IRS Targeted Donors To Tea Party Groups

What it says is that all that "printed" money is idle.

Yes, idle.

Money-Supply-and-Dow-Jones-Industrial-Average-Chart.jpg
 
Shrug, that's the asset class's worry.

I predict there will be another business cycle, with a downturn and a rebound. Anyone care to bet against that prediction?
 
this could all be solved very easily by fixing the tax code and eliminating not for profit tax exemptions. You all make me sick. Take away the govenments power and you take away their power to be corrupt. But oh no. You so called conservatives are hanging on to your TEA Party Tax exemption, because now it is your ox being gored. What a bunch of goddamed worthless hypocrits.
 
Yeah yeah, "it's coming".

Everyone into gold!
The coming financial implosion will be global and on a scale unseen before.....current legislation is quickly being written, here and Europe, to make all bank deposits, including safe deposit box contents, assets of the bank and available for liquidity in a case of bank insolvency, kiss the FDIC goodbye.

We, taxpayers have been put on the hook for Big Banks derivative trades, Russia/China will be breaking away from SWIFT by years end, Europe is basically bankrupt and is about to have it's bluff called not to mention a litany of other problems..... Game,set and match.

The last half of this year will be ugly.
 
this could all be solved very easily by fixing the tax code and eliminating not for profit tax exemptions. You all make me sick. Take away the govenments power and you take away their power to be corrupt. But oh no. You so called conservatives are hanging on to your TEA Party Tax exemption, because now it is your ox being gored. What a bunch of goddamed worthless hypocrits.


You totally missed the issue. The problem is the IRS targeted supporters of groups opposed to Obama. See, the IRS is supposed to be non-partisan, but in reality it is staffed by the usual liberal zealots. Now that Obama has authorized widespread lawlessness in the government, they felt free to pretend the were Richard Nizon and use the IRS to go after opponents.

You can bet if they had gone after liberal groups under a republican president, there would have been widespread firings, resignations, criminal prosecutions and probably a president forced to resign or face impeachment.
 
There, at least, is a somewhat measurable prediction.

The problem with you (and most mainstream clowns they call "Economists" now a days") is that you all focus on the when of the predictions, without concerning yourself as to the why.

We all know there will be another downturn at some point. Even grasshoppers like you agree. The debate should not be about the when. It should be about the why. When it finally does occur, people (aforementioned economists and folks like yourself) will all be pretending they understood that, all along, they saw the signs as to why this would happen. In reality, however, it'll be the folks like Santelli who - had they been listened to - could have helped prevent the next crash entirely.

Crashes aren't a normal cycle of business. They happen because something fails - OR because the laws of nature reassert themselves.

Instead of trying to avoid that and correct the system, folks like yourself just go "haha...hasn't happened yet!"

As if supporting the whole rotten structure is some sort of victory.
 
You totally missed the issue. The problem is the IRS targeted supporters of groups opposed to Obama. See, the IRS is supposed to be non-partisan, but in reality it is staffed by the usual liberal zealots. Now that Obama has authorized widespread lawlessness in the government, they felt free to pretend the were Richard Nizon and use the IRS to go after opponents.

You can bet if they had gone after liberal groups under a republican president, there would have been widespread firings, resignations, criminal prosecutions and probably a president forced to resign or face impeachment.
no, you totally missed the point. Why is the IRS powerful? Because they can pick and choose who pays taxes and who can operate tax free? Why does the TEA Party need to operate tax free? If they are making money they should pay taxes just like the rest of us.
 
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