White House spokesman to Santelli: You don’t know what you’re talking about
posted at 3:35 pm on February 20, 2009 by Allahpundit
I’m going to put him down as a “no” on attending the Tea Party. Stick with it, as it gets snottier as he goes along.
Think Santelli will fire back on Monday? Watch the clip of him below, jacked up on this morning’s Today Show. This ain’t over.
Update: A good point from HuffPo: Why would Gibbs single out Santelli for a reply when conservative pundits have spent weeks dumping on the stimulus? Maybe it’s because of the huge play Drudge gave the story yesterday — or maybe it’s because Obama benefits from having derivatives traders seen as the face of the opposition on this issue.
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Gibbs just told Fox News that homeowners who did not make bad decisions concerning their mortgages can also take advantage of the loan modification program to reduce their payments and/or principal balance. The program will, in that way, help everyone.
Uh, no. feel free to call your bank or mortgage co. They have NO idea what dipstick Gibbs is talking about. You have to be 7+ months behind in your payments as well as have “documentation” that you might be about to lose your job, AND have no additional assets. Obama and his goons are the biggest liars going.
anniekc on February 20, 2009 at 8:24 PM
BTW there are still lenders doing loan modifications and falsifying the borrowers’ income. That’s why there is a large number of re-defaults.
Some people just should.not.have.a.mortgage.
rockmom on February 20, 2009 at 8:30 PM
If you don’t like being called childish names then stop acting like one. What did that last post have to do with anything other than get your paycheck from Axelrod. From now on, go play with the other children and just tell Alexrod that your did your job. I promise, if he comes here to check up on you, we’ll all swear that you came to work. Really.
genso on February 20, 2009 at 8:31 PM
Well thats the pot calling the kettle….bl- well… you know.
johnnyU on February 20, 2009 at 8:34 PM
And the really fun part is the lies keep changing as they are exposed. Kinda like a buncha different spotted rats. “See how they run.”
This is a s-sandwich but ‘twod be sweet to see Failure Be His Name attached after only a few more weeks. Especially when he must start foreign interaction. Putin is already calling him out at Davos on Feb 2, heh.
Flying Gadsden
Caststeel on February 20, 2009 at 8:34 PM
BobAnthony to Gibbs…SHUT UP HAMMERHEAD!
BobAnthony on February 20, 2009 at 8:46 PM
WTF? Gibbs wants to know what kind of house Santelli lives in? What does that have to do with the validity of his argument? How about this – NOTHING – except that Obama’s minions must malign and laugh at ANYONE who dares question The One or his plans.
JustTruth101 on February 20, 2009 at 8:50 PM
It is an underhanded call out to the nutroots to dig up information on Santelli. That’s what it has to do with the argument.
By the way, the Tea Party is starting to gain steam. And it will be in Boston and Los Angeles too. July 4th is a long way off. I hope the groundswell doesn’t go quiet by then.
http://www.reteaparty.com/
InCali on February 20, 2009 at 8:54 PM
Damn I can’t believe I couldn’t stay away, Hot Air you are crack.
I am *thrilled* that the white house is targetting these corporate hacks in the media and speaking TRUTH to the chattering classes about this mortgage bill and refusing to allow people to LIE about this stuff.
I’ve read this comment thread and no one has anything substantive in response to what Gibbs is saying and he calls out Santelli and Limbaugh from LYING about this bill and it’s fracking beautiful. You really can’t say boo else about it. It’s wonderful to see the chattering classes smacked down. Thank you Robert Gibbs, thank you Barack Obama. The howling outrage and non-substance in these posts reflects a total inability to respond to this man’s substance. Awesome.
DeathToMediaHacks on February 20, 2009 at 8:56 PM
I really liked the approach of the protestors in Mesa. Instead of looking like whiny miserly Republicans saying “NO” they had signs saying “Where’s My Benz?” and “I Want A Beach Front Condo” and “Make Mine A Lexus Please.” Ridicule is what these people deserve!
rockmom on February 20, 2009 at 8:58 PM
Three on One, and common sense prevails. Also, that decaf joke is not funny. The goons laughing at it however…
Johnson on February 20, 2009 at 9:00 PM
This is for you getalife and by way check out the pic. in the link.
Watch for the Palin-Santelli 2012 Signs [Kathryn Jean Lopez]
I’ve had a case of deja vu today.
