Video: The obligatory “CNBC, Chicago traders dump on Obama’s mortgage plan” clip

posted at 1:20 pm on February 19, 2009 by Allahpundit

The way Drudge is hyping this, I thought there’d be a mob of brokers on the floor chanting “no justice, no peace.” In fact, it’s CNBC anchor Rick Santelli pitching some pro forma populism about the unfairness of having to bail out deadbeats to a few obliging hoots and whistles. Try decaf, Matt.

I’m all for the tea party, though. Who’s in? Exit question: You don’t really want the Octomom to have to live on the street, do you? Click the image to watch.


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2 3 4 5

“Wall Street got drunk”.

They are the fools that caused this depression.

getalife on February 19, 2009 at 3:11 PM

Oh, they got high with a little help from their congressional friends
Mm, they got high with a little help from their congressional friends
What do you see when you turn on the light
I can tell you that Dodd and Frank are a real fright
Oh, they got high with a little help from their congressional friends
They really let them sing out of tune
Yah, they got high with a little help from their congressional friends

MB4 on February 19, 2009 at 3:22 PM

‘Bout time someone said this on the boob-tube.

Are we wearing face paint and feathers this time, or just Dem costume used on the Red State Update when they talked about NASCAR?

AeroSpear on February 19, 2009 at 3:22 PM

If you want a tea party remember these famous words.

“Wall Street got drunk”.

They are the fools that caused this depression.

getalife on February 19, 2009 at 3:11 PM

There isn’t a depression and President Bush shouldn’t have said that about Wall Street.
Capitalism, including “Wall Street” and lucrative investment, works.
Ask a Cuban, a North Korean or a Russian, as Santelli indicates.

Jenfidel on February 19, 2009 at 3:22 PM

Wonder what they think about the gop socializing the banks?

getalife on February 19, 2009 at 3:23 PM

Wonder what they think about the gop socializing the banks?

getalife on February 19, 2009 at 3:23 PM

Dude. Try harder. You’re embarrassing yourself.

genso on February 19, 2009 at 3:25 PM

Michelle Malkin has some great photos posted from an anti-Obama policy rally that are long the lines of the trader’s rant.

Mutnodjmet on February 19, 2009 at 3:25 PM

Obama seems to have a stronger sense of what the nation wants right now than these talk radio shock jock demagogues these days.

Rick Santelli is a “talk radio shock jock demagogue???”
Hardly.

Obama. Who’s been in office for a months but somehow single handidly caused the economic crisis and is ruining the country.

He is causing it by constantly calling it a “crisis” every day and demanding that we pass more government “bailouts” to “fix” it, each one larger and more pervasive than the last.

I think people are getting stirred up, but not alot of people are, average Americans are on board.

DeathToMediaHacks on February 19, 2009 at 3:20 PM

You better hope, because Kool Aid sellers like you won’t be treated too kindly by those of us in the Silent Majority who are getting madder by the day.
57 million people did NOT vote for Obama.

Jenfidel on February 19, 2009 at 3:28 PM

Wonder what they think about the gop socializing the banks?

getalife on February 19, 2009 at 3:23 PM

The GOP didn’t socialize the banks: the DemocRAt-led Congress did.

Jenfidel on February 19, 2009 at 3:29 PM

I watch CNBC almost every morning and Rick is a bright, no- nonsense guy who calls it like it he sees it, with no PC undertones. He fits in well at the CBOT where he reflects that groups views. IMHO… Squawk Box is a lot more informative and telling about this country and its economics than ANY OTHER morning show. The business leaders there call ‘em like they see ‘em, and politics and political correctness be damned. Funny that they are part of the NBC Family

ChicagoBlues on February 19, 2009 at 3:29 PM

I like this idea, we should start a protest where we send those cheap $2 boxes of lipton tea (or whatever cheap brand you can find) to our favorite Democratic congressperson/senator.

Let’s start a tea party.

Pcoop on February 19, 2009 at 3:29 PM

Guess we’ll see. Obama seems to have a stronger sense of what the nation wants right now than these talk radio shock jock demagogues these days.

