The Only Tea Party Stat You Need to KnowThat anybody could have anything but the lowest of low opinion of the guy who created a $11 trillion hole in the world's economy is beyond me. This is the guy who fiddled while New Orleans sank below Katrina's waves. This is the guy who started a "war of choice, not necessity" in Iraq. This is the guy who tore up the Geneva Convention and turned the US into a torturer. This is the guy who stole an election by getting his right wing buddies on the Supreme Court to stop the recount in Florida in 2000. This is the business genius who ran his company, Arbusto, into the ground. This is the guy who used insider information to sell out his corporate holdings just before Harken Energy went bankrupt and the guy who used insider connections to become a "managing general partner" of the Texas Ranger baseball club. This guy was a slimeball. He was the most corrupt President the US ever had. He was the most incompetent President the US ever had. He was the most blinded ideologue the US ever had.
by Barry Ritholtz
There is a huge CBS/NYT poll and article (Poll Finds Tea Party Backers Wealthier and More Educated) about the tea party members.
I was not surprised to read they skew older, white, Republican, better educated and higher income than the average American. I was surprised to read they favor Social Security and Medicare.
Towards the end of the article, I read a shocking data point. In the orgy of coverage of this poll and article generated, no one seemed to mention this:The percentage holding a favorable opinion of former President George W. Bush = 57%A substantial majority of Tea Party members hold a favorable opinion of the man that history will very likely deem the worst president in American History (Presidential Historians disagree as to whether he is in the bottom 3 or 5 as of today).
Its all you need to know about the Tea Party.
Thursday, April 15, 2010
The Tea Party Distilled Down to the Dregs
Here is a posting by one of my favourite business bloggers, Barry Ritholtz: