Rick Santelli is the anti-populist

Gil Smart lays into Rick Santelli, who appeared on CNBC last week, to slam the president's bailout and stimulus plans.

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[blackaristo]

Santelli is right. You all will find out painfully enough, and sooner than you think.

[PatsBlog]

Space will not permit me to respond in detail to the absurd notion that the government can solve all of your problems by bailing out failing businesses and bankrupt home owners.

Listen, I am part of the masses who are being steam rolled by this economy, but it is precisely BECAUSE of government intervention that we are in this situation and the government is only going to make things worse by printing money, increasing debt, and bailing out failing businesses.

[Skilbeard]

Wow, you're a visionary. Look at wall street demonstrations recently Santellii is an ass. He was just anti Obama. Toxic asset is still a problem and wall street was bailed out but not people who tried their best to pay their mortgage.

[snukeattack]

We should feel sorry for people because it took them losing their homes to realize that they should buy what they can afford? Sure, the whole system is flawed and the 'game' is rigged, but I was raised to stay within my means so as to avoid being screwed. Nobody cares that my college debt cannot be refinanced, even by declaring bankruptcy, so I say let them eat cake. Their children will know the evils of credit and learn from the massive lapse in judgment of their parents.

[analogiest]

Santelli, the prophet...

[jabberwolf]

@inbetweentheday

He didnt wanna bailout the banks too.

YES AND LOSERS SHOULD LOSE !! and we should not subsidize their loss !!

[DaveElectric]

Since when did anti-populism become a derogatory position? The more people that agree with you the more likely you are wrong for there is no greater determinate for falsehood then how comfortable an idea is.

[inbetweentheday]

How many of you want to bailout the banks and WallStreet ? Rick Santelli lives in another world ripping off people on WallStreet

[squizzbutt]

@somersetdc Then show me where you see Santelli "serves" corporate ideals. You obviously don't watch CNBC as you'ill realize that Santelli is one of the few on there that speak the truth about our corrupt GOV and their horrible policies. He was against the bailouts. He's against monetezation of our debt to keep this phony economy going. If you want your dollar debased, then support this administration.

So, don't be a typical liberal tool. Get your facts straight before you spout your BS.

[squizzbutt]

This guy look like an idiot now. He says that Santelli doesn't represent "real america" after his rant about more bailouts...this time for homeowners. This guy doesn't get it...Santelli is the life-blood of REAL AMERICA! He was against the bank bailouts...and for any bailouts at all...that's the real american idea. Success and failure...it's all part of capilistism. Being a real american isn't based on your financial standing...it's based on what originally made this country great.

[itsoktoaskaquestion]

Sorry Somersetdc your wrong again. Santelli has been on CNBC for over a decade. He reports the financial markets based on undisputable numbers. Politics meet the market and Santelli reports on it. I think the administration thinks they can lie and no one will know. Santelli called out Geithner 6-3-09 about how he lied about monetizing the debt. Santelli was also right about the housing plan, it was really bad, Obama changed it the next week. Faux populist. no way, Great reporter, Great American!

[somersetdc]

Very good video. I reached the same conclusionin February when frist I heard Santellis rant--Santelli is a faux populist whipping up hysteria among the ever-shrinking middle class in an effort to serve conservative/corporate America's ideals.

Basically those ideals are: subsidies, tax-breaks and government support for the financial industry, large multi-national corporations and the millitary industrial complex. However, individuals deserve/recieve no govt. support in a "free market" economy