The Tea Party movement’s protests captured the headlines during much of 2009 and 2010. Most accounts suggest that the movement began when Rick Santelli, a business news commentator, launched an unscripted, live, televised attack on what he saw as taxpayer-funded ‘bailouts’ for ‘losers’ and government expansion. He was speaking from the floor of the Chicago Stock Exchange less than a month after President Obama’s inauguration. Santelli appeared at one point to recall the Boston Tea Party of 1773, thereby giving the movement its name (although there have also been suggestions that ‘Tea’ stands for ‘Taxed Enough Already’).
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