actually believe.
The tea party movement is nothing but a result of republicans becoming more like democrats in order to stay in power. The republican base got pissed off and stayed at home in 2006 and even more so in 2008. Whats happening now is that some politicians are starting to get the message. We don’t want a democrat light party, we want a clear alternative. In short true conservatives are taking the party back after the butchering that was done to it by Bush Sr and Bush Jr.
Now about the fictional timeline. I have some bad news for dems, and republicans as well. It won’t be wall street “greed” that kills us. It won’t be Iraq or Afghanistan. It won’t even be China.
What will kill us is spending like a drunken sailer with no hope of ever being able to pay it back. Bush took it to new levels, and Obama didn’t want to get out done so he took it into the stratosphere. At some point the tap will run out. What do you think will happen then? The government isn’t going to not pay its employee’s, so it will start to print money like crazy. Hyperinflation will take hold and become self sustaining. At that point all bets are off, the government may be able to hold control, but it will have to curtail liberties to do so, and once those liberties are taken, they will never be given back.
All this can be prevented if the government lived within its means, and stop trying to cure every ill in the country. Much more should be left up to the states, but telling people that they should look at themselves to solve their problems doesn’t get politicians elected.
The Cheney administration decade of empire building while ignoring domestic issues is resulting in, well, domestic uprising.
However, I don’t see a revolution coming despite the recent Teabagger gun shows.
What I do see is the general sheeple population beginning to see that BOTH branches of government need to work together to make dig us out of this GOP dug hole. I have little faith in the right leaning judicial branch once they ruled corporations can pour UNLIMITED money into a candidate.
Hopefully next year will be a recovery year followed by great Clinton-like prosperity during Obama’s second term.
The bad thing about predictions is that they tend to be gloomy and/or threatening. They’re always laid out that way because anything else will sound naive.
The good thing about predictions is that the future is usually not out to impress anyone. The future is not ashamed of not being so extreme.
America desperately needs a revolution so we can get back to a government that operates under the U.S. Constitution. If these dunderheads end up in charge we will long for the incredibly corrupt system we have now.
Our forefathers were a bunch of exceptional guys but many of them just wanted a piece of the pie that was being cut up as we separated from England. There are some cut throat sons of bitches waiting for a piece of today’s pie and the chances of the good guys winning are very small.
I support the idea of revolution but never will support the Tea Baggers or the Bush era Republicans. Things could be worse than they are now and the Tea Baggers would be an abomination to the senses of people intelligent enough to read.
Jbenson 2 – ENOUGH ALREADY! There is someone like you in every single damned thread on the internet.
For the umpteen millionth time;the CRA DID NOT CAUSE THE RECESSION. That particular dead horse has been flogged over and over and over again. Liberals, conservatives, libertarians – every single econ who knows ANYthing has explained that.Banks required to loan under CRA were not the ones that failed, banks NOT required to loan under CRA were, CRA loans themselves defaulted at a lower rate than others,Bill Clinton may be your favorite bogey man, but it just wasn’t all his fault.
Here’s a tip; YOU HAVE BEEN MISLED – ON PURPOSE.
The Republican Tea Party is going to take over without a single clue as to what they really want – all they have are a bunch of soundbites of catchy, but empty, slogans. This is exactly the scenarion I predicted.
The Republican Tea Party is all based on selfishness and greed with a nice thick topping of bigotry and racism.
The timelines part of the top piece is entirely correct.
ROTFMAO
“Tea Party is its anarchist streak”
NOTHING could be more the opposite. They are NOT anarchist…they are big government entitlement freaks. They just don’t like anyone ELSE to get it. Seriously. In interview after interview they asked these 50-70 year old angry white people if they were calling to give up or drastically cut the military (no), or their own Medicare they all used (no) or social security (90% no). So they’re angry…but dumb angry. They’re angry and “big government”…even though they can’t quite define what it is. They’re angry about intrusive government, but want government to be the legal arm of their religion and be responsible for the morals and control of our citizens (gotta stop the gays).
They want everything, don’t want to pay for it, and want the government to be small and not intrusive for THEM but to still control everyone ELSE they don’t like. ROTFLMAO. Idiots!!
Corporations would never allow it
Alfred – You mean wealth creators like Enron? Or more like China’s trading post WalMart? Or maybe those real wealth creators at Goldman Sachs and Countrywide?
Dream on pal – you’ve been chumped, and all you can say is “thank you sir, may I have another?”.
