{"id":1568,"date":"2009-02-23T14:50:39","date_gmt":"2009-02-23T19:50:39","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=1568"},"modified":"2009-02-27T18:50:53","modified_gmt":"2009-02-27T23:50:53","slug":"cnbcs-rick-santelli-responds-to-white-house-spokesman-robert-gibbs","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/23\/cnbcs-rick-santelli-responds-to-white-house-spokesman-robert-gibbs\/","title":{"rendered":"CNBC’s Rick Santelli Responds to White House Spokesman Robert Gibbs"},"content":{"rendered":"

CNBC’s Rick Santelli seems to have struck a nerve with his impassioned rant<\/a> against Pres. Obama’s home mortgage bailout plan.<\/p>\n

<\/object><\/p>\n

To be honest I’m not at all surprised, there seems to be disconnect between those inside the beltway and those outside. I tend to think most Americans instinctively don’t like the idea of the government using their money to subsidize someone else’s bad behavior.<\/p>\n

Michelle Malkin has details on the growing “Tea Party<\/a>” movement, AJ Strata thinks “President Obama Is Economically Insane<\/a>” and James Pethokoukis has more on “The Man Who Talked Back<\/a>“.<\/p>\n

Update<\/strong> (4:00 p.m.): Rick Santelli isn’t alone here’s a few key numbers from a new Rasmussen Poll<\/a>:<\/p>\n

… 55% of American adults say the federal government would be rewarding bad behavior by providing mortgage subsidies to financially troubled homeowners. Among investors, 65% hold that view. … 77% of Republicans and 60% of those not affiliated with either major political party believe the mortgage help subsidizes bad behavior. Most Democrats (51%) disagree.\u00a0 … 76% of Americans are not willing to pay higher taxes to help people who cannot afford to make their mortgage payments. … 14% say higher taxes for this purpose are okay with them. … 10% are undecided.\u00a0 … Most Americans–53%–also oppose a plan for the federal government to pay off a portion of the mortgages only for people who can\u2019t afford their current payments. … 32% think it\u2019s a good idea. Support for that plan is even lower among homeowners.\u00a0 … Just 33% of all adults support having the federal government to pay up to $100,000 of the mortgage balance owned by every single homeowner in America.\u00a0 … 51% reject such a plan. Even though they would directly benefit, a majority of homeowners (52%) don\u2019t like that plan.<\/p><\/blockquote>\n

I wouldn’t call it overwhelming opposition but it would seem that American’s aren’t crazy about Pres. Obama’s plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

CNBC’s Rick Santelli seems to have struck a nerve with his impassioned rant against Pres. Obama’s home mortgage bailout plan. To be honest I’m not at all surprised, there seems to be disconnect between those inside the beltway and those outside. I tend to think most Americans instinctively don’t like the idea of the government […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26,7],"tags":[482,492,485,489,454],"class_list":{"0":"post-1568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy","7":"category-politics","8":"tag-chicago-tea-party","9":"tag-mortgage-bailout","10":"tag-rick-santelli","11":"tag-robert-gibbs","12":"tag-stimulus-plan","13":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-pi","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1578,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/26\/its-not-just-rick-santelli\/","url_meta":{"origin":1568,"position":0},"title":"It’s Not Just Rick Santelli","author":"Jeff","date":"February 26, 2009","format":false,"excerpt":"White House Spokesman Robert Gibbs would like us to believe that Rick Santelli is an isolated crank who doesn't know what he's talking about... As Joel Stein points out he's not: A lot of optimistic people bought houses near the historic height of the market, say November 2005, for absurdly\u2026","rel":"","context":"In "Money & Investing"","block_context":{"text":"Money & Investing","link":"https:\/\/www.jasetaro.com\/blog\/category\/money-and-investing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1545,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/19\/chicago-tea-party\/","url_meta":{"origin":1568,"position":1},"title":"Chicago Tea Party","author":"Jeff","date":"February 19, 2009","format":false,"excerpt":"Drudge has been hyping this all afternoon... It's hardly a revolt, but with the Dow industrials closing at a six year low of 7465.95 I think it's safe to say the markets aren't crazy about governments economic rescue plans.","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"chicagoteaparty","src":"https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2009\/02\/chicagoteaparty.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1608,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/05\/jim-cramer-responds-to-white-house-spokesman-robert-gibbs\/","url_meta":{"origin":1568,"position":2},"title":"Jim Cramer Responds to White House Spokesman Robert Gibbs","author":"Jeff","date":"March 5, 2009","format":false,"excerpt":"First it was Rush Limbaugh and then Rick Santelli now it's Jim Cramer who seems to be at the top the White House's \"enemies list\". While I'm no fan of Jim Cramer and his often over the top rants he's right on the mark with his criticism of Pres. Obama's\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1617,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/06\/is-obama-intentionally-destroying-our-economy\/","url_meta":{"origin":1568,"position":3},"title":"Is Obama Intentionally Destroying Our Economy???","author":"Jeff","date":"March 6, 2009","format":false,"excerpt":"Never assume malice where incompetence will suffice. Over the last few days I've been hearing various theories that essentially say... The Obama administration is deliberately damaging the economy and gutting the stock market on the theory that doing so will make it easier for them to argue \"the free market\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3819,"url":"https:\/\/www.jasetaro.com\/blog\/2011\/03\/04\/jobless-rate-falls-to-8-9-as-192k-jobs-added\/","url_meta":{"origin":1568,"position":4},"title":"Jobless Rate Falls to 8.9% as 192K Jobs Added","author":"Jeff","date":"March 4, 2011","format":false,"excerpt":"Today's jobless report is a good news bad news thing, first the good news... From Bloomberg: U.S. employers added 192,000 workers in February, amid an improving economy and more seasonable weather, and the unemployment rate unexpectedly declined to 8.9 percent, the lowest level since April 2009. 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