Pelosi: Hey, we Dems have a lot in common with those Astroturfing Tea Partiers, or something

posted at 11:55 am on February 28, 2010 by Ed Morrissey

Judging by the e-mail we’re already getting on this, Nancy Pelosi’s combination of claim on Tea Party sensibility while attacking Tea Partiers themselves will probably be the story of the day. Via Newsbusters, CentristNet, Weasel Zippers, and probably everybody else, Pelosi continues to claim that Tea Parties are nothing more than Astroturf (in other words, fake grassroots), but she’s added a twist today. Now she says that Democrats have a lot in common with this apparent Astroturfing movement. And you’ll never guess what the primary motivation for these protests really are, according to the Speaker:

ELIZABETH VARGAS, ABC NEWS: Let’s talk a bit about the coming elections in November. You had recently– and the Tea Party movement, do you think it will be a force to be reckoned with? You had said last summer that it was a faux grassroots movement. You called it the Astroturf movement.

NANCY PELOSI, HOUSE SPEAKER: In some respects it is. Uh-huh.

VARGAS: Is the Tea Party movement a force?

PELOSI: No – No what I said at the time is, that they were — the Republican Party directs a lot of what the Tea Party does, but not everybody in the Tea Party takes direction from the Republican Party. And so there was a lot of, shall we say, Astroturf, as opposed to grassroots.

But, you know, we share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C., as — it just has to stop. And that’s why I’ve fought the special interest, whether it’s on energy, whether it’s on health insurance, whether it’s on pharmaceuticals and the rest.

VARGAS: So, common ground with many people in the Tea Party movement.

PELOSI: Well, no, there are some. There are some because they, again, some of it is orchestrated from the Republican headquarters. Some of it is hijacking the good intentions of lots of people who share some of our concerns that we have about the role of special interests and many Tea Partiers, not that I speak for them, share the view, whether it’s — and Democrats, Republicans and Independents share the view that the recent Supreme Court decision, which greatly empowers the special interests, is something that they oppose.

Er, what?  How many who have attended Tea Parties have heard anyone decrying the Citizens United v FEC decision?  No wonder Pelosi had to throw in the caveat that “I don’t speak for them.”  She also hasn’t listened to them, again not exactly a surprise.

The Tea Parties got their start from the conclusion that Democratic policies would create a need for massive new taxes in the US, the growth of statist policy, and especially the attempt by Democrats to seize control of the health-care and energy sectors of the American economy.  Every Tea Party features speakers — both politicians and regular citizens — that address the need to reduce government interference in the lives of Americans, roll back federal spending, and reduce the burden that Washington places on the economy.  What exactly does that have in common with Pelosi’s radical-Left agenda, which the Tea Party has successfully stalled for more than a year?

One gets the impression that the Speaker has become the Baghdad Bob of the Beltway. The Tea Parties aren’t real!, she will continue to insist, while the movement swamps the midterms and puts Pelosi back in the minority.

Update: Jim Vicevich has a great video of the one-year anniversary of the Tea Party, and a message back to Pelosi from her new-found allies in the movement.

Related Posts:

Breaking on Hot Air



Trackback URL


Hey Nazi Policei
That fog in San Fransisco you see hanging above your house
is not always fog
its mary jane’s exhaust fumes
So the next time you are home , breathe with caution !

macncheez on February 28, 2010 at 4:29 PM

But, you know, we share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C., as — it just has to stop. And that’s why I’ve fought the special interest, whether it’s on energy, whether it’s on health insurance, whether it’s on pharmaceuticals and the rest.

Special interests are in Washington to either protect themselves or gain favors from an overbearing federal government. If statists like Pelosi would stop sticking their noses into every aspect of American life, the special interests would go home.

But Pelosi likes people coming to kiss her saggy ass in order to be left alone or gain advantages by government force. She’s full of crap and has once again insulted everyone with a modicum of intelligence.

Some of it is hijacking the good intentions of lots of people…

There’s the “they must be stupid sheep” meme again. The levels of arrogance and cluelessness she manages to achieve is truly amazing.

RadClown on February 28, 2010 at 4:37 PM

Pelosi: Delusional, Mentally unstable.

No surprise she’s one of the top dems.

RedbonePro on February 28, 2010 at 4:50 PM

and many Tea Partiers, not that I speak for them, You got that much right!!!! So I guess it’s not a lie to say this next:

share the view, whether it’s — and Democrats, Republicans and Independents share the view that the recent Supreme Court decision, which greatly empowers the special interests, is something that they oppose.

Democrats are completely utterly, and absolutely out of touch with America.

I can not even imagine policies more out of touch.

