This is from Karl Denninger. He co-founded the Tea Party specifically in opposition to the theft of taxpayer money to bail out failed companies and recently blasted its current incarnation as being about “the usual pablum. Guns, gays, God” and not about the economic crisis.
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.
Many of those brought on or kept on by the Obama Administration to get us out of the economic crisis are precisely the same people who created it. Worse, it’s obvious that massive fraud and criminality were rampant but the government still has made no criminal indictments, which is appalling.