Rick Santelli's Chicago Tea Party |
| How To Get Help and Manage Your ReTeaParty.com Website Posted: 04 May 2009 03:50 PM PDT The following video is an introduction to the tutorials, FAQ center, and support center for anyone who is organizing and managing their own Tea Party website on ReTeaParty.com |
| How to Add a Blog to Your Website Posted: 04 May 2009 03:10 PM PDT |
| Obama says no to newspaper bailouts? Posted: 04 May 2009 01:05 PM PDT White House Press Secretary, Robert Gibbs, didn’t categorically rule it out, but strongly hinted that the Obama administration would not bail out failing newspapers. Wouldn’t that be a refreshing change? Let’s hope they stick to this stance. He also jabbed reporters for their recent criticism of Obama’s pledge to cut $100 million in federal spending. Gibbs insinuated that looking at the struggling newspaper balance sheets, $100 million wasn’t anything to laugh about. Is he aware, however, that $100 million represents a whopping 0.003% of the current federal budget? See his statements here. |
| House Democrats want $94 billion more Posted: 04 May 2009 12:55 PM PDT House Democrats want to pass an emergency $94 billion spending bill in coming weeks. Recently, President Obama had requested an additional $83 billion for the ongoing wars in Afghanistan and Iraq, which would comprise about 88% of the entire bill. $2 billion would also be slated for influenza pandemic preparation. How would you want your Representative to vote? |
| Fed historian issues dire inflation warning Posted: 04 May 2009 11:05 AM PDT In a New York Times op-ed, famous Fed historian, Allan Meltzer, warned that the Federal Reserve is sowing the seeds for punishing inflation in future years. Citing the foresight, courage, and independence of former Carter and Reagan Fed Chairman, Paul Volcker, Metlzer is encouraging the Fed to put a stop to its easy credit and money printing policies before inflation gets out of control in the not too distant future. Metlzer is especially concerned that the Federal Reserve is merely a pawn of the Federal Government and giant corporations. He also challenges the Fed’s “funny” inflation statistics, pointing out that real inflation, as reflected in the GDP deflator, actually rose 2.9% in the first quarter, despite a number of deflationary forces. Read more Meltzer calls it like it is. It’s no secret that the Federal Reserve’s monetary policy created the stock, housing, and credit bubble in the first place. Greenspan and Bernanke went hog wild under President Bush. Now, Bernanke’s going hog wild under President Obama. With its artificially low interest rates, the printing of trillions of dollars out of thin air, and the bailing out of its Wall Street buddies, the Federal Reserve is laying the foundation for an inflationary disaster. For those of us who worry about national security, this is truly a national security issue. Never in the history of this nation has our government (including the Federal Reserve) printed so much money, borrowed so much money, and spent so much money in such a brief period of time. A five-year old could figure out that such a policy bears dangerous consequences down the road. If we think the current recession is pretty bad, just wait a few years. This “Great Recession” could lead to an inflationary depression if we don’t get our house in order, and quickly. Read Meltzer’s op-ed here. |
| Posted: 04 May 2009 07:40 AM PDT As national debt continues to grow at an alarming pace, officials fear that rising inflation could be the next major hurdle for economic recovery in coming years. Massive spending, insatiable borrowing, and excessive printing may be setting the stage for surging interest rates. Recently, the Federal Reserve announced a new $1 trillion printing extravaganza, which temporarily drove down the 10 year and 30 year treasury yields back down to 2008/2009 crash lows, but in the past couple of weeks, the yields have begun to rise faster than expected. Though interest rates are still quite low for the moment, investors are clearly growing more concerned as inflationary pressures build, even during this largely deflationary collapse. Government officials are worried that the rapidly accumulating debt will place a huge burden on future generations, stifle private investment, raise interest rates, and lead to higher prices. Interestingly, instead of cutting back the grotesque overspending, the US Treasury is devising creative schemes to borrow even more for all its programs. Under our last president, national debt doubled and the value of our Dollar sank. Under our current president, it looks like more of the same at an even faster pace. Read the article here. |
| How to Add a New Page to Your Website Posted: 01 May 2009 03:00 PM PDT |
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