Quotes of the day
posted at 10:35 pm on February 19, 2009 by Allahpundit
“I guess in the end, I believe in the founding fathers, and I believe that in America… the pursuit of happiness and to work hard and keep the fruits of your labor is something I believe in. And I’m not saying we should forget people who need help. But at the end of the day, Americans are strong and they’re charitable. I think what they have a problem with is that it’s force-fed via the government.”
*
“The segment couldn’t more clearly illustrate the disconnect between the financial-services sector, certain financial journalists, and, you know, ‘reality.’
This was CNBC’s worst performance in an entire week—since Michelle Caruso-Cabrera, Dennis Kneale, Roben Farzad & Co. made horses’ rear-ends of themselves trying to squeeze investment tips out of two of the leading thinkers on the global financial crisis, Nouriel Roubini and Nassim Nicholas Taleb.
What sent Santelli, CNBC’s hot-air, oops, “On-Air Editor,” over the edge? The homeowner bailout. Of course, he didn’t get himself into nearly this much of a lather over the trillions of dollars we’ve given to Wall Street welfare cases and the busted banks. Oh no.”
Blowback
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86000 96% to 6.6%
genso on February 20, 2009 at 12:26 AM
Wonder how the MSM are doing tonight after witnessing the backlash.
They must be so confused…All that hard work and the sheep aren’t buying it.
Chaos in the newsroom and the WH.
SPIN TIME!!
katy on February 20, 2009 at 12:29 AM
It won’t die if it’s truly popular and resonates (my word of the night).
I wish I could remember where I read this, but I think some politician the other week mentioned the phrase grocery line talk. He meant when something has gone viral to the point that it’s talked about in casual conversations–even with strangers. We need to Talk it up!
INC on February 20, 2009 at 12:30 AM
Yep…more overtime for the spin guys. Those people have been the hardest working people in the world the last month.
genso on February 20, 2009 at 12:31 AM
Obama can’t speak optimistically because by necessity he needs an environment of fear and hopelessness to build the dependence on government that’s required for his world view. In his view, there are always terrible problems for which government is the only solution. Think back to the rantings of his pastor. There was never any notion of hope, of perservering, of overcoming. It was nothing but grievance-mongering and blaming others.
Obama can’t convert to an encouraging leader, because he’d lose control over those who will eventually drag us out of this mess: Americans with a work ethic.
In the Chinese proverb, “give a man a fish, he eats for a day; teach a man to fish, he eats for a lifetime,” Obama believes only in the first part, not the second.
BuckeyeSam on February 20, 2009 at 12:31 AM
Fixed it for you
AZfederalist on February 20, 2009 at 12:31 AM
I told you my mother heard about it. That’ll be good for half of SC by tomorrow afternoon. ;)
genso on February 20, 2009 at 12:32 AM
Dang it, hate to screw up a sarcastic comment like that.
AZfederalist on February 20, 2009 at 12:32 AM
genso on February 20, 2009 at 12:11 AM
Oh happy day!
I just went over to eBay and got to bid on a 100 Quintillion Pengo note! This will put me somewhat above Carlos Slim and Bill Gates but still a bit below the Octomom.
As far as picking stocks or currencies, I couldn’t pick a money-maker if my life depended on it. I’m a petroleum geologist and I’m good at finding oil, but I’m also the genius who sold over $12,000 of Microsoft in November, 1987. That would be worth close to 10 million or so right now..
I’ll stick to my oil and Pengos..
TexasJew on February 20, 2009 at 12:33 AM
I would imagine someone is looking into his taxes, parking tickets, marriage, and college transcripts as we speak. Damage control.
sherry on February 20, 2009 at 12:34 AM
Good! May it spread through Senior Citizens Centers across the land.
INC on February 20, 2009 at 12:34 AM
Damn you and your logic!! How dare you question the multiplier!
venividivici on February 20, 2009 at 12:35 AM
From a TV ratings/political leanings standpoint, this could really get to be fun.
Since Fox’s business news channel really hasn’t cleared enough basic cable systems to take a run at CNBC itself, Santelli’s attack — along with some recent comments by the in-the-past Democratic leaning Jim Cramer slamming Obama and the Democrats’ spending (Kudlow already was a lost cause for liberals and one of “the enemy” in their eyes) — can almost be seen as a preemptive strike against Neil Cavuto & Co., to keep FBN from doing to CNBC what Fox News has done to MSNBC.
