Establishment

Tyler Stearns's picture

Spend, Spend, Spend!

CNN reported on March 24 that a clear majority of citizens are going to use their tax rebates to pay off debt or put in savings. The so-called economic stimulus bill will give $170 billion back to taxpayers, or about $600 per individual and $1,200 per married couple. The professed purpose of this scheme is to help the faltering U.S. economy come out of recession. But economist Jared Bernstein is concerned about this news from CNN: “While [saving the rebate] is a valiant thing to do, what you want them to do is spen

Tyler Stearns's picture

$6 Million in 24 Hours

I thought November 5th was big, but December 16th, the 234th anniversary of the Boston Tea Party, takes the prize.

You can find the figures at Ron Paul Graphs and the analysis at their Blog.

Apparently the biggest fundraising day in campaign history (regardless of party or source) was by John Kerry in 2004; he took in about $5.7 million in 24 hours. Ron Paul just made over $6 million with almost 60,000 donors.

What will the establishment make of it? Probably not much. After all, what would they do without more war and more taxes?

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