DeathToMediaHacks on February 19, 2009 at 3:20 PM

The audacity of hope was for his campaign
Fear and demonetization will be for his reign
His candidacy was rather like that of a Henry Houdini
His presidency is shaping up to be much more like that of a Benito Mussolini

Rush and Hannity he likes to bait
But if he had any wisdom to go down that road he would hesitate
As Obama’s snake oil starts to be seen through
He will add to his bag of tricks some more venom too
If scarin’ folks dont do the trick
His health care system will make you all sick
With Harry and Nancy he likes to whore
Wont be forever till more and more know the score
Neville Chamberlain he would never emulate
As he thinks that he thought too small and gave too little too late
When it comes to preaching hate
The Obama team just can’t wait

MB4 on February 19, 2009 at 3:29 PM

I am sure they all for socializing Wall Street after they caused this mess.

If you want to protest Wall Street, many Americans will join you but if you want to ignore their greed, you will lose.

getalife on February 19, 2009 at 3:30 PM

I think people are getting stirred up, but not alot of people are, average Americans are on board

How many more of these bailouts do you think the average American is going to put up with before the approval rating plummets even further?

Public opinion changes very quickly – I figure Obama’s got maybe two years, and that’s generous, for things to start getting a whole lot better before the public turns on him.

They won’t blame Bush anymore after about of year or two of this stuff. They’ll blame Obama.

Otis B on February 19, 2009 at 3:31 PM

I would gnaw off my left foot before falling delinquent on my mortgage.
The very fact that someone who is delinquent will be offered a better rate than what I currently have makes me want to vomit.

Eggzackly.

Alana on February 19, 2009 at 3:31 PM

They are the fools that caused this depression.

getalife on February 19, 2009 at 3:11 PM

Wrong—again—still. Now go back to your corner and put the dunce hat back on. Or go play in a freeway.

Rovin on February 19, 2009 at 3:31 PM

MB4 on February 19, 2009 at 3:29 PM

WOW

ChicagoBlues on February 19, 2009 at 3:31 PM

I am sure they all for socializing Wall Street after they caused this mess.

If you want to protest Wall Street, many Americans will join you but if you want to ignore their greed, you will lose.

getalife on February 19, 2009 at 3:30 PM

Do you have a cogent thought in your head? What are you talking about?

genso on February 19, 2009 at 3:32 PM

Um…did you rety refinancing? Rates are really low right now. My parents are nowhere near foreclosure and they just refinanced and got a killer new rate. Instead of bitching go out there and see what you can get. If your house is in good order and will get a strong re-appraisal you can get a great rate. The WHINING from the right these past few days has been hilarious.

DeathToMediaHacks on February 19, 2009 at 2:50 PM

Um, “my parents got a kller new rate”. DUDE! Wow, so did you like know that appraisals are down, b/c home values are down? There are a few areas where homes are like, holding their value, but not in most markets. So bitching about someone getting a better rate b/c they DIDN’T pay their mortgage is about all most people can do. Appraisals also cost $300-$400 bucks! So if your house doesn’t re-appraise for what it did 5 yrs. ago, you are out all that money.

So STFU as usual.

JAM on February 19, 2009 at 3:33 PM

Place: Your State Capital or DC – Arlington Bridge to the Capital.

Question: Wed April 15th or wait for July 4th when we all have more time?

Here is my pic – I’m the one the right (of course) ;) http://www.tntaxrevolt.org

sannhet on February 19, 2009 at 3:34 PM

Wonder what they think about the gop socializing the banks?

getalife on February 19, 2009 at 3:23 PM

Someone thinks that Bush is still President and the GOP still controls congress. Isn’t this quaint.

MB4 on February 19, 2009 at 3:38 PM

getalife on February 19, 2009 at 3:30 PM

Only fools such as yourself get angered at the perceived theft( wall street) of your pennies while the con man( congress) loots your bank account.

It reminds me of the outrage there was concerning the oil companies making 8% profit from their efforts, meanwhile the government made almost twice that in taxes with little to no investment at all. People like you are utter morons and you only fool other morons like yourself. GetaClue.

javamartini on February 19, 2009 at 3:39 PM

I watch CNBC almost every morning and Rick is a bright, no- nonsense guy who calls it like it he sees it, with no PC undertones. He fits in well at the CBOT where he reflects that groups views. IMHO… Squawk Box is a lot more informative and telling about this country and its economics than ANY OTHER morning show. The business leaders there call ‘em like they see ‘em, and politics and political correctness be damned. Funny that they are part of the NBC Family

