Rick Santelli Rant/Obama Foreclosure Plan

Enoch · Feb 22, 2009

If you have not seen or heard this it's a must watch!

:applause::applause: Thank you Mr. Santelli for speaking up for millions of Americans who are in agreement!!!!!!!!! :thumbs::thumbs:

http://www.youtube.com/watch?v=bEZB4taSEoA

“I’m mad as *%#^ and I’m not going to take it anymore!”

In the 1970s, that phrase was made popular by the movie “Network,” where anchor Howard Beale parodied what TV news might become. In 2009, millions of us are mad as hell –- not at TV but at politics. Americans are mad because most of us play the game the right way and if we do, we are now the ones who lose.

Ordinary Americans try to do the right thing, just like Spike Lee told us. We get up, we go to work, raise our families, obey the law and pay our debts. We are mellower versions of the Clint Eastwood character in “Gran Torino.” We just want to be left alone –- by government especially.

Unfortunately, while ordinary folks were doing those right things, our politicians are doing all the wrong ones. To help deal with a spending crisis, President Obama and the Democrats give us a nearly $800 billion spending plan. And that’s been quickly followed by a housing plan, an auto plan and will probably be followed by another stimulus. How we’ll pay for it? Don’t ask, voters are told.

And if you live your life right, pay your bills and take care of your mortgage, all you might get is the mini-tax break of $400 per person. That’s about enough money for each of you to go to lunch once a week -– but only for a fast food lunch. At $7.69 a week, Obama’s “Making Work Pay” tax credit doesn’t make work pay very well.

The Roman Caesars appeased their people with bread and circuses. In 2009, Obama has offered us bread, too. But this time it’s just a few items from the Dollar Menu at McDonald’s. And, for circuses, the passage of his 1,071-page American Recovery and Reinvestment Act certainly ought to qualify. More than 300 Senators and Representatives –- nearly all of them Democrats –- voted for the largest spending bill in history without ever reading the darn thing! No wonder we’re angry. While most of us were doing the right thing, some others –- foolish homeowners, stupid bankers, house flippers, idiot politicians and more –- were taking their cues from the movie “Good Fellas” and robbing us blind.

Now we are supposed to bail them out.

So far we’ve dumped several trillion dollars into that bucket and we’re still bailing with no end in sight. No end to what it’s going to cost us, that is. There is an end in sight -– an end to our savings, our retirements, our jobs, our future, even our children’s future.

Who wouldn’t be angry?
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http://foxforum.blogs.foxnews.com/2009/02/20/gainor_obama-4/

Revmitchell · Feb 22, 2009

Great article!:thumbs:

dragonfly · Feb 22, 2009

I disagree.

OldRegular · Feb 22, 2009

Revmitchell said:

Great article!:thumbs:
Click to expand...

Agreed!:thumbs: Does that guy still work at CNBC?

KenH · Feb 22, 2009

The actual plan is here:

www.treas.gov/initiatives/eesa/homeowner-affordability-plan/ExecutiveSummary.pdf

targus · Feb 22, 2009

If these are "responsible" people who are being helped to refinance to reduce their interest rate to where their mortgage payment is 31% of their income... why should our tax money be used to reward them with $1,000 per year for five years to make their mortgage payments?

Don't responsible people pay their mortgages without being bribed into do it?

JustChristian · Feb 22, 2009

targus said:

If these are "responsible" people who are being helped to refinance to reduce their interest rate to where their mortgage payment is 31% of their income... why should our tax money be used to reward them with $1,000 per year for five years to make their mortgage payments?

Don't responsible people pay their mortgages without being bribed into do it?
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Yes they do in normal times. These are not normal times. Anybody here who still has a job (and I do) is lucky. It's a matter of time. Bush claimed up until the end that "our economy is strong." Either he was just stupid (a good possibility) or he was lying.

rbell · Feb 22, 2009

JustChristian said:

Yes they do in normal times. These are not normal times. Anybody here who still has a job (and I do) is lucky. It's a matter of time. Bush claimed up until the end that "our economy is strong." Either he was just stupid (a good possibility) or he was lying.
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A non-answer. Let me repeat, so you can try again:

Targus said:

If these are "responsible" people who are being helped to refinance to reduce their interest rate to where their mortgage payment is 31% of their income... why should our tax money be used to reward them with $1,000 per year for five years to make their mortgage payments?

Don't responsible people pay their mortgages without being bribed into do it?
Click to expand...

(yes...there are people who simply had bad stuff befall them. But there is no Constitutional protection from bad stuff. Look it up.)

Enoch · Feb 24, 2009

rbell said:

(yes...there are people who simply had bad stuff befall them. But there is no Constitutional protection from bad stuff. Look it up.)
Click to expand...

:thumbs:

These people are the minority and unfortunately bad times hit people every year. It's part of life. But this is not where the outrage is focused.

We have a voice and the majority are not supporting this rescue plan for people who have acted irresponsibly. We should not pay the price for their greed and idiocy. It’s a huge mistake!

Enoch · Feb 24, 2009

Head Of ACORN: Squatting Is The Most American Thing You Can Do

A must watch video clip of the interview with Bertha Lewis/ACORN on the foreclosure bailout.

http://www.youtube.com/watch?v=RrqkP3sfOw8

:BangHead: ACORN is EVIL!!!!!!

LadyEagle · Feb 24, 2009

So is nearly everything connected to politicians. Color me disgusted with the reprobates in DC.

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