I’m noticing the tone. I’m seeing the enthusiasm. And I’m digging out from the sheer volume of e-mails I’ve been getting today about that CNBC dude. The reaction to Rick Santelli’s Chicago-trading-floor incident this morning echoes the emotional reaction my inbox had to Sarah Palin’s convention speech this summer.
I make no endorsements. It’s just an observation.
I think people are hungry for someone who is fed up with the way things are and who seem to believe in something enough to know there in an alternative worth fighting for. Some of the voices may be far from perfect, but Americans are looking for signs of the life of an alternative. And so if a representative pops up — someone who appears to have roots and energy, folks will cheer them on in the hopes there’s a candidate here. Maybe not a presidential candidate, but a leader of some sort. Someone who can offer a vision of something other than a culture of bailout.
Today, Rick Santelli was that sign of life.
02/19 08:47 PM
http://corner.nationalreview.com/post/?q=OTg3OTk2ZjEwYWU2MjQ1NTY0YTNmYmNjNTkxMGVhYWI=
Clyde5445 on February 20, 2009 at 9:01 PM
Rockmom, well, I can’t watch Gibbs. He’s a tragic figure for me because he’s so obviously one of those SPED kids who doesn’t know he’s stupid because his teachers weren’t allowed to give him less than a C after the school psychologist classified his “learning difference.”
tragic and dangerous actually
funky chicken on February 20, 2009 at 9:02 PM
Well now at least we have proof positive that you either cannot or do not read. I and at least one or two others on this thread have read the plan and I just called out Gibbs as either a liar or an idiot – with substance behind it.
I’ll bet you $1000 I know more about this plan and what’s wrong with it than Gibbs does. It won’t help many people and it won’t help the servicers at all. Gibbs is running around talking about 9 million homeowners getting relief and that’s a flat out crock of bullshit.
The vast – and I mean vast – majority of people going into foreclosure now are either unemployed and cannot qualify for any kind of loan modification or their loans are too big to qualify for this program.
The Administration thinks the number of pages in a plan indicates how well thought out it is. They are wrong.
rockmom on February 20, 2009 at 9:03 PM
DeathToMediaHacks on February 20, 2009 at 8:56 PM
Yawn, wow. totally unpredictable. Good one.
moxie_neanderthal on February 20, 2009 at 9:03 PM
How sad is it that Gibbs is probably DTMH, and we are possibly the only people that talk to it/him?
Don’t feed the astroturfers, and they won’t keep coming back.
funky chicken on February 20, 2009 at 9:03 PM
A reaction that led to…John McCain losing by ten million votes in November. Awesome. You guys just don’t get it.
DeathToMediaHacks on February 20, 2009 at 9:03 PM
Oh and by the way Hacks – Rick Santelli was not lying. He may not have been very articulate about what he said – that’s because he is a FINANCIAL REPORTER and not a right wing spin doctor.
Gibbs showed his ass by calling him out. But that’s par for the course for Gibbs. I can see why you lefties love him but that doesn’t mean he has class.
rockmom on February 20, 2009 at 9:06 PM
Yes, if Gibbs is correct and only those who are currently employed to the point they can make some payment are allowed to qualify that will leave out a lot of folks who have lost their jobs. But why hasn’t that been the line of attack from the right? The line of attack has been the OPPOSITE, that this bill will “bail out the losers” to quote one of Rush’s many enraged rantings this week. So which is it. Does it “bail out the losers” i.e. people who have no income stream. Or does it leave out everyone who doesn’t have some revenue stream? If your side is making the argument that the plan leaves too many homeowners out then you’re joining up with critics on the LEFT. Not with people like Santelli who isn’t making anywhere NEAR that claim.
DeathToMediaHacks on February 20, 2009 at 9:08 PM
rockmom, moxie…just ignore him/her/it.
uncivilized on February 20, 2009 at 9:10 PM
Well I will keep feeding the trolls on this thread because this is something I know a damn sight more about than Robert Gibbs or even Tim Geithner for that matter. I read the plan before the President even announced it. I’ve talked to dozens of knowledgable people in the mortgage business and the housing counseling world about it. It’s a worthless plan.
I knew Santelli had walked into a hornet’s nest as soon as I saw that video. This administration sucks at almost everything that has to do with governance but it is very good at setting up enemies and whacking them.
rockmom on February 20, 2009 at 9:10 PM
We’re all in the process of getting it and I suspect I won’t be able to sit down for a week. How do you manage?
moxie_neanderthal on February 20, 2009 at 9:10 PM
Those things are different? Where was this guy during TARP? Why weren’t the traders threatening to throw their ugly pin striped suits into the harbor then? Oh wait because that bill benefited them and their employers. But try and help out the little guy and it’s suddenly time for revolution. Americans are SICK of this big business first crap and while the dinosaurs of conservatism might be rattling their bones over moments like these, the people have spoken and continue to speak. You’re on the wrong side of this argument and the wrong side of history.
