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Santelli's Chicago Tea Party [video transcript and NRO's interview]
various | February 19, 2009

Posted on 02/20/2009 7:59:41 AM PST by Tolik

The VIDEO that went viral

Full Transcript (thanks to

RICK SANTELLI: The government is promoting bad behavior. Because we certainly don't want to put stimulus forth and give people a whopping $8 or $10 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, President and new administration? Why don't you put up a website 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 that might have a chance to actually prosper down the road, and reward people that could carry the water instead of drink the water?

TRADER ON FLOOR: That's a novel idea.

(Applause, cheering)

JOE KERNEN: Hey, Rick... Oh, boy. 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! How many of you people want to pay for your neighbor's mortgage that has an extra bathroom and can't pay their bills? Raise their hand.


President Obama, are you listening?

TRADER: How 'bout 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 I'm...

CARL QUINTANILLA: Get some bricks and bats...

SANTELLI: Don't get scared, Joe. They're already scaring you. You 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 them on water, too, which is a little strange to watch.

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 could go down to -2%. They can't afford the house.

KERNEN: ...and still have 40%, and still have 40% not be able to do it. So why are they in the house? 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.

REBECCA QUICK: Wow. Wilbur, 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 gonna start organizing.

(Whistling, cheering)

QUICK: What are you dumping in, what are you dumping in this time? Housing...?

SANTELLI: We're going to be dumping in some derivative securities. What do you think about that?

QUINTANILLA: Mayor Daley is marshalling the police right now.

KERNEN: Rabble-rouser.

QUINTANILLA: The National Guard.

After Jason Roney of Sharmac Capital makes some comments, it's back to Santelli.
QUINTANILLA: You know, Rick, one of our producers says if Roland Burris steps down, man, "Senator Santelli," the junior senator from Illinois. It's a possibility. I'm just saying...

SANTELLI: Do you think I want to take a shower every hour? The last place I'm ever gonna live or work is D.C.

KERNEN: Have you raised any money for Blago?

SANTELLI: No, but I think that somebody's gonna have to start raising money for us.

QUICK: Hey, Rick? Can you do that one more time, just get the mob behind you again?

QUINATILLA: Have the camera pull way out.

QUICK: Yeah, pull way out. Everybody listen to Rick Santelli.

KERNEN: He can't... I don't think... You can't just do it at will, can you Rick? I mean, you have to say something.

QUICK: No, do it at will. Let's see.

SANTELLI: Listen, all's I know is, is that there's only about 5% of the floor population here right now, and I talk loud enough they can all hear me. So if you want to ask 'em anything, let me know. These guys are pretty straight forward, and my guess is, a pretty good statistical cross-section of America, the silent majority.

QUICK: Not so silent majority today. So Rick, are they opposed to the housing thing, to the stimulus package, to everything out there?

SANTELLI: You know, they're pretty much of the notion that you can't buy your way into prosperity, and if the multiplier that all of these Washington economists are selling us is over... that we never have to worry about the economy again. The government should spend a trillion dollars an hour because we'll get 1.5 trillion back.

WILBUR ROSS: Rick, I congratulate you on your new incarnation as a revolutionary leader.

SANTELLI: Somebody needs one. I'll tell you what, if you read our founding fathers, people like Benjamin Franklin and Jefferson,... What we're doing in this country now is making them roll over in their graves.

TOPICS: Editorial; Front Page News
KEYWORDS: chicagoteaparty; porkulus; ricksantelli; santelli; socialism; stimulus; taxes; teaparty
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To: Quiet Boston Patriot
Is it my imagination that today he sold out?

He was invited to the White House today - most likely escorted by large black men with no necks wearing sunglasses and string ties.

I imagine he got the "You Are Tampering With The Primal Forces Of The Universe!" friendly warning.

21 posted on 02/20/2009 1:40:00 PM PST by Old Sarge (Obama Dozed, People Froze)
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To: Tolik
Becky Quick is a total babe.

22 posted on 02/20/2009 2:41:11 PM PST by wastedyears (April 21st, 2009 - International Iron Maiden Day)
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To: Tolik
The White House is lashing out publicly and personally at a CNBC reporter whose attack on President Barack Obama’s anti-foreclosure plan caught fire on the Internet on Thursday.

The Liberal Messiah, and his followers, know that Santelli touched a nerve. The People are fed up with the Imperial Congress and its Messiah. Within the next few years, if not sooner, the People's frustration will come to a head.

23 posted on 02/20/2009 2:52:20 PM PST by Repeal 16-17 (Let me know when the Shooting starts.)
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To: Venturer
We need a tea party in every town and city in the nation.


Let's get their attention, BIG TIME.

24 posted on 02/20/2009 2:57:32 PM PST by unixfox (The 13th Amendment Abolished Slavery, The 16th Amendment Reinstated It !)
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To: Clint N. Suhks
Santelli will soon be destroyed by his own media counterparts and the White House. What matters is how we as a people react to this. Does Santelli go down the memory hole? If he does, we're on our way to a Harrison Bergeron-like society.
25 posted on 02/20/2009 3:17:09 PM PST by Carling ("We've lost two people in my family because you dickheads won't cut trees down," - Warwick Spooner)
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To: Tolik
Santelli, Conservative Talk Radios NEXT national popular HOST?

There is a lib station frequency you can bid for Santelli!


26 posted on 02/20/2009 3:55:01 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: madison10

I like Mark Sanford, but today he said he may take some of bailout money for SC, because the Mayors of some cities are screaming to Congress....there will be a shaking from this Santelli outcry, and I’ll go to the “tea party” on Lake Michigan to support Santelli if I have to.

27 posted on 02/20/2009 5:35:12 PM PST by Kackikat (.It's NOT over until it's over and it's NOT over yet....The Trumpet will sound....)
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To: Candor7

Now we know what causing people to commit suicide in The Happening. :)

28 posted on 02/20/2009 6:14:10 PM PST by Repeal 16-17 (Let me know when the Shooting starts.)
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To: Tolik

Y’know...the tea party idea sounds great.

I just have one question: What do we DO?

I mean...the original Patriots had tea to throw into Boston harbor. We have nothing to ‘throw’. I’ve already filed my taxes. protests with a bunch of talk don’t accomplish anything.

Something needs to be done that will cause one of two outcomes: either A) the politicos in washington have the bejeebers scared out of them and start changing things, or B) we sent up for secession of states that will no longer agree to Zero’s plans OR open revolt (American Revolution v. 2.0).

That is how I see it.

29 posted on 02/22/2009 7:30:50 AM PST by hoagy62 (Obama: slowly sucking the positive attitude out of the US since 11-4-08)
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