In fact I would not be surprised to find they were aliens from another planet!!!

petunia on February 28, 2010 at 4:59 PM

But, you know, we share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C., as — it just has to stop. And that’s why I’ve fought the special interest, whether it’s on energy, whether it’s on health insurance, whether it’s on pharmaceuticals and the rest.

Really ?

macncheez on February 28, 2010 at 5:09 PM

It’s going to be fun watching them try to pry the gavel out of her hands next January. I predict a total meltdown,and a tug of war between Nancy and the new Speaker, accompanied by shrieks of “Mine! Mine! Mine!”

I do suggest a psychological evaluation in the meantime. All that Botox can’t be good for anyone, long-term.

Let’s just hope she is as successful persuading members of her caucus to vote for the Deathcare bill as she is at impersonating a human being.

hachiban on February 28, 2010 at 5:14 PM

Nuff Said…Everyone’s your friend at closing time.

Dr Evil on February 28, 2010 at 5:27 PM

Liberalism is a mental disorder resembling schizophrenia. Peloser is in the latter stages and is hanging on by a thread.

volsense on February 28, 2010 at 6:17 PM

One of the problems that the Tea Parties cause Democrats is that they bring into the public consciousness that the Dems aren’t at all the “pro-little guy, lobbiest-hating, special interest ignoring” party that they claim to be.

29Victor on February 28, 2010 at 6:19 PM

In fact I would not be surprised to find they were aliens from another planet!!!

petunia on February 28, 2010 at 4:59 PM

You mean like this?

platypus on February 28, 2010 at 6:35 PM

Tea Party Girl here: I’d jump in front of a bullet for Obama, but only to keep Pelosi out of the Vice Presidency.

Does Nancy Pelosi not know that she the most, wasteful, spendhappy, power hungry, lying sack of despised member of Congress EVAH?

ace tomato on February 28, 2010 at 6:51 PM

She fought special interests?

Who the hell funds her campaigns? She looks the other way when Dem Reps are up to their eyeballs in corruption with special interests. Thereby making her guilty of it.

This woman really needs to spend more time in a mental ward, than in D.C. Then again…is there much of a difference now days?

capejasmine on February 28, 2010 at 7:26 PM

If it wasn’t for the Botox in her nose, it would be so big it would break off her face and take a large chunk with it.

Cybergeezer on February 28, 2010 at 7:54 PM

From Free Republic:

Main Street Radical ^ | 2/28/10 | James Devere

Happy Birthday, Tea Party! Proof positive that the message is having an impact…Nancy Pelosi is losing her marbles.

Au contraire. Nancy’s marbles are bigger than Harry Reid’s.

Dr. Charles G. Waugh on February 28, 2010 at 8:13 PM

Perfect example of a 40 watt receptacle with a 100 watt workload!

chickasaw42 on February 28, 2010 at 8:49 PM

check it out folks, my post(centristnet) on Frank Rich made the Atlantic! As did Ed’s —

Anti-Harkonnen Freedom Fighter on February 28, 2010 at 9:26 PM

This Kabuki theater doesn’t even matter anymore…

Submitted by Leo Kolivakis, publisher of Pension Pulse.

Bill Totten sent me a very interesting article from David DeGraw published on Alternet, The Economic Elite Have Engineered an Extraordinary Coup, Threatening the Very Existence of the Middle Class:

“The American oligarchy spares no pains in promoting the belief that it does not exist, but the success of its disappearing act depends on equally strenuous efforts on the part of an American public anxious to believe in egalitarian fictions and unwilling to see what is hidden in plain sight.” — Michael Lind, To Have and to Have Not

We all have very strong differences of opinion on many issues. However, like our founding fathers before us, we must put aside our differences and unite to fight a common enemy.

It has now become evident to a critical mass that the Republican and Democratic parties, along with all three branches of our government, have been bought off by a well-organized Economic Elite who are tactically destroying our way of life. The harsh truth is that 99 percent of the U.S. population no longer has political representation. The U.S. economy, government and tax system is now blatantly rigged against us.

Current statistical societal indicators clearly demonstrate that a strategic attack has been launched and an analysis of current governmental policies prove that conditions for 99 percent of Americans will continue to deteriorate. The Economic Elite have engineered a financial coup and have brought war to our doorstep…and make no mistake, they have launched a war to eliminate the U.S. middle class.

To those who feel I am using extreme rhetoric, I ask you to please take a few minutes of your time to hear me out and research the evidence put forth. The facts are there for the unprejudiced, rational and reasoned mind to absorb. It is the unfortunate reality of our current crisis.

Unless we all unite and organize on common ground, our very way of life and the ideals that our country was founded upon will continue to unravel.

