For OpEdNews: E. Nelson - Writer
It is now only a matter of time before all the Tea Partiers realize they have been sold down the river by the Republican Party. On Friday, in what was one of the cruelest ironies of fate to befall the Republican party, it was revealed that the Republican Party had decided to stand against any Wall Street reform and side with the Wall Street Banksters and an announcement was made that the SEC had leveled massive fraud charges against Goldman Sachs, one of the taxpayer bailout recipients. Goldman's alleged scheme as described by the SEC was that they created risky mortgage-backed securities with the help of hedge fund manager John A. Paulson and then sold them as Triple-A rated mortgages to investors and at the same time bet against the stability of these mortgage-backed securities which resulted in billions of dollars of profits for Goldman Sach and about 1 billion dollars in losses for Goldman Sach investors. Hedge fund manager Paulson netted about $5.7 billion between 2007 and 2008 during much of the country's financial collapse.
These two almost simultaneous announcements occurred only days after both Republican minority leaders John Cornyn and Mitch McConnell were caught meeting in secret with 25 multi-billionaire Wall Street executives and hedge fund managers.
Later as if on cue, the strings of Republican Senator Mitch McConnell were pulled by his Wall Street puppet masters and produced a televised press conference warning about the dangers of regulating Wall Street. After that the Republican Party as a whole announced its intention to vote as a bloc to stop any reform of Wall Street currently being proposed. Even though much of the current legislation has been proposed and written by Republicans.
If even after all of this and everything that has occurred over the past few decades the Tea Partiers still believe the Republican Party has the back of the average hard working Americans and does not really work 27/7/365 days of the year on behalf of the fat cat bankers and hedge fund managers of Wall Street they are either delusional or live on a planet where the sky is not in fact blue.
http://www.opednews.com/articles/Republicans-say-Hell-with-by-E-Nelson-100418-55.html