'Tea Party' call by CNBC analyst Reacts to Obama's economic plans with 'rant' on live TV

WorldNetDaily ^ | 2/19/09 | Jerome R. Corsi

[Sammy67]

CNBC's Rick Santelli this morning at the Chicago Mercantile Exchange With tongue only partially in cheek, a CNBC analyst on the floor of the Chicago Mercantile Exchange this morning responded to President Obama's proposed $275 billion deficit-financed homeowner bailout plan and other massive spending measures with a call for a new "tea party."

Rick Santelli, in a nearly three-minute rant that drew approving hoots and comments from nearby traders, said the Obama administration's promotion of bad behavior must be causing the founding fathers to roll over in their graves.

"We're thinking of having a Chicago Tea Party in July," Santelli told CNBC "Squawk Box" co-anchor Joe Kernan. "All you capitalists who want to show up at Lake Michigan, I'm going to start organizing."

[Katarina]

God bless Rick Santelli! He rocks!

[AngelesCrestHighway]

Go Rick Go!.....

[TennTuxedo]

Our leaders and talk show hosts need to organize a coordinated TEA PARTY in every major U.S. city.

This would be a great opportunity for up can coming leaders to take part in and be seen and heard.

[Falcon4.0]

Let's see if Obie retaliates against Rick Santelli by sicking the IRS on him? Can you say abuse of POWER

[iopscusa]

I think the push back is getting some leggs!

[tcrlaf]

GREAT IDEA, but go ARMED, for when the Obamunists try to have you arrested for Violations of the CLEAN WATER ACT....

[libscum]

It is time to act—THESE SOCIALIST COWARDS sorry Eric, are trashing this country

[veracious]

Nice!

[swarthyguy]

Two faced slimy lying hypocrites, they certainly didn’t mind Bush signing that horrendous boondoggle atrocity, saving the Banker Welfare Queens bacon.

And now CNBC, the whore of the Wall Street, is finding principles.

Better the whole crew of CNBC should jump in the water.

Along with the pukey traders. What profiles in courage.

SCUM.

[hotshu]

CNBC? Wow!

I hope he’s got a good nest egg. Maybe Cavuto can find a spot for him on FBN, ‘cause I have a feeling his time on the National Barack Channel is suddenly limited.

[mtnwmn]

I saw this live and it was something to behold. The hosts of the show tried to divert him but he would have none of it. This is just the tip of the iceburg. There will be others to follow. Pelosi, Reid, and the WHOLE Obama team have already gone too far. It only took about a month!

[dbehsman]

From the speech:

"The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard"

Once regular people start asking the magic question "What if we all stop paying our mortgages?", the housing world is in deep you know what.

We're in for a bumpy ride.

[BrerLion]

http://www.youtube.com/watch?v=bEZB4taSEoA

[ducks1944]

Someone said on another post print out stimulus bill and throw in the lakes and etc. All over this country. Need to set a date and do it lots and lots of big cities in each state!

[MayflowerMadam]

“Our leaders and talk show hosts need to organize a coordinated TEA PARTY in every major U.S. city.”

Good idea. Better idea, though, is to have everyone (who can afford to travel) congregate in one place on a large body of water for depositing tea. It would get much more attention than several small events. A true “million person march”.

[Prov1322]

We love Rick Santelli and sent an email to CNBC to thank him for us before they fire him.

Saw the reports live and love the response from the floor traders around him.

Barry are you paying attention? Or are you too busy talking-down the economy?

[StatenIsland]

“Better idea, though, is to have everyone (who can afford to travel) congregate in one place on a large body of water for depositing tea. It would get much more attention than several small events. A true “million person march”.

‘Stead of calling it a tea party, it should be called a pork party.

Into the lake with copies of the bill!

I would gladly go to Chicago for this...

[MayflowerMadam]

“it should be called a pork party.”

GREAT idea! Fill a lake with bacon strips. Might force some of the Muslim sleeper cells in the area to go away at the same time.

[EDINVA]

gee, I haven’t been to Chicago in a loooooong time. If he does this, we might book a flight soon for the Chicago Tea Party.

[freekitty]

I love it.

[sportutegrl]

Is Snapple considered tea?

[remaxagnt]

HOW LONG BEFORE IMMELT GIVE HIM THE BOOT?

[RoseofTexas]

By tomorrow he'll change his tune. MARK IT! The meidaWHORES and Osama’s administration will be on him like flies on crap!

