tea baggers posts

Feed

Was the teabagging ceremony a News Corp marketing event?

As I posted Tuesday, some people took time off to protest yesterday. I am not sure what exactly they object to or what they want. It appears that they don't like paying taxes and they object to government spending. Although they may not have realized it, their real purpose was to help News Corp (NYSE: NWS) to whip up the faithful who watch Fox News and boost its viewership so it can sell advertising.

How did things turn out for those folks? Yesterday a few hundred people stood in the rain outside the White House and a few hundred more did the same in Philadelphia. But in places like Texas and Utah, there were more tea baggers. 1,000 cheered Governor Rick Perry who suggested in Austin that Texas might secede from the U.S. And a crowd booed Governor Jon Huntsman of Utah for accepting $1.5 billion in federal stimulus money.

Here's the thing. There are 300 million people in this country and enough of them vote so that the thousands of people who showed up at the 750 teabagging ceremonies are not likely to make any difference -- even if they could figure out what they wanted to see change. Nevertheless, they have every right to voice their opinions and with the exception of the White House protest -- which was stopped when a protester threw a package onto the White House lawn -- they did.

Continue reading Was the teabagging ceremony a News Corp marketing event?

Are tea baggers traitors or spitballers?

There seem to be a few folks with too much time on their hands and a huge amount of frustration over losing last November. And tomorrow they're going to have a little party -- a nationwide protest in 500 cities and towns is scheduled for Wednesday -- to let everyone know just how angry they are. I support their right to express their opinion about how the government is spending "their" money. As long as they pay their taxes, their tea bagging ceremonies are a little bit like throwing spitballs in a sixth grade history class.

If tea baggers were real patriots though, they would come up with real alternatives to fix the problems about which they're complaining. As best as I can tell, the teabaggers were inspired by an on-air rant by CNBC's Rick Santelli back on February 19 who complained that Obama's $75 billion bailout of mortgage defaulters "rewarded bad behavior." Interestingly, Santelli has no problem with the other $12.725 trillion -- out of a total of $12.8 trillion -- being spent to bail out Wall Street's bad behavior.

Continue reading Are tea baggers traitors or spitballers?

Symbol Lookup
IndexesChangePrice
DJIA-37.1910,741.98
NASDAQ-16.872,374.41
S&P 500-5.921,159.90

Last updated: March 20, 2010: 02:07 PM

Hot Stocks

General Electric

18.07-0.12(-0.66)

Alcoa

14.26-0.04(-0.28)

Apple Inc

222.2499-2.4001(-1.07)

Google Inc 'A'

560.00-6.40(-1.13)

Bank of America

16.82-0.26(-1.52)

Wal-Mart Stores

55.34-0.60(-1.07)

Exxon Mobil Corp

67.04-0.35(-0.52)

Ford

13.29-0.44(-3.20)

Citigroup

3.90-0.12(-2.99)

IBM

127.71-0.67(-0.52)

Yahoo

16.44-0.12(-0.72)

Starbucks

24.97-0.05(-0.20)

Microsoft

29.59-0.02(-0.07)

Home Depot

32.36-0.04(-0.12)

DailyFinance Headlines

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

CNNMoney Headlines

More CNNMoney.com

Financial Times Headlines

More Financial Times

CNBC Headlines

More CNBC.com

SmartMoney Headlines

More SmartMoney

Fox Business Headlines

    More Fox Business

    Engadget Headlines

    More Engadget