Sunday, July 31, 2011

US spending junkies applauded in British Press!

The Observer, this Sunday, excels itself in stupidity. The paper writes:

The 2010 congressional election campaign was dominated by the Tea Party but the populist movement then appeared to fade, seemingly absorbed by the Republican mainstream. Earlier this year, in a test run for the present standoff, Republicans threatened to shut the federal government. Obama backed down and gave the Republicans spending cuts. But this was primarily a Republican campaign, not a Tea Party one.

Let's face it, any individual or group of people, suggesting living within one's means, has to be on the wrong side of completely crazy in La-la-Observer-land:

Normally, raising America's debt ceiling is an arcane and routine matter for Congress, passing through the House of Representatives and Senate barely noticed, as it has about 140 times since the second world war. But that was before the emergence of the Tea Party movement. The Tea Party rose out of anger over the scale of federal spending, and in particular in bailing out the banks and the car industry.

Yet is not the entire Western World, now up to its neck in debt from printed funny money through quantitative easing, artificially facilitated asset bubbles and phony credit intruments? Is this truly the world America's forefathers of 200 years ago set out to create, as suggested in this ludicrous quote the Observer chooses to print?

Martin Frost, a former Democratic congressman from Texas, writing on the Politico website, compared the Tea Party to the Taliban in its drive for ideological purity, lack of respect for tradition and unwillingness to compromise. "We now have a group of US politicians seeking political purity, who seem to have much in common with the Taliban. They are Tea Party members; and because of blind adherence to smaller government, they seem intent on risking destroying what American political leaders have constructed in more than two centuries of hard, often painful work," Frost wrote.

America needs to set an example to the former democracies of the EU by cutting its debt ceiling, on which more may be read from here.

In Britain the Guardian and its Sunday sister, the Observer, which has again proved its dodgy credentials so spectacularly in the full quoted article linked here, have much to answer to for the present desperate state of the country, which even this weekend is not yet fully revealed! Go to it our American Cousins, they urge, rob the near corpse of your country yet again, for one last fix of spending excess, so the rest of the West can follow your clear lead in the feeding of our addiction.

(This post will also appear on Orphans of Liberty in due course). 

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