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  • The Tea Party Is Not "Wrong"

    10/23/2013 1:57:40 PM PDT · by kiryandil · 13 replies
    The Market Ticker ^ | October 17, 2013 | Karl Denninger
    There comes a time when one doesn't care why someone has a correct position, even if the foundation from which they proceed is faulty, only that they have the correct position.The Tea Party, led by Ted Cruz, focused on Obamacare, as did a handful of House Republicans.Despite the criticism leveled against them they were exactly correct to do so, even if they came at it and arrived at their conclusions due to an incorrect starting premise or analysis.Here's why.As I have written about for the last six years we have a fundamental mismatch between what our government takes in via taxes...