ChicagoBlues on February 19, 2009 at 3:29 PM

I like Rick. He has a real Austrian school mindset. It’s good when he’s on with Leisman who has a slightly different perspective. They usually go at each other pretty energetically.

dedalus on February 19, 2009 at 3:40 PM

DeathToMediaHacks on February 19, 2009 at 3:20 PM

Did I say anything about talk radio? Obsess much? It won’t be some manufactured outrage directed by a shock jock when it comes, believe me. It will be millions of Americans fed up with quietly suffering while the social pathologies of their neighbors are richly rewarded. Let me remind you that we took a ball-peen hammer to welfare reform this week too. Reflect on the popularity of that for a moment. It was the domestic policy centerpiece of the last popular Democrat President. We weren’t all born eight years ago. People remember that stuff.

You really are tedious, you know that?

DeathToMediaHacks on February 19, 2009 at 3:17 PM

… and stubbornly ignorant to boot. And we’re about to see everyone re-learn the lessons that cost an entire generation its faith in government.

Rush Limbaugh did not engineer the last Reagan moment. He won’t be necessary for the next one either. He’s more likely to get in the way or blow the timing than he is to help.

DrSteve on February 19, 2009 at 3:40 PM

DJIA just tanked to 7400, here comes the crash. My 401(k) is bleeding dry… Oh Obammashiah, save my 401(k), buy giving me free money!!!!
Hey your doing it for everyone else, right?

ChicagoBlues on February 19, 2009 at 3:42 PM

The WHINING from the right these past few days has been hilarious.

DeathToMediaHacks on February 19, 2009 at 2:50 PM

People like this – you don’t seem to realize that this is all going to get you, too. You are also going to be dragged down.

Do you think you deserve that?

Alana on February 19, 2009 at 3:42 PM

dedalus on February 19, 2009 at 3:40 PM

Leisman is a Keynesian tool. Actually, I can’t decide if he is really Keynesian or just a Dem plant. He seemed fairly level-headed a year and a half ago when this stuff was first going down. Santelli kicks his butt daily, however.

genso on February 19, 2009 at 3:43 PM

like Rick. He has a real Austrian school mindset. It’s good when he’s on with Leisman who has a slightly different perspective. They usually go at each other pretty energetically.

dedalus on February 19, 2009 at 3:40 PM

They are fun to watch when they argue.

ChicagoBlues on February 19, 2009 at 3:44 PM

WOW

ChicagoBlues on February 19, 2009 at 3:31 PM

No God and no religion can survive ridicule. No political church, no nobility, no royalty or other fraud, can face ridicule in a fair field, and live.
- Mark Twain

MB4 on February 19, 2009 at 3:44 PM

Dow is trading at 7500 right now.

In June 1997 it was also at 7500.

On election day it was at 9625, so we are down 22% since THE ONE was anointed.

Man I’ll tell you that’s some crazy ass hope and change right there.

angryed on February 19, 2009 at 3:47 PM

When will everyone wake up and realize that both parties are screwing us? There is very little difference between the two nowadays. We should stop pointing fingers and take responsibility. We the people put these criminals in office, we the people should remove them…..or we get what we deserve…

We will never be able to fix this if we are divided Red and Blue….

This is not some feel-good Kumba-Ya hippie posting this…

Constitution1st on February 19, 2009 at 3:47 PM

believe riding the rail often accompanied tar and feathering. The only problem is that in Barney Franks case, he’d probably enjoy it a little too much.

FloatingRock on February 19, 2009 at 2:39 PM

True…True. Especially if the burly guys wore leather cod pieces and carried bull whips.

sdd on February 19, 2009 at 3:48 PM

Leisman is a Keynesian tool. Actually, I can’t decide if he is really Keynesian or just a Dem plant. He seemed fairly level-headed a year and a half ago when this stuff was first going down. Santelli kicks his butt daily, however.

genso on February 19, 2009 at 3:43 PM

Nah, Rick’s just got bigger, brassier, cojones!

ChicagoBlues on February 19, 2009 at 3:49 PM

getalife on February 19, 2009 at 3:30 PM

I believe you have a point that very greedy butt-heads on Wall Street did help us into our current mess. What you forget to mention is that you also have a lot of other blame to go around. How about some for Congress (Rep & Dem) who were asleep at the wheel? How about Carter and Clinton for forcing banks to make loans that were total crap? Or how about the idiots who took the loan in the first place? Human greed and ineptness led us into this mess. Only fiscal responsibility, less government interference, and reducing all of the pork will get us out.

txaggie on February 19, 2009 at 3:50 PM

angryed on February 19, 2009 at 3:47 PM

Market bounce…There goes my share of the bailout…

ChicagoBlues on February 19, 2009 at 3:51 PM

I submit that there are several portions of this video that can be re-wrapped into a new rick-roll clip.

