[Please also see: Nationwide Chicago Tea Party Event Roundup!]

CNBC’s Rick Santelli goes ballistic on Obama’s mortgage foreclosure rescue plan.

“President Obama, are you listening?”

Link @YouTube

Transcript:

Courtesy of C-POL

RICK SANTELLI: The government is promoting bad behavior. Because we certainly don’t want to put stimulus forth and give people a whopping $8 or $10 in their check, and think that they ought to save it, and in terms of modifications… I’ll tell you what, I have an idea.

You know, the new administration’s big on computers and technology– How about this, President and new administration? Why don’t you put up a website to have people vote on the Internet as a referendum to see if we really want to subsidize the losers’ mortgages; or would we like to at least buy cars and buy houses in foreclosure and give them to people that might have a chance to actually prosper down the road, and reward people that could carry the water instead of drink the water?

TRADER ON FLOOR: That’s a novel idea.

(Applause, cheering)

JOE KERNEN: Hey, Rick… Oh, boy. They’re like putty in your hands. Did you hear…?

SANTELLI: No they’re not, Joe. They’re not like putty in our hands. This is America! How many of you people want to pay for your neighbor’s mortgage that has an extra bathroom and can’t pay their bills? Raise their hand.

(Booing)

President Obama, are you listening?

TRADER: How ’bout we all stop paying our mortgage? It’s a moral hazard.

KERNEN: It’s like mob rule here. I’m getting scared. I’m glad I’m…

CARL QUINTANILLA: Get some bricks and bats…

SANTELLI: Don’t get scared, Joe. They’re already scaring you. You know, Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now, they’re driving ‘54 Chevys, maybe the last great car to come out of Detroit.

KERNEN: They’re driving them on water, too, which is a little strange to watch.

SANTELLI: There you go.

KERNEN: Hey Rick, how about the notion that, Wilbur pointed out, you can go down to 2% on the mortgage…

SANTELLI: You could go down to -2%. They can’t afford the house.

KERNEN: …and still have 40%, and still have 40% not be able to do it. So why are they in the house? Why are we trying to keep them in the house?

SANTELLI: I know Mr. Summers is a great economist, but boy, I’d love the answer to that one.

REBECCA QUICK: Wow. Wilbur, you get people fired up.

SANTELLI: We’re thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I’m gonna start organizing.

(Whistling, cheering)

QUICK: What are you dumping in, what are you dumping in this time? Housing…?

SANTELLI: We’re going to be dumping in some derivative securities. What do you think about that?

QUINTANILLA: Mayor Daley is marshaling the police right now.

KERNEN: Rabble-rouser.

QUINTANILLA: The National Guard.

After Jason Roney of Sharmac Capital makes some comments, it’s back to Santelli.

QUINTANILLA: You know, Rick, one of our producers says if Roland Burris steps down, man, “Senator Santelli,” the junior senator from Illinois. It’s a possibility. I’m just saying…

SANTELLI: Do you think I want to take a shower every hour? The last place I’m ever gonna live or work is D.C.

KERNEN: Have you raised any money for Blago?

SANTELLI: No, but I think that somebody’s gonna have to start raising money for us.

QUICK: Hey, Rick? Can you do that one more time, just get the mob behind you again?

QUINATILLA: Have the camera pull way out.

QUICK: Yeah, pull way out. Everybody listen to Rick Santelli.

KERNEN: He can’t… I don’t think… You can’t just do it at will, can you Rick? I mean, you have to say something.

QUICK: No, do it at will. Let’s see.

SANTELLI: Listen, all’s I know is, is that there’s only about 5% of the floor population here right now, and I talk loud enough they can all hear me. So if you want to ask ‘em anything, let me know. These guys are pretty straight forward, and my guess is, a pretty good statistical cross-section of America, the silent majority.

QUICK: Not so silent majority today. So Rick, are they opposed to the housing thing, to the stimulus package, to everything out there?

SANTELLI: You know, they’re pretty much of the notion that you can’t buy your way into prosperity, and if the multiplier that all of these Washington economists are selling us is over… that we never have to worry about the economy again. The government should spend a trillion dollars an hour because we’ll get 1.5 trillion back.

WILBUR ROSS: Rick, I congratulate you on your new incarnation as a revolutionary leader.

SANTELLI: Somebody needs one. I’ll tell you what, if you read our founding fathers, people like Benjamin Franklin and Jefferson,… What we’re doing in this country now is making them roll over in their graves.

Update:

Santelli has caused quite a stir!

Memphis to Tea Party Alongside Chicago – Ken Marrero

But folks are doing more than just watching the video.  They’ve taken Santelli’s comments and are running with them.  CNBC put up a non-scientific poll at their site asking if people would join Santelli in Chicago for his Tea Party.  As of last night, 65,000Americans said “Yes!”.  As of this morning, that number had grown to 190,000!

[...]

