Seizing momentum of anti-tax Tea Parties where Americans vent their frustrations over government spending, Republicans from throughout the Southland descended on Jeffers’ estate Saturday for an All American Rally.
Dozens of fiscal conservatives gathered to oppose what they characterized as the Obama administration’s imprudent bailout of corporate America and the inclination of lawmakers to balance yawning budget gaps on the backs of taxpayers.
“Even Franklin Roosevelt never came close to deficit spending of the type that has been done already within a year after the pull of the trap door on this economy,” said Wayne Jett, managing principal of Classical Capital LLC. “The kind of debt that is being gathered for our children and our grandchildren can never be paid off and can only be used as an excuse for raising taxes forever so that we will never come back to a full, open and growing economy.”