A Modern Tea Party in Chicago
Let’s hear it for CNBC’s Rick Santelli! On the floor of the Chicago Board of Trade this morning, “Santelli and the traders on the floor of the CBOE express outrage over the notion they may have to pay their neighbor's mortgage, particularly if they bought far more house than they could actually afford.” The outrage is a response to President Obama's plan (see also here) to prevent home foreclosures, which he announced yesterday.
Watch Rick Santelli speak the truth.
Norm Leahy at Tertium Quids hits it perfectly, saying:
“Those of us who have been responsible and paid our bills are being played for suckers under the current regime. At some point, the responsible people will say "enough."
As radio talk show host Sean Hannity would say, “Rick Santelli, you are a great American.”