Apparently, CNBC Reporter Rick Santelli went off awhile ago at the administration- it was quite the rant, but I never got around to seeing it- until now. Here, courtesy of HuffPost.
Santelli doesn't want to pay for bad mortgages and doesn't think his fellow stock-traders should have to pay for mistakes that 'losers' made. Indeed, he's all about personal responsibility- the flip side of course being this:
Why should I have to pay for CEOs who want to keep their bonuses for running their banks into the ground? Why are these CEOs loaning bad loans to begin with? They got greedy and now they want a helping hand. Normal people, according to Santelli, don't deserve the help. Rich folks do.
Yeah, not so much- if we have to pay for their fuck-ups, then they can damn well help us regular folks out as well.
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