Of course, if this is part of some big strategy, it’s going to eventually pit CNBC’s bottom line views than result in attacks on the Obama/Reid/Pelosi plans against those of the hosts on MSNBC, who have set themselves up as the Praetorian Guards Of the Airwaves for Barack and other liberal Democrats. NBC vs. Fox has had a little entertainment value; NBC vs. NBC would be a laugh riot, especially if the ad billing numbers and ratings start going up on CNBC’s side.
jon1979 on February 20, 2009 at 12:35 AM
Tea Party, baby. And journalism died in 2008. The CJR is a joke.
VolMagic on February 20, 2009 at 12:36 AM
Very funny. Good luck on the bid…I’ve been wanting somebody to take down Carlos Slim. ;)
genso on February 20, 2009 at 12:37 AM
Ouch. I’m seriously thinking that my best investment strategy might be to document my portfolio history, pick some companies I might think about investing in and then write to the CEO or CIO with a copy of my investment history explaining that I’m thinking about buying their stock. I will then offer NOT to buy their stock if they send me a certain large sum of money. I’m thinking that this approach, as someone who recently invested in Circuit City after having gotten out of it once before, should net me a nice profit.
AZfederalist on February 20, 2009 at 12:37 AM
There is something here that I don’t quite understand. Well, something among many things that I don’t understand.
I thought that the bank/financial services bailout (TARP ?) was intended to releive the banks of the most “toxic” mortgages on their books.
Now, in addition, Obama is suggesting that we bailout certain homeowners who have mortgages in default with the banks and other lenders. And we’re going to do this, as best I can make out, by having the lenders renegotiate the mortgage loans to a low enough level of principal and interest that the homeowner can afford to make the new monthly mortgage payments and to do that, any reduction in principal below, I believe, $240,000 will be picked up by the Feds. And any lowering of interest rates below 2.0% will be picked up by the Feds. Thus, in theory, certain homeowners will get to keep their homes out of foreclosure because the Fed will pay to the Lenders what the homeowner cannot. This would, no doubt, relieve the banks of carrying Toxic, non-paying loans on their books. I thought that was what TARP was supposed to do? And if TARP didn’t do that, then what the hell did the banks/financial institutions do with all those hundreds of BILLIONS of dollars that were supposed to go to creating liquidity by resolving the Toxic Mortgage loans?
realwest on February 20, 2009 at 12:37 AM
Obama got hurt a bit today because he was tied up out of the country screwing around and making nice with the Canadians. It was dead time for him.
Something interesting to observe in the next few months–and forgive me for stating the obvious–but someone noted today that Obama is a bit of a sitting duck when he’s in DC. For now, his popularity rises when he’s out doing tent revivals. Let’s watch how many tent revivals he does in the few months. And when the weather gets better, I’ll bet we’ll see a return to the stadium gatherings.
BuckeyeSam on February 20, 2009 at 12:38 AM
No, they have to live with him now. The last thing they want is a martyr and JTP, popular as he was, didn’t have others in the media applauding him like Santelli has. How he is treated on TV in the morning will say a lot, IMHO.
genso on February 20, 2009 at 12:39 AM
Yet another example of the emotional nature of leftism. Santelli is talking about the principles of individual responsibility, voluntary charity and the right to the fruits of one’s own labor. Ryan talks about three or four hard-luck cases and getalife’s ready to tax half the country to pay for the bad decisions of the other half without asking any further questions.
Is anyone home in that head of yours?
venividivici on February 20, 2009 at 12:40 AM
It isn’t about guts, it is about arrogance, political opportunism, competancy and balls.
Expect more, much more. Expect more doom and gloom. More money dropped down from helicopters and parachuted into pet projects and Democrat constituencies. Expect more race dialog clap trap…because that’s how the rest of us get the cram down.
The problem is not guts, its a matter of balls and he’s got a lot! He and his ilk will be reaching their hands into all of our pockets for as long and far as into the future the eyes can see. He and his cronies think its better for them to spend my family’s money on Acorn race pimps and field mice than on my kids education or taking my daughter to see a movie.
