Time for another tea party

Why are Americans passively accepting the greatest tax rip-off of all time?

In 1773 a mob of American colonists famously dumped crates of tea belonging to the British East India Company into Boston harbor. It was a direct action by citizens against the tax regime of the British government, and just one of several incidents that ultimately led to the Revolutionary War.

More than two-hundred years later Americans still notoriously abominate taxes. They hate taxes so much that they deny themselves a privilege taken for granted by every other civilized nation on earth, namely, universal healthcare.

So how can they just sit quietly by as the greatest tax rip-off of all time is inflicted on them?

The $700,000,000,000 bailout package approved by the senate yesterday will place a tax burden of several thousand dollars on every man, woman, and child in the U.S. and that’s on top of the huge debt they already bear. It is a burden that exceeds by an order of magnitude the burden that the British tried to place on the American colonists after the Seven Year’s War. More significantly, it is the result not of justifiable expenditure, but of corruption at the highest levels.

Yet all is quiet. No protests in the streets, no angry mobs, no latter-day Boston Tea Partiers tarring and feathering the crooked politicians and bankers who made it all possible.

Exactly what do you have to do to people in the twenty-first century to provoke direct action?

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120 comments on the article “Time for another tea party”

Displaying 11 - 20 of 120

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John

Are you kidding. This will not help the U.S. economy. It will help corporate America. Bush will go down as the worst president in our history.

John

Are you kidding. This will not help the U.S. economy. It will help corporate America. Bush will go down as the worst president in our history.

Anonymous

To say that all is quiet and there are no protests in the streets is inaccurate. As Adbusters should know, the American, and apparently Canadian corporate media are not covering protest. We do what we can and try to stay out of the system: 7.2 million of us are in jail or on probation. We are divided, as are many other nation states, across gender, race, class lines. Unity will bring freedom.

http://www.buymyshitpile.com/

http://www.alternet.org/story/100230/citizens_dumping_personal_junk_on_wall_street_to_protest_bailout_/

Protests http://www.youtube.com/watch?v=XreAnHG8xu4

Anonymous

To say that all is quiet and there are no protests in the streets is inaccurate. As Adbusters should know, the American, and apparently Canadian corporate media are not covering protest. We do what we can and try to stay out of the system: 7.2 million of us are in jail or on probation. We are divided, as are many other nation states, across gender, race, class lines. Unity will bring freedom.

http://www.buymyshitpile.com/

http://www.alternet.org/story/100230/citizens_dumping_personal_junk_on_wall_street_to_protest_bailout_/

Protests http://www.youtube.com/watch?v=XreAnHG8xu4

Anonymous

is everyone forgetting who agreed to take these loans (that are faltering and fueling this crisis) in the first place? people living way outside their means Americans of every spectrum and who is to suffer if the crisis isn't solved. all Americans will suffer all those beloved public employees will see their pensions shrivel and legitimate home buyers will be blocked out from borrowing. quit blaming only wall st. and washington you must also add main st. we are the ones who agreed to buy their drug in the first place.

Anonymous

is everyone forgetting who agreed to take these loans (that are faltering and fueling this crisis) in the first place? people living way outside their means Americans of every spectrum and who is to suffer if the crisis isn't solved. all Americans will suffer all those beloved public employees will see their pensions shrivel and legitimate home buyers will be blocked out from borrowing. quit blaming only wall st. and washington you must also add main st. we are the ones who agreed to buy their drug in the first place.

Andy

Who do you think peddled those loans and made them available? The banks did retard. You used to not be able to get a loan unless you had enough money for a down payment and good credit. Then all of a sudden, banks for practically pushing adjustable rate mortgages, for no money down, no credit/bad credit. Please, tell me, what person wouldn't take advantage of a situation where they could own a home. The only fault of Main Street was being gullible/naieve and believing the banks had their interest at heart.

The problem we're experiencing today is not due to people defaulting on their loans. It's due to our banking system. Fractional-reserve banking. Look it up. On top of this system of banking, the banks took crappy loans and packaged them as AAA rated investments, which compounded the problem.

Should some of these people have had homes? Absolutely not. But you can't blame them for trying. Especially when the banks wrapped the turd in such pretty packaging.

Get your facts straight. Do some research. The banks and wall street are 100% to blame. And Congress is just as guilty for allowing it to go on and promoting deregulation. Why would they do such a thing? Because the bankers and wall street have the money and it takes money to get elected. Nearly every Govt representative is a whore.

Andy

Who do you think peddled those loans and made them available? The banks did retard. You used to not be able to get a loan unless you had enough money for a down payment and good credit. Then all of a sudden, banks for practically pushing adjustable rate mortgages, for no money down, no credit/bad credit. Please, tell me, what person wouldn't take advantage of a situation where they could own a home. The only fault of Main Street was being gullible/naieve and believing the banks had their interest at heart.

The problem we're experiencing today is not due to people defaulting on their loans. It's due to our banking system. Fractional-reserve banking. Look it up. On top of this system of banking, the banks took crappy loans and packaged them as AAA rated investments, which compounded the problem.

Should some of these people have had homes? Absolutely not. But you can't blame them for trying. Especially when the banks wrapped the turd in such pretty packaging.

Get your facts straight. Do some research. The banks and wall street are 100% to blame. And Congress is just as guilty for allowing it to go on and promoting deregulation. Why would they do such a thing? Because the bankers and wall street have the money and it takes money to get elected. Nearly every Govt representative is a whore.

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