Benefits of Tea Party
1. Stopping earmarks. Although many argue it is small potatoes compared to the deficit, it is not small potatoes to corruption.
2. Against Fed QE2.Â Although the Fed’s reasoning has not always been clear, I agree that QE2 is a risky way to affect interest rates and the economy. Since Ben Bernanke thinks that the legislative arm should do more to stimulate, he should only say that and not try to take the place of their non-action.
3. Redress the balance between the Executive, Legislative, and judicial closer to original intent.Â Of course, things could just get rescrambled.
It could end up better or worse. However, I’d like to see simple majority rule again in the Senate.