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“Do we really want to subsidize the losers?”


From the floor of the Chicago Mercantile Exchange, Rick Santelli, an angry CNBC reporter, lashed out at the Obama administration’s plan for mortgage relief:

“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!”

Here is a link to the righteous rant on video.

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum writes and speaks widely on ACORN and other radical advocacy…
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