Word: santelli
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...person is the founder, it's Rick Santelli. A year ago, the CNBC commentator blew a gasket on the air over a plan by the Obama Administration to tackle the foreclosure crisis. Multibillion-dollar proposals were flying like snowflakes in Washington, and Santelli's rant struck a chord with people who wondered where all the money would come from. "We're thinking of having a Chicago Tea Party," Santelli declared, evoking the 1773 protest in Boston Harbor. A movement was born. Egged on by conservative interest groups and leveraging Barack Obama's digital-networking strategies, grass-roots opponents...
...libertarian advocacy group funded 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...
...some of the questioners had their doubts. "Quite honestly, people learn more from listening to Rush Limbaugh's show than in high school or college," Stephen Santelli, 28, told the crowd to applause in asking a question about education standards. "Look at what happened in November," Santelli lamented to reporters after the event. "John McCain was basically Democrat-light, and we lost the election. Move too much to the center and you lose the base...
...country turned out on April 15 for a series of "tea party" rallies. As many Americans hurried to beat the deadline for submitting their 1040 forms, demonstrators irked by what they consider high taxes and profligate government spending gathered in hundreds of locations. Sparked by CNBC commentator Rick Santelli's angry call for a Chicago Tea Party, the protests were organized on blogs and social-networking sites and backed by prominent Republicans...
...spending. However, if the protesters were protesting Obama’s profligate spending, then what connection is there to the Boston Tea Party at all? Furthermore, according to Karl Rove, “If [the tea party movement] has a father it is CNBC’s Rick Santelli, who called for holding a tea party in Chicago on July 4.” Yet Santelli was condemning homeowner bailouts—neither direct taxes nor spending...