DeathToMediaHacks on February 20, 2009 at 9:11 PM
Wow! That is one professional he has as a WH spokesman. Also, I don’t thinkk the press realizes that they do not have to laugh at his jokes, as they do not come directly from the One. Or, do they believe that the paper he is holding up is the tablet with the commandments. I am sure that will be released next week at the state of the prletariate address.
cobrakai99 on February 20, 2009 at 9:11 PM
Also very good at stealing, I might add. New administration motto: “Don’t steal – the government hates the competition”.
uncivilized on February 20, 2009 at 9:12 PM
I have many friends who also look at this and while they blame both sides are not willing to see their hard earned dollars being sent to bail out people who could not afford their mortgages.
And most americans agree we are not talking about
mom and pop who borrowed against their home equity to fund their childs college.. NO
This is where people just signed on the dotted line moved in and 1 – 2 years later as soon as the balloon payment kicked in suddendly could afford the extra 400 dollars more per month..
If you are that tight you should have known..
and i speak from experience since i HAD an ARM a long time ago and it went from 6% to 11 % in just 2 years
I still made the payments but i soon realized if it went up again i was going to be hurting so i bit the bullet and refid once more at a FIXED 6 % rate..
and by the way right now i still have that rate and i dont care what teaser rates they put in front of my eyes
I aint doin it..
Im sorry i am willing to help honest americans
i am willing to help the poor
I am NOT willing to place 3 geneations into unimaginable debt to try and help a lot of these homowners who didnt know better…
Im sorry but no at some point it has to stop
jcila on February 20, 2009 at 9:12 PM
So i loved the fact that the white house and the leftist media try as had as they can to ignore this mans
statements on public tv accross the country,…
The leftists know if americans get pissed off
they may indeed have another tea party..
jcila on February 20, 2009 at 9:13 PM
Eventually, we won’t have enough of our own money left to help ourselves, let alone anyone else.
uncivilized on February 20, 2009 at 9:14 PM
We shall see, we shall see.
ddrintn on February 20, 2009 at 9:15 PM
I don’t actually disagree with you here, the plan is all wrong for a lot of reasons. It doesn’t really empower consumers to demand a refi, it merely makes that conditional upon a lending institution getting federal money. And even then the strings aren’t too tight. It adds an unnecessary middle man. What the government should be doing is what they claimed they were going to do from jump, buy the damn bad paper, get it valued and then begin refinancing those who can make payments. Cut the investment banks out of the process it’s not helping anything.
OR just let those banks fail already let the bottom really fall out of both the stock and housing markets and go from there.
What cheeses me off though is the INSANELY disingenous arguments emerging from the right that are essentially attempting to pit people against each other for the wrong reasons. Instead of making a case for what the housing bill should do, all we’re hearing are subtle intimations that irresponsible poor people are at fault and we shouldn’t be helping out “the losers in life.” It’s irresponsible, it’s wrong and it’s exactly the opposite direction the Obama administration needs to be pushed from.
DeathToMediaHacks on February 20, 2009 at 9:15 PM
Well I don’t listen to Rush so I don’t know what he said. I think Santelli was not very articulate but he was just saying what he was hearing from the traders on the floor.
I don’t expect people of either political stripe to understand the nuances of what’s wrong with this plan. If the “don’t bail out the losers” argument gets more traction than “it won’t work and won’t help anybody” argument it’s fine with me.
I do think you are going to be in for a rude awakening in a few months when the foreclosure rate hasn’t changed and Gibbs is sputtering when he gets asked about the 9 million people that were supposed to get helped by this plan. He’s selling the public a bill of goods and I think it is shameful.
rockmom on February 20, 2009 at 9:18 PM
Now that’s what I’M sayin’.
uncivilized on February 20, 2009 at 9:19 PM
LoL. Like your side never engages in class warfare.
rockmom on February 20, 2009 at 9:19 PM
Rick has actually worked a real job. He’s not a talking head English major with a minor in journalism that looks pretty and sits before a camera. Contrary to some comments here and elsewhere, Rick was a trader on the CBOT and has spent a lifetime either trading or talking about business and the implications of policies on business.
