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Rick Santelli on his CNBC mortgage rant: 'We really, really tapped into a nerve'
The Chicago Tribune ^ | February 22, 2009 | Phil Rosenthal

Posted on 02/22/2009 8:55:44 PM PST by 2ndDivisionVet

According to CNBC’s Rick Santelli, he didn’t launch into his self-described rant on the floor of the Chicago_Board of Trade against President Barack Obama’s mortgage bailout plan the other day with any other agenda than to vent his belief “the government is promoting bad behavior” through the program.

Santelli said over the weekend it was only just occurring to him how his newly raised profile from his call for a Chicago Tea Party -- which seems to have resonated with many Americans, made him a viral video star and drew a White House rebuke -- might be parlayed into other opportunities, as discussed in my Feb. 22 Chicago Tribune column.

“I don’t think in those terms, but maybe_I_should now,” Santelli, 52, a full-timer on CNBC since 1999 whose current contract is set to run out around the end of this summer, said from his west suburban home. “I have three daughters. I have the whole college thing and what not. You’re absolutely right.”

Santelli, who doesn’t have an agent, said he already has heard from several publishers, a prospect that interests him. (“I’m kind of a closet writer and a closet oil painter,” he said.) And he_previously has enjoyed doing talk radio. That said, he noted, “I’m pretty happy with what I do.”

If nothing else, his value to CNBC has increased demonstrably with the exposure it has brought to the cable network owned by General Electric’s NBC Universal. His video has set a record at CNBC.com, scoring many times as many page views as the site’s previous_leader, a 2007 rant by Jim Cramer.

“I’ve been associated with them 14 years, 10 years on the payroll, and you never see me much in commercials and what not,” Santelli said. “Boy, has that changed in the last 36 hours.”

(Excerpt) Read more at newsblogs.chicagotribune.com ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: bailout; bho2009; bho44; economy; obama; porkulus; santelli; stimulus
Similar to "...I'm mad as Hell, and I'm not gonna take it anymore!" in the movie Network but in real life!
1 posted on 02/22/2009 8:55:44 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Yes, and keep tapping.


2 posted on 02/22/2009 9:02:10 PM PST by freekitty (Give me back my conservative vote.)
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To: 2ndDivisionVet
I hope Mr. Santelli has a spotless background, because the little wench in the White House legal dept. with no legal background will be looking to uncover some serious dirt on him in the coming days. Count on it.
3 posted on 02/22/2009 9:03:05 PM PST by Major Matt Mason (The Kenyan Keynesian will bankrupt this nation.)
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To: freekitty

Santelli in 2012’


4 posted on 02/22/2009 9:03:39 PM PST by Anti-Kenyan
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To: Major Matt Mason

Maybe we should start a collection now for his legal defense fund.


5 posted on 02/22/2009 9:04:10 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: 2ndDivisionVet

There were more than a few Obamabots on the Trib site to denounce him as per the usual talking points:

He’s a trader himself

He’s a wealthy white male

He was irresponsibly spreading panic himself

He didn’t complain enough about this whole thing being Bush’s fault

He didn’t complain about this whole thing being Wall Street’s fault

He didn’t rant about the gathering storm years ago

I’m just wondering when the “Joe the Plumber” dirt-dishing is going to commence. The fact that some of the Obama partisans in state gov’t that leaked confidential information about Joe the Plumber ACTUALLY got fired over it may have had a chilling effect on others.


6 posted on 02/22/2009 9:04:22 PM PST by sinanju
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To: 2ndDivisionVet

I just want so very badly for something we can do to protest this madness!

Some kind of “tea party” is an excellent idea.
But specifically something that tens of millions of Americans can do.

Granted, maybe the only “tea party” that really matters is the 2010 elections.


7 posted on 02/22/2009 9:06:58 PM PST by Names Ash Housewares (Refusing to kneel before the socialist messiah. 1-20-13 Freedom Day.)
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To: Anti-Kenyan

tag line for free use............


8 posted on 02/22/2009 9:09:52 PM PST by spokeshave (Palin-Santelli '12)
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To: freekitty

Check out the trader who gets into the camera at 1;22 and says “let’s not pay our mortgage, I heard it’s a moral hazard.”


9 posted on 02/22/2009 9:12:01 PM PST by max americana
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To: 2ndDivisionVet

There has been a groundswell of anger amongst the middle class for a long long time. The welfare state, crime, public education, immigration, particularly illegal immigration, racial preferences/pandering.

The GOP loses power when it failed to recognize this and act on it.


10 posted on 02/22/2009 9:13:53 PM PST by A_Former_Democrat
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To: 2ndDivisionVet
Yeah but the movie ends with him being shot to death on live television. I'm sure if Rick Santelli continues his vilification will be in hear gear this week.
11 posted on 02/22/2009 9:15:11 PM PST by topfile
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To: Names Ash Housewares

This has to be dealt with soon, there is not time to deal with this at the next election.

They will blink or it will be a real mess. Making no predictions, but it will not be pretty.

Don’t think this can take longer than 6 months without a real conflict.


12 posted on 02/22/2009 9:15:53 PM PST by Texas Fossil
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To: 2ndDivisionVet

Channelling Howard Beale ;-)

Mr Santelli deserves a louder voice than that pissant network will ever give him.

Roger Ailes, are you listening?


13 posted on 02/22/2009 9:17:26 PM PST by bigbob (-)
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To: bigbob
Channelling Howard Beale ;-)

He will only be able to "meddle with the primal forces of nature" for so long.

14 posted on 02/22/2009 9:18:20 PM PST by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: 2ndDivisionVet

Here’s a thought:

When they finally throw that lying thug Burris out of the Senate, Santelli can take over.


