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Thread: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

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    Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    http://politicalticker.blogs.cnn.com...own/?hpt=hp_t1


    Washington (CNN) – They’re hard-charging, compromise-damning members of Congress, and they’ve changed the debate in Washington over the size and spending of the government.

    In recent days, Republican hard-liners in the debt ceiling talks have been vociferous in their rhetoric.

    Washington (CNN) – They’re hard-charging, compromise-damning members of Congress, and they’ve changed the debate in Washington over the size and spending of the government.

    In recent days, Republican hard-liners in the debt ceiling talks have been vociferous in their rhetoric.

    At a tea party rally, Sen. Mike Lee of Utah said his faction needs to push forward a balanced budget amendment and other measures “… in order to save our country from a Congress that for decades has been burying our children and our grandchildren, both born and unborn, under a mountain of debt.”

    But according to recently released disclosure forms, Lee and others in his caucus have some significant personal debt of their own.

    The documents — annual personal financial disclosure forms that were released in June — show that Lee had amassed at least $15,000 in credit card debt and had a $50,000 line of credit at a Utah bank as of late last year.

    He’s not alone. Republican Rep. Tim Griffin of Arkansas had at least $15,000 of debt accumulated on an American Express card, according to the forms. Griffin, who won his seat with tea party support, has recently said Washington has “a spending addiction.”

    Rep. Kevin Yoder, a freshman Republican from Kansas, said in a recent press release, “Washington needs to cut up the credit cards.” But Yoder’s own form shows he amassed at least $15,000 in what’s called a “revolving charge account” with Citigroup.

    The forms are not exact. They do not reveal exact amounts of assets or liabilities. They only list ranges; for example, the form for Griffin shows his credit card debt to be between $15,000 and $50,000.

    The disclosures, added to the recent language these congressmen have been using to stoke the debate in Washington, have drawn criticism from at least one watchdog group.

    Ryan Alexander, president of the nonpartisan group Taxpayers for Common Sense, says, “It raises that question: How are you managing your personal debt? You're telling us how to manage our debt as a country, you're making ultimatums, and we don't know what you're doing with your personal debt. And they're holding credit card debt. Not every American does that. That's a choice that you made, to put that kind of debt on your own personal finances.”

    CNN contacted the offices of Griffin and Yoder for comment. They didn’t respond. An aide to Lee said the senator could not do an interview with CNN, but the aide did push back hard on the criticism.

    “Senator Lee's personal finances are in order. Like many Americans who are not independently wealthy, Senator Lee is managing his debt responsibly,” said spokesman Brian Phillips.

    Separately, Phillips told CNN he thought the criticism of Lee was “crackpot.” He said given that the senator is managing his debt responsibly and there is no evidence of financial impropriety, who are the critics to question his role in the budget debate.

    Then there’s the case of freshman Rep. Joe Walsh, Republican from Illinois. Walsh is another tea party favorite who has pushed for a tougher line with Democrats in negotiations.

    This week Walsh told CNN, “Thank God congressmen like me were here. Imagine - step back and imagine - if Republicans hadn’t taken over Congress, this city would have raised the debt limit who knows how much.”

    But Walsh’s ex-wife Laura Walsh says he needs to pay up on a big debt: $117,437 in child support. That figure is part of a lawsuit against Walsh she filed.

    CNN could not reach Walsh’s attorney, R. Steven Polachek, for comment. But Polachek told the Chicago Sun-Times the claim of a $117,437 debt is “unfounded”: “I dispute that he owes the child support that she’s claiming or anywhere near that amount.”

    Contacted by CNN, Walsh issued a statement saying in part: “It is not lost on me that a court case filed almost 8 months ago regarding a marriage that ended more than 8 years ago would be brought up today … I’ve always given everything I have to meet my financial obligations to my children and I will fight until my last breath against anyone who says otherwise … These latest attacks against me are false and I will fight them in the appropriate venue.”

    The attorney for Laura Walsh told CNN that Walsh has not paid any child support since 2008.

    In an interview with CNN, Walsh admitted that he had struggled financially and had lost a home. “Look, I’m the most openly vetted candidate in the world. I have had financial troubles and I have talked about them throughout the campaign,” he said, “This is where the real America is.”
    "Alabama's cornerbacks don't impress me one bit. They're overrated. Real men don't play zone defense and we'll show them a thing or two come January 1."

    Miami WR Lamar Thomas, the weeks before the 1993 Sugar Bowl national title game.


  2. #2
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Baaah the tea party....baaaaahh
    "I am a true labourer: I earn that I eat, get
    that I wear, owe no man hate, envy no man's
    happiness, glad of other men's good"
    - Corin in Shakespeare's As You Like It


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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    I have more debt than that and I make much less than them I'm sure. HAHA

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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Quote Originally Posted by Fatboy View Post
    I have more debt than that and I make much less than them I'm sure. HAHA
    I do too as well, but these people are preaching some hard line financial responsibility yet they cannot even maintain their personal finance, much less the nation's finance.
    "Alabama's cornerbacks don't impress me one bit. They're overrated. Real men don't play zone defense and we'll show them a thing or two come January 1."

    Miami WR Lamar Thomas, the weeks before the 1993 Sugar Bowl national title game.


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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Quote Originally Posted by Bama_Man View Post
    I do too as well, but these people are preaching some hard line financial responsibility yet they cannot even maintain their personal finance, much less the nation's finance.
    geez.... try making sense...

  6. #6
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Quote Originally Posted by OffThePorch View Post
    geez.... try making sense...
    so wait, we are supposed to take economical advice and financial leadership from people who cannot keep their own personal finances under control?
    "Alabama's cornerbacks don't impress me one bit. They're overrated. Real men don't play zone defense and we'll show them a thing or two come January 1."

    Miami WR Lamar Thomas, the weeks before the 1993 Sugar Bowl national title game.


  7. #7
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    If only those teabaggers sold out to the k-steet/wall-st./beltway folks like the establishment folks of both parties, right?
    "I am a true labourer: I earn that I eat, get
    that I wear, owe no man hate, envy no man's
    happiness, glad of other men's good"
    - Corin in Shakespeare's As You Like It


  8. #8
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Are you really analyzing an individual credit and comparing it to their political stance on gov dept?
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    I was thinking about this a little more and how stupid it was but I figured what the hell I play along....

    "Rep. Kevin Yoder, a freshman Republican from Kansas, said in a recent press release, “Washington needs to cut up the credit cards.” But Yoder’s own form shows he amassed at least $15,000 in what’s called a “revolving charge account” with Citigroup."

    Congratulations yall really stuck him, his dept here is 10% of his salary, I bet he can pay it off with out a new lone to cover the interest.... BTW I could give a F if this guy defaults because it has no effect on me at all.

    When the new Tea party leaders are asking to raise the of debt limit and spending by more than our annual revenue....do yall realize how stupid this looks? And this has a direct effect on me.
    ( o Y o )-- F250

    Politics is like pro-wrestling -- Rollin' Baby

    Good, Fast, Cheap....Pick two -- my buddy...
    Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed.
    -Dwight D. Eisenhower

  10. #10
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    Re: Oh yes, the Tea Party GOPers are EXCELLENT with finance..

    Quote Originally Posted by Bama_Man View Post
    so wait, we are supposed to take economical advice and financial leadership from people who cannot keep their own personal finances under control?
    You should take advice from whoever gives it... SMH..

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