Quit Backing Losers – Rick Santelli
Finally someone gets air time over the ridiculous plans of the Obama administration. The amazing part is that CNBC couldn’t censor it, as it was live.
On CNBC’s “Squawk Box” Feb. 19, Rick Santelli, the Chicago Mercantile Exchange floor reporter, along with several traders, expressed his outrage about President Barack Obama’s plan to “spread the wealth” for people that didn’t deserve it. He said a stimulus should go to people who live responsibly rather than some sort of housing bailout to people that lived irresponsibly.
“If you want the economy to work, maybe we should give these perks to people who will carry some water down the road.”
Amen.
CNBC big wigs must have flipped out over this one.
Gawker media and the left wing blogs try to play this down, but the comments show where the real sentiment lies.
Enough of “Peggy The Moocher” – oops, I may get accused of playing the race card.
Ot looks like Americans are waking up, and the protests are gaining steam…
Rebel Yell: Taxpayers Revolt Against Gimme-Mania
UPDATE: The White House on Friday dismissed a cable television reporter’s criticism of President Barack Obama’s housing bailout plan as the ranting of an individual who “doesn’t know what he’s talking about.”
White House press secretary Robert Gibbs poked fun at Santelli by inviting him to come to the White House to read the details of Obama’s plan. “I’d be happy to buy him a cup of coffee,” Gibbs said. In a nod to Santelli’s caffeinated style, Gibbs then wryly added: “Decaf.”