By contrast, Gibbs is a monkey, there I said it! But not the kind that is capable of taking a person down and tearing off limbs or a face. Nor is he the pseudo smart type of chimp that writes terrible bills that screw everyone but Democrat constituencies….no, more like in a bubbles the chimp sort of way.
Rick Santelli would destroy Gibbs in a free flowing discussion about the economy and the effects of policies on business. Destroy!
moxie_neanderthal on February 20, 2009 at 9:20 PM
By the way, DTMH, according to reputable Rasmussen:
ddrintn on February 20, 2009 at 9:21 PM
OK but you realize we live in a corporatist state right? They will never be allowed to just fail. Single moms with kids, the “free market” can hand them all kinds of justified failures, but major politically connected investment banks? Never. And why can they when people like Santelli are giving conservatives a boner while investment banks rob taxpayers blind to. their. face.
DeathToMediaHacks on February 20, 2009 at 9:21 PM
Dude Rasmussen just admitted that his polls are skewed towards GOP talking points. He’s a hack for your side. Which is fine, there are hacky pollsters for lefties too.
DeathToMediaHacks on February 20, 2009 at 9:22 PM
Sorry posted too soon. And how do we know that? His polls asks people whether they support the bill as characterized int he language of Rush and other right wing pundits, how questions are asked matter. Same thing happened with the Economic Recovery Act.
DeathToMediaHacks on February 20, 2009 at 9:23 PM
So your argument is “neener, neener you did it too?” Seriously?
DeathToMediaHacks on February 20, 2009 at 9:24 PM
Also doesn’t Rassmy have a poll out that shows CEOs are the least popular people in America right now? I’ve definitely seen those polls.
DeathToMediaHacks on February 20, 2009 at 9:25 PM
Hey, it is not nuanced. You don’t have to have a PhD to that know when people cram a bill through and no one has time to digest what it says that’s bad. It’s bad when those of us who are footing the bill find out it is stuffed FULL of pork projects for Democrat constituencies.
It’s bad when we are told this is the worst economic crisis since the great depression but the Democrats go on such a frivolous spending spree. This is bad.
If this were your college aged kid, you’d cut them off. If it were your spouse you’d hide the check book. But because the govt has the power of coercion we are helpless for the next 2 years.
moxie_neanderthal on February 20, 2009 at 9:29 PM
Wow…working overtime. You guys must be scared. Sucks to be you to have to work weekends.
genso on February 20, 2009 at 9:29 PM
I think most people on this board can differentiate between the failure of a large bank versus a single mom.
moxie_neanderthal on February 20, 2009 at 9:31 PM
momof2, thanks for the great post. Yours must be a thankless job these days. I do not envy you. And don’t worry– I’m pretty long-winded, too. As suggested, just throw in some paragraph breaks to break up your text and folks will be more patient about reading it. I suspected the mortgage plan was a big mess– thanks, I guess, for confirming it.
moderate on February 20, 2009 at 9:32 PM
I wasn’t talking about people on this board, I was talking about the corporatists in our political class. Their attitude towards the single mom raising part of the next generation of Americans “you’re on your own” the attitude towards the investment banks which oversaw massive profits while risking people’s 401Ks with speculative investments? “What can we do for you massa.” It’s pretty disgusting and instead of joining with anti-corporatist causes conservatives stand their and watch their investment collapse and blame who? the poor person, not the investment bank who manages their savings. I just don’t get it.
DeathToMediaHacks on February 20, 2009 at 9:33 PM
I don’t think I’ve ever seen the word corporatists before.
INC on February 20, 2009 at 9:36 PM
You aren’t interested in “getting” anything. Tell me, do you get paid by the Dems or the White House or is it Alexrod’s company? There might be some legal issues with a couple of those. I see that the One has failed to pay the cities of Chicago and Philly for services. Are your checks still clearing?
genso on February 20, 2009 at 9:38 PM
Largely a function of governmental largess and poor decision making on the part of individuals.
Anti-corporatist causes? You mean socialism and collectivism.
moxie_neanderthal on February 20, 2009 at 9:38 PM
That’s kind of what I thought. It sounds like one of those awkward words the Left picks up to make socialism sound like a good thing.
