Tea Party founder supports Occupy Wall Street

Occupy Wall Street has been compared to the Tea Party. There are many similarities between the two. Both movements started as protests against the banks and the bailouts. Later the Tea Party was co-opted by Fox News, but will Occupy Wall Street suffer a similar fate? Karl Denninger from The Market Ticker looks further into the similarities and differences.

Don’t let your movement gets hijacked, Denniger says, adding that the lack of a list of demands is a good thing. Bottom line: “The American people know they’ve gotten hosed… and it all came from New York and Washington D.C.”