If anyone is aware of plans to do a Tea Party in your area, please let me know.  We’ll give a go at trying to compile a list of them.  Now go be active …

To bad something along these lines did not happen before the bloated pork stimulus was signed…

Related:
Emperor Barackulus Maximus Porkulus Protecting the Vulnerable
Transcript: Obama Prime Time Stumping The Stimulus Feb 9 -09
LMAO! Stimulis: Because all economies have performance issues
Schumer you couldn’t be more dead wrong
Sen. Susan Collins Bragging Rights Are Earned Not Bartered For

Cross posted from Nora @World Challenges in the XXIst Century

Quote:

I’m building an aggregator of anti-Islamist blogs written in English. They should mainly be about Islamism and its effects and the objective is that it should be as global as it can be. You shouldn’t do anything, just forward me your blog’s feed for me to insert it in a piece of code.

The blogs already in it are:

Anti-Islamist Coalition

• A Deeper Look
• Al Salibiyyah (US)
• Always On Watch (US)
• As in the Days of Noah (AR)
• Avid Editor’s Insights (US)
• Blazing Cat Fur (CA)
• Elder of Ziyon (IS)
• Fort Hard Knox (US)
• Freedom’s Cost (US)
• Infidel Bloggers Alliance (team blog)
• Infidels Are Cool (US)
• Ironic Surrealism (US) (Mine – Velvet Hammer)
  
• Islam in Action
• Islam in Europe (NL)
• Kenneth Hynek (CA)
• Markedmanner (US)
• Muslims Against Sharia (team blog)
• Not Ready for my Burqua (US)
• Pedestrian Infidel (Team blog)
• Politeia (NL)
• Reverse Vampyr (US)
• Senior Speaks (UK)
• Smooth Stone (IS)
• Solstice Witch (CA)
• Tasty Infidelicacies
• Tel-Chai Nation (IS)
• The Amboy Times (US)
• The Outraged Spleen of Zion (US)
• Winds of Babylon
• World Challenges in the XXIst Century (SP) (Nora’s)
  
• Xanthippa’s Chamberpot (CA)

Thanks to you all!

Contact Nora at  spanishpundit at gmail dot com if you are interested. Or post a comment here.

Among “Other” things…

Oh those crazy kids off on a Troika joy ride. Brother can you spare a dime?

The White House has unveiled it’s new website Recovery.gov Stimulus accountability is the theme.

The American Recovery and Reinvestment Act is an unprecedented effort to jumpstart [sic] our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21^st century. The Recovery and Reinvestment Act is an extraordinary response to a crisis unlike any since the Great Depression.

Not sure I buy Obama’s Chicken Little scare mongering propaganda and neither should you. So much for Obama’s HaRRvaRD education, how embarrassing to have a United States President ridiculously unaware of US history.

With much at stake, the Act provides for unprecedented levels of transparency and accountability so that you will be able to know how, when, and where your tax dollars are being spent.

Oooo awwww … Glory be. “Unprecedented levels of transparency and accountability” If you believe that you have a hole in your head larger than Obama’s ego. Put it this way, a Mac Truck could drive through it. You should have someone take a look at it.

Spearheaded by a new Recovery Board, this Act contains built-in measures to root out waste, inefficiency, and unnecessary spending. This website, Recovery.gov, will be the main vehicle to provide each and every citizen with the ability to monitor the progress of the recovery.

If that were the case Pork Queen Pelosi &Co. would not of shoved the stimulus down the throats of Americans in the first damn place. To late to close the barn door I’m afraid, that hog has done ran out.

Sooooo “Where is Your Money Going?” You ask?

Here’s a fun one.

$8 billion for “Other” What Other? Who is Other? Where is other? What does Other need with 8 billion dollar$?  I demand that Other stand up and be counted, before he/she/it holds his/hers/it’s greedy hand out for 8 billion$.

Other than that…

After having studied this cutsie pie bubble chart very closely and nearly being lulled into a sublime state of  Nirvana… the colors…the colors… They are so pretty.

Get a hold of yourself. It’s a trick.  Snap out of it Velvet. Back to reality. Where was I? Oh yes after having studied this chart I am feeling a great sense of relief.  81 billion dollars has been set aside to “protect the vulnerable” Wait there’s more! Under “Tax Relief“  (It’s in the fine print) there is an additional $61 B for “Protecting the Vulnerable“  A whopping 142 billion!

Now as  I’ve never felt as vulnerable as I have since the day Emperor Barackulus Maximus Porkulus has been sworn in.

I’m anxiously awaiting my slice of pork pie.

Aren’t you?

Since around half of the US population voted against Obama, which is roughly 150 million. Put that into 142 billion we the “vulnerable” should receive around 9,466.66

Gravy train. Yee haw!

All snide aside O leaves that category WIDE open to interpretation doesn’t he? BHO’s a sly one dontcha know…

Image credit: Iowahawk
H/T Gateway Pundit