Home > Off Blog > Tea Party Co-Founder Calls Out the Tea Party on Foreclosuregate

Tea Party Co-Founder Calls Out the Tea Party on Foreclosuregate

Karl Denninger, one of the founders of the Tea Party, takes on the Tea Party for refusing to speak out on foreclosuregate:

To The Tea Party: Go Screw Yourself

The Tea Party was initiated as a political protest against the unlawful and in fact unconstitutional usurpation of power from the Congress and The People in the form of extortion-led bailouts of enterprises that had engaged in acts that I, and many others, believe were at least civilly actionable and in many cases crossed the line into criminal activity.

This indictment is not limited to the nation’s large banks, although it certainly starts there.  The corruption of our economic and monetary systems runs the gamut from Fannie and Freddie through their ties to Congress (including literal sexual encounters in some cases), banking interests selling trash securities to everyone from pension funds on down, judges who don’t judge but rather protect monied interests on Wall Street, The Federal Reserve intentionally debasing our currency and monetizing government debt, government spending that is running 40% above revenues and much more.

In short, The Tea Party was and is about the the corruption of American Politics and the blatant and outrageous theft from all Americans that has resulted.  It is about personal responsibility and enforcement of the law against those who have robbed, financially ****d and pillaged the nation.

Yet today we hear literally nothing about these issues among the so-called “Tea Party” candidates and their backers.  Sarah Palin has not said one word about locking up the banksters that brought up on the housing bubble and economic collapse.  Not one word about Bernanke’s out-of-control Fed and the arguably unlawful monetization of Fannie and Freddie paper, not to mention the monetization of the Federal Debt.

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