Tickerguy on Russia Today: The Tea Party
The Market Ticker ® - Commentary on The Capital Markets
Posted 2010-10-22 10:21
by Karl Denninger
in Interviews
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Tickerguy on Russia Today: The Tea Party
 
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User Info Tickerguy on Russia Today: The Tea Party in forum [Market-Ticker]
Karlmarxghost
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Good interview. The way you answered the questions struck a nice balance with pointing out the flaws of our system, while on the other hand not going overboard. "This is how our system works, we bring ideas to the forefront and who ever the people wants representing these ideas they elect" of course I am paraphrasing.

Im also glad you pointed out how the two parties use wedge issues to keep the masses divided.

Im weary of the RT and i think you understand what you say is being used as propaganda for "the other team". This is why Im glad you struck a nice balance...

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My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
Genesis
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The entire MSM is a propaganda device. I've known that since forever, and that this media is Russian doesn't change a thing.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Fatso
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Mars Hotel
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...but that lady interviewer was kinda hot.
Ads215
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Great stuff, Karl. I'm thrilled you're getting more exposure to talk about the real issues.

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Every man is guilty of all the good he didn't do - Voltaire
Oldman47
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Great interview Karl. Wish it could go viral. One of our problems in the world today is "the truth hurts" therefore no one wants to hear the truth.
Do not vote for any incumbent...
Inline

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Throw the bums out. All 535 of them.
Bertdilbert
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I guess the trick is how to get "stop the looting and start prosecuting" to come with government candy attached.

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Dear Euroland: Relax, Germany has a plan for your money!

Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro.
Gordongordon
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I think it would come as a great surprise to the millions of Gadsden flag waving individuals who've turned out at Tea Party rallies across the country if they were to find out that their leader is someone named Karl Denninger. Karl's repeated claims of ownership of the impetus and charter of the Tea Party phenomenon is not only unbecoming, but foolish.

The first American Tea Party was in Boston in 1773, of course, so it is hardly a novel idea at this point. It is an event that belongs to us all as Americans, and the symbolism of it has always been more important than the detailed list of grievances against the king that precipitated it. For Karl to insist that the Tea Party movement focus on this or that issue is a hubristic hijacking of the spirit of the original event.

I don't disagree with Karl about the fact that fraud and corruption need to be exposed, and neither do the Tea Partiers or the people they vigorously support in the upcoming elections. But Karl is intent on maligning the Tea Partiers because some among them happen to be politicians who hold or have held office, as if we should exclude such people categorically. But what sticks in Karl's craw even more is the fact that the Tea Partiers did not immediately abandon their strategy and focus of their message three weeks or so prior to an election that they've taken by storm and stand poised to dominate, in favor of going on the stump crusading for the people to immerse themselves in a complex subject known as "forclosuregate" and insistence on throwing the bankers and sitting politicians in jail.

Far be it from me to question Karl's judgment on the financial markets or technology, but when it comes to politics, he's a disaster. Karl is being played like a violin. He is being used by people who use people for a living, day in and day out. MSNBC is not a media outlet which supports the Tea Party movement or anything Tea Partiers stand for. It is the goal of the people behind the scenes at MSNBC to help leftists win elections. There is nothing that MSNBC will air that will go against that goal. Karl's appearance there in which the topic was the Tea Party should strike most as odd, considering that Karl is not an active leader of the Tea Party phenomenon, nor is his name usually associated with it. But the MSNBC people did their homework and found out about Karl's tenuous connections the modern Tea Party movement, and led him down the garden path. For if even Karl Denninger, the putative and self-proclaimed reviver of the Tea Party as an American institution, has nothing good to say about them, why should the cynical fence sitter who was once leaning toward turning out to vote in favor of Tea Party-endorsed candidates do anything now but sit home on election day?

And now Karl can be seen on RT. This is fitting, of course, considering that the Russian government, which owns RT as well as every single major media outlet in Russia and which is the most masterfully manipulative force on the face of the earth, is dedicated to seeing the candidates it backs in the U.S. election maintain power (and they aren't Tea party candidates). Again, Karl is being played. The location of the people pulling his strings this time is half a world away, but their reach is global, and, if you want to know a secret, all-pervasive. You didn't really think that MSNBC got the idea on its own to trot Karl out to damage the Tea Party, did you?