INC on February 20, 2009 at 9:39 PM
Learn it, live it, love it because that’s who we keep electing into office every two years in Congress, be they Dem or Republicans. Democrats claim to be for the little guy while they take as many, if not more, corporate donations than the GOP. The GOP claim to be for “free markets” but cannot WAIT to give Federal subsidies (TARP but smaller) to corporations who give them donations. I mean what do we expect when corporate bundling makes up such a significant portion of donations to a campaign, that they’d represent the people? LOL Wake up! Or you could just stay angry at poor people, the “losers in life” because it’s a lot easier to feel superior to someone than it is to recognize you’re being screwed by a common butt rapist. (OK I kind of made myself laugh there, but for real!)
DeathToMediaHacks on February 20, 2009 at 9:40 PM
God you’re thick. Corporatism is both anti socialist AND anti-free markets. Why? Because corporatist government subsidize private industries who have political connections thus eliminating the essential component of a “free market” system, a flat playing field for competition. Corporatism is NOT free market capitalism. God.
DeathToMediaHacks on February 20, 2009 at 9:42 PM
Listen to this guy…he knows what he’s talking about!!!
Except for that word he invented…other than that…seriously!!!
BigWyo on February 20, 2009 at 9:50 PM
You people seriously think I made up the word corporatist? I guess we now understand why red states rank the lowest in education…jeez.
DeathToMediaHacks on February 20, 2009 at 9:52 PM
Your suggestion that “corporatism” exists in an inherent state of conflict is just false. One simple example the disproves your rule is Fascism. Italian Fascism of the 1930s was but a virulent strain of socialism. Other examples abound.
moxie_neanderthal on February 20, 2009 at 9:55 PM
hahahaha I think you’ve just inadvertantly exposed the nub of your problem.
moxie_neanderthal on February 20, 2009 at 9:57 PM
No, he didn’t make it up. I’ve been looking around. I intend to do some reading and thinking about it.
However, knowing DTMH and the way in which he skews things, I remain skeptical as to his understanding and interpretation.
INC on February 20, 2009 at 9:58 PM
Thanks, moxie.
INC on February 20, 2009 at 10:00 PM
Dear goopers, this Democrat fights back. No more MR nice guy. We know you neocons are dirty fighters and liars……bring it on boyz
athensboy on February 20, 2009 at 10:02 PM
I really never thought he made it up. He’s got plenty of overlords to do that for him. He just passes it along.
Now if I were to say a word like ProgDemoCommuNoMoralLiarImbicile
‘I think that word is made up, I can tell by the nonsense and I’ve seen this thing before’
BigWyo on February 20, 2009 at 10:06 PM
Your suggestion that “corporatism” exists in an inherent state of conflict with socialism is just false. One simple example the disproves your rule is Fascism.
fixed. My seething rage at the poor left me momentarily distracted. I apologize for the omission.
moxie_neanderthal on February 20, 2009 at 10:09 PM
He’s a paid hack, please don’t waste time with him. You are only playing his game when you do.
genso on February 20, 2009 at 10:10 PM
ProgDemoCommuNoMoralLiarImbicile
+1, but since we’re grading on a curve, +3
moxie_neanderthal on February 20, 2009 at 10:10 PM
It seems to me that the Obama administration has fixed upon a stategy of populist rhetoric which involves an almost obsessive use of the phrase “the people” and referring to “Americans” as if they’re one homogeneous group with the same needs, attitudes, priorities and circumstances.
Thus:
“Americans are suffering.”
“This is what the people want.”
“Americans need help right now.”
“The people are losing their homes.”
There is a deliberate effort to avoid any kind of distinction or differentiation whatsoever, for example between people who disagree with the stimulus and those that don’t, or those who have played by the rules and been responsible and those who haven’t. It’s all just “the people.”
So anyone who opposes the Democrats is now an enemy of “the people.” It’s just another chapter in the left’s long and disgraceful history of instigating class warfare. Anyone who isn’t an investment banker or evil capitalist/industrialist is defined as a “worker” and is assigned a certain stance, a particular attitude and motive. In the eyes of the left, “we are all one.”
During the last 8 years lefties in New York have hung banners from their windows which read “We the People say No to the Bush Agenda.” Which begs the question – if you disagree, are you not part of “the people,” and if not, what are you? Sub-human? In the eyes of the left, yes.
The worst of it is that the left flew into a foam mouthed rage when Bush said “you’re either with us or with the terrorists” and yet here they are a few years later expressing a sentiment which wields a much broader brush and is far more detestable – “you’re either with the stimulus plan or you’re an enemy of the people.” The horrible rhetoric of that disgusting little weasel Gibbs oozes with it.
