Miscreants like Rick Santelli are the true 'losers'

[Joanne98]

In watching Rick Santelli explode on the floor of the Chicago Mercantile Exchange and whose wrath was directed at President Barack Obama, let it be known that I trust President Obama more than those within the financial markets. I do not know folks like Santelli, and after his chiding of this new administration, I do not want to know him. At some point, one must have the essence of faith and hope that things will get better and I will take that over angry diatribes any day of the week.

To call fellow Americans “losers” as he did, has he actually met the millions of families thrown out of their homes due to predatory lending practices by those within the financial markets? Did he equally explode when the CEOs of various banks walked away with billions of our tax dollars through the first TARP bailout?

As I paid attention when the first salvo came in which started this domino affect and former President Bush’s and former Secretary of the Treasury, Hank Paulson’s response to it: I never saw this outrage coming from Santelli or anyone within the financial markets. I guess those financial boys stick together.

When he said that the government was “promoting bad behavior” through this mortgage rescue package…To witness CEOs spend our billions through the first TARP package on various junkets while Americans suffered at their hands is the true bad behavior.

In his diatribe he challenged the president to have citizens vote on whether or not they approve of this package where he stated, “to reward people who can carry the water instead of drink the water" Well, Mr. Santelli those on Wall Street drank our tax dollars through the first TARP package using buckets. In fact, they literally became drunk and the hangover is still being felt by all of us.

Those who did vote for President Barack Obama did so on Election Day by a 54 percent margin. They trusted him over the candidate you voted for, Senator John McCain as you stated you did on yesterday’s Hardball with Chris Matthews. You know, the candidate who stated that the “fundamentals of our economy are strong” My guess in Santelli’s world, those who own multiple homes are to be heralded as those who at least try and make their mortgages are seen as ‘losers’.

As ordinary Americans are throwing their support behind President Barack Obama, well those on Wall Street and other financial markets react to any plan put forth by him and his administration in a bearish manner. How about doing the heavy lifting to actually come to the aid of one’s country and think of ways to assist this new president instead of running for the hills? It is about investing in one’s country and at least having faith we shall survive.

I have come to the opinion that those on Wall Street would rather see America and the global economy sink into a depression we may never get out of in our lifetime. We are truly at the mercy of the Gordon Gekkos who cited “Greed is good” in the movie Wall Street. As we have now seen, greed is the very terrorist that attacked this country where the reverberations are being felt by all.

Continued>>>
http://www.opednews.com/articles/Miscreants-like-Rick-Sante-by-Mary-MacElveen-090221-231.html

[muntrv]

1. Rick, we already paying you and your ilk for irresponsible behavior.

[Joanne98]

2. I know. The only good thing about going into the great great depression is..

running out of food for the parasites to eat. Maybe they'll move now.

[norepubsin08]

3. One correction

Yhe vote margin for Pres. Obama was higher than 54% but because of all the Republican cheating, was kept to that level...lest we have a landslide!

[Joanne98]

5. Thanks for reminding us

[mikehiggins]

4. The Right CANNOT "get it"

They are doomed to continue attacking Obama no matter what. Facing facts will not be possible because their beleifs are not based on facts, just fear and emotion.

All I can say is "bring 'em on." Everytime some bozo like this foams at the mouth, he not only makes himself look incoherent and irrelevant, he also adds to Obama's aura of invincibility. Our President is building himself a niche in which he will be as popular in the public mind as any sports hero, whether Tiger Woods or Michael Jordan or...whatever. That may be dangersous in some ways, having a national leader so popular, but jeeze it feels good, doesn't it? I mean to be able to say President again without wincing in embarrassment?

Yeah, it feels good and, unlike JFK, Obama doesn't even seem to have one foot of clay. Wild!

[Peregrine Took]

6. In Chicago he's being lionized by local reich-wing radio morans.

They are trying to make him into some kind of a Pied Piper for the "stupids" to get them all worked up against Obama and the Foreclosures Plan.

[madrchsod]

7. rickie and people like him are so fucking pissed off because...

there`s no more easy money. now the rules have changed and they throwing tanturms.

i wonder how much rickie was losing friday

[wtmusic]

8. It's time to turn the "shrill" meme back on Republicans

Why are they so negative? :D

[pa28]

9. Funny thing is Santelli treated all the bailouts this way.

He was skeptical about tarp and the other bailout money being dispensed. What's really interesting to me is the way the RW has latched onto this.

No howls of disbelief and outrage from them over massive financial and lifestyle subsidies to money bleeding institutions even though the taxpayer cost for those bailouts was far greater. Housing assistance is the wrong kind of socialism to them.

I really believe wall street feels entitled to that money - that's the real issue IMO - they feel it's being misdirected and should be spent to artificially extend the gilded age by subsidies to themselves. I'm not surprised though, the people whose lives will change the most and who have the most to lose will resist and deny - but the ground shifted, they need to accept the new reality that a massive imbalance has occurred and it must be reconciled now.

[GeorgeGist]

10. Santelli knows that if consumers refused to lose ...

some of their earned income, corporations couldn't manufacture profits.