This Santelli guy is NOT a hero, you moron. Upwards of $3 TRILLION is going to be spent on bailing out the FINANCIAL INDUSTRY. And you’re upset about MORAL HAZARD? No irony there. NONE WHATSOEVER.
You want to get upset about something? Direct your ire at the trading floors, financial institutions and investment banks, managing directors and executives, financial promoters, washington lobbyists and deregulating politicians who are principally responsible creating this DISASTER. They are culpable to a degree that FAR EXCEEDS the average foreclosure case.
Do I approve of bailing out non-payers? No. But most of us see some pragmatic value in attempting to mitigate foreclosure activity, attempt to stem the bleeding. Santelli the “Trading Floor Dick” is part of the crowd that created this mess. Don’t be a fool. What a ridiculous post.
