[quote=j]OK, but where is the clip of Santelli being wrong? Santelli and Mark are the only two I see no CNBC that make any sense. Santelli and Mark were against the bank bailouts and they are against the irresponsible homeowner bailout, like me.
Why is the media trying make it sound like Santelli is only against the irresponsible homeowner bailout?[/quote]
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You are correct, j. Santelli has been against ALL the bailouts, and I’ve never seen him advocate giving money to the banks or Wall Street.
The fact that this video is going viral, and that the White House attempted to make Santelli look like an uninformed rube the next day (?) makes me suspicious (there I go with my tin foil hat, again).
Why is nobody correcting the people who are trying to discredit Santelli?
I’ve watched CNBC for years, and Santelli is the ONLY one who has been making sense all along.
He’s right. There is a major minority or minor majority who do NOT want to pay peoples’ mortgages.
I don’t mind helping people who’ve gotten cancer (or some similar disabling illness) and have to be out of work for an extended time, or those who’ve have had some very serious, totally unexpected emergency hit them. But the notion that we have to pay for some jackasses who overspent and maxed out their finances during the good times — making no provisions for the bad times — makes me furious.
If renting is good enough for my family, then it’s good enough for their families. I have no more sympathy for them than they did for renters who’ve lost their homes due to having LLs who wanted to flip homes or get foreclosed on…or the people who were tossed out of their homes when the specuvestors converted apartments to condos. Let them fail.
