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Rick Santelli "This is America, Obama are you listening?"

Rick Santelli going off on the government promoting bad behavior with the new Obama housing plan.
volumptuoussays...

One of business biggest assholes standing in a room full of rich fuckers who are partly responsible for driving this country into the ground, asking THEM what they think of Obama?

Sorry Rick. That is definitely NOT America. That is wall street.

cdominussays...

No it's not Wall Street. It's the CME in Chicago. Big difference and whole different mindset. Rick reports on the Treasuries and Currencies market which means when the US is fucking up like taking on too much debt or the Fed printing too much money he's on the front line and usually the only one on CNBC with balls enough to call them out. The people he argues with are usually Wall Street assholes who want to keep the con game going under the guise of helping main street.

rougysays...

What a bunch of assholes.

Most of the people getting screwed today with the mortgage crisis were good honest folks, and the people who screwed them were like the bunch of dicks sitting in that room.

10768says...

>> ^rougy:
What a bunch of assholes.
Most of the people getting screwed today with the mortgage crisis were good honest folks, and the people who screwed them were like the bunch of dicks sitting in that room.


Wrong.

Most of these people getting screwed are geniuses who counted on an every rising housing market to allow them to flip a house for a profit, or who just bought homes they could never have afforded and they should have done the math, or who slipped through the credit checks because Obama-loving fraudsters like ACORN pressured the banks into lending to poor minorities unable to make the balloon payments.

Whatever the case, execute the repossessions, sell them to someone who can afford them and let the market sort things out. To simply print money and to reward careless borrowing and expect us to foot the bill is a high crime.

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