Our only hope is that we’re starting to see some cracks in the mirror. Now we just need someone with mega bona fides to unload of Eric Holder for his nation of cowards comments.
moxie_neanderthal on February 20, 2009 at 12:40 AM
Good Point!
But if this guy is as fired up as we saw and he knows the American people are fired up as well, it won’t matter what they find. I hope he says, bring it on!. And if they do, this guy will have more than a leg to stand on considering Obama’s stellar record of appointments lately. This is too juicy!!
katy on February 20, 2009 at 12:41 AM
Funniest and smartest market strategy I’ve ever seen. Good luck with that.
genso on February 20, 2009 at 12:41 AM
Good point. He can clearly hold his own but I bet they drill the “losers” reference and continue to play the race card.
sherry on February 20, 2009 at 12:44 AM
Bring it. I think they’ve over-played that card too. But, it’ll be something we have to face eventually. Once you have momentum, its not the time to be hesitant.
genso on February 20, 2009 at 12:46 AM
Nah..no worries..I appreciate the effort, my friend. Too much beer…but I still think I was on the right track…
AUINSC on February 20, 2009 at 12:47 AM
Exactly.
Alana on February 20, 2009 at 12:49 AM
And the crowds will be huge in anticipation of winning the showcase showdown. Who wouldn’t drive 50 miles to get a new shiny kitchen.
sherry on February 20, 2009 at 12:50 AM
Actually, there is still a consumer credit meltdown that the market has to cope with.
genso on February 20, 2009 at 12:51 AM
Obama may not have the crowds at these revivals if this pressure continues….He’s not had opposition in his career. It’ll be interesting to see how he handles this.
katy on February 20, 2009 at 12:51 AM
Gilt-Edged Pensions
Read it and weep.
MB4 on February 20, 2009 at 12:52 AM
I agree and I have to laugh. When I first heard “spread the wealth around”, I was jumping up and down screaming It’s Over! It’s Over! I thought for sure that would be the nail in the coffin but this thing does have legs because it is black and white and every mortgage-paying homeowner feels it.
sherry on February 20, 2009 at 12:53 AM
They’ll bus in the ACORN crowd but the luster just won’t be there going forward.
genso on February 20, 2009 at 12:53 AM
And don’t forget about people like me who own with no mortgage. I didn’t pay mine off to have to pay one for someone else.
genso on February 20, 2009 at 12:55 AM
They’ll promise stimu-cash for all participants.
katy on February 20, 2009 at 12:57 AM
katy- LOL! I’m sure that’s a budgeted expense in the bill somewhere.
genso on February 20, 2009 at 12:59 AM
OT. the pressure continues… Rush has a letter to Obama coming out tomorrow in the WSJ confronting him on the FD.
Keep the jabs coming one after another…
http://online.wsj.com/article/SB123508978035028163.html
katy on February 20, 2009 at 12:59 AM
I voted for Santelli, and I think that getalife ought to, along with the CJR, BUT we do need to face the facts: There will be a lot of pain of the sort hardly anyone – least of all the youthful Obama supporters – remembers from his or her real lived experience. It will get ugly if and when we stop snow-blowing bales of dollars bills at the monster – whether we stop because we’ve run out (likely) or whether we’re smart enough to stop before then (less likely). Might want to be ready for it. Oh yeah, and every time we’ve made even the slightest progress, the getalife types will start screeching at the top of their lungs about how we have to rev up the snow-blowers again.
CK MacLeod on February 20, 2009 at 1:02 AM
That was very disturbing. Higher pay than the private sector, firm benefits and hefty pensions. All on your dime. Makes you really want to get up in the morning and be productive.
sherry on February 20, 2009 at 1:04 AM
Stole this from the headlines-cnbc poll thread. I like it!!
katy on February 20, 2009 at 1:05 AM
Great link katy. Thanks. Rush covered about all the bases. Do you think Tapper will ask Gibbs about this letter tomorrow?
genso on February 20, 2009 at 1:07 AM
Wow. Thanks for the link.
tartan on February 20, 2009 at 1:10 AM
Now that would be sweet. Of course Gibbs won’t answer it but it will help spread the wildfires of discontent.
katy on February 20, 2009 at 1:13 AM
This is what continues to amaze me…. all these so called economists talking about the multipliers of government spending, and no one bothers to ask them, in this age of ever increasing deficits, how could we ever enter a recession in the first place.
