Why the Tea Parties?

Posted by admin on April 14, 2009 under 2K9 Tea Party Revolution, GET INVOLVED | Read the First Comment

It does not take an MBA to look at the numbers, just simple addition and division, to know that we, as a nation are in debt up to our eyeballs, and the spending just continues. But don’t take my word for it, I think these guys have an even higher degree:

  “March 31 (Bloomberg) — The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.
  New pledges from the Fed, the Treasury Department and the Federal Deposit Insurance Corp. include $1 trillion for the Public-Private Investment Program, designed to help investors buy distressed loans and other assets from U.S. banks. The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008. ”

Read the entire article on Bloomberg.com»

Our silence until recent has been deafening. It is time to be heard.

Find a Tea Party now!

And then there’s these figures:

  “What’s your Obama debt number when you add up how much you will have to pay on interest over the course of your working career for President Obama’s 2010 budget?
  Our estimates find that if you are 20 years old that plans to retire when you are 70, you will owe to President Obama $114,280.72 for the interest payments on his budget. ”

Read this entire article on AmericanSolutions.com»  Note: be sure to use calculator at the bottom of their page to see your personalized estimate.

Our silence until recent has been deafening. It is time to be heard.

Find a Tea Party now!

And it’s not just about citizens being directly taxed.

Other policies being considered within Obama’s $3.6 TRILLION budget for just 2010 will affect the cost of doing business for the energy sector, which costs are sure to be passed to all who purchase anything and everything. There is not a single thing you an I buy, that is not dependent on energy. Ergo, Obama’s “Cap and Tax” policy will cost us all more. This is a hidden consumer tax that many don’t consider.

Our silence until recent has been deafening. It is time to be heard.

Find a Tea Party now!