I think that we started calling them teabaggers because they were so hateful towards liberals - calling us lazy, stupid, welfare queens - thinks like that. Then they showed up to rallies with signs belittling the President, calling him a Marxist, Communist, Fascist, with bones going thru his nose, dressed in a lion cloth. Signs saying that he was a Muslim, send him back to Africa.
When Congress went on recess and went to their districts to discuss the Affordable Healthcare Act, they would interrupt to the point where townhalls couldn't even be held. Constituents would come out to listen to how "Obamacare" would benefit them, and instead they got a three ring circus. They literally stopped any discussion from occurring. We found out that people were being bused in by buses paid for by the Koch Brothers.
There was just so much hatred coming out from their movement, so much pure vile that it crossed a line. And at the same time, much of it was laughable. Seeing people wearing hats with teabags hanging from them holding signs that said "Keep the government out of my Medicare". Between the vulgarity, the pure hatred for our President and for people that support him - and the signs they carried, they became known as teabaggers.
And what is so sad about all this, is alot of what OWS has to say and what the grassroots Teaparty movement has to say is the same thing.
We are all fed up with Wall Street. We are all fed up with lobbyists. We want a government by the people, for the people - not the corporations. While our ideologies are quite different...liberals do believe in equality for all - and yes that does mean some entitlements, there still is common ground there. At what point will that discussion ever happen in this day and age is beyond me.
Hope that answers your question 
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