The entire Tea Party Convention is a profit-seeking affair charging $560 a ticket — plus the cost of a room at the Opryland Hotel. Among the convention’s eight listed sponsors is Tea Party Emporium, which gives as its contact address 444 Madison Avenue in New York, also home to the high-fashion brand Burberry. This emporium’s Web site offers a bejeweled tea bag at $89.99 for those furious at “a government hell bent on the largest redistribution of wealth in history.” This is almost as shameless as Glenn Beck, whose own tea party profiteering has included hawking gold coins merchandised by a sponsor of his radio show…

Tea partiers hate the G.O.P. establishment and its Wall Street allies, starting with the Bushies who created TARP, almost as much as they do Obama and his Wall Street pals. When Steele and Palin pay lip service to the movement, they are happy to glom on to its anti-tax, anti-Obama, anti-government, anti-big-bank vitriol. But they don’t call for any actual action against the bailed-out perpetrators of the financial crisis. They’d never ask for investments to put ordinary Americans back to work. They have no policies to forestall foreclosures or protect health insurance for the tea partiers who’ve been shafted by hard times. Their only economic principle beside tax cuts is vilification of the stimulus that did save countless jobs for firefighters, police officers and teachers at the state and local level.