Monday, October 13, 2008

Boston Tea Party denounces the Bail-out


There's this about political parties: you don't have to agree with all the details of everything yours does to be proud of it.

From a very personal perspective the Boston Tea Party condemnation of the $850 billion-dollar bail-out goes a little farther than i would, calling for an immediate liquidation of the Federal Reserve and repeal of legal tender laws. It's not that I don't want to go there eventually, but I'm more of an incrementalist, I think.

But that's not the heart of the matter. The heart of the matter is that the BTP has put down in writing what the two wings of the Demopublicans haven't had the courage to say: the bail-out was simply wrong.

Here are some of my favorite snippets:

Whereas, the bailout will tack on an additional $112 billion to the current deficit over a period of five years because the legislation contains no provision to dramatically cut spending and tax levels, and...

Whereas, the United States Senate voted in favor of the $850 billion bailout package by a vote of 74-26 in the interests of its lobbyists and special interest groups and against the wishes of the American people....

Be it resolved that the Boston Tea National Committee denounces, opposes, and condemns the $850 billion bailout package, as it deepens the financial crisis on Wall Street and Main Street and fleeces the American taxpayers of their hard-earned money to bailout companies, a practice that can be easily called economic fascism (or corporate socialism)...

Reinforces the need for federal and state accountability on the corrupt, fraudulent, and rotten actions of the regulators, bureaucrats, and corporatists aligned with the banking, financial, and mortgage sectors...


All my non-Libertarian friends should re-read that last segment....

The Boston Tea Party really could be the future of the Libertarian movement.

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