TEA PARTY February 1st?
The Market Ticker - Commentary on The Capital Markets
2009-01-20 08:06 by Karl Denninger , 36 references Ignore this thread
TEA PARTY February 1st?*
 

So long as we have an inauguration drawing this sort of crowd and not a protest about our government blowing $700 billion of our dollars so that The Pigmen of Wall Street can continue to rob our nation blind, then saddle us with the bill when their bets go bad, we will see no solution.

I cannot take credit for the idea floated on the forum, but I do like it.

It is time for We The People to send a strong message to Washington DC - no more. No more loading our children and grandchildren with debt. No more bailing out speculators and bankers who made bets they knew were unsafe at the time. No more bailing out people who came to Congress to demand the removal of leverage limits, got what they asked for, then blew themselves up with the very leverage they demanded to be able to use.

No more.

Therefore, on February 1st, which is more than enough time for Barack Obama to be seated in his chair in the West Wing, I am recommending an act of peaceful, lawful and yetunmistakableprotest.

That is, to mail President Obama one teabag. Nothing dangerous, nothing illegal - just one teabag.

Send one to your Congressman and one to each Senator.

Later, when the weather is a bit warmer and fountains are running water (rather than frozen!) this sort of protest can be repeated with LOOSE tea in select cities.

But for now, let's start with the symbolism, to be repeated each and every time our government votes or intends to do something similarly stupid - which I presume will include Obama's "stimulus" package.

If we all mail our teabags on February 1st, it will send a strong message to Washington. Include a copy of this Ticker, another Ticker related to the many bailouts (pick one!) or write your own letter condemning the fraud and abuse in our banking and financial system - with the teabag being your symbolic refusal to quietly pay for it.

Pass it around the blogs and email lists - its a bag of tea folks, and the obvious parallel to the Boston Tea Party of old should be instantly obvious to everyone who receives it.

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