As for all those “we need a revolution” grotesques, nothing could possibly be more tragic – or less likely to produce anything useful beyond dead bodies and mass suffering. A real wet dream for Tea baggers who don’t just hate America, but who absolutely loathe it.
de ja vu
“Democracy destroys itself because it abuses its right to freedom and equality. Because it teaches its citizens to consider audacity as a right, lawlessness as a freedom, abrasive speech as equality, and anarchy as progress.”
#14,
I suggest you look at the History of CUBA before castro.
WE put castro into power.
AND the problems of Poverty in cuba is related to the USA RESTRICTING all import export.
Why are you going NORTH AND SOUTH on the comment.. All one way or the other.
Think of what would happen, if the profits of the last 20 years..If’ 1/2 of the profits went to Upgrading wages THROUGH the business and NOT just at the top?
HOW about paying ALL the taxes owed insted of finding ways to HIDE IT?
According to BUSINESS 101..
its NOT wages that keeps Business Working..ITS BUYING POWER. Who has more buying power? 1 person making $100,000,000 or 2000 people making $50,000 or 4000 people making $25,000?? how about 6000 people making $16,000 per year?
***** stockpiling more guns, ammo and food.*****
Lol Alfred, can you even give a good definition of what a market is and why is it a good thing in your mind? The reason I ask is because I see so many people who either defend or decry markets when the clearly have no real clue about what a market is and does.
People say we need more regulation on one side and deregulation on the other. Markets cannot function unless there are established rules so that Smith’s “enlightened self-interest” can produce outcomes where all parties engaging in trade are better off for it. The greed that people want to cynically say is what makes free-market capitalism work is bad for society, as it seeks gains at the expense of others. This is not true market capitalism, it is a perversion of it. This is where I support regulation; establishing and enforcing rules so that people engaging in voluntary trade can do so because they all experience gains from it.
What I don’t support is regulation that chooses winners and losers for political reasons when market forces would have resulted in different, more socially beneficial outcomes.
There are many regulations we have that fall in the first category, but there are many in the second as well.
SeaL: a fine statement of fact.
Want some real security scadragon? Share all that with your neighbors. And strangers. And even those dirty poor people. I know that sounds real radical, but I’m sure I’ve heard that advice somewhere else before.
#23
Well said. One of the first items to learn in economics is that economics is not a zero-sum game. Each person gets something of value in a trade or the trade would not be made. No economist believes that there should be no regulation. All economists recognize that there are scenarios where capitalism breaks down and where government is necessary.
At this point, we hundreds of thousands of pages (if not millions of pages) of regulations in every industry. I’m not convinced that lack of regulation legislation is the issue. Enforcement of the existing laws or actual enforcement of oversight seems to be a bigger problem IMO.
Hey Demonrats, when we seize power, we will examine the database, find out who you are and force you to eat each other. It solves so many problems. Have a nice day, see you soon.
#6 Bobbo
I see you’ve set aside this special time to humiliate yourself in public.
“What’s distinctive about the Tea Party is its anarchist streak — its antagonism toward any authority, its belligerent self-expression, and its lack of any coherent program or alternative to the policies it condemns”
My, what a rather generic characterization that can apply to virturally any activist group you wish to name. I could only laugh at the author’s extrapolation from this fuzzy starting point to our society’s eventual demise.
I reject the author’s premise; therefore, his conclusions are meaningless.
Hah. Newsweek and credibility are antonyms. At least the squishes are figuring out they’re in trouble even if they’re not sure why. Hopefully Democrats across the country are crushed as never before so a free America still has a chance. Unfortunately, we proved we’re overly retarded when we elected our current president, so it’s more likely the human race is fucked. That’s okay too. A world where Americans aren’t in charge and living large has no reason to exist anyway.
Over and over again, the same memes, the same baseless or distorted talking points from all sides. The OP actually is the most viable of all the predictions spewed by the “sides” – who don’t realize it’s not about Obama or Pelosi or Boehner – those folks are all employees of the people with the real power. As the Supremes recently codified, money is a person and there is much more money than there is voters; it’s just that a small handful of people tell the money what to do. And the money has no allegiance to any country or political party.
And their ain’t nothin’ you or I can do about it.
Anarchists are just Fascists that are out of power.
Personally, I think we have hit a resource wall which will stagnate the economy for the rest of our lives, leading to banking collapses and rampant “deflation” rather than “hyperinflation”. But that’s just me.
The real scary part is this: We all seem to have differing opinions of the causes and effects of an American collapse and/or new revolution. But we can all imagine that it will happen.