Tea Party Movement
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Tea Party Movement
The Tea Party movement was an American fiscally conservative political movement within the Republican Party that began in 2007, catapulted into the mainstream by Congressman Ron Paul's presidential campaign. The movement expanded in response to the policies of Democratic President Barack Obama and was a major factor in the 2010 wave election in which Republicans gained 63 House seats and took control of the U.S. House of Representatives. Participants in the movement called for lower taxes and for a reduction of the national debt and federal budget deficit through decreased government spending. It urges the return of government as intended by some of the Founding Fathers. It also seeks to teach its view of the Constitution and other founding documents. Scholars have described its interpretation variously as originalist, popular, or a unique combination of the two. Reliance on the Constitution is selective and inconsistent. Adherents cite it, yet do so more as a cultur ...
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Fiscally Conservative
In American political theory, fiscal conservatism or economic conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility with an ideological basis in capitalism, individualism, limited government, and ''laissez-faire'' economics.M. O. Dickerson et al., ''An Introduction to Government and Politics: A Conceptual Approach'' (2009) p. 129. Fiscal conservatives advocate tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt. Fiscal conservatism follows the same philosophical outlook as classical liberalism. This concept is derived from economic liberalism. The term has its origins in the era of the American New Deal during the 1930s as a result of the policies initiated by modern liberals, when many classical liberals started calling themselves conservatives as they did not wish to be identified with what was passing for liberalism in the United States. In the United State ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ...
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Tea Party Caucus
The Tea Party Caucus (TPC) was a congressional caucus of the Republican Party in the United States House of Representatives, consisting of its most conservative members. It was founded in July 2010 by Minnesota Congresswoman Michele Bachmann in coordination with the Tea Party movement the year following the movement's 2009 creation. Bachmann served as the Caucus's first chair. The idea of a Tea Party Caucus originated from Rand Paul ( KY) when he was campaigning for the U.S. Senate in 2010. The Caucus was approved as an official congressional member organization by the House Administration Committee on July 19, 2010, and held its first meeting and public event, a press conference on the grounds of the U.S. Capitol, on July 21. A similar informal Caucus was formed in the Senate by four Senators on January 27, 2011.In the Senate, there is only one officially recognized caucus: the Senate Caucus on International Narcotics Control, as established by law in 1985. Unlike House cau ...
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Conference Call
A conference call (sometimes called an audio teleconference or ATC) is a telephone call in which several people share a telephone line at the same time. The conference call may be designed to allow the called party to participate during the call or set up so that the called party merely listens into the call and cannot speak. The more limited three-way calling is available (usually at an extra charge) on home or office phone lines. For a three-way call, the first called party is dialed. Then the hook flash button (or recall button) is pressed and the other called party's phone number is dialed. While it is ringing, flash/recall is pressed again to connect the three people together. This option allows callers to add a second outgoing call to an already connected call. Features Conference calls can be designed so that the calling party calls the other participants and adds them to the call; however, participants are usually able to call into the conference call themselves by ...
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Chicago Mercantile Exchange
The Chicago Mercantile Exchange (CME) (often called "the Chicago Merc", or "the Merc") is an American derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. For most of its history, the exchange was in the then common form of a non-profit organization, owned by members of the exchange. The Merc demutualized in November 2000, went public in December 2002, and merged with the Chicago Board of Trade in July 2007 to become a designated contract market of the CME Group Inc., which operates both markets. The chairman and chief executive officer of CME Group is Terrence A. Duffy, Bryan Durkin is president. On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX. CME, CBOT, NYMEX, and COMEX are now markets owned by CME Group. After the merger, the value of the CME quadrupled in a two-year span, with a ma ...
