The traders who are generally silent while he makes his comments were CHEERING!
One even grabbed the mike and chimed in and said "perhaps we should all stop paying our mortgages".
This Greg was pointing out that the free market WOULD CORRECT the forclosures and put the forclosed property at REAL market value with people who could actually afford to pay them.
he ended with "..are you listening President Obama? this is the silent majority."
If anyone can provide a transcript or video/tivo link this would help.
He just RIPPED the IDIOT who was from the Obama "freebie" administration. His video is here, http://www.cnbc.com/id/15840232?video=1039822893&play=1
It is IDENTICAL to what Rush was saying. Obama is only helping the impossible loan deadbeats. Obama is burning the homes of the silent majority america.
FOLKS IT WAS AMAZING AND NEEDS WIDER SPREAD!
HIS COMMENTS NEED TO GO VIRAL!!
BTTT.
Needs to be posted on youtube
Get this guy to a reeducation camp immediately!
The answer is "NO" - he won - just ask the arrogant SOB!
Awesome video. Thanks for getting the word out. Santelli is the man! Those metros in the studio are such tools. Mayor Daley’s sending in the police. The national guard. Mob rule. Putty in your hands. Just one snide, metro insult after another. But Rick was too quick for them, and shot down the studio puftas at every turn. “No they’re not putty in my hands...this is America!”
Rick Santelli has for months been forcefully advocating for allowing the market to correct its own excesses. CNBC permits him to speak freely, but his view didn't appeal to the Bush administration and doesn't appeal to our current administration. Our national politicians are now in the business of constructing financial featherbeds for the foolish.
I sent the link to The Corner, and it’s posted there now.
When obama is finished we won’t recognize the ashes of what was once the world’s greatest economy. This is what he was elected to do. He’s going to do his damndest to destroy t his country.
I'm going to give CNBC a piece of my mind for all the snarky comments to him from the studio guys!
Wow!
Leni
self bump
must-see for later ping
bttt for later
Take the clip and put it on youtube.
...Bravo, Rick Santelli...
Leaseman FOOLS!
Dugg! Digg it up to get this into the mainstream conscience...
http://digg.com/political_opinion/Frustrated_CNBC_Floor_Commentator_Obama_are_you_Listening