Tea Party Group Pushing To Repeal Wall Street Reform

[HolyCity2012]

Run time: 01:15 https://www.youtube.com/watch?v=FO-UDN8xuHE   Posted on YouTube: April 13, 2011 By YouTube Member: thinkprogress5 Views on YouTube: 389   Posted on DU: April 26, 2011 By DU Member: HolyCity2012 Views on DU: 274

 
Exclusive: The Astroturf Lobbyists Behind The New ‘Tea Party’ Group Pushing To Repeal Wall Street Reform
By Lee Fang
Apr 25th, 2011


In February, while attending the Tea Party Patriot Summit in Phoenix, Arizona, I came across the grand opening of a new front group called “Dodd Frank Exposed.” Two staffers for the new group were eagerly shaking hands of Tea Party activists while asking them to fill out a survey about their perception of the Dodd Frank Wall Street reform law passed last year.

On a television set up at the booth, a video played on loop claiming Wall Street reform is an “unconstitutional takeover of the U.S. economy.” The video, set to scary attack ad music, argued that Tea Party activists should be as angry at financial reform as they were against President Obama’s health reforms.

http://thinkprogress.org/2011/04/25/exposing-dodd-frank-exposed/
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Tea Party populists serving the aristocrats
by digby
April 26, 2011


The other night I was talking to someone who doesn't follow politics but who happened to randomly catch Andrew Breitbart on Eliot Spitzer's show selling the notion that the Tea Party is hostile to Wall Street. He was convinced that this was true and told me that this was going to be a fruitful bipartisan coalition and that it was going to result in a huge change in politic.

Let's set aside Brietbart for a moment. We all know he's an unbalanced, racist con artists who will say anything. But Breitbart notwithstanding, there are a lot of people who believe that the Tea Party is anti-Wall Street. I don't think this is true. The far right is anti-bailouts, but their reasoning is that the government should never "interfere" in the economy, not that Wall Street did something wrong. Indeed, if you look back at the famous Rick Santelli rant that's credited with inspiring the Tea Party movement (beyond Ron Paul) it was rage at the idea of rewarding all the undeserving poor people who bought houses they couldn't afford.

http://digbysblog.blogspot.com/2011/04/tea-party-populists-are-happy-to-serve.html

[DCKit]

1. That's gotta be coming straight from the Koch, er... the top.

Teabaggers F'n HATE 'em some Wall St..