White House Tells CNBC’s Santelli: Grow Up!
The Huffpo’s Sam Stein picks up on the White House response to the CNB reporter Rick Santelli’s irresponsible diatribe against the Administration’s efforts to reduce the avalanche and misery of mortgage foreclosures.
I agree with Stein that the CNBC has just handed the White House a poster child for the financial industry’s arrogance and indifference to the economic catastrophe they’ve caused.
There are few people less popular today than derivative traders or Wall Street loud-mouths. Choosing Santelli to be the poster child of the opposition is smart politics for the Obama White House, just like making Rush Limbaugh the face of the anti-stimulus movement was during that debate.
Santelli is just the Republican know-nothings’ latest version of Joe the Plumber, filled with economic ignorance and ranting against any public efforts to solve the problem, if they can characterize it as redistribution. And remember, Congressional Republicans — Boehner, McConnell, et al — were the ones who criticized the jobs-stimulus bill because it didn’t focus federal dollars on solving the mortgage foreclosure problem.
No wonder David Brooks is embarrassed enough to disown these clowns.
White House Tells CNBC’s Santelli: Grow Up!
The Huffpo’s Sam Stein picks up on the White House response to CNB reporter Rick Santelli’s irresponsible diatribe against the Administration’s efforts to reduce the avalanche and misery of mortgage foreclosures.
I agree with Stein that the CNBC has just handed the White House a poster child for the financial industry’s arrogance and indifference to the economic catastrophe they’ve caused.
There are few people less popular today than derivative traders or Wall Street loud-mouths. Choosing Santelli to be the poster child of the opposition is smart politics for the Obama White House, just like making Rush Limbaugh the face of the anti-stimulus movement was during that debate.
Santelli is just the Republican know-nothings’ latest version of Joe the Plumber, filled with economic ignorance and ranting against any public efforts to solve the problem, if they can characterize it as redistribution. And remember, Congressional Republicans — Boehner, McConnell, et al — were the ones who criticized the jobs-stimulus bill because it didn’t focus federal dollars on solving the mortgage foreclosure problem.
No wonder David Brooks is embarrassed enough to disown these clowns.
Update: Santelli to visit WH? (h/t Elliot)
