Wednesday, April 15, 2009

Attended My First TEA Party

Handing off taxpayer dollars to the failed banks was the wrong thing to do. Regulation was what kept our economy from the "Boom and Bust" cycles we have experienced every 15 years since the 1700's. The Great Depression brought us Regulations. The "Boom and Bust" cycle was over. Finally, we could invest, spend, innovate, create with trust. In the 1980's we began to loosen some regulation requirements. The S&L failure was born. More reductions in regulations birthed 'cooking the books" in an Enron style of financial reporting. Then we experienced the fraudulent mortgage lending bringing the banks in an insolvent status. All because we bought this idea of "TOO BIG TO FAIL".

TEA Parties across the nation were attended by concerned citizens. "Leave our children and grandchildren's money alone" "Balance Budget" "Spend Less" "Stop tax increases" "Stop spending my future" "Fair Tax" "keep out of my piggy bank" "Don't tax me, bro" "Next time READ THE BILL" "Term limits"






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