Just think of the fun that awaits the creative among us.

platypus on February 19, 2009 at 3:53 PM

Leisman is a Keynesian tool. Actually, I can’t decide if he is really Keynesian or just a Dem plant. He seemed fairly level-headed a year and a half ago when this stuff was first going down. Santelli kicks his butt daily, however.

genso on February 19, 2009 at 3:43 PM

I think Rick can too-often believe that every problem can be resolved on a trading floor. Trading is great at price discovery but we’ve seen where even the great traders like John Meriwether can get blown up when the world fails to perform rationally.

Leisman and Santelli are an interesting dynamic since an overly laissez faire approach helped create this mess but the governments look like they are going to make things worse by coming to the rescue.

dedalus on February 19, 2009 at 3:54 PM

DeathToMediaHacks on February 19, 2009 at 3:20 PM

You better hope, because Kool Aid sellers like you won’t be treated too kindly by those of us in the Silent Majority who are getting madder by the day.

Jenfidel on February 19, 2009 at 3:28 PM

getalife on February 19, 2009 at 3:30 PM

Do you have a cogent thought in your head? What are you talking about?

genso on February 19, 2009 at 3:32 PM

In DeathToMediaHacks and getalife’s world everything is nonsense. Nothing is what it is because everything is what it isn’t. And contrary-wise; what it is, it isn’t, and what it isn’t, it is. You see?

Cheshire Cat on February 19, 2009 at 3:54 PM

Hm, makes me want to go re-read Atlas Shrugged

Sir Andrew on February 19, 2009 at 3:54 PM

Constitution1st on February 19, 2009 at 3:47 PM

Term limits is a good place to start. Get these lifer leeches out of office.

ChicagoBlues on February 19, 2009 at 3:54 PM

Market bounce…There goes my share of the bailout…

Bounce lasted about 12 second

angryed on February 19, 2009 at 3:56 PM

Hm, makes me want to go re-read Atlas Shrugged

Sir Andrew on February 19, 2009 at 3:54 PM

Just remember to stop at the end of part 2.

Count to 10 on February 19, 2009 at 3:56 PM

platypus on February 19, 2009 at 3:53 PM

I have to wait for my 14 year old computer wiz to get home from school to do just that…
Can’t wait to see…

ChicagoBlues on February 19, 2009 at 3:57 PM

This was a multisystem failure. Fixating on Wall Street’s greed to the exclusion of other factors (to wit, the greed and entitlement of folks who outright lied about their ability to repay a loan, and the politicians who would rather keep them happy than ask them to act responsibly) is a cartoonish and unserious take on the very complex issues involved here. I’m sad for you.

DrSteve on February 19, 2009 at 3:58 PM

Leisman and Santelli are an interesting dynamic since an overly laissez faire approach helped create this mess but the governments look like they are going to make things worse by coming to the rescue.

dedalus on February 19, 2009 at 3:54 PM

I disagree with your laissez faire analysis to this extent. There are many regulations already on the books that would have kept the market safer and much more orderly. Many of those regulations were overlooked or simply not enforced. Greed is a powerful force, however, if the SEC and the Fed had done their jobs, we likely would not be in this mess. Corruption is probably more to blame than greed in this case.

genso on February 19, 2009 at 3:59 PM

He is causing it by constantly calling it a “crisis” every day and demanding that we pass more government “bailouts” to “fix” it, each one larger and more pervasive than the last.

Oh Obama is forcing the government to print unemployment numbers? Obama is forcing the news to report corporations shrinking profits. Wall street is only reacting to Obama repeating economic facts and NOT those economic facts themselves. LOL The insanity of ODS rolls on and on and on. I think I may need to take my leave of this site for a while. It’s been fun, but no one here has anything new to say other than blame Obama for everything thats wrong with the world. Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

Allahpundit: I have to disagree. There was a lot of free-speechifying and support for Santelli. Not quite a “mob”, but as close as you can get from a group of rational capitalists.

