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You're twisting history. The tea party backlash was to the bailing out of banks.
by yostrovs 7y ago
You're twisting history. The tea party backlash was to the bailing out of banks.
- jnwatson 7y agoYou misremember. [1] has the video on CNBC that started the Tea Party. “Yesterday Rick Santelli, who reports from the floor of the Chicago Board of Trade the for CNBC, unleashed a rant against Obama’s newly announced housing bailout plan, intended to help some homeowners refinance mortgages and avoid foreclosure.” 1: https://opinionator.blogs.nytimes.com/2009/02/20/rick-santelli-tea-party-time/ https://opinionator.blogs.nytimes.com/2009/02/20/rick-santel...
- bosswipe 7y agoThe spark for the Tea Party was a viral rant by CNBC's Rick Santelli against a program to help individuals avoid foreclosure. Look it up.
- CydeWeys 7y agoTheir main issue was being pro-austerity. Most of what they focused on was cutting funding for Social Security, Medicare, Medicaid, and other social services. They wanted a smaller government at all costs (though curiously they never called for reducing military spending). Occupy Wall Street, on the other hand, was the group that was specifically against bailing out the banks. The Tea Party was more about not helping regular people.