Prioritizing the Bailouts
Anyone remember Rick Santelli? He became famous for a day or two when he assailed the Obama stimulus for “rewarding bad behavior” because it included money for mortgage relief.
While many tea party types cheered Santelli’s rant for exposing the Indonesio-Kenyan socialist usurper President Obama for the Leninist Hitlerite he is, as it turns out, Obama’s mortgage relief plan would spend $85 billion to help keep beleaguered Americans who were upside-down on their mortgages in their homes.
Yet as of early 2009, the federal government committed $7.77 trillion to bail out the banksters, Santelli made no noise whatsoever about rewarding their bad behavior.
This is America! How many of you people want to pay for your neighbor’s mortgage that has an extra bathroom and can’t pay their bills? Raise their hand.