CNBC is often the last place you think you would hear any kind of criticism toward the government. The other day, however, something unusual happened, and it’s been making its way around the media very quickly.
Rick Santelli unleashed a rant of epic proportions in response to Obama’s economic plan.
Traders on the floor actually stopped what they were doing to chime in with their support.
One trader shouted “How about we all stop paying our mortgage!” More shouts!
Santelli ended by calling for a “Chicago Tea Party” to protest the notion that any of these spending plans were anything more than just a fraud.
In an interview later in the day, Santelli said:
At the end of the day, it’s simple. A lot of the president’s advisers are saying that there’s a multiplier effect to the government money, and it’s over one. Now if that’s true, then the government should spend non-stop for the rest of our lives, because we’ll get a positive return. And it makes no sense. … I guess in the end, I believe in the founding fathers, and I believe that in America… 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.
I just want to know when THIS guy is going to run for President. He’s got MY vote…
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