re: #157 palomino

OT: I just got into a conversation with a tea partier. There are competing protests every Fri. afternoon at the intersection of Ventura Blvd and Laurel Canyon here in LA. I bumped into the guy and we struck up a conversation.

I don’t where these folks get their info. A few of his claims:

1) 35% of tea partiers self-identify as Democrats.

2) Obama wants to “collectivize” everyone’s 401k.

3) Even if AIG, GM and BofA had all collapsed, we would be better off if we hadn’t had TARP, bailouts, stimulus. Unemployment? Credit? Stock market? Consumer confidence? None of these would have been a problem because, again, the rest of the economy would have “absorbed” these losses. I know many economists have disagreed with both Bush and Obama, but does anyone know of a serious economist who believes this?

The 401K thingy = Limbaugh today