Friday, February 20, 2009

Santelli: the CNBC angry dude other than Kramer

Here's a recent "Rant of the Year" video that's becoming a quick viral phenom on the net:

  1. If this guy actually knew anything, he would know that giving Americans $8 a paycheck is a sound economic concept. When people receive large sums of money, they're more likely to save (which will not help stimulate the economy). Smaller amounts are usually spent quickly with expenses, which is what needs to happen with a stimulus plan: amp up spending!

  2. From a street smart point of view: if your neighbor's house was on fire, would you let it burn or would you help stop it so the fire doesn't reach your house? Same principle here. Many of us still might be doing OK in this economy, but that doesn't mean there couldn't be tough times for EVERYONE in the future, especially if nothing is done now.

Brokers are such a-holes. Shut up and do another line of coke with your putana, guido!

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