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Rick Santelli
Rick John Santelli (born July 6, 1956) is an American editor for the CNBC Business News network. He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for futures-related products. He is also credited as being a catalyst in the early formation of the Tea Party movement via a statement he made on February 19, 2009. Early life and education The grandson of four Italian immigrants, Rick John Santelli was born near Taylor Street in Chicago's old Italian neighborhood and moved with his family to Lombard, Illinois at age six. After graduating from Willowbrook High School in Villa Park, Illinois, Santelli attended the University of Illinois at Urbana–Champaign, where he was a member of the Alpha Sigma Phi fraternity and graduated with a Bachelor of Science in economics in 1979. Career Financial In 1979, he joined the Chicago Mercan ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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American Revolution
The American Revolution (1765–1783) was a colonial rebellion and war of independence in which the Thirteen Colonies broke from British America, British rule to form the United States of America. The revolution culminated in the American Revolutionary War, which was launched on April 19, 1775, in the Battles of Lexington and Concord. Leaders of the American Revolution were Founding Fathers of the United States, colonial separatist leaders who, as British subjects, initially Olive Branch Petition, sought incremental levels of autonomy but came to embrace the cause of full independence and the necessity of prevailing in the Revolutionary War to obtain it. The Second Continental Congress, which represented the colonies and convened in present-day Independence Hall in Philadelphia, formed the Continental Army and appointed George Washington as its commander-in-chief in June 1775, and unanimously adopted the United States Declaration of Independence, Declaration of Independence ...
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Boston Tea Party
The Boston Tea Party was a seminal American protest, political and Mercantilism, mercantile protest on December 16, 1773, during the American Revolution. Initiated by Sons of Liberty activists in Boston in Province of Massachusetts Bay, colonial Massachusetts, one of the original Thirteen Colonies in British America, it escalated hostilities between Kingdom of Great Britain, Britain and Patriot (American Revolution), American Patriots, who opposed British colonial mercantile and governing practices. Less than two years later, on April 19, 1775, the Battles of Lexington and Concord, also in Massachusetts, launched the eight-year American Revolutionary War between the British and the Thirteen Colonies, which ultimately prevailed, securing their independence and the establishment of the sovereign United States, United States of America. The target of the Boston Tea Party was the British implementation of the Tea Act of May 10, 1773, which allowed the East India Company to sell ...
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List Of Tea Party Politicians
The following American politicians were affiliated with the Tea Party movement, which was generally considered to be conservative, libertarian-leaning, and populist. The Tea Party movement advocated for reducing the U.S. national debt and federal budget deficit by reducing federal government spending and taxes.Gallup: Tea Party's top concerns are debt, size of government
''The Hill'', July 5, 2010
Somashekhar, Sandhya (September 12, 2010)

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Tea Party Protests
The Tea Party protests were a series of protests throughout the United States that began in early 2009. The protests were part of the larger political Tea Party movement. Most Tea Party activities have since been focused on opposing efforts of the Obama administration, and on recruiting, nominating, and supporting candidates for state and national elections. The name "Tea Party" is a reference to the Boston Tea Party, whose principal aim was to protest taxation without representation. Tea Party protests evoked images, slogans and themes from the American Revolution, such as tri-corner hats and yellow Gadsden "Don't Tread on Me" flags. The letters T-E-A have been used by some protesters to form the backronym "Taxed Enough Already". Commentators promoted Tax Day events on various blogs, Twitter, and Facebook, while the Fox News Channel regularly featured televised programming leading into and promoting various protest activities.
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Conservatism In The United States
Conservatism in the United States is one of two major political ideologies in the United States, with the other being liberalism. Traditional American conservatism is characterized by a belief in individualism, traditionalism, capitalism, republicanism, and limited federal governmental power in relation to U.S. states, although 21st century developments have shifted it towards right-wing populist themes. American conservatives maintain support from the Christian right and its interpretation of Christian values and moral absolutism, while generally opposing abortion, euthanasia, and some LGBT rights. They tend to favor economic liberalism, and are generally pro-business and pro-capitalism, while opposing communism and labor unions. Recent shifts have moved it towards national conservatism, protectionism, cultural conservatism, and a more realist foreign policy. Conservatives often advocate for strong national defense, gun rights, capital punishment, and a defense ...
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