Posted by
AJH on Thursday, February 19, 2009 5:07:55 PM
Reporter Tim Hacker of the East Valley Tribune in Phoenix may want to watch his back for awhile. His latest is a writeup about “students questioning Obama” and it's about freakin' time someone in the media roundup finally provided some balance and perspective.
Meanwhile, CNBC's Rick Santelli has called for a new revolution, complete with a tea party.
"The government is promoting bad behavior ... do we really want to subsidize the losers' mortgages ... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening?"
Some fellow, a trader on the floor, then broke in saying, "How about we all stop paying our mortgage! It's a moral hazard."
Near the end Santelli sums it up nicely. “You can't buy your way into prosperity.”
AJH