Rick Santelli is the MAN

Discussion in 'Economics' started by dave74, Feb 20, 2009.

  1. dave74


  2. Stosh


    Rick is my new hero. Can't wait for the Tea Party, but am wondering what we will throw in the lake......perhaps effigies of certain politicians? Stosh
  3. joemiami

    joemiami Guest

    Santelli is the only person on CNBC who has any real credibility and knows what hes talking about!

    Santelli for President!! :cool:
  4. <embed allowFullScreen="true" allowScriptAccess="always" src="http://video.google.com/googleplayer.swf?showShareButtons=true&amp;docId=8756406809823061337%3A968000%3A2393000&amp;hl=en" style="width:400px;height:326px" type="application/x-shockwave-flash"></embed>
    (Zandi, Roubini, Mishkin, Easton)

    Your not gonna like this piece because there's no shouting going on. There's no CNBC cheerleading or ideological rants. They also understand the point of the bill.
  5. C6H12O6


    Then why responsible people should have to pay to bailout Goldman and WallStreet ?
  6. timmyz


    this bill, while it does allow undeserving homeowners keep their homes, is ultimately another gift for wall street.

    before, the toxic assets are based on a pool of loans that will soon default. now, these loans won't default anymore. these fucking leeching homeowners will at least pay something which is better than nothing.

    the value of these toxic assets increase a bit and become a bit more liquid, which means more money for wall street firms.

    homeowners benefit, but the intent was to help wall street.
  7. a good cross section of America? what do you think is the average annual income of the folks in that video?
  8. harkm


    Do you know 1 person who doesn't agree with him?
  9. cgar


    The guys standing around Rick are mostly phone clerks.They are not making a bunch of money.Plus many pit traders are just making a living, not any more than an accountant of police officer.

    I worked on the exchange floors in Chicago for a long time and can tell you the guys down there are a good cross section of America.

    There are people from all backgrounds , both ethnic , religious and socioeconomic.
    #10     Feb 20, 2009