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April 15, 2009

Prairie2 Has The Teabaggers' Number

"Prairie2" is the net-handle of a person who writes economic commentary and sends them in email form to the Mike Malloy radio program. It's easy to dismiss a semi-anonymous emailer to a liberal's talk radio program as a crackpot but you begin to read his stuff and you realize, pretty quick, that Prairie2 knows where of he speaks and he speaks so you can understand what's going on.

He's like Nouriel Roubini for the rest of us, and what's better is, you don't have to subscribe to him to get his good stuff. You don't even have to listen to Mike Malloy to get the latest word – Mike Malloy being the acquired taste that he is.

Prairie2 has the most succinct view of the Teabagging movement that there can be, and it deserves to be read by everyone (all typos his):

the low income tax protesters must realize how they don't pay that much tax but they have been brain washed into thinking that they are low income because the rich are being overtaxed. If corporations didn't have to pay any taxes their wages would be higher. The reality of course is that few corporations pay any taxes and some even make a net gain from the public trough.

They also believe that someday they might be rich, not grasping the reality that they have half the chance of upward mobility of somebody born in socialist Sweden. They also believe that the rich would invest more if they didn’t have to pay any taxes. The really rich only pay an average of 17% income tax and no fica taxes. These morons are paying more on every dollar than the super rich now.

They should be protesting, they have every right to be angry. The protesters just don’t have a clue who they really are. They think that they are the upper class that is being repressed by the liberals in government. If the liberals would just go away then they would have the income they deserve.

Follow Prairie2 if you're the kind who wants to know what's coming and which way you might have to jump. I recommended him on my original blog and I'm doing it here too.

Dept of Corrections: at least one of the links to Prairie2 News was miscoded and has been updated. Sorry if I led anyone astray there.

Posted by The Chinuk at April 15, 2009 07:50 PM