If you want to know what’s really wrong with America (and many Americans) the disgraceful behavior of some loud-mouthed, bellicose, third-rate journalist on the floor of the Chicago Mercantile Exchange today should make it abundantly clear.
Mister Rick Santelli, who is I believe an employee of CNBC (would that be the Children’s National Broadcasting Company?) went into a, no-doubt, contrived rant cursing the hundreds of thousands of Americans losing their jobs and unable to meet their mortgages as a result, because the US president dares to use taxpayer’s money to help them keep their homes.
I refuse to display this obnoxious and disgusting behavior on Sparrow Chat. There are plenty of other media outlets and blogs proudly showing off the video to bad effect. Having read the majority of comments listed below them, it’s quite obvious how very many Americans are keen to support Santelli and his hypocritical viewpoint.
I use the adjective ‘hypocritical’ for obvious reasons – at least, to any American with sufficient braincells to comprehend basic written English: namely, that Mister Santelli and his mates from the financial sector have already received billions of dollars in ‘bail-out’ money from taxpayers to bolster the banks and finance houses that are all part and parcel of the great stockbroking fraternity that is American business.
Did Mister Santelli, or any of his friends on the floor of the CME, utter one word of complaint about the $25 billion to JPMorgan Chase, or Citigroup? How loud did he howl when Bank of America received its $15 billion check? Where was the Santelli vitriol when Morgan Stanley and Goldman Sachs pocketed $10 billion apiece of taxpayer’s money? Did he yell and shriek and behave like a spoiled child denied candy, over the other 370 or so financial institutions that, since October 2008, have received hand-outs totaling $116 billion? All taxpayer’s money.
Mister Santelli is so typical of all that’s wrong about modern-day America. He epitomizes the “Stuff you – I’m all right, Jack,” mentality that pervades this nation. He’s not bleating about taxpayer’s money; he, and his cronies, are just shit-scared they’ll have to start paying their fair share of taxes for a change, rather than the easy financial ride the well-to-do have had under George W Bush.
Let us be in no doubt here, Mister Rick Santelli is one of the well-to-do.
As CNBC is proud to tell us:
[In 1999] He joined CNBC from the Institutional Financial Futures and Options at Sanwa Futures, L.L.C. There, he was a vice president handling institutional trading and hedge accounts for a variety of futures related products.
Prior to that, Santelli worked as vice president of Institutional Futures and Options at Rand Financial Services, Inc., served as managing director at the Derivative Products Group of Geldermann, Inc., and was Vice President in charge of Interest Rate Futures and Options at the Chicago Board of Trade for Drexel, Burnham, Lambert. Santelli began his career in 1979 as a trader and order filler at the Chicago Mercantile Exchange in a variety of markets including gold, lumber, CD’s, T-bills, foreign currencies and livestock.”
Mister Santelli may have suffered some financial setbacks as a result of the current economic crisis and its effect on stock and shares, but one can be certain neither he, nor his financier pals, will ever be thrown into the dreadful situation of homelessness.
The vast majority of those sold dud mortgages under the Bush administration’s lax regulatory system were not greedy, self-seeking individuals bent on purchasing fancy homes they couldn’t afford. Some were so, but most were ordinary folk hoping to escape the endless round of rental properties that sap their meager incomes and benefit only the landlords.
These are the people many Americans conveniently class as failures. They ‘fall through the net’ because there’s no net there.
Most irksome of all, is that the “Santelli Fan Club”, who support his selfish attitude, would be first in the queue and bleating for a handout, were they ever to be so unfortunate as to fall through that imaginary net themselves.
Once again, America is dividing into two teams. Each hates the other. We saw it during the presidential elections and it continues to surface at every opportunity, spurred on by a media that relishes stirring up this witch’s brew of poison and filth.
Following his tirade today, Santelli was interviewed by the NRO and asked how he thought the bail-out bill would play out in the future.
….the pursuit of happiness and to work hard and keep the fruits of your labor is something I believe in. And I’m not saying we should forget people who need help. But at the end of the day, Americans are strong and they’re charitable. I think what they have a problem with is that it’s force-fed via the government.”
Americans are not strong, they just believe they are. Neither are they charitable. If they were charitable they’d insist America’s kids and the elderly received free medical care; they’d demand assistance for the homeless and those stuck in poverty. Instead, whenever their government attempts to bring those things about, they howl like stuck pigs.
This nation’s in a mess. Is it worth saving?
Or, are the scumbags overrunning those few decent folks who still remain?
 “Bank bailout: Who’s getting the money” CNN.Com
 “RICK SANTELLI CNBC On-Air Editor” CNBC
 “NRO Talks to CNBC’s Rick Santelli” NRO, February 19th 2009
Filed under: Scum always rises to the surface