BPD on February 19, 2009 at 11:22 PM
Damn you and your logic!! How dare you question the multiplier!
venividivici on February 20, 2009 at 12:35 AM
What the stupid people fail to understand is that the multiplier only works if it is money you already have. When you have to borrow the money to pump it into the economy you have to take it from the economy in the first place which means you are in effect causing a reallocation of resources. since the money as seen by the porkfest bill pasted last week is going for political causes instead of investments ypu actually have a mis allocation of resources so the multipler becomes a subtraction number. And economic output drops.
Now if the gov had say $2 trillion saved up in a rainy day fund then maybe the multiper might work the way people think it should. I have my doubts on this too…
unseen on February 20, 2009 at 1:13 AM
Katy, thanks for the link. My favorite part – “temporary custodian of the office”. I am going to start using that line.
sherry on February 20, 2009 at 1:16 AM
The CJR guy doesn’t see the difference between bailing out the banks, something the Fed is supposed to do to protect us all and bailing out individuals.
Don’t be so outraged over the benefits of the public sector, remember you’re also paying for the benefits of those working in the private sector each time you buy one of their products (cars, pharmaceuticals, groceries). And those benefits are usually much more expensive – i.e., golden parachutes, stock options.
Not bailing out individuals who are foreclosing impacts the value of all the other homes in the neighborhood and may prevent you from selling yours when you want to.
Don’t mean to be so glum, but you’re damned if you do and damned if you don’t. A Tea Party may get the useless jerks out of Washington, but we still have this mess to deal with.
mph on February 20, 2009 at 1:17 AM
Rick Santelli = Joe the Plumber on steroids
Barack Obama = Jimmy Carter on steroids
Baxter Greene on February 20, 2009 at 1:44 AM
(from the article)
“The trouble with socialism is that you eventually run out of other people’s money” –Margaret Thatcher.
Baxter Greene on February 20, 2009 at 1:53 AM
Of course, you do realize that you are all racists for not wanting to give all your money to losers, don’t you?
OldEnglish on February 20, 2009 at 2:27 AM
No it isn’t hard at all, unless you are a Kool-aid drinking Obamabot. And we’re not going to be cowed when folks like you start throwing the race card.
rockmom on February 20, 2009 at 2:44 AM
My gawd, and all this time I’ve been poor, white, & working and didn’t know my sentiments were being manipulated.
Thank you for setting me straight and I’ll just go kill myself now.
Limerick on February 20, 2009 at 3:10 AM
[patriot1 on February 20, 2009 at 2:33 AM]
I think before you say it’s hard to deny, you ought to attempt to show there is any semblance of truth to your assertion. Start at tiny grain and build from there, bud.
Dusty on February 20, 2009 at 4:48 AM
SAAB just filed bankruptcy.
quax1 on February 20, 2009 at 4:59 AM
GM tried to play hard with the Swedish government to get some bailout money. Didn’t work.
the_nile on February 20, 2009 at 6:11 AM
Great analysis. I agree. +1
Fuquay Steve on February 20, 2009 at 7:01 AM
Journalism as we know it, died long before that, my friend.
rightside on February 20, 2009 at 7:29 AM
Obama’s such a puss, criticism like this will get CNBC a visit from Rahm “deadfish” Emanuel.
anniekc on February 20, 2009 at 7:37 AM
Note to the CJR:
If you really care about homeowners and think the government should bail them out, how about we give the allocated billions to the people who put 20% down on their homes and have never missed a mortgage payment, but have seen their property values tank because of government sponsored social-engineering?
Sub prime borrowers who are in default can proceed to the nearest rental unit. All it takes is a moving van.