15 posted on 02/22/2009 9:19:10 PM PST by BobbyT
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To: nutmeg

find later


16 posted on 02/22/2009 9:19:46 PM PST by nutmeg (DemocRATs: The party of tax cheats and other assorted crooks)
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To: max americana

I saw that and I loved it.


17 posted on 02/22/2009 9:23:20 PM PST by freekitty (Give me back my conservative vote.)
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To: 2ndDivisionVet
I respect and value Santelli’s commentary but I hope he doesn't seek any Offices. We need outside, objective commentary and this is impossible once one sullies themselves with Public ‘Service’.

Frankly, I am more than tired of everything treated as a Marketing Opportunity. Once the notoriety is obtained can a book deal, endorsements and speaking fees be far behind? (Case in point, the worthless, dysfunctional Octomom) Next thing you know he'll be pimped out promoting Starbucks or some other inane product.

Hope he stays put and continues in his fine and accurate commentary.

18 posted on 02/22/2009 9:23:53 PM PST by TCats
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To: Army Air Corps
Maybe we should start a collection now for his legal defense fund

Or to hire a few security guards???

19 posted on 02/22/2009 9:26:25 PM PST by ChrisInAR (The Tenth Amendment is still the Supreme Law of the Land, folks -- start enforcing it for a CHANGE!)
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To: Major Matt Mason

They’re going to find that overdue library book from 1987. You wait and see.


20 posted on 02/22/2009 9:30:59 PM PST by EDINVA
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To: 2ndDivisionVet

‘We really, really tapped into a nerve’

Yes, you did—you incited confidence and righteousness in those that are destined to oppose the leftist cannibal’s that have infested our capital city!

The Kenyan is a leftist slug and needs to be fiercely opposed—NOW, AMERICA!

If our glorious Republic is to survive Barry’s era then we must hit early and often—we must keep them back on their heals from now until they fall backwards out of power in 2 and/or 4 years.

Keep it up, Americans!

Speak out, whenever you can!

We have to balance the left or we’ll be in it up to our eyeballs!


21 posted on 02/22/2009 9:39:02 PM PST by Boucheau
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To: 2ndDivisionVet

Anyone know how Santelli is registered and who he gave money to?


22 posted on 02/22/2009 9:49:41 PM PST by tubebender (UTAH where you set your clocks back 20 years...)
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To: 2ndDivisionVet

I hope he’s prepared to be audited four years in a row.


23 posted on 02/22/2009 9:57:42 PM PST by Trod Upon (When it's time to shoot, shoot!)
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To: tubebender

he claimed onaor that he voted for McCain..so he’s a RINO :)


24 posted on 02/22/2009 10:44:50 PM PST by catbertz
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To: catbertz

“he claimed onaor” corrected as: “he claimed on-air”


25 posted on 02/22/2009 10:46:00 PM PST by catbertz
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To: 2ndDivisionVet

bflr, thanks for the post.


26 posted on 02/23/2009 1:33:15 AM PST by RepublicanChick
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To: A_Former_Democrat
The GOP loses power when it failed to recognize this and act on it.

The GOP lost power when it decided to sacrifice Conservative principles by moving towards the socialist left to expand the voter base.
27 posted on 02/23/2009 5:40:33 AM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: 2ndDivisionVet
"...I'm mad as Hell, and I'm not gonna take it anymore!"

or “The emperor has no clothes” folk tale.

28 posted on 02/23/2009 5:48:53 AM PST by McGruff (Oh no, there goes Tokyo! Go go PORKZILLA!)
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To: 2ndDivisionVet

Santilli has a point, of course, but he’s missing the forest for the trees. The point of Santelli’s “revolt” is that 75 billion dollars is being spent to help “struggling” families repackage loans (and many of these folks are “under water” due to their own duplicity or stupidty, true) but this is a mere pittance in the terms of the gargantuan amount of money being thrown at the banks, the Wall Street wizards, and the rest of the rocket scientists who are the root of this problem. At the end of the day, of course, the question is the same question that’s always been at the heart of economic politics: Which side are you on? And the answer, if you look at the hard data, is that most Americans are Grassroots Populists: those who think Wall Street and the government are colluding to rip off taxpayers, and who think the crumbs of aid for so-called “losers” that Santelli is ragging on is way too small — not way too much.

The gap, of course, is in the portrayal. If you watch television or read op-ed pages, the Market Populists get most of the attention. Indeed, Market Populism is portrayed as the “centrist” mainstream sentiment in the United States. Meanwhile, Grassroots Populism (ie. seething populist anger at Corporate America) is depicted as the ideology only of a tiny fringe. It’s as if the media is a funhouse mirror on society — a bizzaro world where up is down, black is white, and free market fundamentalism is portrayed as a mass-based movement.


29 posted on 02/23/2009 6:25:45 AM PST by seatrout (I wouldn't know most "American Idol" winners if I tripped over them!)
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To: 2ndDivisionVet

RANT ON RICK! WE LOVE YOU!


30 posted on 02/23/2009 6:31:01 AM PST by classified
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To: 2ndDivisionVet

The other lightweights on cnbc are fuming at Sanelli becoming the face of CNBC.

Today they were attacking Santelli again. Essentially anyone in the studio is a left wing appologist for Obama.

(today was all envirowacko socialistm, they even had reid and poedesta on for interviews)


31 posted on 02/23/2009 6:33:46 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: 2ndDivisionVet; All

They, cnbc, have a “rebel yell” commercial.

(IOW if you are against obama then you are a racist confederate)

I wish fox business channel was up to snuff.


32 posted on 02/23/2009 6:36:44 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory

Have they dug up anything in his personal life or taxes, etc?

Traffic tickets?


33 posted on 02/23/2009 6:37:17 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
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