Code Red Rally today at 1:30pm in DC

December 15th, 2009 by NC Tea Party Staff Categories: Archives 8 Responses


Videos from the Rally Today:

From the website:

Thousands Attend the Code Red Rally as Senate Approaches Health Care Vote

Today over 5,000 freedom fighters concerned about the Washington take over of health care took time away from family and work to make their voices heard at the Code Red Rally at the Capitol in Washington, DC. With the Senate closing in on a final health care vote thousands of grassroots Americans sent a message to their Senators telling them “Hands off my health care!”

Code Red Rally 1

We heard from great speakers like Senator Tom Coburn M.D., Senator Jim DeMint, Congresswoman Michele Bachmann, Laura Ingraham, and many other representatives who gave us an update on the health care bill and what a health care takeover will mean for average Americans.

Code Red Rally 2

After the rally thousands of activists poured into the Senate office buildings to tell their Senators to vote NO on a government takeover of health care. You can be sure those Senators will remember these folks before they vote.

Code Red Rally 3

From Michelle Malkin:

With Demcare now in critical condition, Tea Party activists are turning up the heat today in Washington for the Code Red Rally on Capitol Hill. Laura Ingraham is hosting. Speakers include Sen. Tom Coburn, M.D. (R-Okla.) and Sen. Jim DeMint (R-S.C.). Folks are traveling from across the country to be there.

If you are in the D.C. area today, join them at 1:30 pm, Upper Senate Park, on Constitution Ave. between New Jersey and Delaware St. NE.

More info here and here.

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  2. I think Greenspan is getting senile, today he said that you can stop asset bubbles by increasing capital requirements. That just increases the cost of credit. The next time you have a real estate bubble, you’ll have the same problem, assuming that banks are still in the business of loaning against real estate. If you want to stop this problem, then eliminate the federal subsidies for real estate development and investment, then require people in that industry to put their own money at risk instead of someone elses. If Greenspan really wants to change the banking system, though, then simply ban 95% and 90% LTV loans. Require a bigger equity cushion. BTW, the “too big to fail” argument is a fallacious one. During the Great Depression, Canada had no bank failures. The reason was that their banks were very large. The banks closed branches, etc., but none of them failed. By contrast, the US was dominated by thousands of very small banks, and we had more than 10,000 of them fail. So there is nothing inherently unsafe about a banking system dominated by large banks. The real problem with large banks is that during good times, they don’t provide enough competition for each other.

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