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...That's why no Wall Street moneyman in his right mind would finance a new reactor. But President Obama has located an alternative financier: you. On Tuesday he announced an $8.33 billion loan guarantee for the new Vogtle reactors, the first step in the Administration's push to jump-start the nuclear construction industry. Obama also urged Congress to set aside political differences and triple the budget for nuclear loan guarantees. "On an issue that affects our economy, our security, and the future of our planet, we can't keep on being mired in the same old stale debates between...
Naming the Tea Party movement, however, is easier than defining it. Tea Partyism covers a lot of ground and a world of contradictions. It contains Nashville lawyer Judson Phillips, who recently organized the first Tea Party convention at the posh Gaylord Opryland Hotel, charging $549 per ticket and pocketing an undisclosed profit. But the movement also embraces the volunteers who denounced Phillips and his convention as a money-grubbing mistake. The crowd in Nashville cheered as speaker Joseph Farah demanded proof that Obama is a U.S. citizen. "Show us the birth certificate!" Farah cried. But other Tea Partyers were equally...
Whether bitter or sweetened, the tea is winning admirers. According to the latest CBS News/New York Times poll, roughly 1 in 5 adult Americans identifies with the Tea Party movement, which scored its first major victory last month when Republican Scott Brown won the Massachusetts Senate seat long held by the late Democrat Ted Kennedy. Brown's promises to bolster U.S. defenses against terrorists and block Obama's health care reforms gave him a blinding Tea Party aura, the glow of which sent fear through the Administration and fried the circuits of Congress. But you can no more trace that...
...Carolina, explained during a seminar in Nashville. Recounting how he built a statewide operation from scattered local groups, DeGerolamo said he started with a rally. "I went around and contacted as many of these groups as I could find and invited them to Asheville for what we called the first N.C. Freedom Convention." That was last May. When everyone was gathered, DeGerolamo coaxed the groups - notoriously prickly about their independence - to join under the banner of a single website, NCFreedom.us. Next, he convened a town-hall meeting "for one reason - to get YouTube videos," DeGerolamo said. "YouTube...
...primarily by the wealthy Koch family of Wichita, Kans., and its foundations. With its sister organization FreedomWorks - run by former House majority leader Richard Armey - the AFP nurtured the Tea Party movement in its early days, offering training and logistical support. When Santelli sounded his trumpet, Jenney organized the first Tea Party protests in his state. But the larger the movement has become, the less sway professional organizers have, Jenney told TIME. "We've done quite a bit of coaching. At the same time, a lot is self-done with these groups that are largely organized on the Internet...