A financial blogger and ex-CEO credited with being one of the original "founders" of the Tea Party has come out against the movement, saying it has been hijacked by the very people it was protesting and is now obsessed with "guns, gays and God."
In a "message" to the Tea Party Wednesday, Karl Denninger declared that he "ought to sue" anyone who uses the Tea Party name "for defamation."
"Yeah, that's a joke," he writes. "But so are you. All of you. Especially Sarah Palin, Newt Gingrich, Bob Barr, and douchebag groups such as the 'Tea Party Patriots.'"
Denninger writes: "Tea Party my ass. This was nothing other than the Republican Party stealing the anger of a population that was fed up with the Republican Party's own theft of their tax money at gunpoint to bail out the robbers of Wall Street and fraudulently redirecting it back toward electing the very people who stole all the ****ing money!"
Denninger runs Market Ticker, a financially-focused blog that has been strongly opposed to bank bailouts and has railed against excessive government spending. He founded the group FedUpUSA in early 2008, shortly after the collapse of investment bank Bear Stearns.
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