Results tagged “chicagoteaparty”

In this week's Chicagoist Podcast, since we've seen a number of high-profile protests in Chicago over the past few weeks, Kevin and I thought we'd take to the air to discuss our experiences and our perspectives on the two No Games Chicago rallies we attended, as well as the more recent Tea Party.

Remember CNBC's Rick Santelli's now-legendary rant against President Obama's stimulus package? It called for a Chicago Tea Party in July. Never ones to sit on their haunches, however, those agreeing with Santelli got an early jump on a protest, demonstrating back in February and have already scheduled another protest for tomorrow's more appropriate tax deadline. While there will be many protests held throughout the state, the Chicago protest will happen tomorrow at high noon at the Kluczynski Federal Building Plaza - conveniently right next to the post office where you can mail your taxes!

           

It wasn't that long ago that CNBC's Rick Santelli gave his memorable rant from the floor of the Chicago Board of Trade and asked for a Chicago Tea Party. In his rant, he called for the tea party in July, which makes sense as it's the sanest time of the year to go to the lake. But supporters of Santelli's position had another idea and last Friday gathered at the Federal Plaza downtown to protest the new economic stimulus package recently passed by the U.S. Congress and signed by President Obama. The divisive package has struck a nerve, particularly in terms of those opposed to the bail-out for mortgages. The protest, which happened this past Friday, was one of many across the nation including St. Louis, Atlanta, and Washington D.C. Below is video from Chicago's Tea Party.

We know some folks have an issue with President Obama's new stimulus package, but damn, Rick. CNBC analyst Rick Santelli, reporting from the floor of the Chicago Board of Trade, went on an epic rant regarding the stimulus package saying, "The government is promoting bad behavior," before turning to the traders on the floor and whipping them up into a frenzy. He also calls for a Chicago Tea Party in July, saying - at the 2:10 mark - "All you capitalists that wanna show up to Lake Michigan, I'm gonna start organizing it...I'll be dumping in some derivative securities..."