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Debt deal: anger and deceit has led the US into a billionaires' coup

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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:40 AM
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Debt deal: anger and deceit has led the US into a billionaires' coup
http://www.guardian.co.uk/commentisfree/2011/aug/01/us-debt-deal-tea-party


>>>snip
The movement started with Rick Santelli's call on CNBC for a tea party of city traders to dump securities in Lake Michigan, in protest at Obama's plan to "subsidise the losers". In other words, it was a demand for a financiers' mobilisation against the bailout of their victims: people losing their homes. On the same day, a group called Americans for Prosperity (AFP) set up a Tea Party Facebook page and started organising Tea Party events. The movement, whose programme is still lavishly supported by AFP, took off from there.

So who or what is Americans for Prosperity? It was founded and is funded by Charles and David Koch. They run what they call "the biggest company you've never heard of", and between them they are worth $43bn. Koch Industries is a massive oil, gas, minerals, timber and chemicals company. In the past 15 years the brothers have poured at least $85m into lobby groups arguing for lower taxes for the rich and weaker regulations for industry. The groups and politicians the Kochs fund also lobby to destroy collective bargaining, to stop laws reducing carbon emissions, to stymie healthcare reform and to hobble attempts to control the banks. During the 2010 election cycle, AFP spent $45m supporting its favoured candidates.

But the Kochs' greatest political triumph is the creation of the Tea Party movement. Taki Oldham's film (Astro)Turf Wars shows Tea Party organisers reporting back to David Koch at their 2009 Defending the Dream summit, explaining the events and protests they've started with AFP help. "Five years ago," he tells them, "my brother Charles and I provided the funds to start Americans for Prosperity. It's beyond my wildest dreams how AFP has grown into this enormous organisation."

AFP mobilised the anger of people who found their conditions of life declining, and channelled it into a campaign to make them worse. Tea Party campaigners take to the streets to demand less tax for billionaires and worse health, education and social insurance for themselves.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:45 AM
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1. People like Santelli do not give a darn about the people he
roiled up. Just uses their anger to manipulate.

Have you seen that terrible Attack ad they took
out on Obama, It is showing in Columbus Area.
Everything is Obama"s fault. That is Americans for Prosperity.

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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-02-11 12:51 AM
Response to Original message
2. Over the years I've watched DUers buy into the Invasion of
Afghanistan & Iraq, a proxy war in Libya, bogus terrorist threats ,the sell out to big insurance & wall st & now this. It's to be expected, it's boring me anymore.
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