Rick Santelli Rant
I just saw the Rick Santelli Rant and loved every second of it. I’m not posting it here folks because it’s all over the whole friggen net anyways. Suffice it to say that Rick Santelli is livid about the whole approach that the Obama administration is taking with the Stimulus package. But Rick is a bit more pissed about a particular issue. He’s pissed that responsible people who have done what they had to do to pay their mortgages are now being penalized by Obama. Yes, we, the responsible, are being penalized because we have to bail out our irresponsible lazy neighbors. If you default on your mortgage under the Obama plan then a whole world of goodies awaits you in the form of grants and leeway etc… However, if you have been keeping up with your mortgage then you get jack shit.
Let those mortgages forclose! It will allow investors with the cash to buy them and create a new demand. It’s those rich people that everyone hates who are going to turn this economy around. The rich are the ones who will buy up foreclosures and start turning this market around. But OH NO! Obama doesn’t want that to happen. He wants me to pay for my neighbors mortgage through higher taxes.
Bullshit!!!!!!
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