stock_creeper's  Instablog

Have you even been in a situation where you hate something so much, you forget about it entirely? I think Perry had that problem last night during the debate.

Am I the only one tired of all the complaining by the libs about economic 'hard times', the 'do nothing' congress, proliferate government spending, and 'the fed' ? These liberal whiners masquerading as conservatives and libertarians want fiscal conservatism to fulfill their desires for a Marxist inspired  revolution of wealth redistribution and destruction. True republicans want wealth creation, but this breed of angry anarchist/liberal republicans/libertarians that have infected the blogosphere since TARP want the opposite. They resent the success of the 1%, but rather than identifying themselves liberal, they are 'fiscal conservatives' or libertarians. Ideologically, they are still libs in that by attacking government spending, attacking congress, attacking the fed, and attacking Wall St. they are indirectly attacking the rich.

If fiscal conservative policy were implemented today (i.e.; rate hikes, tax hikes, reduced government spending) the stock market would be annihilated. Trillions of dollars in wealth from a wide range of assets like real estate, commodities, stocks and even bonds would evaporate. The biggest losers would be, of course, the rich. This is wealth destruction. The redistribution part would be the sudden increase in purchasing power that mainstreet would experience from the instantaneous deflation in virtually everything from food & gas prices, healthcare, insurance, rent, etc.

If Karl Marx were alive today he's probably be on zerohege ranting about the fed. Larry Summers, Bernanke and Geithner are much more conservative and embody republican values more so than the leftist whiners on the blogs like businessinsider, huffingtonpost, or zerohedge.