Tea Party vs OWS
by digby
I have a new long piece up at Al Jazeera today on the Tea Party vs Occupy Wall Street
I suppose it was inevitable that the burgeoning Occupy Wall Street movement would be compared with the Tea Party, but the level of misunderstanding and myth surrounding the latter’s “populist” bona fides is surprising to even the most cynical observer.
There may be surface similarities between the two uprisings, but they actually represent two opposing populist worldviews, whose only philosophical resemblance to one another is their belief that they speak for “the people” against the elites. While both movements are mainly concerned with economic issues, their beliefs about the causes and solutions they propose couldn’t be more different.
One of the central myths about the Tea Party is that it came about as a reaction against the Wall Street bailouts. It’s true that there were some scattered “Tea Parties” around the Ron Paul campaign in 2008, but virtually everyone agrees that the movement was really galvanised by a famous rant from CNBC anchor Rick Santelli from the trading floor of the Chicago commodities exchange.