Tea Party is Our Jersey Wall...Rush you are wrong

For the last several days Sharky&Sharky has listened to the political commentators/pundits such as Rush and Hannity proclaim that the Tea Party should not have approved the last debt ceiling increase. According to them, whatever Republicans voted for debt ceiling increase bill with its debt reduction dictums and panel recommendations are to be interrogated and critized. To Sharky&Sharky it is pointless at this time to repeatedly hashout whether or not the debt ceiling should or should not have been approved, the point is that after this initial skirmish the Tea Party backers should not complain and moan about the booty they did not achieve. They should reconnoiter and determine how to strategize for the next election in order to gain more seats in both Chambers of Congress, thereby increasing their gains the next time. Currently the commentators are like little league coaches who degrade their team for losing in first game of the Williamsburg World Series. These debates will only serve to discourage the team and more people from joining the Tea Party and participating in the on-going policy revolution.

The Tea Party is currently being called terrorists and hostage takers by Democrats. Since the Tea Party has not displayed any turban bombs and the use of hostage is quite a stretch, in that the only item held hostage was a poor-ass repayment plan for a deficit -> debt that we the citizens of the US can not pay.

Sharky&Sharky is saying that the effort and yes, the current rhetoric should not be a critique of what Tea Party did not achieve or the deals that could have been struck or the confusion in the Republican ranks. All new efforts should be applied to developing and deploying strategies to win the next elections which are necessary to continue the management and the reduction of the US debt. If this is not done then we will fall prey to Nobel Prize winners like Paul Krugman

And thanks to that deficit obsession, government, which could and should be supporting the economy in its time of need, has been pulling back.

From this we should infer from Krugman that more debt is good and the another stimulus is the solution to the failing economy. Sharky&Sharky say "of course not". What is the difference between giving houses to people that cannot afford them and giving money to industries that will not be able to repay the loan. In either case financial ruin is inevitable. The government focus for industry should be the removal of regulation and the demand for more innovation (the enemy of unions).

Both Bachman and Romney were against the debt deal.  Let us not waste time with these discussions either. That is history. Their entire effort now as presidential candidates should be to move the debate to debt reduction plans such as the Penny Plan (or getting Dave Ramsey to leave his ministry for a few years such that by 2019 we can proclaim We, the US, are debt Free. This is possible with the Penny Plan. Or they should back Cut, Cap and Balance.

With the US debt being down graded by S&P from AAA to AA+ ( you remember them, they said nothing while the Fannnie, Freddie and Ginnie trailblaze the US debt path from 2009 to 2011)

Who will guide us back to slovency? Maybe Barry's ghetto thinking that debts do not have to be paid... or Krugmann's Nobel prize winning thinking that the government should provide much more in Stimulus? Sharky&Sharky think neither of these will help. By the By China is now issuing demands:

"China, the largest creditor of the world's sole superpower, has every right now to demand the United States to address its structural debt problems and ensure the safety of China's dollar assets," Xinhua said.

Sharky&Sharky state that step by step process and plodding led by the Tea Party is the way back to slovency. The first step is stop the inward criticism (listen up Rush, Hannity, Bachman, et al.), the second step is build a strategy that gets the US back to solvency in the next 8 to 10 years (take a hard look at the Penny Plan), and finally promote debt repayment strategy and elect people that adhere to and improve the solvency strategy. The Tea Party should become our country's Jersey Wall that leads us back safely to solvency and fiscal responsibility.

Sharky&Sharky©