Karl's complaint about the Tea Party is a claim that it has been co-opted by nefarious people apparently intent on covering up scandals and corruption. He also takes issue with the fact that not only is the Tea Party not focusing in like a laser beam on his specific crusade, but Tea Partiers actually have the audacity to include in their "platform," (for lack of a better word) moral components. Apparently the issues of "God, guns, and gays," which Karl uses as a slogan to deride the Tea Party, are settled issues and not worthy of a national political movement. Or, could it be that Karl, having publicly stated that he voted for Obama, in this way grasps at straws to justify his vote. It is perhaps an issue for psychology.

I had been hopeful that after Karl read the comments made after his MSNBC Tea Party appearance he would at least have realized that at the very least it was an issue he should retreat from while he rethinks it. But the RT interview indicates that he's dug in his heels on this one, and the most vile enemies of Karl and mankind itself, having encouraged him so much, are laughing with delight. For every Karl they co-opt, they know that the victory of the only candidates capable of exposing them as the criminals they are gets less certain.

HL Shancken





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Reason: Spam removed
Genesis
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Goodbye.

This sort of horse**** is EXACTLY why I won't work with you, or those who want to drive things this way.

You're TOAST.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?

Mortgageguymn
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Banning gordongordon seems pretty NPR-ish to me. I suppose I'll get banned, too.
Augmentedfourth
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Gordongordon,
::yawn::
You're hopelessly stuck in the old paradigm and obviously don't GET IT. Have fun playing their games...
smiley
Gayveteran
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Posting while on my lunch break, just wanted to say that I really enjoy this website (even though I'm probably to the left of 99% of the people who comment here).

Let me say that from the Left that I fully support "stop the looting and start prosecuting".

This country is in horrible condition, and things are going to get worse with the tidal wage of campaign spending coming from corporations and billionaires. Our Republic was established with "checks and balances". Just what are the checks and balances now on corporations? Try electing someone new to a corporate board, there were more open elections in the old Soviet Union.

As far as Guns, Gays & God:

Guns - gun control laws? Meh. I'd support an automatic jail term for anyone using a gun in the commission of a crime (and that jail term must be served).

Gays - a lot of people have a problem understanding "the right to life, liberty and the pursuit of happiness"

God - why does religion need the power of the State to support it? Interesting that some people think that the Bill of Rights shouldn't apply to the states. Why should the states have tyranical powers denied to the federal government? Should a state be able to promote or damage a particular religion? Should a state be able to close down a newspaper or arrest a peaceful protester?
Snowman
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good call Karl, "HL Shancken" is a tin hat loonie from outside the bell curve.
Jstanley01
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Honest, I think these people LIKE being ass raped.

EDIT: Here's a message to you on behalf of my grandkids, Gordongordon:

smiley

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You can't cheat an honest man. ~P.T. Barnum

Genesis
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Gordon had two links to utter and complete "The left is trying to take over the world and we're all gonna die" lines of crap.

This is neither Glenn Beck's site nor is it Arianna Huffington's. You're welcome to run that crap in either of those two places (pick one for the side you're taking.) You run it here, you're done.

I argue and have since I started The Ticker that one of the reasons we make no progress is this sort of ****. I WILL NOT give it display space here.

Those who come here to run that meme, from either side, WILL depart - without exception.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Patm15
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Just thought I would chime in - barely do any more.
But if you want to keep the party in power that passed health care - is continuing to spend like a drunken sailor - just do what you are doing. Way to go - whatever.

Then don't complain anymore - because you were part of the change that wasn't, isn't and will never be - because you deluded yourself into thinking you are the originator of something you weren't. Sending in tea bags is a totally different thing than people twittering, organizing into groups ( many different groups ) and the first one to utter tea parties probably did it as an insult, and the label stuck.

Sorry, don't agree with you.


Genesis
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Quote:
But if you want to keep the party in power that passed health care - is continuing to spend like a drunken sailor - just do what you are doing. Way to go - whatever.

Ok, that party ****ed me in the ass.

I didn't feel it.

Why not? Because Bush, Rove, and Paulson had just finished pulling a train on me with Arabian Stallions and had destroyed the economic and banking systems of the United States, and kept all the ****ing money.

Did I get change? No.

But now you're asking me to put the people who dilated my ******* in the first place back in power.

