Sometimes you just have to say, “That’s one ugly baby!”.
“Santelli directly responds to the charge by White House Press Secretary Robert Gibbs that he has not read Obama’s plan.”
I’d bet Obama hasn’t read the Congressional version of the “Stimu-Lie” plan either.
My bet is he read the original plan only. You know, the one written by Karl Marx.
Fascist bastards!
Way to go Rick!
I expected him to lay-back after the bullying from the omnipotent one.
I am very pleased that he isn’t.
Bravo, Mr. Santelli!
I am thoroughly heartened to see someone from the MSM finally pulling up their pants and taking off the kneepads. Maybe they’re realizing that a financial news program will be kind of pointless after the US has turned to Zimbabwe.
Rick 2012 :)
Now the world will see how an Italian drinks coffee!
Go Rick!
We need to do our part and make sure our Congresscritters hear from us tomorrow. We need to hlep our friends, family, co-workers understand that we should not be bailing mortgage banks out.
We have capitalized the banks tot he tune of $ 350 billion so far.
The banks can reset terms all they like—on THEIR dime.
And they will still make money, have no fear—that’s why mortgages are so desirable—ypu pay back four times what you borrowed over thirty years.
Interesting comments at youtube... do we have a shift in the sands already?
It’s hard to stop a man when he know’s he right and he keeps on coming.
Rick Santelli is right.
Man does not apply to Reichminister of Propaganda Gibbs or the Bamster.
The First Amendment will logically be the first one they suppress. The Second will be next when there is no alternative to the MSM to report on the attack. The rest of the Bill of Rights will go away soon after.
Santilli has a point, of course, but he’s missing the forest for the trees. The point of Santellis revolt is that 75 billion dollars is being spent to help “struggling” families repackage loans (and many of these folks are “under water” due to their own duplicity or stupidty, true) but this is a mere pittance in the terms of the gargantuan amount of money being thrown at the banks, the Wall Street wizards, and the rest of the rocket scientists who are the root of this problem. At the end of the day, of course, the question is the same question thats always been at the heart of economic politics: Which side are you on? And the answer, if you look at the hard data, is that most Americans are Grassroots Populists: those who think Wall Street and the government are colluding to rip off taxpayers, and who think the crumbs of aid for so-called losers that Santelli is ragging on is way too small not way too much.
The gap, of course, is in the portrayal. If you watch television or read op-ed pages, the Market Populists get most of the attention. Indeed, Market Populism is portrayed as the centrist mainstream sentiment in the United States. Meanwhile, Grassroots Populism (ie. seething populist anger at Corporate America) is depicted as the ideology only of a tiny fringe. Its as if the media is a funhouse mirror on society a bizzaro world where up is down, black is white, and free market fundamentalism is portrayed as a mass-based movement.