VIDEO: Tea Partiers Cheer the Downgrade of America’s Credit Rating

<a href="http://www.flickr.com/photos/fibonacciblue/4504021996/sizes/m/in/photostream/">Fibonacci Blue</a>/Flickr

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Is the tea party happy that Standard and Poor’s, the credit rating agency, downgraded the United States’ credit rating for the first time ever?

You’d think that was the case if you were in the crowd at a tea party rally in Fond du Lac, Wisconsin, on Sunday morning. The Tea Party Express rolled into that northeastern city as part of its tour to bolster the six GOP state senators facing recall elections on Tuesday. But the most shocking moment of the event wasn’t the vitriol spouted by tea party leaders, which has dominated news of the tour stops in recent days. Instead it was the cheers that erupted when one of the Tea Party Express’ speakers described the recent downgrade as the tea party’s fault.

Here’s what happened: Midway through the Fond du Lac event, Florida talk show host Andrea Shea King took the stage. She told the audience that commentators were describing the downgrade of US debt to AA+ from AAA as the “tea party downgrade,” laying the blame squarely on Congress’ right-wing faction and its supporters. But rather than boo those who claim the tea party caused the downgrade, the 200 or so Wisconsinites in attendance cheered, sounding almost proud to be blamed for the downgrade.

Here’s the video:

And here’s the transcript:

SHEA KING: This week—I wrote it down—they are blaming the credit downgrade on the tea party movement.

CROWD: Yeah! [Cheers, clapping]

SHEA KING: They are calling it “the tea party downgrade.” They are objectivizing [sic] us.

There you have it. At least here in Wisconsin, tea partiers are pleased that the full faith and credit of America took a knock, and are more than happy to take full credit for it.

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

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