"When I first heard of the Tea Party, I honestly believed this was going to be good for the middle class. Billions were borrowed to bailout Wall St. and the fat cats and the people were rising up in protest. The middle class was beginning to awaken to the fact that we are being screwed. But something happened between then and now"
The tea party has been hi-jacked. It has gone from pointing at Wall Street bailouts to attacking Main St. workers.
Now Karl Denninger, The founder of market-ticker.org, a stock trader and former CEO, published his own write-up on the proposed protest, titled "Tea Party February 1st?," which was posted in direct response to President Obama's inauguration occurring on the same day, and railed against the bailouts, the US national debt and "the fraud and abuse in our banking and financial system" which included the predatory lending practices currently at the center of the home mortgage foreclosure crisis.
By February 1, the idea had spread among conservative and libertarian-oriented blogs, forums, websites and through a viral email campaign. On Oct 20, 2010, he blogged that Republicans had hijacked the Tea Party movement, and perverted its original goals to the standard Republican concerns of "guns, gays and God."
Here is Karl Denninger on RT America; http://www.youtube.com/watch?v…
Can the real tea party please stand up?