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Politics : Formerly About Advanced Micro Devices

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J_F_Shepard

To: J_F_Shepard who wrote (792478)	6/29/2014 4:19:04 PM
From: combjelly	1 Recommendation of 1577920

Liberals are the ones who like to giggle about the term Yup. Because it is funny. I mean stapling tea bags on their hats so they looked like jackaroos with a cork allergy... Besides, it also showed a fundamental misunderstanding of what prompted the Boston Tea Party. The Tea Act, which triggered the event, didn't involve taxes on the colonials. The taxes were the prior Stamp Act and the Townsend Act. What the Tea Act did was grant the East India Company a monopoly on tea in the colonies. And that threw out of business all the colonials who were involved with the tea market in North America. It actually resulted in a lower price of tea because tea no longer had to be shipped to England, taxed, and then shipped to the colonials. So it was against a corporation. The colonials feared more monopolies being granted to the EIC. Given what the EIC was doing in India at the time, it was a possibility to be feared. Big business working hand in glove with the government can be a fearsome thing...

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