The Nation: Tories among the Teabaggers

[amborin]

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"...Instead of embracing exponents of change, the teabaggers invited asked a number of Republican members of Congress who have supported bank bailouts and other no-strings-attached giveaways to Wall Street speculators, free trade policies that empower contemporary variations on the British East India Company and schemes to gamble Social Security on the stock market.

Among speakers scheduled to titillate teabagger rallies are Florida Congressman Ander Crenshaw (appearing in Jacksonville), Arizona Congressman John Shadegg (appearing in Phoenix), North Carolina Congresswoman Susan Myrick (appearing in Charlotte) and Wisconsin Congressman Paul Ryan (appearing in Madison).

All cast the Tory vote for the Emergency Economic Stabilization Act of 2008, which gave hundreds of billions of dollars to banks and speculators.

No doubt, Ryan's the worst hypocrite in the bunch.

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Technically, Ryan represents Janesville, Wisconsin, but his real designation ought to be: Paul Ryan, R-Wall Street.

Janesville is, or at least was, a manufacturing town. Yet, Ryan has since his election to the House in 1998 consistently voted for free-trade pacts – including the extension of most-favored nation trading status to China – that have been devastating to the community and others in his southeastern Wisconsin district. How devastating, last winter, the sprawling General Motor plant that had been the community's top employer for nine decades, was shuttered.

What was Ryan doing in the months before the plant closed? Campaigning for a scheme to gamble Social Security funds on the stock market and gut Medicare and Medicaid.

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His whole career has been about redistributing wealth upward, rewriting trade rules to favor multinational corporations, robbing the federal treasury to enrich his banking industry benefactors and running up debts to bail out Wall Street."

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<http://www.thenation.com/blogs/thebeat/427206/?rel=hp_picks>

[leftstreet]

1. Interesting article

Worth a read