[dalereed]

Everyone that doesn’t live up to the terms of their mortgage should be thrown out in the street!

[FFranco]

He’s right. There is a tremendous moral hazard in bailing out homeowners who made these stupid decisions. Besides that, the money could much better be used to help out the financial sector, on which our national economy depends.

Thousands of workers and millions of shareholders lost huge amounts of money in the financial market collapse. Use the dollars earmarked for deadbeat homeowners to give more help to those who lost investments and incomes through the collapse of America’s finance sector.

[Fu-fu2]

“I would gladly go to Chicago for this...”

I’m already here. Give a day and time and I’ll be there...

[syriacus]

We rent the house we live in.

We did not think it was a good idea to buy a house with “no money down” and “no income check.”

Why should OUR tax money be used to keep other people in houses they should NEVER have bought?

[syriacus]

How appropriate that this took place in Chicago, the city where Obama and his corrupt cronies did their dastardly work.

[bushwon]

God bless Rick Santelli! He rocks!

<<<He has always been strainghtforward and hard hitting. I just emailed CNBC and complimented them and him on the best commentary since the election!

[highlander_UW]

I'm shocked they didn't pull the plug on him. It was rather telling that the coworker attempted to chalk it up to Santelli’s persuasion as if it didn't really reflect America's mood to Obama’s wealth redistribution from the working class to the lazy class.

[nutmeg]

Article by Jerome Corsi. Here's the video again in case you missed it yesterday (this thing went viral fast yesterday!):

YouTube: Rick Santelli and the "Rant of the Year"

More YouTube videos featuring Santelli

Santelli articles on FR

e-mail CNBC in support of Rick Santelli

[Monkey Face]

Too bad I don’t live there any more. It would be worth participating!

[NYRepublican72]

Our leaders and talk show hosts need to organize a coordinated TEA PARTY in every major U.S. city.

BINGO! On the Fourth of July... Declare our independence from socialist idiotness.

[Alamo-Girl]

Thanks for the ping!

[Ron H.]

You idea would have more impact IMO.

[GOPJ]

God Bless Rick Santelli - he speaks for the millions of us...

[GOPJ]

God Bless Rick Santelli - he speaks for millions of us...

tag:

Do you see $20,000 tulip bulbs for sale? Only a fool OR dem tries to prop up bubble prices.

[rabscuttle385]

*Ping!*

[Ken H]

He was going strong this evening on one of the cnbc shows - and there were 5 other panelists, all of whom seemed supportive!

[Islam=Murder]

Excellent!

Pork-Party, with fried bacon.

Make a point about Porkulus, AND offend moslems!

PS: CARRY BACON. Always. When you fly, bring bacon.

[April Lexington]

I'm not much for these staged events. The REAL Boston Tea Party inflicted some serious economic damage on Gorgie Porgie the Turd...

So let's do some civil disobedience stuff like the Lefties do! Remember the 1960s???? Those bastards (Hi, Billy Ayers! Remember me??? I remember YOU and your little (well, I'll save that for later), anyway... civil disobedience is fun and effective.

[April Lexington]

BINGO! On the Fourth of July... Declare our independence from socialist idiotness.

And... just how do we "delcair" our Independence? Symbolic media event that gets us laughed at? Or, "civil disobedience..." that gets us remembered???

[April Lexington]

Santelli for President!!!!!!!!!!!!

[April Lexington]

Why should OUR tax money be used to keep other people in houses they should NEVER have bought?

Bingo! This is the whole problem. Those who took crazy risk win and those who didn't, pay them! Gotta love socialism...

[April Lexington]

Someone said on another post print out stimulus bill and throw in the lakes and etc. All over this country. Need to set a date and do it lots and lots of big cities in each state!

How about doing something that will get national media attention rather than this symbolic crap that the MSM will ignore. Lets all throw wet tea bags at liberal and RINO congressional crap.

[roses of sharon]

If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin.

Samuel Adams, American Patriot

[GOPJ]

Santelli for President!!!!!!!!!!!!

He's got the votes of the 93% of people who pay their mortgages ...

[MayflowerMadam]

“PS: CARRY BACON. Always. When you fly, bring bacon.”

Fun idea, there. Since people are bringing their own meals on flights now, we could probably spot fellow Freepers by the enormous bacon sandwiches spread on their tray tables. It would keep a nice Muslim-free perimeter, since they’d demand seat re-assignment. Big Costco-size bags of pork rinds (which are yukky) might get some attention, too.