Before exposing exactly who the Economic Elite are, and discussing common sense ways in which we can defeat them, let’s take a look at how much damage they have already caused.

Casualties of Economic Terrorism, Surveying the Damage

The devastating numbers across-the-board on the economic front are staggering. I’ll go through some of them here, many we have already become all too familiar with. We hear some of these numbers all the time, so much so that it appears as if we have already begun “to normalize the unthinkable.” You may be sick of hearing them, but behind each number is an enormous amount of individual suffering, American lives and families who are struggling worse than they ever have.

America is the richest nation in history, yet we now have the highest poverty rate in the industrialized world with an unprecedented amount of Americans living in dire straights and over 50 million citizens already living in poverty.

The government has come up with clever ways to downplay all of these numbers, but we have over 50 million people who need to use food stamps to eat, and a stunning 50 percent of U.S. children will use food stamps to eat at some point in their childhoods. Approximately 20,000 people are added to this total every day. In 2009, one out of five U.S. households didn’t have enough money to buy food. In households with children, this number rose to 24 percent, as the hunger rate among U.S. citizens has now reached an all-time high.

We also currently have over 50 million U.S. citizens without health care. 1.4 million Americans filed for bankruptcy in 2009, a 32 percent increase from 2008. As bankruptcies continue to skyrocket, medical bankruptcies are responsible for over 60 percent of them, and over 75 percent of the medical bankruptcies filed are from people who have health care insurance. We have the most expensive health care system in the world, we are forced to pay twice as much as other countries and the overall care we get in return ranks 37th in the world.

In total, Americans have lost $5 trillion from their pensions and savings since the economic crisis began and $13 trillion in the value of their homes. During the first full year of the crisis, workers between the age of 55 – 60, who have worked for 20 – 29 years, have lost an average of 25 percent off their 401k. “Personal debt has risen from 65 percent of income in 1980 to 125 percent today.” Over five million U.S. families have already lost their homes, in total 13 million U.S. families are expected to lose their home by 2014, with 25 percent of current mortgages underwater. Deutsche Bank has an even grimmer prediction: “The percentage of ‘underwater’ loans may rise to 48 percent, or 25 million homes.” Every day 10,000 U.S. homes enter foreclosure. Statistics show that an increasing number of these people are not finding shelter elsewhere, there are now over 3 million homeless Americans, the fastest-growing segment of the homeless population is single parents with children.

One place more and more Americans are finding a home is in prison. With a prison population of 2.3 million people, we now have more people incarcerated than any other nation in the world — the per capita statistics are 700 per 100,000 citizens. In comparison, China has 110 per 100,000, France has 80 per 100,000, Saudi Arabia has 45 per 100,000. The prison industry is thriving and expecting major growth over the next few years. A recent report from the Hartford Advocate titled “Incarceration Nation” revealed that “a new prison opens every week somewhere in America.”

Mass Unemployment

The government unemployment rate is deceptive on several levels. It doesn’t count people who are “involuntary part-time workers,” meaning workers who are working part-time but want to find full-time work. It also doesn’t count “discouraged workers,” meaning long-term unemployed people who have lost hope and don’t consistently look for work. As time goes by, more and more people stop consistently looking for work and are discounted from the unemployment figure. For instance, in January, 1.1 million workers were eliminated from the unemployment total because they were “officially” labeled discouraged workers. So instead of the number rising, we will hear deceptive reports about unemployment leveling off.

On top of this, the Bureau of Labor Statistics recently discovered that 824,000 job losses were never accounted for due to a “modeling error” in their data. Even in their initial January data there appears to be a huge understating, with the newest report saying the economy lost 20,000 jobs. TrimTabs employment analysis, which has consistently provided more accurate data, “estimated that the U.S. economy shed 104,000 jobs in January.”

When you factor in all these uncounted workers — “involuntary part-time” and “discouraged workers” — the unemployment rate rises from 9.7 percent to over 20 percent. In total, we now have over 30 million U.S. citizens who are unemployed or underemployed. The rarely cited “employment-participation” rate, which reveals the percentage of the population that is currently in the workforce, has now fallen to 64 percent.

Even based on the “official” unemployment rate, just to get back to the unemployment level of 4.6 percent that we had in 2007, we need to create over 10 million new jobs, and most every serious economist will tell you that these jobs are not coming back. In fact, we are still consistently shedding jobs, on just one day, January 27, several companies announced new cuts of more than 60,000 jobs.

