Posted on 02/19/2009 10:26:54 AM PST by Federalist Patriot
This is just amazing! Rick Santelli of CNBC on the floor of the Chicago Board of Trade this morning absolutely calls out President Barack Obama on his plan to essentially make taxpayers pay for people who took out bad mortgages. Santelli says:
'The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard.'He even suggests what we may need is another "Boston Tea Party!" . . . . (Watch Video)
(Excerpt) Read more at freedomslighthouse.com ...
Then you didn’t look very hard.
Facebook has a group called The Capitalist Tea Party Ricks Revolution. I dont know how to issue invitations to people whose emails I dont know, so Im just putting it out there.
Join!
First of all, I was not the poster. Someone else was. I read his post and was glad that it was posted.
As for your comment above, how am I supposed that something exists unless I'm informed of its existence? For example, was I to know this story (below) exists?
"CNBC's Rick Santelli Hammers Obama on Subsidizing "Losers' Mortgages" - Video 2/19/09"
"Hi. I'm RetiredArmy. I know everything."
I agree and heavy on the Ditto’s.
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