User:Mary Ash/My sandbox

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Introduction

While there are many facets of the Tea Party, overall this non-partisan group seems to stand for smaller government, fiscal responsibility and the return to U.S. Constitutional values. Founders of the Tea Party also believe in the book The Federalist Papers, also known as the Federalist, contained 85 essays written by Alexander Hamilton, John Jay and James Madison. The book was compiled between October 1787 and May 1788.[1]

Tea Party Origins

Seattle resident Keli Carender is credited for starting the Tea Party Movement in 2009. Carender tired of politics as usual and decided to call a few conservative friends to set up a rally in 2009. The rally was attended by 120 people. Later rallies spread throughout the United States making Carender a celebrity. [2] Rick Santeli is also credited with creation of the Tea Party movement. Santeli, a CNBC cable-news reporter, offered to form a Chicago based Tea Party. Within hours the OfficialChicagoTeaParty.com web site was brought online. Within weeks Tea Party protests throughout New England took hold leading to the growth of the Tea Party.[3] 


By most accounts, the Paul Revere figure of this Second American Revolution is an excitable cable-news reporter named Rick Santelli, a former futures trader and Drexel Burnham Lambert vice-president who stood on the floor of the Chicago Mercantile Exchange last February and sounded the alarm on CNBC about the new Administration’s planned assistance for homeowners facing foreclosure. He proposed a nationwide referendum, via the Internet, on the matter of subsidizing “the losers’ mortgages,” winning both the attention and the vocal support of the working traders in his midst. “President Obama, are you listening?” he shouted, and then said that he’d been thinking of organizing a Chicago Tea Party in July, urging “all you capitalists” to come join him on Lake Michigan, where “we’re going to be dumping in some derivative securities.” It was a delicate pose—financial professionals more or less laughing at debtors while disavowing the lending techniques that had occasioned the crisis—but within a matter of hours a Web site, OfficialChicagoTeaParty.com, had gone live, and by the end of the following week dozens of small protests were occurring simultaneously around the country, invoking the legacy of early New England colonists in their revolt against King George.

Read more http://www.newyorker.com/reporting/2010/02/01/100201fa_fact_mcgrath?currentPage=all#ixzz10fpvV1Ul


Links:

  1. ↑ The Federalist Papers - THOMAS (Library of Congress). Retrieved on 2010-09-26.
  2. ↑ Unlikely Activist Who Got to the Tea Party Early - NYTimes.com. Retrieved on 2010-09-26.
  3. ↑ The rise of the Tea Party movement : The New Yorker. Retrieved on 2010-09-26.
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