Friday, July 03, 2009

White & Cobern on the Cheshire Tea Parties

Cheshire's weekly Monday Tea Party has updated its website (see here).

I hadn't see the MRJ article that's featured on their webpage, but you can read it. Both I and Marty "I hate Te_b_ggers" Cobern are quoted. I don't have the rest of the article, but Marty's comments don't make sense to me.

The article notes that he doesn't understand why people are protesting, even though most won't experience higher tax rates.

Huh?

Well, sure. If you think Bush's fiscal policy of borrow'n'spend works. But I don't accept that notion. I believe Ben Bernanke will monetize the debt by printing more money... devaluing the dollar and paying off our debts with "cheap" money.

But that means we'll see inflation in the price of consumer goods. And therein lies Marty's omission... the hidden tax - the inflation tax. For instance, a 16oz soda cost me $1.33 at work last week. This week it costs $1.60. That's the work of the inflation tax.

And btw, I'm not the only person in the world who sees this problem coming. There's a few people in China who seem to be thinking along the same lines.

The fiscal policy of the Bush years - and now the Obama months - is insanity. We can't afford this stuff. America is insolvent. The only reason we're not yet officially bankrupt is because we're still in Stage 1.

Tim White

6 comments:

Anonymous said...

Marty not making sense? C'mon Tim, that's the norm, not the exception.

If Marty lived in NYC in the 90's, he'd wonder why people were so concerned about crime, since most people didn't get raped or murdered.

Anonymous said...

Cobern is full of opinion and short of understanding; wow he may just be our next mayor.

Anonymous said...

Tim, Thanks for passing the word. There is talk of these spreading to other towns. Printing money isn't the answer. John @ CheshireTea

Anonymous said...

Cobern is an ignorant and vulgar little man.

Anonymous said...

Besides being an arrogant big blowhard, Marty is the Oracle of of Stupidity.

Anonymous said...

Marty Cobern is the new mouthpiece for the local democrat party. I hope they're happy...he's so lovable. He's had three editorials in the Cheshire Herald this year. Two applauding democrat virtues on how they spend better than R's and one applauding Elizabeth Esty's moral fiber on the the death penalty (for criminals)...he didn't mention her moral stance on abortion.

Go Marty...keep on telling like it won't be for much longer.