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Investment Business Daily Editorial

August 4, 2011

On August 1st Investment Business Daily editorial headlined: Tea Party, Fix Your Gaze On 2012.

The article ended with this quote and comment:

As Sun Tzu advised, “He who knows when he can fight and when he cannot will be victorious.” For the Tea Party, now is the time to lock and load and wait till next year.

The Tea Party House members are getting a lot of credit for changing the dynamics of the debt ceiling discussion. And rightly so, in face of stiff opposition from their leaders, the establishment GOP and the President they held on to their principals and were able to rule the day.

But the IBD quote used terminology directly attributable to Sarah Palin. When she was on the campaign trail to get Tea Party candidates elected in 2010, she used the now famous visual of “targeting” specific districts for potential takeover. The success of Tea Party candidates and Palin’s direct support to help them out proved to be a winning combination. We now have the possibility of a balanced budget amendment.


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