1773: No taxation without representation. 2009: No taxation without…er…anyway, no taxation

Jim Sleeper’s history lesson on the original meaning of the Tea Party

“the original Tea Party was a rebellion not just against a tax but against government favoritism for a global corporation it considered too big to fail.

With 17 million pounds of unsold tea languishing in the East India Company’s warehouses as other merchants’ teas glutted the market, there were rumors that the British government might even revoke the company’s charter and take over its management.

Instead, Parliament granted the company an exclusive license to sell tea; removed all duties; forfeited an annual payment the company had made to the government; and advanced a large loan.

Sound familiar?”

via Tea Party history: it was anti big-business | openDemocracy.

& while we’re uncovering the origins of one US day of note, don’t miss the Onion on the true meaning of Halloween: http://www.theonion.com/content/video/in_the_know_has_halloween_become

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