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Has the Tea Party given up on fiscal responsiblity?
Now that we are back to Bush style tax cut and spend deficit spending? Does it mean that the pro-corporate wing of the GOP is back, and the Tea Party is irrelevant?
14 Answers
- IsaLv 61 decade agoFavorite Answer
You can't really give up on something you never really stood for in the first place.
But if you're asking if they're giving up on LIP SERVICE to fiscal responsibility, the answer is almost certainly 'no.' I mean, the ordinary old Republican Party still takes a break from its pork-stuffing, deficit-inflating madness every two years to talk about how much they like 'small government' and 'fiscal responsibility.' Why would the Tea Party deviate from a model that's worked so well?
- Anonymous1 decade ago
Hey Sparky , you`ll wish the TEA PARTY had given up after January 6 , 2011 ... Ron Paul, Who Hates the Fed, Will Oversee It...By Mike Taylor
December 9, 2010 | 2:08 p.m
Who wants to go back to the barter system ; because we`re gonna` fix your liberal cash cow ; The Fereral Reserve , and we`ll go from there !
Representative Ron Paul, the Republican congressman who hated the Federal Reserve before hating the Federal Reserve was the fashionable thing to do, is now in charge of overseeing the Fed. Bloomberg reports that Mr. Paul will be conducting a few hearings on monetary policy and plans to renew his efforts to put the Fed through a meat grinder of scrutiny. Also:
His campaign to audit the Fed picked up steam as the central bank deployed trillions in emergency loans in the midst of the worst financial crisis since the Great Depression. Paul's bill gained the support of 320 of 435 members of the House and a portion of the measure ended up in the Dodd-Frank financial regulatory overhaul enacted this year.
Here are some things Ron Paul, who has introduced legislation to dismantle the Federal reserve, has written about the central bank: "I think the system of Fed domination must come to an end"; "Ending the Fed would be the single greatest step we could take to restoring American prosperity."
It should surprise few people then that Mr. Paul intends to expand the role of the committee he will lead. From The Daily Paul, a pro-Paul blog:
Many people have never heard about that Subcommittee, and Paul says in the past it has been concerned with "commemorative coins." However, Paul says he will use it to impact monetary policy. Paul doesn't believe that this new position alone will result in the elimination of the Fed, which he has championed for quite some time, but he will use the position as another venue to criticize the Fed and call more attention to its drawbacks.
Poor Ben Bernanke. His quantitative easing has drawn the ire of experts; one in six Americans wants to get rid of his workplace entirely; and now the guy who has done more than anyone to demonize American central banking is going to trot him in front of Congress and ask some mean questions. He just can't catch a break.
C-SPAN viewers, on the other hand, are in for a real treat. Paul and Bernanke — we just can't wait for the sparks to fly.
- hyskeLv 45 years ago
Why are we (whoever it truly is) watching a communicate board question it truly is 5 years old ? Stale and uninteresting even the commenters are dyed interior the wool drones positioned as much as answering lots of those questions.. the place are the comments via an conservative ? very few.. out numbered 9:2 stable prepare clone/dones.
- Anonymous1 decade ago
Yes, if they ever intended fiscal responsibility in the first place.
Within 72 hours of the election, the TP had:
-backtracked on fiscal restraint
-endorsed $700 billion in unfunded "tax cut" giveaways
-declared that they would shift focus to "social issues" e.g., making life miserable for pregnant women and gays.
Say hello to the new GOP - same as the old GOP.
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- Chin TLv 71 decade ago
We "Won't be fooled again" and we will be there making sure we are not should we not see fiscal responsibility after January 3
- Anonymous1 decade ago
Possibly and Obama has given up on liberalism and become a boot licking neocon.
- Anonymous1 decade ago
When did the tea party take over, again?
I don't think the term "tea party" means what you think it means.
- gcbtradingLv 71 decade ago
You can be sure the Tea Party is not in favor of the extension to pay people to remain unemployed. It's a bad deal all the way around.
- relevant inquiryLv 61 decade ago
They were never serious about it. It was a way to bash Obama. He was spending because of the recession so they seized on it as a weapon.