Send em to “fine print class” but no mortgage money – Update: Poll
Update: Take the CNBC poll too … will you join the Chicago Tea Party?
The outrage over the Obama Housing Rescue Plan is starting to boil over … more. CNBC’s Rick Santelli garnered national attention this morning on the floor of the Chicago Merc over Obama’s plan to rescue predominately people who either bought too much house or used the house like a credit card … we have two videos.
The first is the morning rant …
the second is his response to the rant this evening on Hardball. Trust me, he’s still very passionate and he’s right when he says he speaks for a lot of hard working, bill paying people.
To see the whole morning rant go to CNBC here.
My only quarrel with this is … everyone should get something. Not a bad idea, but a better no one gets government money. Let the housing market work it out. People won’t buy over their heads again and we won’t get in this mess again.