Posted on 02/19/2009 8:37:47 AM PST by kcvl
Per Drudge:
http://www.cnbc.com/id/15840232?video=1039849853
What is so frustrating is that it IS all laid out to see. Many have been connecting the proverbial dots for sometime now.
It’s certainly back-door something. With no lube.
I pray this movement catches fire fast before we lose the foundation of this country forever.
Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.
Karl Marx, Das Kapital, 1867
John Harwood is the worst puke on there. Oh, and then there's that moron that is the "economic advisor" to Biden. This whole thing would make a good comedy film if the consequences weren't sor dire.
I wonder how many Obammy voters are having buyers' remorse?
My supposedly smart neighbor voted for him because he was tired of his investments losing value.
I've been very nice and have not rubbed it in but I did send him the Santelli clip.
I don’t dispute we have been played. I am disputing whether it was a setup from the beginning, or whether clever people are taking advantage of a situation. I think it is the latter. We have been building up to a vulnerable economy for a long time: rampant credit to risky consumers, downgrading of moral principles of honesty and frugality, destruction of religious influences, welfare expansion with no expectation of leaving it, positing government as the solver of all problems. All this has left us with economic osteoporosis and we are seeing fractures.
We both agree radical treatment is immediately necessary, whatever the cause. We shall soon see how much this country deserves the freedom it has had and can still get again.
Except nowadays, you'd be labeled a terrorist.
Wow, if I would have kept my guns I think I would go out and buy more ammo today
No. That's the perfect place for it. We'll outnumber them.
Glad to hear about that. I was worried for Paul Allen for awhile.
Do I really need a /sarc tag?
I think too often BOTH liberals and conservatives give Marx too much credit for smarts. He was an intellectual thief who cut and pasted ideas and was NEVER right about anything.
From a different place, not in DC, and still campaigning.
I'm thinking we need a "President Pelosi" seal
Santelli actually quite often challenges anyone and everyone passionately on air.
Rush is all over it right now playing the audio. I hope this sparks a backlash to the new adminstrations ridiculous policies
CNBC has gotten really bad over the last half year. I've been watching since the FNN days and I have ticker "ghosts" on a couple of TVs but sheesh, they have seriously gone over to the dark side and I've had to switch.
Santelli has always been a voice of sanity, glad they haven't pushed him out yet.
Wow! You are already walking lock-step with Obama and you probably don’t even know it.
Do you know how many trees would have to sacrifice their lives for this?
Rick Santelli - great
Mark Haines - great
Steve Liesman - socialist loser, blowhard and a real putz
What we need is a leader!! any leaders out there!!!
UH...YOU CAN SPEAK UP ANYTIME...FEEL FREE TO
“This is the reaction of Wall Street to zero’s mortgage bailout plan that just came out yesterday. What’s breaking is that people are drawing the line at their tax dollars being used to pay off some deadbeat’s mortgage. For the first time someone had the guts to call zero out on live TV.... an NBC affiliate, no less. There were tons of angry calls into talk radio in NYC this morning. People are FINALLY outraged.”
Ok, that makes sense...but. Keep in mind that this is Wall Street’s reaction. Now whether or not those on Wall Street that are angry had any thing to do with the financial meltdown is immaterial. In the political realm, the American people to a large degree BLAME Wall Street.
So exactly from where would the ground swell of public support come if Wall Street wants to lead a revolt? If anything, the revolt would be against Wall Street and the 2008 election Democrat blowout is testament to that.
The point is that I think people have it backward. The revolt is occurring in the opposite direction from where many here perceive. The President was elected with a slim but still majority. The House has an overwhelming Democrat majority and the Senate has a significant but not impossible majority. The revolt has taken place and the majority has sided with the current government.
Any talk of a Wall Street revolt would yield a majority backlash. Yes, the 40% against Obama and the 37% against Democrats in Congress would support the Wall Street revolt but the majority would revolt against Wall Street’s revolt and have the power of the federal government to back them with socialist and confiscatory tax policies...precisely what has and will continue to happen.
I think things like this are counterproductive. The same thing happened in 1933 and the American people rewarded the Republicans with yet another congressional election thumping in 1934 after the massive socialist landslide in 1932. It has got to be approached differently or Republicans suffer the same fate.
These are the reasons I think Drudge is an ignorant sensationalist, he just doesn’t see the real numbers and situation that currently exists. He hears something on CNBC that is music to all of our ears and thinks this is significant when it has about as much consequence as a funny cartoon when it comes to the real world.
Rush is fanning the flames right now!!!! REVOLT!!!!
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