Not until and unless they apologize and throw EVERY ONE of the douchenozzles that caused it under the bus, and that ESPECIALLY includes Sarah Palin, who, I remind you, was ON THE TICKET OF THE MAN WHO GUARANTEED PASSAGE OF TARP BY TURNING IT INTO A ****ING CAMPAIGN EVENT.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?

Rutben
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"the only candidates capable of exposing them as the criminals".....Karl has only asked you to back that up. Time to man up. We don't believe in ESP. "Stop the looting and start prosecuting".....make that the keynote of your platform and tell us how you plan on doing it.
Dysmas
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The Tea Party movement in my area is very loosely affiliated. They may share a few emails and sometimes coordinate on a few gatherings, but that is rare. There is some participation by religious folks, but that too varies from group to group. But one thing that is common to all of them is a total disgust with Obama and the far left who have taken over the Democratic Party. Another commonality is lack of respect for the Republican Party national leadership. In fact the goal is to infiltrate the Local Republican Party and repopulate it with conservatives who respect the rule of law and the constitution. The tea party is more like a peaceful guerilla movement.....so there is no way the National Republican Party can take over anything.

When push comes to shove in November, most seem to indicate they will chose the lesser of two evils and vote Republican because they know it is important to stop Obama. Meanwhile, even after the election, the groups will continue to change the Republican Party from the bottom up.

The Obama nation will use anyone and anything to discredit their opposition. They want to drive us apart. They want to say that the Tea Party movement is just a faction of the Republican party.

The truth is, the Tea Party movement must use the Republican party to stop Obama. If the vote is split by driving a wedge between the Tea Party and the Republican party.......Obama wins.

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Inside at last

Direstraits
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The TEA Party is not perfect, but Angle/Paul/Toomey are far better than their opponents.

Just because something isn't perfect does not mean you should entirely dismiss it.

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Starving the Freeloaders
Patm15
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Okay
I'll buy that
But for now we at least can't have a complete majority of one party in house/senate (congress) and in the presidency.

It's a start to get a balance - and keep rotating them in and out until we get the people in we want, and hopefully some day term limits.

Takes time, and I'm willing to work for it starting today.

Jstanley01
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I hope you're right about the Tea Party, Dysmas.

The dicey part is whether they, and the American electorate in general, will wake up too late to save the republic.

In the end, a bitch-slapping from Denninger -- which they are IGNORING and RATIONALIZING -- may turn out to have been the Tea Party's last opportunity to get its stupid act together.

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You can't cheat an honest man. ~P.T. Barnum

Gloomboomdoom
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The problems is the stock market continues to rally hard, GDP is still positive, jobs are coming back (although slow), and interest rates continue to remain at historic lows.

What happens if the Tea Party came in and the market started to fall off the highs? I am starting to think Obama might be reelected in 2012. From what I read here, it seems no one thinks this market has a chance.

Other than Ron Paul, the Tea Party thinks 'the worst is behind'. Things are simply not bad enough.

We will simply have to wait and see what happens if we "Double-Dip" to see how the GOP reacts.

Now we have to focus on 2012. Other than Ron Paul who I believe is purposely trying to collapse the dollar because he sees no other way to 'take our country back')
, no other presidential GOP hopeful has any idea or concern over the long-term macro economy for the US.

Reason: technical
Mangoelvis
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I agree we need to stay on topic here. If that means criticizing conservative candidates, so be it. I prefer logical consistency over ideology...although it may not be how races are won.

It's us against the bankers. That's it.

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If Wonder Woman's lasso worked so well, how come no villains ever admitted to being distracted by her***** once they were roped in?
Wis/min
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A reminder of who just who voted for TARP

Quote:
TARP was enacted by Public Law 110-343, or H.R. 1424.

In the House, H.R. 1424 passed with the following breakdown of votes:
Democratic 172 Yea; 63 Nay
Republican 91 Yea; 108 Nay
Total - 263 Yea; 171 Nay

In the Senate, H.R. 1424 passed with the following breakdown of votes:
Democratic 41 Yea; 10 Nay
Republican 33 Yea; 15 Nay
Total - 74 Yea; 25 Nay (Sen. Kennedy was in the hospital and did not vote.


We are all*****ed and there is a lot of blame to go around and I agree that apologies are certainly in order.

I won't be holding my breath.

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