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Kevin Drum: TARP, the Tea Party, and Me

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Even though TARP eventually passed, September 29 was the key moment--the birth date of the Tea Party movement. It didn't get its name until CNBC's Rick Santelli famously ranted on air about Obama's housing rescue plan a few months later, but the spirit had been there ever since TARP was initially defeated. Tea partiers remain convinced that it was both unnecessary and a vast black hole for taxpayer money.

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