Sharke on February 20, 2009 at 10:12 PM
First, there is this plan
Homeowner Affordability and Stability Plan
which is summarized as:
One of the most egregious parts of this plan is this goody:
BobMbx on February 20, 2009 at 10:13 PM
Wow it’s good to know that you know that you just don’t get it, Trollboy.
Now please shut up and go away, you’re boring and mindless
Knucklehead on February 20, 2009 at 10:14 PM
I see genso has the same conclusion about him.
I think that’s wise.
INC on February 20, 2009 at 10:14 PM
I’m pretty sure is was Lenin. So you’re off the hook.
BobMbx on February 20, 2009 at 10:15 PM
It is funny and a bit worrysome to watch this thin-skinned cadre of amateurs call out private citizens who do not tow the party line. This new bunch in the WH is worthy of the most abusive ridicule that one can muster, and we should give it to them as harshly as possible.
BottomLine5 on February 20, 2009 at 10:19 PM
These are quotes from an email we received from our Dem senator, Bill Nelson. It was the second boilerplate response from him. I also called a couple of times.
My emphasis in bold:
It also contained this:
This type of thing really angers me because of the out and out lies.
INC on February 20, 2009 at 10:22 PM
I refer to this sort of person as a “red-headed step child”. You remember the kid in the neighborhood that had all the cool toys, but nobody liked ’cause only he was allowed to touch them? The kid that was no fun to beat up because it was too easy?
Those are the kids that grow up to be liberals. They haven’t changed, either.
BobMbx on February 20, 2009 at 10:24 PM
Getalife,
Those are three great thinkers yo have decided to quote. Is it past your bedtime yet, or do you and I’macommiehack get to stay up late on the weekend?
cobrakai99 on February 20, 2009 at 10:26 PM
Rasmussen is politically non-aligned. His polls are usually fairly accurate. During the campaign, there was a lot of scorn heaped on by “progressives” conservatives who were snatching at any positive polling for their candidate. Then, as now, no use in killing the messenger.
Face it, dude. Blue staters with their awesome intellects, red staters who drool while humping their Bibles and their cousins (funny how those who are so in love with “the people” can be so diaparaging of such large chunks of them) — the countrry is still fairly conservative. YOUR side is on the losing side of history; that’s why YOUR side can’t argue based on reason; YOUR side has to resort to cheap vilification, demonization and sliming tactics. That’s why YOUR candidate had to have an ass-licking media and an overhyped “crisis” in order to garner a tad over 50% of the vote. YOUR side clings to those utopian collectivist a rebours schemes, which are only schemes designed to create dependents and keep a political class in power. That’s what Americans are going to get really sick of.
And yeah, those of us in the red states know how to read as well. I know what “corporatism” is, and I don’t see how that is unspeakably evil compared to some goofy, addle-headed left-wing statism.
ddrintn on February 20, 2009 at 10:28 PM
http://en.wikipedia.org/wiki/Propagandaministerium
diogenes on February 20, 2009 at 10:29 PM
Is the “make or save” metric pretty standard in GAAP rules? No doubt this new jobs metric will be employing the most stringent accountability standards and testing available and will of course be totally transparent.
moxie_neanderthal on February 20, 2009 at 10:31 PM
I’ll have you know I personally created or saved over 10,000 jobs just today. I’m a freakin’ hero.
BobMbx on February 20, 2009 at 10:39 PM
These arrogant snobs are going to get theirs one day. I’m personally tired of the insults and I’m not going to take it anymore.
I don’t need someone to tell me who to like, who to think is cool, who to make fun of, what to believe, or what opinions I can have.
They can take that and shove it. I don’t believe this kind of arrogance toward the American people – in general, and when they name citizens specifically – is going to fly.
At least, I’m going to do my best to make sure it doesn’t.
It is really making me intensely dislike them.
Alana on February 20, 2009 at 10:39 PM
Obama’s rhetoric has absolutely nothing to do with GAAP. “Create or Save” is just a rhetorical device that will be used to evade accountability when this Porkulous scam fails miserably. There are no real metrics that can be applied to Obamawellian rhetoric.
BottomLine5 on February 20, 2009 at 10:41 PM
Yeah, I know. I was being snarky. The whole ref. of GAAP standards, accountability, transparency, use of stupid and innane metrics….sorry that wasn’t clear.
moxie_neanderthal on February 20, 2009 at 10:46 PM
“Having some revenue stream” is hardly the point. In fact, the point is, in many cases the revenue stream in no way matches the cost of the house. You may make 40k a year, and yet you are living in a 450k house, for instance.
