CNBC's Rick Santelli pissed off about the bailout (loans, complaint, credit) - Economics - City-Data Forum

Kootr · 02-19-2009, 07:08 PM

YouTube - Rick Santelli pissed off about the bailout

cdelena · 02-19-2009, 07:14 PM

Opinions are like ........, everyone has one. So what, who gives a .... what he thinks.

Kootr · 02-19-2009, 07:17 PM

Quote:

Originally Posted by cdelena

Opinions are like ........, everyone has one. So what, who gives a .... what he thinks.

Intelligent and worthy Americans!

Heiwos · 02-19-2009, 07:18 PM

I notice they weren't pissed about the housing bubble when it was inflating. Any undeserved $$ that benefits him, it's fine. For someone else, noooo.

Azalea City Man · 02-19-2009, 07:49 PM

Quote:

Originally Posted by Heiwos

I notice they weren't pissed about the housing bubble when it was inflating. Any undeserved $$ that benefits him, it's fine. For someone else, noooo.

Tis' true. House flipping is just as "not right" as housing bailouts.

Azalea City Man · 02-19-2009, 07:50 PM

Quote:

Originally Posted by Kootr

Intelligent and worthy Americans!

Oh Kooter ...

73-79 ford fan · 02-19-2009, 08:10 PM

YouTube - Obama Are You Listening? Traders Mock Housing Bailout Plan During Live TV Rant on CNBC

Saw this today.

Maabus1999 · 02-19-2009, 11:03 PM

Those were bond trades, who deal with some of the most "conservative" investments. They are pissed that there is a belief that this helps people who did not play by the rules (flippers, bought too much, irresponsible, etc...) and don't reward the people who did play by the rules yet are still hurting from the effects of the economy.

I can't say I fully blame them. We'll see if they end up doing some kind of tax credit for those who pay on time or national refinancing plan for all homeowners to ease these rising complaints.

Icy Tea · 02-20-2009, 05:51 AM

CNBC has been having some good discussions about where the economy is headed and nobody seems to think Obama has any idea what to do to turn things around. These guys are scared and are really wondering whether or not his economic policies will make things a great deal worse.
Howard Dean was just on and was uncharacteristically subdued and defensive.

banger · 02-20-2009, 06:08 AM

Let me put my opinion in a nut shell.....

I AM TIRED OF PAYING FOR DEADBEATS !!!!!!!

Did some people innocently find themselves in trouble.....YES.

However, how many of these people now in trouble took Home equity loans time and again.

To do what...take vacations, buy boats, get the latest model of BMW !!!!

NOW somehow it has become my OBLIGATION to bail them out.

I don't say no...I say HELL NO!!!!