We're down to the wire here on financial reform. I can't think of a better time to put pressure on Wall Street and Washington to make sure there is adequate regulation to ensure that we never have another bailout. The AFL-CIO is about to have a protest at Wall Street on April 29th. Great, that makes sense. I'm sure the right-wing groups who are also upset about the bailouts will join them.
If you remember, the Tea Parties were originally formed to protest the bailouts. They were so mad at the Wall Street bankers who destroyed the economy and then took our hard earned money for their efforts.
So, they will take this opportunity, of course, to launch their own protest of Wall Street. They will protest the TARP money, the easy credit, the lack of regulation, the wild risk taking and the excessive bonuses paid with taxpayer money. They're really going to take the fight to them.
Just kidding. They're not going to do anything. They're going to sit out this fight on financial reform and put absolutely no pressure on Wall Street at all. Because they are tools easily manipulated by right-wing organizations funded by corporate America.
I really feel sorry for them. They're dupes. They think they are so fiercely independent when in fact they are the most easily manipulated people in the country. All that anger toward the power establishment and what happened? They were used by that same establishment to fight against health care reform and to try to protect the health insurance companies. Suckers.
Now, when it's time to fight the financial companies, where are they? Nowhere to be found. Why? Because FreedomWorks and Americans for Prosperity didn't organize any bus rides to Wall Street. They didn't manufacture the outrage they did in protecting the health care companies. They used the Tea Party protestors for their own purposes and then left them on the side of the road, only to be picked up again when they need to protect another company or industry.
I issued a challenge back in January to the Tea Party organizers to rally against Wall Street or even against the Obama administration (Tim Geithner in particular) for being too soft on them. And what's happened since then? Nada. Zilch. Zippo.
So, I was proven right -- they're never, ever going to protest Wall Street because they are ignorant dupes being led by the nose by their corporate overlords. And they think they're so tough and independent-minded. What a farce. The whole movement is a sad joke being played on its own members.
On The Young Turks we talked to former vice presidential nominee for the Libertarian Party, Wayne Allyn Root. He has spoken at countless Tea Party protests and considers himself a part of the movement. In the interview below, count how many times I asked him where the Wall Street protests were and how many times he evaded, dodged and ducked the question. That's because there are no such protests and there never will be:
The tidal wave of right wing nuttiness directed at Barack Obama has been a recurring subject at LGF recently, and here’s some evidence that it isn’t just a matter of perception. Blogger J. L. Bell took a look through Snopes.com, the website that investigates and debunks rumors of all kinds, and discovered a huge difference in the number of false rumors about Obama compared to other Presidents.
To keep on top of urban myths of all kinds, I subscribe to the Snopes.com update list, and I noticed a pattern there that I thought deserved to be examined more arithmetically. It struck me I was seeing a lot more rumors about President Obama, and a lot more false rumors, than I remembered from earlier years. So I ran the numbers, as of this week.
After eight years in the White House (with Snopes.com around all that time), George W. Bush has been the subject of 47 internet rumors. After less than two years in office, Barack Obama has been the subject of 87, or nearly twice as many.
Even more telling is the relative accuracy of those stories. For Bush, 20 rumors, or 43%, are true. Only 17, or 36%, are false. The remainder are of mixed veracity (4), undetermined (4), or unclassifiable (2).
In contrast, for Obama only 8 of the 87 rumors, or 9%, are true, and a whopping 59, or 68%, are whoppers. There are 17 of mixed veracity and 3 undetermined.
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