I think the “Tea Party” idea is great. Let’s organize a mailing to all the supporters of the stimulus package. Personally, I am going to start with Snowe, Specter and Collins.

Mutnodjmet on February 19, 2009 at 4:00 PM

Mutnodjmet on February 19, 2009 at 3:25 PM

I was there at the protest yesterday. Took LOTS of photos, too. Unfortunately, the motorcade came to the school from such a direction that 0bama didn’t see a thing…..wouldn’t want to upset the One, you know….

The illegal immigration activists were out in fair numbers, too.

koz on February 19, 2009 at 4:00 PM

Wind mills and capping CO2 emissions are the answer. Also while we are at it, let’s restrict free speech. What’s the question? I guess there must be suffering before salvation.

Fuquay Steve on February 19, 2009 at 4:02 PM

Seattle, approx 500, Mesa approx 1000, Overland Park Kansas, this Saturday or next…..let’s see how many show up.

Write CNBC, and thank Santelli, and dvr show tomorrow……

Support whomever stands up.

Michael Steele wants to hip hop gop…what a doofus….so 60′s just like his and holder’s mustache.

I’ll take my heroes wherever they are, Joe the plumber, in seattle, in mesa, in overland park, on cnbc.

nondhimmie on February 19, 2009 at 4:02 PM

Bounce lasted about 12 second

angryed on February 19, 2009 at 3:56 PM

Please don’t let my attempt a humor mislead you. I am worried about this. I sit and watch my 401(k), and pension plan loose value, worry that a reappraisal of my home to get a “killer” re-fi will actually devalue my property(even though I’m on the back half of my mortgage). These are scary times. Now BHO wants me to pay for everone else. Humor is all I’ve got left.

ChicagoBlues on February 19, 2009 at 4:02 PM

It’s been fun, but no one here has anything new to say other than blame Obama for everything thats wrong with the world.

Well, Bush isn’t the President anymore, and we have to blame someone, right?

Otis B on February 19, 2009 at 4:02 PM

This was a multisystem failure. Fixating on Wall Street’s greed to the exclusion of other factors (to wit, the greed and entitlement of folks who outright lied about their ability to repay a loan, and the politicians who would rather keep them happy than ask them to act responsibly) is a cartoonish and unserious take on the very complex issues involved here. I’m sad for you.

DrSteve on February 19, 2009 at 3:58 PM

When the loan application is “stated income” instead of “verified income” the people buying the loan were forewarned that the income stated wasn’t worth the ink used. They didn’t model the risk properly, which is what their shareholders were paying them millions of dollars to do.

I do agree that it was a multisystem failure.

dedalus on February 19, 2009 at 4:03 PM

no one here has anything new to say other than blame Obama for everything thats wrong with the world. Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

What a whiny crybaby you are!
You’ve endured this for ONE MONTH, while we endured it for 8 years under President Bush and 8 years before that under President Reagan!
Man up.
Liberalism sucks: as long as you realize you’re defending the indefensible, nothing should bother you.

Jenfidel on February 19, 2009 at 4:03 PM

Guess we’ll see. Obama seems to have a stronger sense of what the nation wants right now than these talk radio shock jock demagogues these days. Rush Limbaugh these days has transitioned 100% back to 1992-1994 mode, except like fatter and perhaps even more angry. It’s hilarious. These folks used to claim that the “anger” of the left had distorted their minds and now they have all been transformed into raving lunatics at their anger at Obama. Who’s been in office for a months but somehow single handidly caused the economic crisis and is ruining the country. I think people are getting stirred up, but not alot of people are, average Americans are on board.

DeathToMediaHacks on February 19, 2009 at 3:20 PM

It’s obvious you have a real firm grasp of reality,when reading your post i often wonder if you really are this stupid or are you just trying to antagonize others.

heshtesh on February 19, 2009 at 4:04 PM

Oh Obama is forcing the government to print unemployment numbers? Obama is forcing the news to report corporations shrinking profits. Wall street is only reacting to Obama repeating economic facts and NOT those economic facts themselves.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

The markets are a forward looking mechanism, about 9 to 15 months out. It is pretty obvious what they see as the result of Obamanomics. … …

MB4 on February 19, 2009 at 4:05 PM

Only fiscal responsibility, less government interference, and reducing all of the pork will get us out.

txaggie on February 19, 2009 at 3:50 PM

That is Hoover think but thanks for a civil rebuttal.

