The "Tea Party"?

Am I witnessing history being made here? Are the very vocal but still rather small organizations around the nation that have organized and promoted the various "tea parties" and town-hall meetings actually be coming together to form a NEW third party in American politics?

Seems that a couple of thousand of these vocal conservatives have come together for a convention in the Nashville, TN area... and it is beginning to have an impact on Democratic planning for the 2010 and 2012 elections. I don't know much about it yet, mostly because the only real article I read about this convention was from the Washington Post and can hardly be considered objective in its nature... but it seems that this convention specifically avoided picking "leaders" so that the focus never shifted away from one group and onto another. In other words, no one set of issues or concerns are elevated above others by the very nature of "leadership" priorities. An interesting thought, that...

Much of the reporting seems to be on the "fractious nature" of the convention, because some of its initial supporters weren't given a prominent enough roll in the event... but this seems to be because the group as a whole doesn't want traditional structured leadership that might marginalize certain points and issues in favor of others (as stated above). This is the bias of the liberal media, in my opinion, and until I feel I have found objective views on the event, I am not going make any judgements.

Thoughts?