Buy Danish on February 20, 2009 at 7:42 AM
Yes, those poor, misunderstood homeowners are not at fault for any of this. Those evil bankers put guns to their heads and forced them to sign their names to those junk mortgage contracts they couldn’t afford. Those poor, unfairly-maligned homeowners didn’t really want to lie about their income and their assets, but gosh darnit there was just no other way they could get those junk mortgages, and it just wasn’t fair for these poor people not to have the big kitchens with the stainless steel appliances and granite countertops that other people had. It’s America! Everybody is entitled to own a nice house, whether they can afford it or not. Who cares if their only income came from welfare checks or unemployment benefits, or that they’re illegal aliens? They’re “God’s children” too, and they’re entitled to have whatever other people have. We at The Audit understand that. Why can’t the rest of you racist, bitter clingers get on board?/
AZCoyote on February 20, 2009 at 7:45 AM
That’s true, but journalism didn’t “die” in 2008, it turned into a blatant and shameless arm of the idiot messiah’s campaign and worked to actually perpetrate a coup, bringing a moron marxist into power. While the press has been anti-American for a while, there was, at least, the veneer of respectability left. In 2008, that all disappeared and the press pushed itself forward as an agent of political fraud that went a long way to insure that we got the most inexperienced, dumb, anti-American person ever to sit in the White House.
This was a replay of Dan Rather’s treasonous 2004 lies (for which he should have been prosecuted and harshly sentenced), but on an industry-wide scale. I blame Bush, to some extent, since he let Rather and CBS get away with a direct attack on our political system, and that led the rest of the traitors in the press to feel that they could attack America with impunity.
Journalism died long before 2008, but it became an instrument of the coup of 2008. When this period is over and all of the idiots are out of office (removed, forced to resign, or however it is done) those in the press need to answer and pay for their crimes. They have damaged the US beyond belief.
progressoverpeace on February 20, 2009 at 7:46 AM
I think you’re giving NBC way too much credit here.
Deep down guys like Cramer and Santelli are capitalists. They may be bleeding heart liberals but they’re not stupid. You don’t work as a trader for decades and not understand that what Obama is doing is financial suicide.
I think they like other Wall St Obamabots thought it would be super neat-o to have a black president and supported him. They assumed – like other tools namely Peggy Noonan – that Obama would govern as a centrist. Now that he is governing just like he campaigned, as a far left radical, they’re shocked I tell ya, shocked and are starting to lash out.
angryed on February 20, 2009 at 7:52 AM
SAAB died in 1989 when GM bought it. This is simply a long awaited wake for the once great auto maker. I own a 1989 9-3 turbo, the last model year before GM got its dirty fingers all over the brand. 20 years old, 250K miles and going strong.
Nice to see Sweden said no to a bailout though. Wish our DEAR LEADER would learn something from this episode.
angryed on February 20, 2009 at 7:56 AM
I just realized that back 10 years ago, what I and the wife had would have been a ‘sub-prime’ mortgage. It was our first house, and our credit was at best shaky. We wound up with a fixed rate of about 14%, which we were fully aware was bordering usury, but we went in with our eyes open and knew what we were doing.
We held that mortgage a year and refinanced, and got down to a pretty good average rate.
Now our credit rating is pretty much the max. I don’t recall being a victim of anything I was unaware of.
Why should other people (banks, investors, OR homeowners) expect other people to save them from their own mistakes?
snickelfritz on February 20, 2009 at 7:58 AM
Ha. You wake up on your game. Today might be fun.
genso on February 20, 2009 at 8:00 AM
progressoverpeace on February 20, 2009 at 7:46 AM
Dead on analysis! Bravo…
Keemo on February 20, 2009 at 8:01 AM
Wow…124000 votes on the poll. 93% yes, 5.8% no. CNBC is playing this up big time this morning.
genso on February 20, 2009 at 8:03 AM
Unfortunately, there was a blogger here who kept saying that same thing and even went so far as to argue with many of us about how smart he thought the idiot messiah was (which I have yet to hear him retract).
progressoverpeace on February 20, 2009 at 8:04 AM
The banks were LOANED money.