Gig ‘em Aggies!

getalife on February 19, 2009 at 4:07 PM

Just remember to stop at the end of part 2 [of Atlas Shrugged].

Count to 10 on February 19, 2009 at 3:56 PM

Why? Galt’s speech is the best part of the entire book.

Sir Andrew on February 19, 2009 at 4:08 PM

That is Hoover think but thanks for a civil rebuttal.

Gig ‘em Aggies!

getalife on February 19, 2009 at 4:07 PM

You’ve yet to enter a civil debate. You come in the room fart and giggle and then leave. When you have something of substance with facts to back it up, come talk.

genso on February 19, 2009 at 4:10 PM

DeathToMediaHacks on February 19, 2009 at 3:59 PM

Good riddance. In a perfect world, your job would be outsourced to India.

PimFortuynsGhost on February 19, 2009 at 4:11 PM

I disagree with your laissez faire analysis to this extent. There are many regulations already on the books that would have kept the market safer and much more orderly. Many of those regulations were overlooked or simply not enforced. Greed is a powerful force, however, if the SEC and the Fed had done their jobs, we likely would not be in this mess. Corruption is probably more to blame than greed in this case.

genso on February 19, 2009 at 3:59

Enforcement was weak due to the disparity in talent between the SEC and the Wall Street banks. Regulations were insufficient for credit default swaps which didn’t require the party writing the swap to have enough money to pay off a default event. This was a very big reason why the taxpayer is in for over $100B for AIG. Also, the SEC should never have raised the leverage limits for Wall Street Banks, which Henry Paulson pushed for as CEO of Goldman.

dedalus on February 19, 2009 at 4:11 PM

You don’t really want the Octomom to have to live on the street, do you?

I want Angelina Jolie to adopt all of her children.

My collie says:

THEN we want the Octomom to live on the street.

CyberCipher on February 19, 2009 at 4:11 PM

GIVE’EM HELL RICK!!………

try again later on February 19, 2009 at 4:12 PM

Only fiscal responsibility, less government interference, and reducing all of the pork will get us out.

txaggie on February 19, 2009 at 3:50 PM

That is Hoover think but thanks for a civil rebuttal.
getalife on February 19, 2009 at 4:07 PM

“Hoover think?”
No–it’s Adam Smith/Milton Friedman think.

Trying to enact “Buy American” trade restrictions–which Obama wanted to do–is Hoover think.
And my rebuttals were civil, but you just want acknowledge that because they make you look like the Leftist ass you are.

Jenfidel on February 19, 2009 at 4:12 PM

Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

It’s only been “real” on our side. It’s been fantasy, delusion, and Rahm Emanuel talking points on your side. DLTDHYOYWO — and don’t forget to take your vat of Kool-Aid and your rainbow unicorn sprinkles with you when you go.

AZCoyote on February 19, 2009 at 4:13 PM

dedalus on February 19, 2009 at 4:11 PM

Thanks for helping to make my argument. Enforcement of the leverage limits by itself would have stopped most of this. You have a different take than me, i.e., that it was incompetence rather than corruption, but otherwise we seem to agree.

genso on February 19, 2009 at 4:15 PM

Well, If NBC decides to can him, Mr. Murdoch will hire him for Fox Business. This is a classic momeent in cable business channel history. Somebody speaking against the mantra of their employers. Cool.

kingsjester on February 19, 2009 at 4:16 PM

Jenfidel on February 19, 2009 at 4:12 PM

Yup.

Smoot-Hawley II, or the Union Preservation Act of 2009, would have a long lasting negative on not only ours, but the world’s economy. So, of course, the Dhimmis want to do it. And, thus, the “global” “love affair” with Ogabe would end…so it might not be all bad. Except for the 20% unemployment and all that comes with it…

PimFortuynsGhost on February 19, 2009 at 4:16 PM

I’m all for the tea party, though. Who’s in?

I’m in.

APRIL 15, 2009. TEA PARTY?
In every state, all across the nation. Get the word out.