In addition, people have taken out second mortgages (which the plan will not cover, not that you have read it to know that), then used that money to buy goodies like TV’s and cars, or just basically dribble it away because they don’t have enough money to live the lifestyle in that house.
So now they have borrowed on the house they couldn’t afford in the first place. While we have paid our mortgages, they have maybe a boat or a flat-screen TV. Now we have to pay for them to keep that TV we don’t have.
And that’s just one of many scenarios that have little to do with whether they have lost their job or not, and a great deal more to do with very bad judgment.
It’s a waste to explain any of this to you, I believe. I am not sure you have ever bought a house, or know anything about mortgages, and the type of loans that have been made.
You also probably don’t know that ACORN is leading the charge in many of these.
A good example of this overbuying is in that TV show, “Extreme Makeover,” where they make the mistake of putting people in new houses that are much too big for them to maintain or afford, even mortgage-free. Some of these houses have fallen into foreclosure.
That you think this whole situation is so simple, so cut-and-dried (basically along the lines of, “If Obama or the Democrats thought of it, it must be wonderful”), leads me to believe you really have no idea what you are talking about on this subject.
Alana on February 20, 2009 at 10:52 PM
On television, where I’ve read he said he didn’t like the previous bailouts, either.
Why don’t you do some of that reading? Or if not, why not at least talk about something you know about instead, of throwing around guesses as accusations and relying on stale leftist cliches such as “on the wrong side of history.”
Alana on February 20, 2009 at 10:56 PM
Well between Death to Coherent Thought and the Department of How are We doing thing Obama made…
The President only has 2,999,999 more to go!!
Rejoice!!!
Or be re educated!!!
BigWyo on February 20, 2009 at 10:59 PM
So Obama calls out Rush Limbaugh for making too much sense and Gibbs calls out Rick Santelli when he does the same. Obama’s administration REALLY IS a bunch of thugs. Just intimidate those that are critical of you and then all others will learn through fear. This is why I am so glad we have the Limbaughs, Malkins, Becks and even Santellis. I can’t wait to hear Rick’s response to that asshat Gibbs.
TampaBayBull on February 20, 2009 at 11:04 PM
Yes. You know, I often look at these press conferences by Gibbs, or when Obama talks, and rewrite in my mind how they could have explained themselves NICELY.
Cause you know, it’s not hard to do, if you have any sort of compelling case at all.
So now I *always* do that in my mind. I think of the answer I would give, if I were them, how how I could (or anyone could) present it pleasantly, with respect and a sincere desire to communicate.
And it’s never hard! And I don’t even agree with them!
But it’s never that. It’s always this condescending, name-calling, sneering, laughing, or angry sort of approach.
Alana on February 20, 2009 at 11:06 PM
Good pointe, Sharke.
Alana on February 20, 2009 at 11:07 PM
Is that you Fowler?
aikidoka on February 20, 2009 at 11:15 PM
Sacrifice, Mr. Obama? We are supposed to sacrifice? Is that what all this “so-called stimulus garbage” you are loading on us is? Our sacrifice? We are supposed to give up our childrens’ futures as our sacrifice?
And what may I ask are you sacrificing Mr. President, as you send your kids to the hoytie toytie schools in Washington DC, and sit in your 80 degree office, while telling us to turn down our thermostats,and fly all over the the Country just because you’re bored and need a boost for your narcissistic ego from all the screaming 20 somethings? You are a great example! How much more hypocritical can one get?
Susanboo on February 20, 2009 at 11:15 PM
I believe the proper term for that is fascist. All companies are partially privatized, with their leaders taking in profits and losses covered by taxpayers.
I’m with Rick Santelli on this one. I’m attending at Chicago. Anyone want to join?
If anyone ever talks to me like that, I’ll call them a brick in the wall.
Chaz706 on February 20, 2009 at 11:16 PM
You can ask the same question to our national army of limousine liberals who want to waste our money, but remain stingy with their own.
ddrintn on February 20, 2009 at 11:21 PM
Gibbs is the biggest idiot. Smack down Gibbs vs. Santelli? I’ll put my money on Santelli. Gibbs is trying to tie Santelli to Wall Street. BUT, let us not forget…it would not matter how mortgages were bundled and sold…if they were good mortgages and being paid there would be no issue. Poor baby Gibbs, he’s not used to people on the peacock station mocking the messiah. I guess when NBC’s stocks dropped they had to try to get people watching their stations and visiting their website. What better way than to tell people the truth. It surprised us all to see the truth on one of the fairy tale network stations.
njpat on February 20, 2009 at 11:27 PM
Dude, you’re alive. Everyone thought you were that sex-toy chimpanzee that went beserk and then got shot to death. Seriously, that’s not my joke; someone mentioned your absence yesterday and speculated the correlation with Travis’s tragic fall from chimpolo (ok, that one’s mine) to media tragedy. Congrats on being alive.
austinnelly on February 20, 2009 at 11:27 PM
Name the lie.
