Credit where none is due: Tea Party populism
There’s a meme circulating that underpins so much of what’s wrong about current political discourse on both the right and left. I ran across an expression of it in a Frank Rich column published Saturday in the NYT:
Tea partiers hate the G.O.P. establishment and its Wall Street allies, starting with the Bushies who created TARP, almost as much as they do Obama and his Wall Street pals. When Steele and Palin pay lip service to the movement, they are happy to glom on to its anti-tax, anti-Obama, anti-government, anti-big-bank vitriol.
And again from Les Leopold writing at HuffPo:
Nearly all of the revulsion against the economic collapse and bailouts for the super-rich is captured and expressed by the Tea Party.
And another example in an almost touchingly naïve piece by Cenk Uygur of FDL that was remarked upon here last week:
I issue a challenge to the tea-party movement. If you’re true to your word, and you believe in protecting the American people and principles, and you think government is too big and hands out money to the wrong people, then join us in fighting against the biggest giveaway to biggest culprits. Fight the power of the banks with us.
We can argue about the tactics proposed by these critics until the cows come home. However, there’s an even more fundamental point to be made: The tea partiers aren’t against big banks and Wall Street masters of the universe. At the risk of belaboring the point, let me say it again and more obnoxiously in bold font and all caps:
THE TEA PARTIERS AREN’T AGAINST BIG BANKS AND WALL STREET MASTERS OF THE UNIVERSE!
To the extent that they have a coherent set of values at all, the tea partiers are against Obama, taxes and Big Gummint. But Wall Street and the banks? Despite the conventional wisdom, I see very little evidence of their opposition.
Consider the rant that arguably kicked off the whole tea party spectacle—CNBC analyst Rick Santelli’s call for a new Boston tea party from the floor of the Chicago Mercantile Exchange:
“Why don’t you put up a website to have people vote on the internet as a referendum to see if we really want to subsidize the losers’ mortgages or would we like to at least buy cars and houses in foreclosure and give them to people that might have a chance to actually prosper down the road and reward people that carry the water rather than drink the water.”
“This is America! [Santelli gestures at the traders] How many of you people want to pay for your neighbor’s mortgage that has an extra bathroom and can’t pay their bills. Raise their hand. President Obama, are you listening?”
On the Tea Party Express site’s About page, there are links to a pair of videos of two dreadful songs that are performed at tea party events coordinated by this group nationwide. I won’t subject you to the videos in their entirety (click above and follow the links if you’re feeling masochistic), but here are lyric excerpts that capture the zeitgeist:
American Tea Party Anthem by Lloyd Marcus:
You want to take from achievers
Somehow you think that’s fair
And redistribute to those folks
Who won’t get out of their easy chair
Here’s the other:
A Bailout Song by Ron and Kay Rivoli
I spent way too much money cause my bank told me I could
And I refuse to live within the means I know I should
The fact I can’t afford it didn’t slow me down one bit
I get instant gratification when I say, “Hey just charge it.”
Does that sound like anti-fat cat populism to you? It sounds like a 21st century recycling of Reagan’s Welfare Queen trope to me. These folks aren’t against the Gordon Gekkos—they reserve their sneering and contempt for the people who signed up for tricksy loans.
Does this point even matter? Honestly, I’m not even sure—the conventional wisdom is so ingrained. But it seems to me a rather important distinction, especially in a volatile political environment in which people on the left are proposing alliances with the very groups they so fundamentally misunderstand.
It may also have implications for those on the left who are wringing their hands about the Democrats’ ceding populism to conservatives and wondering how on god’s green earth we’re going to reclaim the party of the little guy label. To give credit where it’s due, in the linked piece above, Uygur rightly notes that the people funding these tea party outfits have no interest in regulating banks and putting the brakes on corporate influence—quite the opposite, in fact.
Where Uygur errs is in thinking the rank and file teapartiers give a rat’s ass about that. They don’t; they are driven by the politics of personal resentment just as their fathers were during the Reagan era. To the extent they think about fat cats at all, it is to aspire to their ranks and frame them as Randian heroes against Big Gummint looters.
Perhaps that leaves the populist mantle up for grabs, no? Just a thought.
Posted by Betty Cracker on 01/18/10 at 11:33 AM • Permalink
Categories: Politics • Bedwetters • Nutters • Our Stupid Media •

