Santelli calls for Mtg Revolution
- Thread starter IanMacQuaide
- Start date
I don't hear any ideas from the idea-bashing heads on here. And don't forget that the people Rick is revolting against paid taxes at one point, if not currently, so save the righteousness for someone who doesn't know any better.
I love Rick, I think he's by far the brightest person on CNBC, but he can do better than that. Liesman on the other hand was more logical in his points. (I can't believe I just said that...God forgive me.)
He claims it's un-american. Is it American to have predatory lending?
He claims the problem will go away when Supply and Demand balances out. Where exactly will the demand for homes come from? And even if there's demand, who wants to sell their properties to lock in the losses...homeowners, Banks? You tell me.
He screams that the plan involves trillions of tax payer, the number is 75 billion. He's only off by 92.5%...no biggie!
I suppose the age of sane individual thinking is forever gone. Just because Rick made for good TV doesn't make his point valid.
There's a plan on the table, it may work. It's definitely better than doing nothing.
I love Rick, I think he's by far the brightest person on CNBC, but he can do better than that. Liesman on the other hand was more logical in his points. (I can't believe I just said that...God forgive me.)
He claims it's un-american. Is it American to have predatory lending?
He claims the problem will go away when Supply and Demand balances out. Where exactly will the demand for homes come from? And even if there's demand, who wants to sell their properties to lock in the losses...homeowners, Banks? You tell me.
He screams that the plan involves trillions of tax payer, the number is 75 billion. He's only off by 92.5%...no biggie!
I suppose the age of sane individual thinking is forever gone. Just because Rick made for good TV doesn't make his point valid.
There's a plan on the table, it may work. It's definitely better than doing nothing.
CNBC may be finding out who may be their audience. They have poll about Rick's Tea party on CNBC.com. They already have 78k responses.
These internet polls may be unscientific but that is more responses than you see on most web sites such as ESPN or newspaper sites.
These internet polls may be unscientific but that is more responses than you see on most web sites such as ESPN or newspaper sites.
The majority of those now unable to pay their obligations were never deserving of home ownership.
Maybe a cardboard box
under the bridge, just maybe.
We financed a bunch of imbeciles who ALSO overpaid at the behest of those scum in the real estate business who told them their shacks would only go up.
A pox on all their houses.
pun intended.
Maybe a cardboard box
We financed a bunch of imbeciles who ALSO overpaid at the behest of those scum in the real estate business who told them their shacks would only go up.
A pox on all their houses.
pun intended.