As you recover from your Thanksgiving feast (it is an American tradition to overeat on important holidays) here are a few items that may help you keep your appetite under control, if not directly provoke anorexia:
First, finally a simple explanation of QE2: {HT: CF]
Follow up that appetizer with an interview by Shawn Macomber with Charles Gasparino, author of Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street, at The American Spectator. Many non-ideological liberals sneer at the rubes associated with the Tea Parties because they find them unsophisticated. The Tea Parties are not prominently filled with, or led by, Harvard and Yale graduates, or denizens of the Coastal Urban communities, who see themselves as having a monopoly on virtue and sophistication. It is unfortunate that they do not recognize that the Tea Parties are natural allies of those who despise Crony Capitalism. They still believe the Republicans are the party of Wall Street and Big Business, where in reality, while both Democrat and Republican elites eagerly took large sums of Wall Street money and were most eager to do the bidding of Goldman-Sachs and GE, among others, the Tea Party has already begun to change the culture of the Republican party. Perhaps one of these days Liberals will take some time to actually listen to what the Tea Parties are saying rather than what they imagine they are hearing. Here is a first course to whet your appetite for the rest of the interview:
TAS: Do you think the difference between the media caricature of Wall Street as a militant free-market bastion and its limousine liberal reality will ever be cleared up in the general public's mind?
Gasparino: I think it already has been. That's why the President started attacking Wall Street like a minute after Scott Brown won Teddy Kennedy's seat. The public has definitely started to put it all together. I'm not a member of the Tea Party by any stretch of the imagination, but I will say one of the good things about that movement is that they understand this inside game, they don't like it, and they want it to end. They understand how corrupting it is for the entire system when Big Business can exploit the growth of Big Government. They instinctively know there is huge hypocrisy in Obama calling these guys fat cats when Wall Street is just exploiting what he presented them to exploit. Now, Wall Street shouldn't be commended for that, but let's be honest about it: this was a partnership…. This country is in desperate, desperate straits because government has skewed the incentives. The free market, which has been demonized, wouldn't have given these guys a bonus. It would have destroyed all of their businesses.
Read the whole thing and think carefully about 2012.
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