in the wrong era. Soundly refuting
liberals online since 2000. NOTE: That is NOT
me pictured at left. :)
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Audacity of Truth
"Diplomacy":
"People are saying what in the world is going on with North Carolina, we look like Mississippi." - NC Gov. Bev Perdue (D) on the passage of Amendment One, 5-11-12
“Chicago Tea Party” re: the stimulus bill?
Heck yeah, I’m all for it!
Here’s part of the transcript, via Tom Blumer:
Becky Quick, in studio: …. Rick have you been listening (to the previous conversation)?
Rick Santelli, on trading floor: Listening to it? I’ve been just glued to it because Mr. Ross has nailed it. You know, the government is promoting bad behavior, because we certainly don’t want to put stimulus forth, and give people a whopping eight or ten dollars in their check, and think that they ought to save it.
And in terms of modifications, I’ll tell you what, I have an idea. You know the new administration’s big on computers and technology. How about this, (Mr.) President and new administration — Why don’t you put up a web site 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 who might have a chance to actually prosper down the road, and reward people that could carry the water, instead of drink(ing) the water.
Trader sitting near by: What a novel idea! What? Who thought of that!
(traders in the pit start clapping and cheering)
Joe Kernen, in studio: Rick, they’re like putty in your hands. Did you hear –
Santelli: No they’re not, Joe. They’re not like putty in our hands! This is America! (turns around to address pit traders) How many of you people want to pay for your neighbors’ mortgage that has an extra bathroom and can’t pay their bills? Raise their hand. (traders boo; Santelli turns around to face CNBC camera) President Obama, are you listening?
Trader (sitting nearby, goes over to Santelli’s mike): How about we all stop paying our mortgage? It’s a moral hazard.
Kernen: It’s like mob rule here, I’m getting scared. I’m glad –
Santelli: Don’t get scared, Joe. They’re already scaring you. Y’know, Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now they’re driving ’54 Chevys, maybe the last great car to come out of Detroit.
Kernen: They’re driving ‘em on water too, which is a little strange to watch, at times.
Santelli: There you go.
Kernen: Hey Rick, how about the notion that Wilbur pointed out, you can go down to 2% on the mortgage …..
Santelli: You can go down to minus two percent, they can’t afford the house!
Kernen: ….. and still have 40% not be able to do it, so why are we trying to keep them in the house?
Santelli: I know Mr. Summers is a great economist, but boy I’d love the answer to that one.
(some cross-talk)
Quick: Wow. You get people fired up.
Santelli: We’re thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I’m going to start organizing.
Where do I sign up? 
Related: NRO Talks to CNBC’s Rick Santelli
RSS feed for comments on this post.
Check out this link, ST. I think there’s a renter’s revolt brewing over the mortgage bailout.
This fight ain’t over yet.
It’s simple: you sign up by not making your mortgage payments!
AMEN BROTHER!!! If I were a woman I would want to bear this man’s children!!!
– Lorica
Lorica: According to so many of our friends on the left, you could anyway! NTTAWWT.
Talkin’ head needs ta get another job (I’ve got a few suggestions), but the guy in the pit IS. ON. FIRE!!!!……. AND it’s CNBC!!!!!
I skipped on meals/entertainment (last movie seen..who knows..) and now I have to pay someone who was out partying! I understand there are real people, but real people make bad decisions.
I know that when government rolls out plans, it is only the people who figure out how to bilk the system will get the benefit. So the real person who needs will get hosed anyway.
Obama, why don’t we pay people Mortgages in Nigeria as well.
You know, I have to wonder if it just wouldn’t be cheaper or better for the country for Obama to just declare a national debt holiday. On such and such a day, no one owes anyone any debt, period. If you own your house, you get to keep it, it’s yours, same with your car, same with your taxes. Renters get a month of rent free. Corporations own no one anything, even your paycheck for that week. No debt for anyone, but it’s just a dream. The government would rather hock our great grand childrens future, than actually do the right thing. It is sad to say, but I am now to the point that I don’t want to bring children into this world of slavery. – Lorica
The CNBC site has a poll on whether you’d like to join the Chicago Tea Party. Right now, the vote is 94% in favor of it.
I know, it’s an internet poll, but it’s more of a mandate than the Dalai Bama has.
’54 Chevy the last great car of Detroit? I understand the sentiment (though it’s mistaken, the CTS, Malibu and Fusion are all excellent, and the Corvette and CTS-V are truly great), but ’54 is a horrible year to pick as a representative of Detroit’s best. It was a stop-gap before the revolutionary ’55s. ’54′s had a six-cylinder with the basic architecture dating from 1928, a chassis that wasn’t much younger. The only things it really had going for it were good styling, reliability, and the introduction of power steering on such a low-priced car.
Sequin, let’s not forget some of the great cars that were offered to us in 68 and 69. Mustangs, Camaros, Challengers, were all young and stretching their legs. LOL
I might have said 68 before I said 54. – Lorica
1964 Chevy Impala, my first car. That was a cruise-mobile, and built to last.
The “New Era of Responsibility” has been reduced to a button.
Put it next to your Gerry Ford “Whip Inflation Now” button.
Maybe instead of a tea party they could have a worthless stock certificates party. After all I don’t think there are any tea freighters currently docked in the lake there in Chicago.
However I bet there is lots of worthless paper floating around the exchanges.
Let me know about your plans. Count me and my husband in. We are sick of what is being shoved down Americans’ throats!!!