Califemme on February 19, 2009 at 4:17 PM

kingsjester on February 19, 2009 at 4:16 PM

They just ran the clip again on CNBC….about the 4th or 5th time today. Not sure Rick will be going anywhere soon.

genso on February 19, 2009 at 4:17 PM

Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

Yeah, real fun.

getalife on February 19, 2009 at 4:17 PM

Well, If NBC decides to can him, Mr. Murdoch will hire him for Fox Business. This is a classic momeent in cable business channel history. Somebody speaking against the mantra of their employers. Cool.

kingsjester on February 19, 2009 at 4:16 PM

Never happen, NBC would once again be showing it’s true BLUE colors. I’m outta here for the day. Been a good discussion from most. See ya’ll tomorrow.

ChicagoBlues on February 19, 2009 at 4:20 PM

genso on February 19, 2009 at 4:17 PM

I wonder if Chrissy and Olby will have it on tonight?

I wonder if Scarborough will show it?

kingsjester on February 19, 2009 at 4:23 PM

kingsjester on February 19, 2009 at 4:23 PM

Joe, yes…the diarrhea duo, no. Unless Santelli is the “Worst Person of the Day” as someone else said today.

genso on February 19, 2009 at 4:26 PM

This is a big deal Allah. CNBC news may be a bunch of elitists, but the financial guys are not and that was a big push back by at least someone in the media.

Now we will see what the ‘hate’ crowd does with it. The Hate & Victims Club.

Starlink on February 19, 2009 at 3:34 PM

I agree. As one who watches CNBC on a regular basis one can immediately see that when it comes to currency and Treasury markets, Santelli is usually right on. Anyone watching CNBC for the last eight months could have predicted his eruption. Although Cramer disagreed, he did so in a high-road (not going to slam a brother CNBC analyst) kind of way.
Much of CNBC is about the market going up, up, up and never about capital preservation. Santelli is the only analyst I have ever heard tell the viewers to “go cash and get out” Mark Haines has asked, but never out right said so (as far as I have seen).
Santelli and Caruso-Cabrera are the only two I have witnessed really call for truth when the talk-heads start touting this ETF and that sector in the middle of a heavy volume sell-off.

wcrego on February 19, 2009 at 4:26 PM

The way Drudge is hyping this, I thought there’d be a mob of brokers on the floor chanting “no justice, no peace.”

Don’t misunderestimate this, AP — there’s a great deal of anger over the essential unfairness of this so-called plan. See, for example, some of the quotes at this WaPo blog.

Paul_in_NJ on February 19, 2009 at 4:29 PM

DTMH

Good riddance, fool. Go play w/the Obamabots! It was real and it was fun, but it wasn’t real fun!

JAM on February 19, 2009 at 4:31 PM

I think I may need to take my leave of this site for a while. It’s been fun, but no one here has anything new to say other than blame Obama for everything thats wrong with the world. Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

That’s a fine idea. Don’t let the doorknob hit you on your way out.

uncivilized on February 19, 2009 at 4:31 PM

Did anyone just see on cable (not Fox) someone ask an expert if this will apply to “renters” and the person said probably so? Give me a break. I imagine he’s talking about home renters. So apartment renters don’t get a home because they can’t afford it, but their taxes have to bail out the irresponsible ones? This is crazy. Well, Obama is crazy like a fox; Ayers bombed buildings then discovered he could infest education and destroy us from within. Maybe Obama’s on the same track; destroy all we hold dear by pitting the haves and have nots and build his brave new world.

deedledee on February 19, 2009 at 4:33 PM

Good lord, man, I lived through the Carter years. My mom bought powdered milk because we couldn’t afford real milk. Do you know what powdered milk tastes like? I’ll tell you what it tastes like.

It tastes like Obama.

This is the best quote! Thank You.

Hack, this is what anyone over 40 is thinking. We have seen Obama economics here, in Europe, in Africa, Central America, Venezuela, now being rammed down our throats here. First under Carter, now with Carter II abet more vicious and angry version

GunRunner on February 19, 2009 at 4:34 PM

There is a real Chicago Tea Party movement brewing!

Mutnodjmet on February 19, 2009 at 4:35 PM

I ::heart:: Rick mucho!! He’s always pragmatic and a straight shooter. Quote him on the blog ALL the time

tree hugging sister on February 19, 2009 at 4:35 PM

Iz we got Unicorns yet?

TexasJew on February 19, 2009 at 4:40 PM

I applaud this guy’s efforts. Its taken a while but finally we are seeing significant opposition.

Only problem is I can’t tell if Barry enjoys it or not.

hiphopconservative on February 19, 2009 at 4:41 PM

‘I think people are getting stirred up, but not alot of people are, average Americans are on board.’