Due to the length of this crisis already, millions of Americans are reaching a point where the unemployment benefits they have been living on are coming to an end. More workers have already been out of work longer than at any point since statistics have been recorded, with over six million now unemployed for over six months. A record 20 million Americans qualified for unemployment insurance benefits last year, causing 27 states to run out of funds, with seven more also expected to go into the red within the next few months. In total, 40 state programs are expected to go broke.

Most economists believe the unemployment rate will remain high for the foreseeable future. What will happen when we have millions of laid-off workers without any unemployment benefits to save them?

Working More for Less

The millions struggling to find work are just part of the story. Due to the fact that we now have a record high six people for every one job opening, companies have been able to further increase the workload on their remaining employees. They have been able to increase the amount of hours Americans are working, reduce wages and drastically cut back on benefits. Even though Americans were already the most productive workers in the world before the economic crisis, in the third quarter of 2009, average worker productivity increased by an annualized rate of 9.5 percent, at the same time unit labor cost decreased by 5.2 percent. This has led to record profits for many companies. Of the 220 companies in the S&P 500 who have reported fourth-quarter results thus far, 78 percent of them had “better-than-expected profits” with earnings 17 percent above expectations, “the highest for any quarter since Thomson Reuters began tracking data.”

According to the Bureau of Labor Statistics, the national median wage was only $32,390 per year in 2008, and median household income fell by 3.6 percent while the unemployment rate was 5.8 percent. With the unemployment rate now at 10 percent, median income has been falling at a 5 percent rate and is expected to continue its decline. Not surprisingly, Americans’ job satisfaction level is now at an all-time low.

There are also a growing number of employed people who, despite having a job, are still living in poverty. There are at least 15 million workers who now fall into this rapidly growing category. $32,390 a year is not going to get you far in today’s economy, and half of the country is making less than that. This is why many Americans are now forced to work two jobs to provide for their family to hopefully make ends meet.

A Crime Against Humanity

The mainstream news media will numb us to this horrifying reality by endlessly talking about the latest numbers, but they never piece them together to show you the whole devastating picture, and they rarely show you all the immense individual suffering behind them. This is how they “normalize the unthinkable” and make us become passive in the face of such a high causality count.

Behind each of these numbers, is a tremendous amount of misery; the physical toll is only outdone by the severe psychological toll. Anyone who has had to put off medical care, or who couldn’t get medical care for one of their family members due to financial circumstances, can tell you about the psychological toll that is on top of the physical suffering. Anyone who has felt the stress of wondering how they were going to get their child’s next meal or their own, or the stress of not knowing how they are going to pay the mortgage, rent, electricity or heat bill, let alone the car payment, gas, phone, cable or Internet bill.

There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.

These are all basic things every person should be able to easily afford in a technologically advanced society such as ours. The reason we struggle with these things is because the Economic Elite have robbed us all. This amount of suffering in the United States of America is literally a crime against humanity.

David DeGraw followed up with another article, The Richest 1% Have Captured America’s Wealth — What’s It Going to Take to Get It Back?:

“The war against working people should be understood to be a real war…. Specifically in the U.S., which happens to have a highly class-conscious business class…. And they have long seen themselves as fighting a bitter class war, except they don’t want anybody else to know about it.” — Noam Chomsky

As a record amount of U.S. citizens are struggling to get by, many of the largest corporations are experiencing record-breaking profits, and CEOs are receiving record-breaking bonuses. How could this be happening, how did we get to this point?

The Economic Elite have escalated their attack on U.S. workers over the past few years; however, this attack began to build intensity in the 1970s. In 1970, CEOs made $25 for every $1 the average worker made. Due to technological advancements, production and profit levels exploded from 1970 – 2000. With the lion’s share of increased profits going to the CEO’s, this pay ratio dramatically rose to $90 for CEOs to $1 for the average worker.

As ridiculous as that seems, an in-depth study in 2004 on the explosion of CEO pay revealed that, including stock options and other benefits, CEO pay is more accurately $500 to $1.

Paul Buchheit, from DePaul University, revealed, “From 1980 to 2006 the richest 1% of America tripled their after-tax percentage of our nation’s total income, while the bottom 90% have seen their share drop over 20%.” Robert Freeman added, “Between 2002 and 2006, it was even worse: an astounding three-quarters of all the economy’s growth was captured by the top 1%.”

Due to this, the United States already had the highest inequality of wealth in the industrialized world prior to the financial crisis. Since the crisis, which has hit the average worker much harder than CEOs, the gap between the top one percent and the remaining 99% of the US population has grown to a record high. The economic top one percent of the population now owns over 70% of all financial assets, an all time record.

As mentioned before, just look at the first full year of the crisis when workers lost an average of 25 percent off their 401k. During the same time period, the wealth of the 400 richest Americans increased by $30 billion, bringing their total combined wealth to $1.57 trillion, which is more than the combined net worth of 50% of the US population. Just to make this point clear, 400 people have more wealth than 155 million people combined.