Johan Klaus on February 20, 2009 at 11:29 PM
At which college do you teach?
Johan Klaus on February 20, 2009 at 11:33 PM
I watched the second video…Santelli will be on Fox News or Fox Business Channel soon. NBC is lying…I heard Obama say they will refinance mortgages for people who are upside down…that means reducing the principle.
njpat on February 20, 2009 at 11:36 PM
“Howling outrage”? Gibbs doesn’t inspire anything more than howling laughter.
ddrintn on February 20, 2009 at 11:36 PM
And of Hollywood, who, by the way, are getting ready to throw another stupid big, “pat ourselves on the back” party on Sunday night, to celebrate their “contribution” to our country! I think Obamaman fits in much better with the Holliwoody elites than did Bill and Hill. LOL!! IDIOTS ALL!
Susanboo on February 20, 2009 at 11:42 PM
It’s gonna be a sad day when Fibbs leaves to spend more time with his family. Let’s all enjoy these fleeting moments while we can.
Christien on February 20, 2009 at 11:46 PM
This administration is more hostile to American citizens who criticize their policies than to foreign terrorists who want them dead.
Right over here! Good to see DeathToCapitalistPigs is still alive and whinin’.
Jim Treacher on February 20, 2009 at 11:58 PM
OK, I am in Michigan, which did NOT have a housing bubble. They have been voluntarily participating in a one state recession for several years now. So there was no rapid rise in housing prices, no collaborating real estate agents/appraisers that hiked up comps to get “legal lying” loans, etc. Our economy here just sucks and the people who are losing their houses mostly just ran out of money from being downsized and not being able to find equivalent paying employment. Just setting up the scenario for my point here.
I bought into a specialty condo complex in 2007. In Michigan, EVERYONE has a basement. It is a very foreign concept to not have one. I stumbled across a community that built these condos on slab foundations and put 4 per building, so they look like single family houses from each corner. It is a very well thought out design, actually. I was attracted to this plan because it is the right size, and I was moving back from living in TX, AZ and CA for 30 years where there generally are no basements. I had a feeling once the aging baby boomers got used to the idea of no basement, these condos would sell fairly well, even in a really crappy market.
I was over talking to the sales office today and asking them in general how the prices were holding up, and they are. We discussed the tarp, the porkulus, the housing bailout, and it was interesting to hear their perspective. They flat out said nothing in these packages are going to help buyers in our market because most of the people who want to buy in our market are held up because they know their houses that they live in now will take a LONG time to sell (again, Michigan’s economy is in the toilet, big time).
What was the most interesting part of this discussion was they told me that the way the existing mortgages were bundled, they were not sold in whole pieces in these mortgaged back securities. Some of the loans were split in so many pieces, that the loan servicing company can not even locate all of the owners of the mortgage pieces of the homes that are in foreclosure. That is why so many of the houses are sitting empty after the delinquent borrowers have been evicted. They can’t legally re-sell the house until they get all of the owners of the pieces of the mortgage to sign off (whoever holds the pieces of those securities).
So even IF this package Obama is pimping was designed to really work, they will have the same problem, trying to find all of the players to sign off on re-writing the loan terms.
And this applies to EVERYONE. Does anyone realistically expect to EVER get a loan again if the banks know that they can be forced to write down the principle (al?) or the interest rate at the whims of some government bureaucrat or judge?
Home lending will be changed forever and not for the better.
We just have to hope the R’s can regain Congress and unravel this madness. However, I don’t expect them to have a workable majority even if they win a lot of seats in 2010, and Obama could block all of the reforms. However, that could just set him up for a loss in 2012. We have to hope.
Did we really think that the Jimmy Carter 2.0 would appear this soon in his Presidency? I thought it would take a couple of years for that to be so visible.
karenhasfreedom on February 21, 2009 at 12:01 AM
Wow! This is really big. Obama has Brian Williams on point early in the morning to push his talking points and marginalize Santelli.
litebrite on February 21, 2009 at 1:14 AM
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