Only because they think the government is spending someone else’s money.

When they realize this isn’t the case, watch the revolt spread like wildfire…

blue13326 on February 19, 2009 at 4:42 PM

DeathToMediaHacks on February 19, 2009 at 3:59 PM

C-ya, don’t let the door hit ya were the Good Lord split ya.

opusrex on February 19, 2009 at 4:47 PM

What are we gonna use instead of tea?

Badger40 on February 19, 2009 at 1:28 PM

Liberals

Old Hippie Vet on February 19, 2009 at 4:48 PM

APRIL 15, 2009. TEA PARTY?
In every state, all across the nation. Get the word out.

Califemme on February 19, 2009 at 4:17 PM

At the rate Obama and Soros are moving, that’s probably too far away. I say next week, Monday preferably, for max news coverage.

Schweggie on February 19, 2009 at 4:49 PM

Can we tea-bag a leftie?

Will that suffice?

PimFortuynsGhost on February 19, 2009 at 4:53 PM

It’s about time. The last few weeks have been beyond belief. Our country and system have been spinning down the $hitter to far too fast and too wrong.

saiga on February 19, 2009 at 4:54 PM

Schweggie on February 19, 2009 at 4:49 PM

Well, there would only be me and my 3 friends if we do it next week. I’m serious as a heart attack here…

Obama’s plan is to divide and conquer. If we want this to be big we need to plan and get the word out. The most symbolic day for “No taxation without Representation is APRIL 15. WHO IS WITH ME?

califemme@hotmail.com

Califemme on February 19, 2009 at 5:04 PM

to a few obliging hoots and whistles. Try decaf, Matt.

AP, please change your frickin name to frickin DEBBIE DOWNER!

I thought this was a great rallying cry to the 57 million of us that voted against sOBAMAcialism.

MechEng5by5 on February 19, 2009 at 5:05 PM

I think I may need to take my leave of this site for a while. It’s been fun, but no one here has anything new to say other than blame Obama for everything thats wrong with the world. Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

Change we can believe in.

the_nile on February 19, 2009 at 5:05 PM

saiga on February 19, 2009 at 4:54 PM

WE MUST ACT TO SAVE AMERICA

Califemme on February 19, 2009 at 5:05 PM

April 15th –
DC and at every state capital – Let the Sons of Liberty strike again!

sannhet on February 19, 2009 at 5:06 PM

I am sure they all for socializing Wall Street after they caused this mess.

If you want to protest Wall Street, many Americans will join you but if you want to ignore their greed, you will lose.

getalife on February 19, 2009 at 3:30 PM

Socialize Wall Street, and Democrats will be short quite a few reliable electoral votes. NYC is propped up by those filthy capitalists.

ddrintn on February 19, 2009 at 5:06 PM

“My parents … just refinanced and got a killer new rate. Instead of bitching go out there and see what you can get. ”

they did not get a “killer rate” , they only got a slightly better rate then what they had before. the delinquents who should not have had a loan in the first place , but thanks to the democrats did, will get a “killer” rate – much better than your parents’ if I may add. good credit is paying for bad credit’s folly.

runner on February 19, 2009 at 5:07 PM

C’mon, Allah, give us about 150 years and we’ll have this demonstration thing down as good as the libs. Hell, I’ll bet we’ll even be able to rhyme better than they do by the time we’re done.

Your snarky comments notwithstanding, I’m pleased. Someone had to start this so it turns out to be Rick Santelli and some high school students in Arizona. I’ll take it. I’m not holding my breath in anticipation of our elected Republicans courageously speaking out against the socialization of America. That would be astonishing.

ncjetsfan on February 19, 2009 at 5:07 PM

I see AP has proactively enacted the Fairness Doctrine here by allowing douchebag trolls like getalife to join HotAir.

MechEng5by5 on February 19, 2009 at 5:12 PM

I think I may need to take my leave of this site for a while. It’s been fun, but no one here has anything new to say other than blame Obama for everything thats wrong with the world. Ah well. It’s been real.

DeathToMediaHacks on February 19, 2009 at 3:59 PM

Silly us, when it’s clear that the fault really lies with Chimpybushitlercariboubarbielimbaughfascists.

ddrintn on February 19, 2009 at 5:17 PM

Comment pages: 1 2 3 4 5