Obviously this douchebag doesn't even understand the premise of President Obama's foreclosure rescue plan let alone understand that sometimes you have to help your fellow man in order to save the yourself instead of constantly looking at the bottom line. I don't expect this asshole to make an apology when the economy turns around, just take credit for manipulating the markets with their bullshit reports when they start bouncing back. God bless Wall Street, right Rick?
Douchebag of the Week: CNBC's Rick Santelli
Adding... from commenter "steve" at the GDAB:
This really encapsulates the Republican attitudes that got the country into the mess it's in. If people lose their houses, if they lose their jobs and can't get health insurance, if they can't feed or shelter their families, it's because they're stupid losers and they don't deserve those things.But if a bank is failing because of horrible management, throw money at it because "they're too big to fail." How fucking illogical is that?!