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POPSProtests Nationwide Against The Generational Theft Act
Speakers electrified the crowd with talk of constitutional freedoms and personal responsibility, eliciting roars of agreement that could be heard blocks away. Rob and I listened to a young mother explaining the history of the Revolution to her daughter (accurately!) and watched fathers hoist their children into the air to wave flags and banners. Samuel Adams (and his reincarnation Rick Santelli ) would be proud. While the protesters were clearly unhappy with the usual suspects - Obama, Pelosi, and Reid - there was a particularly special place in their hearts for South Carolina Senator Lindsey Graham. Chants of “Lindsey Don’t Care!” spread through the crowd as speakers criticized his earmarks in the most recent omnibus spending bill. Mentions of our other South Carolina Senator, Jim DeMint, were met with wild rounds of applause. His consistent fiscal conservatism and hard-line stance against the bailouts has earned him hero status here in Greenville.
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POPSPiggy Bank Sales Up, An Economic Indicator everyone is preparing for "rainy days" ahead. The safe sales might indicate that people think their money is safer at home than in banks (where there is little interest earned), and they do not have to fear bank runs. Over 50 banks in the U.S. have failed recently and their are predictions of more.
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POPSMan pays for New Truck in Quarters He did the same thing in 1994, buying a $36,000 Dodge Pickup. He said he got the habit from his father who saved up change to pay for holidays. He must be lucky on the poker machines. One thing that seems typical, is that no bank wants to touch it. Banks not taking cash? What do banks do to earn their money?
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