RobCon on February 20, 2009 at 8:12 AM
genso on February 20, 2009 at 8:00 AM
Keemo on February 20, 2009 at 8:01 AM
Thanks. The coffee’s already flowing in torrents, here, and I’m hoping to just make it through another day of our government and press working to destroy our nation. I hope this country wakes up before it’s really too late.
progressoverpeace on February 20, 2009 at 8:14 AM
I will make all of you a bet… Not ONE Lib-retard will defend this or try to argue why it is that:
I live within my means, I save, work hard, buy an affordable house, make my payments, pay my taxes and…
I GET NOTHING FROM THE MESSIAH EXCEPT A BILL FOR:
Those that were “GIVEN” a house they could NOT afford, (even in the best of times), made poor choices and mistakes, don’t pay taxes, are on welfare and foodstamps, don’t want to work, made a bad investment, can’t read a payment schedule or mortgage contract…
So please do me a favor… You Liberals, walk next door, to your neighbor who IS doing the right things and ring his doorbell, then when he answers, tell him you want him and his family, that played by the rules, lived within their means and paid him mortgage, to pay YOURS and other losers also… Then get back here on HotAir and tell us how that went for ya… (thru your knocked out teeth and broken jaw)
The sucessful should NEVER pay the bill for the LOSERS, the workers should never pay for those that don’t work but could, the people that live with principals and morals and values should NEVER pay the tab for those that are lazy, make poor life choices and fail to play by the rules…
NEVER… Now try to defend STEALING MONEY thru taxes from those that earn and suceed to those that don’t!!!
I dare ya…
Mark Garnett on February 20, 2009 at 8:15 AM
Howard Dean tried to defend that this morning on CNBC and got his head handed to him by Ken Langone.
genso on February 20, 2009 at 8:20 AM
Agreed and I think even Keynes himself recommended the government run a surplus in boom times to have something set aside for lean times. Even though I think his theory is incorrect overall, it becomes even more incorrect when the part about running surpluses in boom times is ignored. There’s the multiplier: a stupidity multiplier courtesy of DC hacks who just can’t stop spending more than they take in.
venividivici on February 20, 2009 at 8:24 AM
I wonder my friend, how long before we hear the cry in earnest… To arms… To arms…
doriangrey on February 20, 2009 at 8:26 AM
I always had the suspicion Obama would lose the moderates. I just didn’t think it would happen so fast. I think the guy’s set a land-speed record for fastest alienation of a large voter bloc in the US. Which, unless there’s some master plan to enable him to stay in office beyond one term regardless of what the voters want, is fine by me.
venividivici on February 20, 2009 at 8:29 AM
And the elephant in the room that is the Social Security meltdown coming sooner than we care to think about.
Ann NY on February 20, 2009 at 8:29 AM
And it’s interesting to note that Keynes thought of himself as a fiscal conservative and thought of himself as saving the free market.
Ann NY on February 20, 2009 at 8:31 AM
Friends, this is really a very easy fight for Conservatives to win, big time… Just tell people:
Those that have paid their mortgages, worked hard, provided for their familys should NEVER have to pay, at the threat of jail, thru huge tax increases and redistribution for those that have made bad life choices, poor decisions, overspent and generaly F’d up…
(then use this line)
It’s NOT FAIR!!!!
Wussie, sissy, far left radical Liberal Progressives always like to talk about “feelings” and “fairness”… So turn it around on them… Ask your Socialist friends, “What’s fair about me paying someone elses mortgage?” Ask them to expalin that… They won’t be able to, or ask them to PAY YOUR MORTGAGE for YOU! See what they say…
There is NO defense for this redistribution of wealth, wealth transfer, handout to losers… It’s not FAIR!
rofl
Mark Garnett on February 20, 2009 at 8:34 AM
It depends, I think, on how much more blatant stupidity we get from the federal government. Most likely, though, it will come after capital has already left this nation.
I am keeping a close watch on Holder and seeing if he is forced to resign. To me, this is a big sign, since what he said was so out of line, and so insane, and so anti-American, that I am going to base much of my assessment of our future on that.
I really have to read up on Bolshevik Russia and see the actual details of what they did after they got into power.
progressoverpeace on February 20, 2009 at 8:35 AM
progressoverpeace on February 20, 2009 at 8:14 AM
A revolution is already brewing my friend. The reinvent of the fairness doctrine will be the launching pad.
In the meanwhile, Liberals in my area are getting the Obama signs off their cars and going undercover. Won’t be long now, when the words Liberal Democrat are only spoken in safe houses. Yep, hopenchange has come with a very high price. Obama, Pelosi, & Reid will go down in history, only not the way they had envisioned. The first Black potus turns out to be another black guy with a huge chip on his shoulder; who would have thunk it!
