78 online
 
Most Popular Choices
Share on Facebook 65 Printer Friendly Page More Sharing
Exclusive to OpEd News:
OpEdNews Op Eds    H4'ed 3/19/09

Jon Stewart's Epic Rant Against CNBC Transcript

By       (Page 1 of 4 pages)   No comments
Follow Me on Twitter     Message sherry clark
Become a Fan
  (4 fans)

The Liberty Voice Transcript Service

Jon Stewart's epic rant against CNBC from March 4, 2009.

Jon Stewart:  Actually our guest tonight was supposed to be this guy, his name is Rick Santelli, he's an analyst from CNBC and a former derivatives trader, recently became famous for a sort of Howard Beal moment on the floor of the Chicago Mercantile Exchange, he'd done some critical reporting on the hundreds of billions of bailout money going to failed banks, failed auto makers, insurers of failed banks and auto makers.  But when it looked like the President wanted a small percentage of that money to go to actual homeowners, WHOA...David Banner became the incredible Santelli...      

Rick Santelli:  How 'bout this President and new administration. Why don't you put up a website to have people vote on the internet as a referendum to see if we really want to subsidize the losers' mortgages, this is America, how many of you people want to pay for your neighbors' mortgages; raise your hand?  

Floor of Wall Street:  Booo!

Rick Santelli:  President Obama, are you listening!  

Jon Stewart:  Yea, man! Wall Street is "mad as hell, and [they're] not going to take it anymore!"

Unless by 'it' you mean 2 trillion dollars in their own bailout money. That - they will take.  

Now, Mr. Santelli was invited to come on this program, and accepted the invitation, but on Friday, cancelled or I guess the phrase would be 'bailed out'.  

How many people would have liked to see Santelli come on this program?  

(Crowd Applause)  

Are you listening? 
Are you listening Rick Santelli?

I have to say, I find cheap populism oddly arousing.  

But see, Rick Santelli is angry that these 'loser homeowners' are going to get bailed out.  He believes in personal responsibility.  He believes in not rewarding the 'losers' for missing all the warning signs. I mean for God's sakes the guy works at CNBC.  They're the best of the best -- the only business network that has the information and experience that we need.

CNBC Commercial:  In business, knowledge is power, and only one network has the information and experience you need.

Next Page  1  |  2  |  3  |  4

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 1  
Rate It | View Ratings

Sherry Clark Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Sherry Clark is the founder and publisher of The Liberty Voice. The Liberty Voice is a fiercely independent newspaper (imagine opednews in print!) that has distributed a half million papers freely throughout Central Ohio.
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The Root of September 11 -- The Love of Money

Comedy: How the Markets Really Work

Robert F. Kennedy Jr.: "Media Isn't Doing Its Job"

Ben Dover or "Stick it up your tailpipe!"

Jury Nullification: The Right of Free Americans

To View Comments or Join the Conversation:

Tell A Friend