Free Markets, Free People

The Shape Of Things To Come?

We touched on the fact that there are some tax protests popping up around the country in  last night’s podcast.

William Jacobson says:

The beginning of a protest movement against Barack Obama’s redistributive policies is underway. Though still small, every movement starts somewhere. While called the “Tea Party” after the Boston Tea Party, this movement is similar to movements throughout history where the producers of society refuse to have their property and income confiscated.

We all agreed that at this particular moment the movement is mostly a creature of the right-wing. That’s not to say it will stay that way, but certainly it is partly outrage over the so-called stimulus bill and partly an opportunity to engage in a little payback for the last 8 years of the left’s shenanigans.

Will it gain supporters? Will it gain power? I frankly don’t know at this point. But as Debra Saunders points out, if you think it is bad here, in terms of the financial crisis, you ought to be in Europe.

And what is going on in Europe?  Well if the UK is any indication, things may be heating up rather quickly there:

Police are preparing for a “summer of rage” as victims of the economic downturn take to the streets to demonstrate against financial institutions, the Guardian has learned.

Britain’s most senior police officer with responsibility for public order raised the spectre of a return of the riots of the 1980s, with people who have lost their jobs, homes or savings becoming “footsoldiers” in a wave of potentially violent mass protests.

Interestingly the Brits would be late-comers to the European protest movement:

In recent weeks Greek farmers have blocked roads over falling agricultural prices, a million workers in France joined demonstrations to demand greater protection for jobs and wages and Icelandic demonstrators have clashed with police in Reykjavik.

So, will the burgeoning tax-protest movement here take hold and grow?

If Europe is any indication (you know, the Europe that was supposed to be so much better off than we are according to some?), yes, it might. In fact, if, as promised, the situation here gets worse and worse, I think we can pretty much count on it.

Will it have an effect? Well that’s an excellent question.

I’ll ask one in return.

Have you seen the deficit?

Someone is going to have to pay for all of that.


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10 Responses to The Shape Of Things To Come?

  • ‘Someone’ is: he’s already saying he’s going to raise the taxes of ‘the wealthiest Americans’

  • I am hoping these small protests turn into a real movement.  I think we may be hearing the phrase “who is John Galt” a lot in the coming months.

  • It’s hard to take to the streets if you work for a living.  So I imagine we’d have to see a significant uptick in unemployment before we see demonstrations to rival the ANSWER-style nonsense of the past eight.

    I can’t help but think that right-wing protests would take a different form.  The lefties were attempting to recreate the anti-war and civil rights protests of the 1960s.  I just can’t see the Rush Limbaugh set putting on clown wigs and chanting anti-Palestine slogans.  (Are there anti-Palestine slogans?)  So who knows how a right-wing protest movement would take shape.

  • As I’ve suggested before, Im of the thinking it will, in fact grow.  Don Surber asks this morning what excuse the Dems will use when this bailout doesn’t work any better toward the stated goal, than did the last two.  The facts are that it won’t work better, and the reax to that are going to be a massive growth of anger…and that will result in at least a rebellion at the polls, and likely far more.

  • When Obama was elected, the DOW was 9625.28, when inaugurated it opened at 8279.63 closed at 7949.09.
    As I write this it is 7216.  So it’s down 2409 since election day, down 1063 since opening Jan 20th, down 733 since closing Jan 20th.

    When those next 401(k) account statements go out in April showing the difference of roughly -1500 from a DOW 8772.25 (1-Jan- 2009) on those January statements, the Rick Santelli rant will look mild.

    The lead that McCain took from the convention (4-Sept-2008 DOW 11,188) was undermined by TARP, but it was destroyed by the 401(k) statements (DOW 10,850 1-Oct-2008) that showed up in October.

    Come April, I expect to see the Obama number go down the toilet.


    I just can’t see the Rush Limbaugh set putting on clown wigs and chanting anti-Palestine slogans.  (Are there anti-Palestine slogans?)  So who knows how a right-wing protest movement would take shape.

    Should we take the government’s sudden interest in gun control as an indication, do you supopse?

  • I’ve always favored a Constitutional amendment to allow wage earner to keep a minimum of 50% of what they make.

    This means that all governments .. local, county, state, federal and global governments would have to fight over the same 50% (tops).
    After you pay 50%, you would have a Constitutional Right to keep them to F.. off.

    • Well, if you ask American citizens what they think the highest rate anyone should pay in taxes to all levels of government, the typical answer is 25%. It’s in the low twenties for conservatives, but it doesn’t exceed 30% even for Democrats according to the last numbers I saw.

      This did remind me of something I wrote a while back for, entitled “They’re taking half our money – that’s enough.” ( I think it’s dropped off the intertubes, because I can’t find it.)

  • Another thing that will make any possible conservative protests different than the freakshows the left puts on is that conservatives tend to have considerable respect for the police and military (possibly excluding the BATF!).  We just aren’t into assaulting police officers in the name of expressing our “free speech rights”.  I hope – dearly hope – it stays that way.