“I’m just concerned with the direction the country is going,” said Boyd, a Fort Collins resident who owns her own housecleaning service. “I believe capitalism is the way to turn the economy around, not government bailouts.” She added: “I’m worried for my kids’ future, for my future income.” Bryan Blakely was a dissenting voice, carrying a sign as he circulated slowly through the crowd: “95 percent are paying less.” Blakely of Fort Collins said he was trying to remind TEA party attendees that most Americans will end up paying less in taxes under Obama’s budget. Blakely said he supports a return to higher taxes for the richest Americans, which he called more “progressive.” “I feel badly for a lot of these people. They feel they are being taxed more when actually they are being taxed less,” he said. Rally attendees carried signs ranging from “When taxes rise, freedom dies” to “Smaller government is better for the environment” to “I will not be a slave to the government.”
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This story in the Coloradoan about the local tea party is a great capsule of how ignorant the media is. Bryan Blakely is an economic illiterate and they have no clue how to call him on it. Nor the inclination of course.
As anyone with an economic IQ greater than that of a snail can tell you, there are three ways for the government to raise revenue: taxation, going into debt, and inflating the money supply.
You're now equipped to take a good guess at Bryan's IQ. And with just a bit of thought you will find yourself being "economical" with digits.
But be sure to go to the story and catch the video interview with Ray Harvey over to the right on the page. I highly recommend his new book "
Leave Us Alone". It's not exactly in every book that you find the pig Rahm Emanuel eviscerated with a closing quote by Ludwig von Mises. Beauteous.
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