Meanwhile, 2009 was a record-breaking year for Wall Street bonuses, as firms issued $150 billion to their executives. 100% of these bonuses are a direct result of our tax dollars, so if we used this money to create jobs, instead of giving them to a handful of top executives, we could have paid an annual salary of $30,000 to 5 million people.

So while US workers are now working more hours and have become dramatically more productive and profitable, our pay is actually declining and all the dramatic increases in wealth are going straight into the pockets of the Economic Elite.

If our income had kept pace with compensation distribution rates established in the early 1970s, we would all be making at least three times as much as we are currently making. How different would your life be if you were making $120,000 a year, instead of $40,000?

So it should come as no surprise to see that we now have the highest inequality of wealth in the industrialized world and the highest inequality of wealth in our nation’s history. The backbone of America, a hard working middle class that has made our country a world leader, has been devastated.

Now that we have a better understanding of how our income has been suppressed over the past forty years, let’s take a look at how the economy has been designed to take the limited money we receive and put it into the hands of the Economic Elite as well.

Costs of Living

Other than in the workplace, in almost all our costs of living the system is now blatantly rigged against us. Let’s take a look at it, starting out with our tax system.

In total, the average US citizen is forced to give up approximately 30% of our income in taxes. This tax system is now strategically designed to flow straight into the hands of the Economic Elite. A huge percentage of our tax dollars ultimately end up in their pockets. The past decade proves that — whether it’s the Republicans or the Democrats running the government — our tax money is not going into our community, it is going into the pockets of the billionaires who have bought off both parties – it is obscene.

For an example of how this system flows to the Economic Elite, just look at the Wall Street “bailout.” The real size of the bailout is estimated to be $14 trillion – and could end up costing trillions more than that. By now you are probably also sick of hearing about the bailout, but stop and think about this for a momentÖ Do you comprehend how much $14 trillion is?

What could be accomplished with this money is almost beyond common comprehension.

And this is just the tip of the iceberg that has hit us. On top of the trillions given to the Wall Street elite, we already have a record $12.3 trillion in national debt – and we now have to pay $500 billion in interest to the Economic Elite on this debt every year, yet another way they are milking us dry. When you add in unfunded liabilities owed, like social security payments, we actually owe a stunning $74 trillion. That adds up to a debt of $242,000 for every man, woman and child in America.

Trillions more, 25% of taxpayer dollars allocated to military spending goes unaccounted for every year, not to mention the billions spent on overcharging and outright fraud. During the War on Terror, the Economic Elite have used our tax money to build a private army that has more soldiers deployed than the US military – a congressional study revealed that 69% of the “US” fighting forces deployed throughout the world in our name are in fact private mercenaries, 80% of them are foreign nationals. Private contractors regularly get paid three to five times more than our soldiers, and have been repeatedly caught overcharging and committing fraud on a massive scale. A congressional investigation revealed this and strongly recommended that we seize wasting tax dollars on these private military contractors. However, under Obama, there has actually been a drastic increase in total tax dollars spent on them.

In 2009, just over $1 trillion tax dollars were spent on the military, it’s safe to say that at least $350 billion of that was needlessly wasted.

When you research our tax system you see an unprecedented level of waste and fraud rampant throughout most expenditures. Our tax system is a national disaster of epic proportions. It is literally an organized criminal operation that continues to rob us in broad daylight, with zero accountability.

Politicians and mainstream “news” outlets will not tell you this, but most every serious economist knows that due to so much theft and debt created in the tax system, the only way to fix things, other than stopping the theft and seizing the trillions that have been stolen, will be for the government to cut important social funding and drastically raise our taxes. Other than the record national debt, many states are running record deficits and ìbarreling toward economic disaster, raising the likelihood of higher taxes, more government layoffs and deep cuts in services.î Our nation’s biggest state economies, like California and New York, are the ones in most trouble.

To merely say that things will not be improving economically is to be a delusional optimist. The truth that you will not hear: we have been hit by an economic deathblow and the United States lay in ruins.

It’s not just this criminal tax system; the theft is now built into all our costs of living.

Trillions more in our spending on food and fuel has been stolen due to fraudulent stock transactions and overcharging. Just ten years ago, in 2000, American families paid 7% of our income on food and fuel. We now pay 20%. This drastic increase is primarily driven by fraudulent market manipulation that drives up stock prices. Congress uncovered this in 2006, as part of the Enron investigation they found that companies manipulated the oil market to create major spikes in stock values, and then they didn’t do anything about it – nothing to see here, just move on.

