For a socionomist, the timing of the Tea Party’s emergence is not a surprise.
By Vadim Pokhlebkin
Elliotwave International
Thu, 15 Jul 2010
The Tea Party has gathered enough momentum to become a political force. According to an April Gallup Poll, “28% of U.S. adults call themselves supporters of the Tea Party.” (gallup.com)
Earlier this year, New York Times columnist David Brooks wrote this (underline added):
“Over the course of this year, the tea party movement will probably be transformed. Right now, it is an amateurish movement with mediocre leadership. But several bright and polished politicians… are unofficially competing to become its de facto leader. If they succeed, their movement is likely to outgrow its crude beginnings and become a major force in American politics.”
I realize the Tea Party itself is a politically charged topic. But set aside your personal opinions for a moment, and please read the quotes below. They are from Robert Prechter’s October 2003 Elliott Wave Theorist.
In that issue, EWI’s president gave several prescient forecasts regarding social life and politics in the coming bear market (underline added):
* “Social groups, including economic, political, religious, genders and classes, will polarize and splinter further. I.e., they will polarize both internally and with respect to opposing groups.”
* “Both patriotism and anti-government sentiment will grow into powerful emotional forces.”
* “Politics will become far more polarized, splintered and radical.”
* “The U.S. will accelerate its trend toward socialism. Opposition to that trend will be vigorous.”
* “Third parties will gain political clout and win local elections. Libertarians, greens and others will capture many local offices and probably at least one state government.”
I beg to differ with Brooks. The tea party movement is not an “amateurish” group. It is a grass roots movement started by Libertarians (and has nothing to do with the Republican party). It was designed to get local politicians that know the Constitution elected in cities and town across the states, but looks at the national politicians, as well. They keep each other informed and are not looking for a “de facto” leader. That would destroy the whole concept. The groups character is even different. In Flagstaff, they are afraid of guns while in Williams they are not, for example. They many not even agree on matters inside the group except that we want our rights back now!








