Along with the Tea Party adherents and the other groups rising to challenge the direction being taken by Obama and the democratic Party are the Tenthers, supporters of the 10th Amendment which reserves, according to them, mostly military matters to the federal government and little else.

They feel that health care reform is unconstitutional, as are other federal efforts of the type.

Rick Perry of Texas is running a Tenth Amendment Town Hall.
Glenn Beck seems to be a supporter of this group.

Watch for more of these loosely organized groups to rise, and add to the Republican base in the next elections.

Digressions-
George Soros seems to be expecting more market turmoil, as he has doubled his holdings in gold (BBC News). Should we also be reducing our exposure in a volatile market?
(Of course the market sheep will buy gold, guaranteeing Soros a profit even if nothing happens in the market).

The takeover of smaller companies continues. One noted here in Canada is the purchase of California-based Zenith Nat. Insurance, a worker compensation Insurance company, by Fairfax Financial Holdings of Canada.

Royal Bank of Scotland, coming back strongly after its bailout by the UK government, has built a $500 million headquarters in Connecticut and rumors are that it plans purchase of one or more small financial institutions.
Stories in the Financial Times and NY Times.