Government Aggravated Tragedy

Coming Events

"Tea Party of Louisiana Member Meeting”

MONDAY February 27, 2012, 6:30PM-7:30PM

At TJ Ribs Restaurant (Private Banquet Room)

(2324 S Acadian Thrwy – Right off I-10 Exit)

The Tea Party of Louisiana will host a Q & A

“Member Meeting” with YOU as featured guest speakers

Time for You to Voice Your Opinions on changes you want

We want to hear from you on matters you find important at

the local, state or national level to add to our 2012 agenda.

The Tea Party of Louisiana Board would like

to thank all of our members for supporting TPoL on

positions we taken, on matters we felt were important to

our State & Country’s future.

Seating is limited, so please confirm your attendance with

reply at events@teapartyoflouisiana.net

Come Out and Be a Part of Helping Return

Our Government to Our Constitution!!!

A Must Read click on following linkHey Barack, Resign Now, and Now Means Yesterday

After two years of Obama...here's your

CHANGE!!!

Of course, the clueless media won't announce facts

like these because it makes their 'messiah' look like

the fake he actually is!! eb

	January 2009	TODAY	% chg	^Source
Avg. retail price/gallon gas in U.S.	$1.83	$3.104	69.6%	¹
Crude oil, European Brent (barrel)	$43.48	$99.02	127.7%	²
Crude oil, West TX Inter. (barrel)	$38.74	$91.38	135.9%	²
Gold: London (per troy oz.)	$853.25	$1,369.50	60.5%	²
Corn, No.2 yellow, Central IL	$3.56	$6.33	78.1%	²
Soybeans, No. 1 yellow, IL	$9.66	$13.75	42.3%	²
Sugar, cane, raw, world, lb. fob	$13.37	$35.39	164.7%	²
Unemployment rate, non-farm, overall	7.6%	9.4%	23.7%	³
Unemployment rate, blacks	12.6%	15.8%	25.4%	³
Number of unemployed	11,616,000	14,485,000	24.7%	³
Number of fed. employees, ex. military (curr = 12/10 prelim)	2,779,000	2,840,000	2.2%	³
Real median household income (2008 v 2009)	$50,112	$49,777	-0.7%	⁴
Number of food stamp recipients (curr = 10/10)	31,983,716	43,200,878	35.1%	⁵
Number of unemployment benefit recipients (curr = 12/10)	7,526,598	9,193,838	22.2%	⁶
Number of long-term unemployed	2,600,000	6,400,000	146.2%	³
Poverty rate, individuals (2008 v 2009)	13.2%	14.3%	8.3%	⁴
People in poverty in U.S. (2008 v 2009)	39,800,000	43,600,000	9.5%	⁴
U.S. rank in Economic Freedom World Rankings	5	9	n/a	¹⁰
Present Situation Index (curr = 12/10)	29.9	23.5	-21.4%	¹¹
Failed banks (curr = 2010 + 2011 to date)	140	164	17.1%	¹²
U.S. dollar versus Japanese yen exchange rate	89.76	82.03	-8.6%	²
U.S. money supply, M1, in billions (curr = 12/10 prelim)	1,575.1	1,865.7	18.4%	¹³
U.S. money supply, M2, in billions (curr = 12/10 prelim)	8,310.9	8,852.3	6.5%	¹³
National debt, in trillions	$10.627	$14.052	32.2%	¹⁴

Just take this last item: In the last two years

we have accumulated national debt at a rate more

than 27 times as fast as during the rest of our entire

nation's history. Over 27 times as fast. Metaphorically

speaking, if you are driving in the right lane doing 65 MPH

and a car rockets past you in the left lane. 27 times faster,

it would be doing 7,555 MPH!

Sources:

(1) U.S. Energy Information Administration; (2) Wall Street Journal;

(3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA;

(6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller;

(9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board;

(12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

PRESS RELEASE February 7, 2011 - For Immediate Release Tea Party of Louisiana Calls for NEW Louisiana State Senate President !!!

(Baton Rouge) “The Tea Party of Louisiana (TPoL) calls for NEW Louisiana Senate President,” Tea Party of Louisiana Spokesman Bob Reid said. “The current Economic & Political times demand NEW Conservative Leadership in our Louisiana Senate,” Reid added. “The Tea Party of Louisiana is calling for a STRONG CONSERVATIVE LEADER to replace the current Liberal, Trial Lawyer Democrat as our new Louisiana State Senate President,” Reid explained.

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Government Aggravated Tragedy

by Walter Williams

When Thomas Paine said, "(G)overnment, even in its best state, is but a necessary evil; in its worst state an intolerable one." He added that when it's self-inflicted, "(O)ur calamity is heightened by reflecting that we furnish the means by which we suffer." The Gulf of Mexico disaster has been made worse because of Washington acts similar to Great Britain's tyrannical acts that caused our founders to rise up in rebellion in 1776. Let's look at it.

The Navigation Act was that name given to laws that regulated trade and commerce between Great Britain and its colonies. First enacted in 1651, and often amended, the law stipulated that no merchandise was to be carried to Britain or its colonies except by British ships built and manned by British subjects. The act stifled American manufacturing, increased the cost of goods and gave rise to smuggling and increased resentment against the mother country. The purpose of the mercantilist Navigation Act was to protect and enrich British interests.

You say, "Williams, the history lesson is nice but what does it have to do with the Gulf oil disaster?" Foreign companies, with extensive successful experience in oil spill cleanups, have offered their services but have been refused by Washington. Why? A Coast Guard spokesman said that Belgian, Dutch and Norwegian vessels are being barred from the Gulf region because they "do not meet the operational requirements of the Unified Area Command." That's another way to say that the 1920 Jones Act, a protectionist law not unlike Britain's Navigation Act, requires vessels working in U.S. waters be built in the U.S. and be crewed by U.S. workers.

James Carafano, researcher at the Heritage Foundation, said, "The unions see it as … protecting jobs. They hate when the Jones Act gets waived, and they pound on politicians when they do that." Carafano asks, "So are we giving in to unions and not doing everything we can, or is there some kind of impediment that we don't know about?" President Obama has the power to waive the Jones Act to allow foreign vessels and crews to bring their expertise to the Gulf cleanup, but he fears angering American labor unions.