The Tea Party, which the media constantly tell us is an authentic grassroots social movement of outraged working-class Americans, began on the floor of the Chicago Mercantile Exchange – the center of the global derivatives market – when an enraged CNBC Business commentator, Rick Santelli, began screaming on camera about the Obama administration plans to offer some mortgage relief to people faced with foreclosure. Santelli said the people being kicked out of their homes were “losers,” and to prove it he appealed to the authority of the CME traders, whom he called a “cross section of America.” This was the “rant heard around the world” that launched the Tea Party.
THE TEA PARTY IS THE PARTY OF THE 1 PERCENT!
Sign on the Chicago Board of Trade (owned by CME group)
