more »" />

Tea Party Table Gets Cold Reception

May 28, 2011

It wasn’t something you see in Marblehead every day. A poster of President Obama with a Hitler mustache draped over a folding table on the sidewalk at the post office. Then there was the “Restore Glass Steagall” sign with a picture of a smiling Franklin Delano Roosevelt. For those of you who don’t know, Glass Steagall was a law, actually called The Banking Act of 1933, known by its sponsors, Carter Glass (D, VA)  and Henry B. Steagall (D, AL) , that basically established the Federal Deposit Insurance Corporation and which attempted to control speculation. This 1933 Glass-Steagall bill was actually the second Glass-Steagall bill. The first was passed in 1932, a fairly technical bill written to stop deflation. The 1933 bill restricted banks from crossing over: a commercial bank couldn’t become an investment bank, and vica versa. It was a reaction to the collapse of American commercial banking in early 1933. The Glass-Steagall bill was following in spring of 1933 by Executive Order 6102, or The Gold Confiscation Act that effectively ended the gold standard for American currency.

The young woman, a follower of Lyndon LaRouche, would not give her name to a reporter and made a sort of obscene disparaging remark to him (“you s!#k). She apparently believes that by restoring the Glass-Steagall bill, and its standards, of separating commercial banking from investment banking all will be right in the American economy again. Lyndon LaRouche sees the corruption of banks as the corruption of our economic system. He basically wants to apply the Glass-Steagall standards to all current banking operations, “protecting” the assets that comply with those standards, and “freezing” the assets that do not “comply” under federal or state bankruptcy laws.

Not exactly a one-line revolutionary slogan, to say the least.

But why the Obama-Hitler poster? It has been linked to Rush Limbuagh and to the “death panel” protestors. And, of course there was the snake-broken-into-eight-pieces symbol which is tied to the Tea Party. That symbol was on the literature they were handing out. The handouts also had a letter from Congresswoman, Marcy Kaptur (D, OH), calling for support of the bill to reinstate Glass-Steagall. The bill is currently before Congress with no change of passing.

So, the Tea Party came to Marblehead with horrible posters and creating a lot of unhappiness at the post office. While our reporter was there at least eight people came up to the table and the two protestors there and verbally engaged them. There was no show of support whatever from Marbleheaders walking, riding bicycles, driving or dog-walking that day while we were there. It was obvious that even if Marbleheaders did not support President Obama, they did not like the very offensive posters or the whole setup on the sidewalk.

It caused a commotion, but from the expressions on the faces of the two “protesters” –  if that’s the right word –they were fishing in the wrong waters there on Smith Street, and most certainly with the wrong bait.

People “pulled over,” okay, but more to stop this eye sore of dark-side posters and the sloppy protest table on the first nice day in two months.

We did notice a Dunkin’ Donuts coffee cup under the table, along with a empty, crumpled bag, presumably formerly holding donuts, now consumed. So, even in this odd set-up with its disturbing and confusing messages and images, they did bring coffee and donuts to the office. So it wasn’t all bad. Sort of.

Previous post:

Next post: