Posts Tagged ‘teaparty’
Stock market tumbles again and it is not the Fault of Bush or the Teaparty, It’s the economy _ _ _ _ _ _
The United States isn't defaulting, but the stock market is tumbling anyway. The Dow Jones industrial average slumped more than 265 points Tuesday as mounting concerns about the fragility of the U.S. economy weighed heavily on Wall Street. It was the Dow's eighth straight daily loss, its worst string since the depths of the global financial crisis in 2008. Though relieved at Washington's ability to forge an eleventh-hour debt-ceiling plan that averted a feared default, investors are spooked by the notion that the government cutbacks called for in the debt plan could further weaken an already torpid economy. “Investors are looking past the budget situation and realizing this is an austerity plan," said Jack Ablin, chief investment officer of Harris Private Bank in [...]
2010: The Year of the Tea Party
2010 was the year of the Tea Party. The grassroots conservative political movement made its clout felt the entire year, from the healthcare reform debate to GOP primaries and the general election last month. Senior Democrats, ranging from Democratic National Committee Chairman Tim Kaine to Democratic Congressional Campaign Committee Chairman Chris Van Hollen (Md.), aggressively attacked the Tea Party in the lead-up to the midterms, hoping that doing so would soften losses to the GOP. House Minority Leader John Boehner (Ohio) and other Republicans embraced the movement, believing its energy would benefit their party at the polls. In the end, the Tea Party was in many ways a net asset for the GOP as Republicans grabbed control of the House and cut into the [...]
CNN on Bandwagon: To host Tea Party presidential primary debate
CNN is teaming up with the Tea Party Express for a first-of-its-kind presidential primary debate, both organizations announced Friday. The Tea Party debate, featuring 2012 Republican presidential candidates, is scheduled for Labor Day week 2011. It will take place in Tampa, Florida – the site of the 2012 Republican National Convention. Since the spring of 2009, the Tea Party movement has been increasingly vocal in advocating for less government spending, lower taxes and shrinking the deficit. The Tea Party debate will place specific emphasis on those issues. Tea Party Express Chairman Amy Kremer talked to CNN about what activists hope to hear from Republican presidential candidates. "We want to hear what their ideas are – what their thoughts are – on turning this [...]
Great candidate choice Tea Party! Christine O'Donnell would vote for Hillary Clinton in 2012
On ABC's "Good Morning America" on Tuesday, Christine O'Donnell threw her support to an unexpected - and seemingly uninterested - potential 2012 presidential candidate: Hillary Clinton. "I would love to see her take out Obama in the primary," O'Donnell said. "You know, I would even be tempted to change my registration so that I could vote for her in the Democratic primary." The former Delaware Senate candidate emphasized that her hopes for a Clinton 2012 candidacy were derived not from the belief that the secretary of state would be easier for Republicans to beat than President Obama, but because she would make the better candidate. "Right now I think that anybody is better than Obama," she said. "It was a bittersweet moment when he got elected, because it was a real mark [...]
Tea party no More Christine O’Donnell, Sharron Angle Types
No more Christine O’Donnell’s or Sharron Angle’s. That is the implicit goal of a million-dollar program intended to build a farm team of tea party candidates that was announced Tuesday morning by a pair of linked non-profit groups called American Majority and American Majority Action. The tea party movement was hampered “by candidates who in the last election were not perceived as credible,” said Ned Ryun, who runs the groups along with his twin brother Drew. So they are investing a “seven-figure” sum – which the Ryuns declined to enumerate precisely – in a program called the New Leader Project, which will work with local tea party groups around the country to recruit and train candidates and campaign managers for local and state offices, who could [...]