Keemo on February 20, 2009 at 8:37 AM
I will make all of you at HotAir a bet… Not ONE Lib-retard will defend this or try to argue why it is that:
I live within my means, I save, work hard, buy an affordable house, make my payments, pay my taxes and…
I GET NOTHING FROM THE MESSIAH EXCEPT A BILL FOR:
Those that were “GIVEN” a house they could NOT afford, (even in the best of times), made poor choices and mistakes, don’t pay taxes, are on welfare and foodstamps, don’t want to work, made a bad investment, can’t read a payment schedule or mortgage contract…
So please do me a favor… You Liberals, walk next door, to your neighbor who IS doing the right things and ring his doorbell, then when he answers, tell him you want him and his family, that played by the rules, lived within their means and paid him mortgage, to pay YOURS and other losers also… Then get back here on HotAir and tell us how that went for ya… (thru your knocked out teeth and broken jaw)
The sucessful should NEVER pay the bill for the LOSERS, the workers should NEVER pay for those that don’t work but could, the people that live with principals and morals and values should NEVER pay the tab for those that are lazy, make poor life choices and fail to play by the rules…
NEVER… Now try to defend STEALING MONEY thru taxes from those that earn and suceed to those that don’t!!!
I dare ya…
Friends, this is really a very easy fight for Conservatives to win, big time… Just tell people:
Those that have paid their mortgages, worked hard, provided for their familys should NEVER have to pay, at the threat of jail, thru huge tax increases and redistribution for those that have made bad life choices, poor decisions, overspent and generaly F’d up…
(then use this line)
It’s NOT FAIR!!!!
Wussie, sissy, far left radical Liberal Progressives always like to talk about “feelings” and “fairness”… So turn it around on them… Ask your Socialist friends, “What’s fair about me paying someone elses mortgage?” Ask them to expalin that… They won’t be able to, or ask them to PAY YOUR MORTGAGE for YOU! See what they say…
There is NO defense for this redistribution of wealth, wealth transfer, handout to losers… It’s not FAIR!
This is a WINNING ISSUE with Moderates, Centerists, Conservatives across the board. Those of you wanting a “big tent”,(I don’t), here’s your chance, your issue…
Make it stick or beat them with a stick, whichever works!
Mark Garnett on February 20, 2009 at 8:41 AM
No, it’s not fair. In my particular case, my husband and I (under the loosey goosey lending conditions of the recent past) could have qualified for a jumbo loan and bought a substantial house. We decided that it wasn’t prudent to buy in bubble times and decided to wait. Now it appears that we are going to be paying for everyone who didn’t pay attention to what was going on, so either way we lost.
Ann NY on February 20, 2009 at 8:42 AM
Oh shoot… I am very sorry… I did not mean to repost that… Allah or Ed if this can be removed please… Sorry again folks… My mistake.
Mark Garnett on February 20, 2009 at 8:43 AM
Amen Ann NY,
Responsible = Stupid!
Irresponsible = Brilliant!
This is the world of the radical left… AND lazy welfare Americans…
Mark Garnett on February 20, 2009 at 8:45 AM
Hmmmm
doriangrey on February 20, 2009 at 8:45 AM
A lil piece from Rush’s show yesterday; can’t post the entire clip due to it’ size…
RUSH: Could it be, ladies and gentlemen, could it be the pulse of revolution began today? Perhaps even yesterday in Mesa, Arizona. What is apparent to me, ladies and gentlemen, your loyal, devoted host, is that President Barack Obama cannot kill the spirit of America. It cannot be silenced. It’s great to be with you as we kick off another three hours of broadcast excellence from the Limbaugh Institute for Advanced Conservative Studies. We are loaded today. And so let’s just get right to it. Obama spoke at Dobson High School in Mesa, Arizona. All the kids were kept in their classrooms. They got to watch it on closed-circuit TV. There is an advanced placement government class taught by a man named Jeff Sherrer, and a story here from Mesa Arizona News, the eastvalleytribune.com suggest that these students in Dobson High School weren’t buying any of what Obama had to say. This is a giant media mistake. How in the world this ever made it into print is beyond me, but it did, and now the nation is going to know about it.
