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Occupy Movement same as Boston Tea Party that founding fathers protested


I noted yesterday:

The Founding Fathers hated big corporations. See this, this and this. They were as suspicious of big corporations as they were the monarchy. So they only allowed corporate charters for a very brief duration, in order to carry out a specific, time-limited project.

As James Madison noted:

There is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by…corporations. The power of all corporations ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses.

Indeed, while the Boston Tea Party was a revolt against taxation without representation, it largely centered on the British government’s crony capitalism – and disproportionate tax breaks – towards the East India Company, the giant company which dominated the tea market and hurt small American business.

Protesting against the government propping up today’s giant banks – who are ruining the chance for small businesses to have a fair chance at competing – is exactly the same idea.

As I’ve repeatedly noted, the “Tea Party” movement starting in 2009 was also originally centered on the protesting government bailouts of the giant banks. See this, this, this, this and this.

While it was quickly hijacked by the mainstream Republican party, Sarah Palin, Neocons and others, the Tea Party was originally an anti-crony capitalism, anti-corruption, anti-bank bailouts protest. As such, it really was originally modeled on the Boston Tea party.


1 Comments in Response to

Comment by David Jackson
Entered on:

     Does anyone ever bother to read their own posts?

     In what universe is a bunch of abused and disgruntled American citizens analogous to a bunch of colonial businessmen who didn't feel the King was being fair to them? [He wasn't.] Can anyone say, trade deficit or restraint of trade?

      There isn't anything about the "occupy movement" that resembles the colonial tea traders and merchants pissing and moaning because the King's tax breaks made it nearly impossible for them to turn a profit.


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