Mortgage Relief: Rick Santelli & Steve Liesman Debate 'Gov vs Corp'

Fiery CNBC discussion as Liesman just plain thinks the Gov has now responsibility in setting in motion the greed of private sector. In my opinion, it started long before when the credit card companies loosened requirements, led to some of us overextended (yes, I made that choice too) then the 'bailing out' by use of easy money mortgages and inflating home values. For ME it would have ended long ago if easy qualifying sub prime had not been available.

I believe this relates DIRECTLY to where we are in Washington and most State Govs
as they have ALSO run up the 'credit card' with the FED abusing its responsibility by printing more money/QE and other instruments.

I learned the hard way, short sell on house even before the 'crisis' began. Still paying for it today, it hurts, but it is the right thing to do!

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[BudgetBusting]

Santelli is so straight forward he would never make it in politics....I love the way he can use fact to get Liesman so frustrated that he just has to smirk and shake his head, not a rational response.

[leaslibrary]

I check cnbc every day for Santelli updates. The minute I saw the title of this one, I knew it would one to remember! How dare Steve Liesman say what Rick Santelli says is unintelligent! Liberal Liesman needs to buy a clue. Rick knows what he's talking about.

[TheSilverWatch]

Watch whats gonna happen to GLD and SLV....they go DOWN and Physical Precious Metals will Go UP !

[TroySmithforD]

Santelli is TOTALLY on point here!!! and he most often is...I like him..he's the 'dark, bitchier' Ron Paul...and might be a good vice prez running mate.