Earlier this morning on CNBC reporter Rick Santelli reporting from the Chicago Board of Trade, I don’t even need to describe this for you. I’m just going to let you hear the audio sound bites. It was on the program Squawk Box. The coanchors Becky Quick and Joe Kernen, Carl Quintanilla talking with reporter Rick Santelli on the Chicago Board of Trade floor. Here is Santelli’s message for President Obama.
The revolution is here; the people of the United States of America against the US Government… It’s 1984 folks…
Keemo on February 20, 2009 at 8:46 AM
I think you’re right. I was thinking that amnesty was going to be the final straw, but the Unfairness Doctrine is looking to loom large.
That’s finally a sign of hope for this nation.
Exactly, Keemo. I often wonder if these people understand that they will be, at best, laughing stocks in the history books of the future. I think they will most likely be seen as the biggest fools ever (throwing away the greatest nation ever to have existed – for nothing), but there is a chance, if their idiocy is stopped, that they will only be seen as jokes.
progressoverpeace on February 20, 2009 at 8:49 AM
Someone, (evidently the Ayn Rand Institute won’t think of this themselves) should plaster the country with billboards saying “Who is John Galt?”.
Ann NY on February 20, 2009 at 8:53 AM
What a load. Nobody held a gun to the bankers who made crappy loans that they never bothered to properly underwrite in their rush to collect commissions and fees. Me thinks the fat cats doth protest too much.
starfleet_dude on February 20, 2009 at 8:56 AM
Yes, space cadet, they certainly did have guns held to their heads. Lenders were forced to make bad loans, at the risk of court action, protests against “racism”, loss of licenses, …
The government forced the mispricing of risk in the debt markets and that mispricing was propagated throughout the system by the arbitrage that is part of the fundamental mechanisms of the market.
After the bankers were FORCED to misprice risk, they jumped in with two feet. That’s how things work and only morons like you don’t understand these dynamics.
Get a brain.
progressoverpeace on February 20, 2009 at 9:02 AM
starfleet_dude on February 20, 2009 at 8:56 AM
Dude,
Do you actually comprehend any portion of the facts behind the cause of the mortgage meltdown?
Oh, why do I waste my time on you brain-dead Liberals…
Keemo on February 20, 2009 at 9:03 AM
I’ve lived in the DC metro area most of my life and have never worked for the government. If taxpayers saw the “work” done by the Federal “workers” and the pensions received for this “work” they would puke.
If the government was a business it would be bankrupt. Wait. It is bankrupt.
It’s disgusting.
ex-Democrat on February 20, 2009 at 9:04 AM
After reading the recent posts on this thread I have this strange feeling that something may be going the right way, for once. I’m having a fantasy dream, aren’t I? Surely the worm isn’t turning this soon, is it?
OldEnglish on February 20, 2009 at 9:04 AM
Maybe not, but lawsuits (by Obama himself) and ACORN protests and Congressional investigations, yes.
ex-Democrat on February 20, 2009 at 9:06 AM
Tea Party location:
http://www.resistnet.com/group/wethepeoplemarchonwashington
Be there or be enslaved.
Let’s roll.
ex-Democrat on February 20, 2009 at 9:07 AM
Somewhere, a bong is calling out for your caress. You should answer that call.
venividivici on February 20, 2009 at 9:09 AM
And the facts continue to roll out!
http://gatewaypundit.blogspot.com/2009/02/another-million-dollar-dem-donor-is.html
Keemo on February 20, 2009 at 9:10 AM
CNBC is really putting Santelli out front today and it seems that he’s picking up support from the other talking heads. Mark Haines just jumped on board.
genso on February 20, 2009 at 9:12 AM
As if all those subprime and alt-A loans made for homes costing upwards of $700K in places like California were done for the benefit of minorities. Seriously, the bubble was fueled by mortgage brokers who were in it for the commissions and after closing promptly unloaded them on banks who then created so much financial toxic waste in the form of mortgage backed securities they then sold to yet another investor, er sucker.
starfleet_dude on February 20, 2009 at 9:12 AM
Go over to HuffPo. You’re tracking crap all over the floor here.
genso on February 20, 2009 at 9:14 AM
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