As mentioned before, we have the most expensive health care system in the world and we are forced to pay twice as much as other countries, and the overall care we get in return ranks 37th in the world. On average, US citizens are now paying a record high 8% of their income on medical care.

Part of the reason why foreclosure rates are so high is because the percentage of income Americans pay on their housing has risen to 34%.

So for these basic necessities – taxes, food, fuel, shelter and medical bills – we have already lost 92% of our limited income. Then factor in ever-increasing interest rates on credit cards, student loans, rising prices for cable, internet, phone, bank fees, etc., etc., etcÖ. We are being robbed and gouged in all costs of living, in every aspect of our life. No wonder bankruptcies are skyrocketing and the amount of people suffering from psychological depression has reached an epidemic level.

The American worker is screwed over every step of the way, and it all starts with the explosion in the cost of a college education. This is one of the Economic Elite’s most devastating weapons. To have any chance of succeeding in this economy, it is commonly believed that you must attend the best college possible. With the rising costs involved, today’s students are graduating with record levels of debt from student loans. At the same time, the unemployment rate among recent college graduates has risen higher than the national average, and those that do find work are making significantly less than they expected to make. This combination of extreme debt and reduced pay has crippled an entire generation right from the start and has put them in a vicious cycle of spiraling debt that they will struggle with for the rest of their lives. The most recent college graduates are now known as a “lost generation.”

The American dream has turned into a nightmare. The economic system is a sophisticated prison cell; the indentured servant is now an indebted wage slave; whips and chains have evolved into debts.

“There are two ways to conquer and enslave a nation. One is by sword. The other is by debt.” — John Adams

Concealing National Wealth

“Liberty in the concrete signifies release from the impact of particular oppressive forces; emancipation from something once taken as a normal part of human life but now experienced as bondage… Today, it signifies liberation from material insecurity and from the coercions and repressions that prevent multitudes from participation in the vast cultural resources that are at hand.”– John Dewey

When you take the time to research and analyze the wealth that has gone to the economic top one percent, you begin to realize just how much we have been robbed. Trillions upon trillions of dollars that could make the lives of all hard working Americans much easier have been strategically funneled into the coffers of the Economic Elite. The denial of wealth is the key to the Economic Elite’s power. An entire generation of massive wealth creation has been strategically withheld from 99% of the US population.

The US public doesn’t have any understanding of how much wealth has been generated and concentrated into the hands of the Economic Elite over the past 40 years; there is no historical frame of reference. This withholding of wealth is truly the greatest crime against humanity in the history of civilization.

What could be done with all the money that has been hoarded by the Economic Elite is extraordinary!

Let’s consider what we could do with the money that has been stolen from us? On top of what should be our average six-figure yearly income, we could have:

* Free health care for every American,
* A free 4 bedroom home for every American family,
* 5% tax rate for 99% of Americans,
* Drastically improved public education and free college for all,
* Significantly improved public transportation and infrastructure,

The list goes on…

This is not some far-fetched fantasy. These are all things that Franklin D. Roosevelt talked about doing in the 1940’s, long before the explosion of wealth creation in our technologically advanced global economy. The money for all this is already there, stashed into the claws of the Economic Elite. The denial of wealth to the masses is the key to the Economic Elite’s power. Outside of outdated and obsolete economic models and theories — and incredibly short-sighted greed — there is no reason why all this money should be kept in the hands of a few, at the immense suffering and expense of the many.

If Americans could just understand how much wealth is being withheld from us, we would have a massive uprising and the Economic Elite would be swept away, into the history books alongside the evil despots of the past.

I realize many of you will dismiss Mr. DeGraw’s writings as socialist banter, but I will add that as far as I am concerned, the real master coup revolves around pensions and mutual funds. Many people have no clue where their pensions are being invested, who is profiting of the misfortune of others and what a racket mutual funds are charging exorbitant fees for mediocre results.

There is a financial coup going on right now across the world and while it may have started in the United States, the debt disease is spreading across the globe at the speed of light. Where and how will this all end? Can capitalism survive if wealth is increasingly being concentrated in the hands of an economic elite that shows no sense of civic and moral duty to the societies they inhabit?

Karl Marx may be dead and his theories debunked, but I have a sick feeling in my gut that down the road, his dire prediction that capitalism is destined to self-destruct will ultimately be proven right.

From Zerohedge.

Jeff2161 on February 28, 2010 at 11:21 PM

Was it just my ancient computer, or did that last comment suck up an entire half-PAGE of HotAir?

If it was just the weird thread-formatting habits of my computer, I apologize for what I will now say, and please ignore the comment.

