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President Obama trumpeted the paycheck tax cut portion of his economic stimulus plan Saturday morning, also using his weekly radio address to preview his first federal budget that he said would be "sober" and mindful of the deficit. Mr. Obama said the fiscal year 2010 budget he will submit to Congress on Thursday will be "sober in its assessments, honest in its accounting." The blueprint for all the federal government's spending "lays out in detail my strategy for investing in what we need, cutting what we don't, and restoring fiscal discipline," the president said

UPDATE 2/20/09: It appears Obama’s White House is mocking CNBC’s Rick Santelli’s criticism of the Obama admin’s housing plan. Apparently: White House press secretary Robert Gibbs poked fun at Santelli by inviting him to come to the White House to read the details of Obama’s plan. “I’d be happy to buy him a cup of coffee,” Gibbs said. In a nod to Santelli’s caffeinated style, Gibbs then wryly added: “Decaf.” All I can say to Gibb and Obama is… PICK ME! PICK ME! I’m ready, you idiots….Back to your usual programming….~~~ Oh fer heavens sake, are these people brain dead...

Quick Takes: A “Stimulating” Week’s Worth of Blogging in One PostSubtitle:Chicago Tea Party Taking on Steam Nationwide***********************EXCERPT************************* After the famous Rick Santelli rant at the Chicago Board of Trade, efforts across the country to protest the Obama vote buying no-stimulus bill are increasingly being identified as “Tea Parties.”Michelle Malkin has been on the forefront of the revolution with a current wrap up here that includes videos, photos, songs and ideas for protests large and small. Earlier in the week she posted photos she took at one such event in Arizona.I especially like the one behind the Pelosi Plane which says...

CNBC's Rick Santelli seems to have struck a chord, at least with my readers. Here is one email: "Santelli is a new joe the plumber. The challenge to obama is an american self reliance tradition that obama derides in favor of the harvard/belgian school of public policy. The real gamble is obama risking trillions and hoping it will not drive up borrowing rates for the long term, that it will not encourage the 5% to cut back on realization of income and thus reduce tax revenue. It is a huge gamble and audacity of hope is unaware of the risk....

Will the Obama Administration's plan to save the U.S. economy actually help the markets? CNBC's Rick Santelli on Thursday sparked a revolution of sorts on the floor of the Chicago Board of Trade. Santelli's televised rebuke has been heard around the world. From The Chicago Tribune to TV Newser, read what others are saying about his rant...College NewsRick Santelli’s rant against President Barack Obama’s new mortgage bailout plan has become an internet sensation amongst those opposed to Obama’s latest economic measure. (Read Full Story)Briefing.comCNBC is really milking Rick Santelli's rousing floor chorus of boos for certain aspects of the housing...

I might as well make it three Rick Santelli posts in a row, since he's our new hero! I missed this one from yesterday on The Today Show. It's worth watching because Santelli once again lays out the case for personal responsibility and fairness for the 92% of Americans who are paying their bills. The Today Show Obama apologists are obviously perplexed by Santelli's common sense attitude. . . . . . (Watch Video)

The Enforcers Assault Rick Santelli February 20, 2009 RUSH: Anyway, remember when Sarah Palin was introduced by Senator McCain, the left-wing media and a number of people, lawyers were dispatched to Alaska to go through her garbage and anything else to find anything incriminating? Planeloads of liberal lawyers. So poor old Rick Santelli of CNBC, I'm just wondering how long it will be before planeloads of liberal lawyers sweep into his neighborhood, go through his trash, check out his kids' dating habits, because the White House obviously could not have been happy with what he did yesterday. But the...

The revolution continues.

After previously picking a fight with Rush Limbaugh, the White House has now officially confronted CNBC financial reporter Rick Santelli. I don't think it's about a White House that wants to oppose Santelli, as opposed to a plumber. Although I might be concerned about any private info on file with the government were I Santelli. I think we're seeing a WH that looks like it's being run more like a Chicago Ward, than the house that most presidents lived in. This is about attacking everyone and everything that opposes you. In the end, it demeans the office and raises serious...

