CNBC's Rick Santelli and the traders on the floor of the CBOE express outrage over the notion they may have to pay their neighbor's mortgage, particularly if they bought far more house than they could actually afford, with Jason Roney, Sharmac Capital.
He also offers a comparison of Cuba changing over from a individualist to collectivist society and the effect it has had on their economy.
Would You Join Santelli's "Chicago Tea Party?"\
Poll http://www.cnbc.com/id/29283701
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You cannot legislate the poor into freedom
by legislating the wealthy out of freedom.
What one person receives without working
for, another person must work for without
receiving.
The government cannot give to anybody
anything that the government does not first
take from somebody else. When half of the
people get the idea that they do not have to
work because the other half is going to take
care of them, and when the other half gets
the idea that it does no good to work because
somebody else is going to get what they
work for, that my dear friend, is about the
end of any nation.
You cannot multiply wealth by dividing it.
Quote from the late Dr. Adrian Rogers....
MASSIVE AMOUNTS OF CAPITAL HAVE BEEN DESTROYED !!!!! That's how the great Depression came about and enabled the rise of Hitler. Want WW III ? Do what Herbert Hoover did ! And I am a Conservative Republican Capitalist ! That's how bad things are !
castillianwagon500 2 years ago
I want you to explain how greatly increasing the national debt, raising taxes(how do you think he is going to pay for this), growing the government to a size we have never seen, and continuing a costly occupation in Iraq is going to help the country?? You say you are a conservative, but you are supporting a socialist policy. So in what way are you a conservative? Stop listening to the main steam media and take a look at what is really going on in the country
DustinBowers15 2 years ago
No Obama wants you to think that so he can pass his socialist agenda! Rules for radicals "Never let a crisis go to waste"
DustinBowers15 2 years ago
If we had not done what we have done we would be in a 1930s style economic depression. That would bring on WW III ! That's not a good deal.
castillianwagon500 2 years ago
If you are supporting this stimusis package, you sir are not a conservative and I will take it another step and say that you are what is wrong with the republican party!
Ron Paul 2012 rEVOLution
DustinBowers15 2 years ago
Tells it like it is. But how about if we do nothing but as a result half the people on that floor lose their jobs. I am a Conservative Republican but the damage is so severe I don't see any other way out of this.
castillianwagon500 3 years ago