If not just me, that was just totally obnoxious to make a post that ate 50 comments’ worth of space. Tired of scrolling down.

Again, if it’s just me, please ignore. If not, Jeff2161, please in the future paste a link for something that’ll be that long! ;-/

cane_loader on February 28, 2010 at 11:31 PM

OK, now I did read the arfticle by clicking the link. My browser if of an age where I cannot view any embedded text.

I just read that long-ass article. I do read unusually quickly and for comprehension as well. It was total crap. It totally ignored the concept of personal responsibility and work ethic, and boosted the entitlement meme.

What a load.

cane_loader on February 28, 2010 at 11:38 PM

Pelisi has more in common with the neighbors dog that craps on my lawn than America’s Best Interests.

old trooper2 on March 1, 2010 at 12:49 AM

Some of the Democrats like Pelosi are freaking out!

MCGIRV on March 1, 2010 at 1:04 AM

Nance, the only similarity between you and some of the partiers is that you are “seasoned”.

However, they have seasoned gracefully. They don’t fly their family around on jets on taxpayers’ dimes. They aren’t called “Madam”. No one genuflects to them.

Someday you’ll walk among regular folks again. Then you will know the destruction you wrought on the backs of the people you so despite and demean.

Grace_is_sufficient on March 1, 2010 at 5:31 AM

Nance, the only similarity between you and some of the partiers is that you are “seasoned”.

Grace_is_sufficient on March 1, 2010 at 5:31 AM

Pelosi isn’t seasoned as much as she has been cured- like beef jerky.

highhopes on March 1, 2010 at 6:54 AM

I’ll say one thing with a certainty…she IS smarter than the people who keep electing her.

DanaSmiles on March 1, 2010 at 7:55 AM

ARRRG I just want to throw things at the screen!!!
Somebody put a bag over that woman’s head!!!

Now Nancy,those little worms are beginning to eat their way deep into your brain, just relax and let them do their work.
You won’t feel any pain, just the bliss of all rational thoughts slipping away, slipping away…….

gordo on March 1, 2010 at 8:13 AM

Straight talk express: Ron Paul talks about last weeks’ questioning of Bernake.,

Spathi on March 1, 2010 at 1:43 AM

Did Paul question Pelosi? No…did Paul mention the similarities between tea partiers and the dems? No…did Paul have anything to do with this thread? Maybe, he may be the missing link between liberals and the do-do bird…he may prove that evolution does happen.
The missing link between utter stupidity, and a liberal who is smart enough to vote…

right2bright on March 1, 2010 at 8:23 AM

I always figured ‘ol Nancy for a teabagger. Yeah, that kind.

therealfranklin on March 1, 2010 at 8:48 AM

Speaker Pelosi is so incoherent and inarticulate that I continue to wonder who thought she could speak for U.S.. I know I did not give her my vote for anything.

The last assemblage of Tea Party members/supporters at the Capital Mall was truly representative of U.S. and shows that a larger segment of our population do not support the policies of the Speechless Speaker, the Senate, Presidential Administration or their Party.

MSGTAS on March 1, 2010 at 9:12 AM

Pelosi is a hopeless basket case . . . if the Democrats in the house continue to follow this loon then they will prove themselves to be equally insane.

rplat on March 1, 2010 at 9:17 AM

Nancy, Nancy, Nancy…..what can we say? It’s not a lie if you believe it? Who do you think you’re kidding? You’re about as believable as Obama saying he’s not an Ideologue. Save the B.S. for your staff.

olesparkie on March 1, 2010 at 9:22 AM

Unless there are massive civil demonstrations, this legislation shall pass and begin the systematic dismantling of our Republic.
It’s either massive demonstrations now, or civil war later.

Cybergeezer on March 1, 2010 at 9:59 AM

Na(n)zi Pelosi is handicapped by having only half a brain. Do the demonrats have things in common with astro-turfing teabaggers – YES. Do demonrats have something in common with Tea Party members – ABSOLUTELY NO. There is a big difference as teabaggers represent the progressives and the Tea Partiers represent the American people. Peloser is just confused as she has been since birth.

volsense on March 1, 2010 at 10:00 AM

Again, if it’s just me, please ignore. If not, Jeff2161, please in the future paste a link for something that’ll be that long! ;-/

cane_loader on February 28, 2010 at 11:31 PM

We have the ellipsis for a reason.

RadClown on March 1, 2010 at 11:18 AM

It’s a wondrous thing watching Democrats vie for who is the most incompetent and out of touch politician.

Seriously, the party of ACORN and David Axelrod decries astroturfing? The party of the unions, trial lawyers, grievance mongers, race hustlers etc is ‘concerned’ about special interests?

