When TV Reporters Go Wild

A new hero, or the latest guy to get the pink slip tomorrow morning?

Rick Santelli’s Chicago Tea Party

A short video in which a financial markets TV reporter goes a bit wild. Speak the truth, shame the devil, lose your job as well? We’ll find out tomorrow I guess.

Extremely interesting point he makes from the trading floor - a very large number of the people desiring their mortgages to be refinanced couldn’t/wouldn’t pay them back even if the interest rate was 2%. Even Minus 2% he says.

You can’t buy your way to prosperity ... [if you could then] the government should spend a trillion dollars an hour; they’d get a 1.5 trillion back. ... our founding fathers, people like Benjamin Franklin and [Thomas] Jefferson, what we’re doing in our country right now is making them roll over in their graves.

Outstanding.

This calls for more hair. More teeth too!

Just clicking around the net found me Maynard’s post on the Stimulus over at Tammy Bruce:

It’s a crime beyond imagination against the American people.

This monster is not of Obama’s creation. It’s a product of long-term rot and corruption; the consequence of fools and demagogues pandering to the lowest common denominator, promising ever-more goodies to an ever-needier mob.

For a brief moment, I hoped the shock of the current crisis would bring an element of reality to the debate in Washington. Certainly Obama would do the right thing. Not because he wanted to, you understand, but because he had no choice. I thought the nation had reached that late stage of addiction where the addict has hit bottom, and finally faces his issues head-on.

I stand corrected. We haven’t hit bottom yet, but Obama is working on that. His “stimulus” package may become our final binge. What Reagan did to the Soviet Union, Obama is now arranging for us.

This is only the beginning.

1. Yeah, that vid is at mine too.

   Posted by cmblake6       02/19/2009  at  08:00 PM  

2. Ol Maynard really nailed that one down pat. And considering what Putin said at Davos I cant help but think we got the manchurian candidate we always wondered if we would.

   Posted by Rich K       02/19/2009  at  11:53 PM  

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