Rick Santelli

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Rick Santelli, an editor for the business news channel CNBC, [1] said of Obama's mortgage bailout plan, "The government is promoting bad behavior!" [2] Santelli also compared the Obama administration's policies to the ones that destroyed the Communist Cuban economy. Santelli called for capitalists to join for a "Chicago Tea Party" to protest the "collectivist" mortgage plan. Santelli's impromptu speech became a hit and over a million people viewed it soon after it appeared on CNBC's site.

"Rant of the Year"

Liberals attempted to dismiss the video of Santelli's call to fiscal responsibility as a "rant". [3] However, the video "caught fire" on the internet and White House press secretary Robert Gibbs responded with a condescending attack. [4]

Youtube link

References

  1. http://www.cnbc.com/id/15837966/
  2. http://www.chicagotribune.com/business/columnists/chi-sun-phil-rosenthal-22feb22,0,7002362.column
  3. http://newsblogs.chicagotribune.com/towerticker/2009/02/rick-santelli-on-his-cnbc-mortgagebailout-rant-we-really-really-tapped-into-a-nerve.html
  4. http://www.politico.com/news/stories/0209/19083.html