This axiom holds true: If a liberal is decrying something then they are either guilty of having already engaged in the same thing or are about to engage in it (or both).

gwelf on March 1, 2010 at 11:28 AM

Its like there’s this unadvertized competition between BHObama, San Fran Nan and Dingy Harry Reid to see who can come up with THE most implausible, Easily demonsterable and completely contradictory LIE they can.

44Magnum on March 1, 2010 at 11:33 AM

It would be impossible to overstate the level of utter disgust that this woman warrants.

Midas on March 1, 2010 at 11:34 AM

Jeff2161 on February 28, 2010 at 11:21 PM

FFS, just link it.

Midas on March 1, 2010 at 11:36 AM

But, you know, we share some of the views of the Tea Partiers in terms of the role of special interest in Washington, D.C., as — it just has to stop. And that’s why I’ve fought the special interest, whether it’s on energy, whether it’s on health insurance, whether it’s on pharmaceuticals and the rest.


Pelosi tried to stop the Nelson deal. She fought against Landrieu. She was crushed by Florida. And she warned Obama not to make the deal with pharma. Right

Pelosi begged Congress to to drop the Cadillac health plan provided to politicians on the backs of the workers, just as she traveled on taxpayer funded military jets as a show of solidarity

Delusions of grandeur

Tea party = tax protest
Tea-party = down with the King

entagor on March 1, 2010 at 11:42 AM

Peslosi should have said, ” hey guys we were just kidding with the teabagger jokes”

matt126 on March 1, 2010 at 12:49 PM

Definition of “Special Interests”: Groups of people formed to encourage an agenda in Washington.

They are only bad if they disagree with your agenda. NARAL and NOW are “Special Interest” groups, but I bet she doesn’t like those. SEIU is a “Special Interest” but she’d sleep with them for their support (not that they’d survive it).

The problem isn’t “Special Interests.” It’s how much money congress keeps pulling into Washington and, even more, how much they are spending! That attracts people who want their piece and fight over it, commit fraud for it and sometimes don’t even take the people their “interest” is supposed to serve into account for it.

Want to reduce the negative impacts these have “Special Interests” have on our political system, if any? Then get the money out of Washington. Cut taxes and spending and let people keep the money in their pockets. That’s what the Tea Party is about – get the power out of Washington and back into the hands of the people. The more money that’s in D.C., the more that balance will be off.

PastorJon on March 1, 2010 at 2:17 PM

I stopped reading that super long article, as close to right as it might be but using the wrong evidence, when it repeated the 50 Million without insurance lie. There are only about 14 million CITIZENS involuntarily without health insurance.

Americans are hamstrung because the government takes too much our money, borrows too much of our future money, and tries to tug and pull the economy where it wants. The latter causes bubbles and crashes, instead of natural ups and downs. They change our economic path from a relatively mild roller coaster to a wicked, dangerous one that could kill the country at any time.

PastorJon on March 1, 2010 at 2:26 PM

Considering how loony and loopy Pelosi is, what does that make the rest of the Dem representatives that voted for her as Speaker of the House?

docdave on March 1, 2010 at 4:54 PM

It was interesting on a progressive blog. I kept pointing out the agreements between what they were upset over and what the teaparty was about. As always, I was hooted at for being “stupid.”

Then, some blog postings came out about it, although they really were under the illusion that meant that there was some political intersection. There isn’t.

It was funny hearing her try it. Hey, Obama tried to sound populist. Why shouldn’t she? *hehe

AnninCA on March 1, 2010 at 4:59 PM

Considering how loony and loopy Pelosi is, what does that make the rest of the Dem representatives that voted for her as Speaker of the House?

docdave on March 1, 2010 at 4:54 PM


AnninCA on March 1, 2010 at 5:03 PM


AnninCA on March 1, 2010 at 5:03 PM

Ah, yes, the ethically challenged.

docdave on March 1, 2010 at 5:07 PM

Ah, yes, the ethically challenged.

docdave on March 1, 2010 at 5:07 PM

I have always loved CERTAIN politicians, whom other equally hated, of course. That’s how it goes.

I think they are the extreme version of extroverts.

I really do. That’s their “gift.”

It doesn’t make them particularly easy to defend regarding anything that requires a smidge of introspection.

Here’s the leveler. They are all like that.

AnninCA on March 1, 2010 at 5:39 PM

you need to understand something about midterm landslides: They’re usually composed of three parts. First, the other party’s activists are highly motivated. Second, your own activists are highly unmotivated. Third, independents want to burn Washington to the ground.

Spot on.

J_Crater on March 2, 2010 at 8:26 AM