Did you see the firey speech given by CNBC analyst Rick Santelli on the floor of the Chicago Mercantile Exchange this morning? If not, check it out below.
For an 80’s child like me, it gets me thinking “We’re Not Gonna Take It.”
we’ll Fight The Powers That Be Just
don’t Pick Our Destiny ’cause
you Don’t Know Us, You Don’t Belong
Anyway, back to the story…
Santelli launched into a scathing indictment of President Obama’s economic bailout plans and how they reward the reckless and irresponsible.
As transcribed by WorldNetDaily (among others):
“We’re thinking of having a Chicago Tea Party in July,” Santelli told CNBC “Squawk Box” co-anchor Joe Kernan. “All you capitalists who want to show up at Lake Michigan, I’m going to start organizing.”
CNBC posted on its website video of Santelli’s rant, which some viewers already are comparing to the well-known scene from the movie “Network” in which character Howard Beale stands up in the middle of his newscast and declares, “I’m as mad as hell, and I’m not going to take this anymore!”
“I have an idea – you know, the new administration is big on computers and technology,” Santelli said sarcastically. “How about this president and new administration, why don’t you put up a website to have people vote on the Internet as a referendum to see if we really want to subsidize the losers’ mortgages or would we like to at least buy cars and buy houses in foreclosure and give them to people that might have a chance to actually prosper down the road and reward people that could carry the water instead of drink the water.”
An unidentified trader on the floor near Santelli shouted out, “Hey Rick, that’s a novel idea.”
Co-anchor Kernan tried to humor Santelli, responding to the support from the traders by interjecting, “They’re like putty in your hands.”
“No they’re not, Joe, they’re not like putty in our hands. This is America.”
Santelli then turned his back to the camera and dramatically asked the traders on the floor, “How many of you people want to pay for your neighbor’s mortgage that has an extra bathroom and can’t pay their bills? Raise (your) hand.”
A large moan went up from the floor as none of the traders appeared to raise their hands.
“President Obama, are you listening?” Santelli asked to the camera.
The unidentified trader to Santelli’s right then leaned into the analyst and said loud enough to be picked up on microphone, “How ’bout we all stop paying our mortgages. It’s a moral hazard.”
This outburst has a lot of people fired up! Of course, the libs just don’t get it. Things like “freedom” (as long as it’s not sexual freedom) and “self-determination” and “responsibility” and “limited government” and “free market” and “pay your own way” are concepts far beyond their mental or emotional ability to grasp.
Conservatives, however, are lovin’ it! I think a lot of solid patriots are getting fired up to get dressed up and have a little party.
As Thomas Jefferson said, “A little revolution now and then is a good thing.” And our current state of government has gotten farther from the people–and more oppressive–than King George was in many ways.
Try us out at the new location: American Clarion!