Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.
http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm
While WND has been tracking 400 individual tea parties across the nation, the American Family Association has announced its count is nearing 1,600 – for Tax Day alone.
The AFA, planned to coordinate 1,000 Taxed Enough Already, or TEA, parties to be held at 12 p.m. on April 15 in front of city halls across the nation.
But the group is pleasantly surprised as is stands to double that goal before Tax Day is here.
"Our goal was to have a TEA party in 1,500 cities. We are nearly 100 cities above our goal and still growing," said Donald E. Wildmon, AFA chairman.
The AFA sponsored TEA parties are in addition to hundreds of parties planned by other groups. Taxpayers are also organizing tea parties for Independence Day and various Saturdays so people with conflicting work schedules may attend.
Meanwhile, a Google Maps list shows several locations of citizen tea parties – so many that the United States is nearly hidden behind a sea of blue markers.
Wildmon said the protests are essential because the government's reckless spending is burdening America with insurmountable debt.
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=93779
Where is the outrage? Where is Barney Frank and Chris Dodd?
A hedge fund manager who predicted the global credit crunch has said the financial crisis has been 'stimulating' and the culmination of his life's work.
George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse.
Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the gloabal storm.
But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion.
And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year.
'It is, in a way, the culminating point of my life’s work,' he told national newspaper The Australian.
Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary."
"I haven’t read the governor’s proposal. He’s a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue," Geithner said, saying that however his interpretation of the proposal was to increase the use of International Monetary Fund's special drawing rights -- shares in the body held by its members -- not creating a new currency in the literal sense.
"We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union," he said.
http://www.politico.com/blogs/bensmith/0309/Geithner_open_to_China_proposal.html?showall
I love this woman, because I know that the communist left wing vermin hate her so much. That means she is WONDERFUL.
http://www.michelebachmann.com/
Wow, this is good and I agree with the judge again...
Great minds think alike, I have been saying the same thing. This is all STAGED.
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
The government at present has the authority to seize only banks.
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/23/AR2009032302830_pf.html
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”.
The Russians smell blood and they are looking to undermine the dollar even further. Plus, the Socialist controlled media in Europe is constantly spreading the lies and propaganda that the USA is behind the Global Economic meltdown. The meltdown is staged, but it is from American and International sources...combined.Look people, you have ALL BEEN FOOLED. I have been saying for months that this entire economic mess was staged to get Obama into the White house, by the socialist thugs that are behind him. Now that they have positioned trillions of dollars to promote their socialist agenda, they are ready to say the economy is not bad?
This was a communist takeover of America and anyone that voted for this guy is responsible for it...
He is a fraud and the progressives behind him are his storm troopers...
BTW, this was a great interview with Karl Rove, one of the best he has done.
Salvation Army director of communications Suzi Woodruff Lacey said they are seeing people from all walks of life: "white collar, blue collar, people who have lost their jobs, people who are in danger of losing their homes."
Bread lines were regularly seen in the 1930s during the Great Depression, when unemployment peaked at more than 25 percent and the stock market lost 90 percent of its value. Today, California's unemployment rate hit 8.4 percent.
http://www.myfoxatlanta.com/dpp/news/dpgo_Bread_Lines_Seen_in_California2239009
The Prime Minister said the two countries' historic "partnership of purpose" should be directed at fighting the downturn as well as terrorism, poverty and disease.
Mr Brown, who will be the first European leader to meet with Mr Obama since he came to office, said: "I believe there is no challenge so great or so difficult that it cannot be overcome by America, Britain and the world working together.
"That is why President Obama and I will discuss this week a global new deal, whose impact can stretch from the villages of Africa to reforming the financial institutions of London and New York - and giving security to the hard-working families in every country."
It would require all continents to make cash injections to boost economies, all countries to adopt green policies, universal banking reforms and changes to international bodies, he suggested.
| Host: | |
| Type: | |
| Network: | Global |
| Date: | Saturday, February 28, 2009 |
| Time: | 2:00pm - 3:00pm |
| Location: | New York City |
| Street: | City Hall Park |
| City/Town: | New York, NY |
