Tea Party Holds Rally to Keep Corker from Bending on Financial Reform

Source: Nashville Public Radio

As the U.S. Senate considers a new financial reform package led by Democrats, members of the Franklin-based Tea Party Nation want to make sure Republican Bob Corker doesn’t start compromising. Twenty-five of them held a modest rally in front of Corker’s West End office Thursday.

Some amongst the Tea Partiers believe the government needs to stop bailing out companies instead of prescribing a more orderly way to do it next time.

Retiree Lorene Steffes says she doesn’t see how the Senate proposal would have kept the country out of the current crisis. It does nothing about the home loan giants Fannie and Freddie Mac, she says. But Steffes isn’t dogging Corker, like some of her fellow Tea Partiers.

“Unlike a lot of Senators who are career Senators and don’t know anything about business, Mr. Corker does. So I have confidence he knows a bad bill when he sees it, and I want him to hold his ground because this is a bad bill.“


Read more: http://wpln.org/?p=16814

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If there was any doubt that the Tea Party movement is complete astroturf, here are Tea Partiers demonstrating against Bob Corker's efforts to reach an agreement on financial reform. I guess the Tea Partiers believe that regulation financial derivatives is a form of tyranny.

Brilliant! :silly:

The Tea Party nation, which was mobilized around anger at Wall Street, is now being mobilized with Frank Lutz talking points designed to protect Wall Street from any regulation. Even Bob Corker agrees that the bailout talking point is a lie, yet here is a Tea Party e-mail designed to pressure Corker into backing off.

http://www.rttnews.com/Content/PoliticalNews.aspx?Id=1276158&SM=1

what, the tea baggers will comply with their master(s).

Government take over, government will control and assimilate all of us, oh wait, that has already happened to the tea baggers, they have been assimilated by their masters.

These people think Chris Dodd is a "liberal"?????

WTFO!

This is what happens when you have NO RESPONSE TO THE LIKES OF LIMPBALLS, INSANITY, TRAIN WRECK, and Faux News

I thought the teaparty thing started because of the bailouts. But I haven’t seen a protest against Wall St. Then my very astute spouse explained that they aren’t angry because the banks took the bailouts; after all that is the way they think the "free market" is supposed to work. It is the nature of the beast for capitalists to grab as much as possible, privatize profits, publicize risk and all that.

No, the anger is that they were given the bailouts by the government.

It’s ok to take a bailout, It’s bad to give a bailout. In a weird, twisted way it makes sense, if you think weirdly and twistedly.

If it is an anti-war protest, you divide the number by 100 and give appropriate coverage based on the adjusted crowd level. Conversely, if it is an anti-Democratic protest, you multiply by 100, then give appropriate coverage based on the adjusted crowd level. This is how a Tea Party rally regarding health care reform can get more coverage then a much larger rally on immigration reform that is held the same day.

The Sec. of Treasury Geithner was on Morning Joe this morning and said that an overhaul of Fannie and Freddie will take place separately a set of reforms for the whole housing markets next year.

Here's a video with an excerpt of the relevant part regarding Fannie and Freddie:
http://www.youtube.com/watch?v=p75AF7ZVCJg

and here's a link to the whole interview if anyone's interested in seeing the whole thing:
Part ONE: http://www.msnbc.msn.com/id/3036789/ns/msnbc_tv-morning_joe#36709667
Part TWO: http://www.msnbc.msn.com/id/3036789/ns/msnbc_tv-morning_joe#36709727

"I love global warming" etc, and blaming Obama for the economy that bush killed. WTF.

These guys really are dumb.

If the Tea Partiers are going to try to mobilize against financial reform, it just a matter of time before Wall Street bankers become the new victim.