As a long-time bond bull, my gratitude to the know-nothings in the Tea Party is profound.
So what if they played a major role in taking a thousand points off the stock market in the wake of the U.S. debt downgrade?
My bonds have rallied !!
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How stupid and reckless is the Tea Party? In addition to shrugging off a default threat – or perhaps welcoming one – they believe austerity is the correct medicine for a weak economy!! Where did they study economics, in a cornfield outhouse??
It defies belief that Tea Party members actually think spending cuts will create jobs. No – spending cuts will eliminate jobs. The Know-Nothings don’t understand that, but hey — it’s good for my bonds !! [em in orig]
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Always knew somebody would make money off it. I always wonder if the average Teabagger even understands what they've enabled to be done to this country. I wonder if any of them get how they've been duped and used as willing idiots to make the "elites" - who they say they despise so much - richer. I wonder if these self-proclaimed "patriots" (you'll see them at the link) realize what treasonous bastards they've become.
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