Last year a casual neighborhood visit from Obama, during a photo-op door-to-door campaign, produced Joe the Plumber. Now, from an equally unlikely source (CNBC), comes Joe's blood brother -- Rick Santelli. The issue is still the same: spreading the wealth. In case you’ve been sequestered on a murder jury the last few days, Santelli did a five minute rant on CNBC ripping Obama's bailout plans. See the video here. The audacity of this obscure CNBC correspondent! This upstart, Rick Santelli! His network colleagues, NBC’s Brian Williams and talk show host Matt Lauer, interrogated Santelli on air, with negative results. White...

It's a confusing time on the Obama honeymoon, and it's hard to concentrate with Rick Santelli ranting in the background. But strangely, the White House is putting some natural allies on notice, for example telling home-state Senator Roland Burris to "take some time this weekend" and think about his future, while drawing favorable reviews for political adeptness from the conservative crowd. Meanwhile, a Republican governor did spurn some stimulus funds — nearly $100 million to boost unemployment benefits. The spin from Lousiana's Bobby Jindal was that business would be unduly taxed if he took the money, and he'll bump jobless...

"Dear CNBC, Santelli is the man. good day, aston p.s. The rest of you are morons." That's an actual e-mail that a viewer just sent us, at 11:22 this morning. There are about 5,000 others just like it that have flooded our e-mail box since yesterday morning, when Rick Santelli issued the shot heard round the world. And that's just in the Squawk e-mail box. Close to 1.4 million people have relived the moment on CNBC.com ... hundreds of thousands more have checked out bootleg copies on YouTube and other Web sites. One viewer sent us a special "Santelli For...

Is this the new standard? It's OK for one member of the MSM to ask another for whom he voted? Great: bring it on! On this afternoon’s Hardball, Chris Matthews put the question to Rick Santelli. And rather than resorting to the typical dodges, Santelli answered the question without hesitation. CHRIS MATTHEWS: Let me ask you a question: did you vote for Obama or McCain? RICK SANTELLI: I voted for Mr. McCain. It should be between me and my God–but I did! MATTHEWS: I want to know where you’re coming from personally, because you’re coming down hard on Barack, that’s...

The Day They Drove the Market Down Rick Santellis' my name and I report from the Board of Trade Til Obamas MBAs came and tore up the market again In the winter of 2009, we were wondering, would the country survive After a month, it was easy to tell, we were heading in a hand basket straight to Hell The day they drove the market down, and all the bells were ringing The day they drove the market down, and all the traders were singin' They went "I don't want to have to pay for - my neighbors house and...

White House Spokescreep Robert Gibbs came out swinging against an entire class of Americans today, suggesting that the administration feels confident that the notion that what's good for a derivatives trader is good for America, and giving us a glimpse into the socialist morals being forced on the American people. After all, what are the financial markets except the engine that gives our economy the belt-room to grow?

Here is video of new hero to free-market capitalists, Rick Santelli, smacking down the smart-mouthed hosts on MSNBC this afternoon who tried mocking him and a floor trader in Chicago. Santelli came right back at them, saying bluntly to the trader about the hosts, "they are being kind of rude to you." Rick Santelli is the real deal! . . . . . (Watch Video)

Here is video of Rick Santelli responding to the attack on him today by White House Press Secretary Robert Gibbs. Santelli appeared on Hardball with Chris Matthews. Of course, Matthews was the usual Obama apologist, even calling him "Barack." He's on a first-name basis with Obama, and had the gall to press Santelli on who he voted for, as if Santelli is biased and Matthews himself is not. Santelli did say he voted for John McCain. Santelli acquits himself well here, and is becoming a real spokesman for sanity in the midst of the headlong rush to socialism underway here...

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Did Rick Santelli recant this morning? I'm not referring to his use of the word "losers." I SO want to be wrong.

The CNBC squawker is already, by now, infamous for his rant about "the losers' mortgages." Matt Drudge and the conservative blogosphere tried to turn him into the new Joe the Plumber -- or perhaps something even bigger. Now, if White House press secretary Robert Gibbs has his way, Santelli may become something quite different -- the public face of opposition to President Obama's plan to stabilize the housing market. Gibbs tore into Santelli today, blasting him from the White House podium with language that would cause an international incident if CNBC were a sovereign nation. "I'm not entirely sure where...