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Tuesday, February 24, 2009

Rick Santelli calls for a Tea Party, activists respond

Rick Santelli, CNBC market pundit, has caused a giant stir with a rant last week on TV. Here's the YouTube video that has spread like wildfire (here's the original):

Kathryn Jean Lopez on National Review's The Corner blog suggested that Santelli might want to consider running with Sarah Palin in 2012 (I prefer any combination of Rick Santelli, Gary Johnson, Ron Paul, Jeff Flake, or Mark Sanford. Put any one of those folks on a ballot, and I will be glued to the TV set come election time in the U.S. Put two of them on the same ballot, and I'm going campaigning).

Andrew Malcolm from the LA Times' Top of the Ticket blog thought the rant was going to be Obama's biggest challenge when he talked up the stimulus to Congress.

And today, I got an email from FreedomWorks, Dick Armey's pro-liberty political action committee. Here's the text of that email, and the start of a U.S.-wide tea party in Santelli's honour, which you can check out at the website IamwithRick.com:

Last week you may have seen or perhaps heard about CNBC’s Rick Santelli and his report from the floor of the Chicago Mercantile Exchange, ground zero for American capitalism and free market commerce, where he called for a “Taxpayer Tea Party” in the wake of efforts to enact a new, multi-billion dollar taxpayer funded housing bailout.

If you are like me, you stood up and cheered.

Rick was channeling what so many limited government advocates have been feeling now for a long time when it comes to out-of-control spending on the backs of hardworking U.S. taxpayers to reward the irresponsible and the corrupt: enough is enough!

Whether it’s this latest housing bailout bill (the second in less than six months), a bailout for the auto-industry or failed banks, the more than $1 trillion sham of a “stimulus” bill, or the $400 billion omnibus spending bill that Congress is now debating, Americans are sick and tired of their hard-earned money being thrown around. In just the last few weeks, FreedomWorks has been contacted by volunteers within the ranks of our own membership (a nationwide network of hundreds of thousands of activists) that want to take to the streets in mass protest to this big government bonanza.

And FreedomWorks is answering the call with a new website, IamWithRick.com. True to its name, the site features the video of Rick on the floor of the Chicago Exchange and seeks to enlist those concerned taxpayers who want to go to the Taxpayer Tea Party that he talked about this summer in Chicago. In addition, FreedomWorks is also helping to organize other tea party protests in cities around the country. Currently, we have events planned in Chicago, Washington, DC, Atlanta, Philadelphia, Fort Myers, Orlando, Greenville, SC and cities across North Carolina.

We need your help to make these events a success. Go to IamWithRick.com, sign up and select one or more of the tea parties that you would like to attend or help us to organize...

Nancy Pelosi, Harry Reid, and the new Obama Administration are running the bailout train full steam ahead towards the destruction of our American capitalist system and ultimately to outright socialism. They must be stopped!

Posted by P.M. Jaworski on February 24, 2009 in Economic freedom | Permalink


Uhm the majority of people voted for Obama, the democratic congress and are now getting exactly what they wanted. This is the government they picked doing what they do. If people didn't want to get milked they shouldn't install milking machines in office.

And dare I say that THE POINT of all of this is to devalue the US currency, wipe out the middle class, and create a new debt-serf population and then replace the currency with a new higher valued unit (to stop the serfs from buying it) and then increase the value of that currency after a time to create massive wealth in the hands of the elites.

But gosh I might be paranoid... it's not like it's ever happened before...uhhh

Posted by: Pete | 2009-02-24 1:57:29 PM


Your position is wrong headed in one of two ways. Either by saying they voted them in, you're giving credence to the morality of populism; that majority opinion legitimizes the actions of government at the expensive of the minority.

Or you're just blatantly assuming that Rick et al voted for Obama, that I'm somewhat inclined to think is not likely the case.

Posted by: Mike Brock | 2009-02-24 2:08:37 PM

I didn't vote for Obama. I am pretty sure Rick didn't either. However, it is true that 53% of the public voted for him. He kept saying "change" and they didn't bother to find out what he meant. Many of Obama's speeches were vague and made no sense. If you looked at his website, his lectures when he was teaching political science classes in Chicago, his time as a "community organizer"(professional loudmouth), his associations, and his limited record then the Obama agenda is no surprise.
Obama has been nothing more than a nice Madison Avenue marketing campaign! Most people chose to ignore his past. They looked and thought they saw a black JFK. Just like JFK, they bought into the image and the flowery words. They chose to ignore the fact that the policies were failed old packages with a new bow on them. Instead, we have Obamagirl videos and tabloid garbage about women having fantasies about him. We have 95% of the black vote going to him regardless of what he says. JFK pulled 78% of Catholic vote in 1960. Could this 95% number hint at race trumping policy? We had people saying that foreign countries would step up and commit a lot more forces abroad(like more Canadian troops in Afghanistan) just because Obama wished it. We had people going into convulsive fits at his rallies.
The U.S. voters got what they deserve. We have a system where you vote for president. The majority voted for him and the responsibility is on them. As a voter, it is your job to learn about the candidates running. If they hide their record, it is up to you to find out(the media is in the left-wing tank). You are grown adults. Adults take responsibility for their actions. 53% of the American voters voted for him. Therefore, 53% are responsible for him pushing his radical agenda.

Posted by: David | 2009-02-24 2:52:34 PM

Amazing how Santelli didn't get all hot and bothered when we bailed out Bear Stearns or AIG? It's only when the irresponsible "little people" got their hand in the till.

How do you spell hypocrite? S-A-N-T-E-L-L-I

Posted by: Eric Sohn | 2009-02-24 2:57:17 PM

I want to see a lot more of this kind of thing, from all walks of life. Its way overdue.

Posted by: JC | 2009-02-24 6:28:24 PM

I'm all for the idea of a mass protest across America. Let's call the Tea Parties Plan A. Let's hope and pray that enough Americans attend these protest rallies. I'm talking millions. If these rallies fail to sway the president and his administration then we resort to Plan B. Plan B consists of millions of fed up taxpayers spending as little as possible for a month or two. No major purchases (cars, wide screen t.v.s, exotic vacations or cruises), no minor purchases neither (fast food restaurants, clothing, newspapers, magazines, gas used for vacations) HOARD YOUR MONEY for a month or two, eat at home, eat Top Ramen. I believe that Americans can come up with creative ideas on how NOT to spend money. If you have crappy credit, miss a few payments on your bills and credit cards. I'm sure there is a Plan C if Plans A & B fail to get Obama's attention

Posted by: Jim in Visalia | 2009-02-25 1:42:31 AM

$1000 = FLAT SCREEN T.V.
$10,000 = USED PICK UP
$1,000,000 ,000 = EXOTIC ISLAND OFF GREECE


Posted by: Jim in Visalia | 2009-02-25 3:10:09 PM

Eric, you are bang on. I like the message but not the messenger. Does anyone know what Santelli does for a living? He pawns derivatives on the world...sort of like those credit swaps that blew up in our faces. The guy is the usual Wall Street huckster.

Posted by: Faramir | 2009-02-26 1:34:51 PM

I notice there's kind of an embedded video fetish here at the blog. Makes sense, it's like content welfare; don't work, get traffic, live off the public's time & attention. Anyway here's one more to embed.


Posted by: Steve | 2009-03-05 3:46:06 PM

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