many Tea Party Republicans are in favor of the same bills favored by the financial industry. Take the Financial Takeover Repeal Act of 2013, a one-line bill sponsored by Sen. David Vitter (R-La.) that repeals Dodd-Frank and replaces it with nothing. This bill has 22 co-sponsors this year, including notable Tea Party senators such Mike Lee, Rand Paul and Ted Cruz.
The best way to explain the Tea Party and Wall Street is The enemy of my imaginary enemy is my imaginary friend. The Tea Party is in favor of imaginary Randian makers and opposed to imaginary Randian looters. Wall Street thinks the same. The only rift is who they imagine the looters and makers are. This is the problem with Randian thinking.