Rick Santelli's Shout Heard 'Round the World

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What Readers are Saying (share your opinion using the template below):

I think your description of the people getting help on their mortgages was biased and misleading. I am all for helping hard working Americans keep their homes. Lowering interest rates will give them more discretionary spending money which will help the economy. Limiting foreclosures will help stabilize home prices for everyone. Hard working low and middle income people need our help. I think Mr. Santelli is being very selfish. — Dolores

If you reward the people who have paid their mortgages and do not have high credit card bills, the money you give them will go back into the econmy and stimulate it instead of just paying existing bills. GO! I ahve only one big screen TV, they should be required to give up their TVs and donate them to schools and institutions. They have to pay somewhere. — Debbie

Sign me up for the tea party. Rick couldn't be more spot on. We need to let these people, banks and broker dealers fail. Not everyone did things the wrong way and there are plenty of us who are looking for opportunity in times like these. I'll go on record and say let BofA / Merrill and Citi / Smith Barney fail and I will take the first 100 brokers who want a pay raise and a better environment to work in. We happen to be hiring and expanding in this market and as long as the Government continues to bail out these people and institutions it squashes the competitive nature of a capitalistic society. — Ian

Where do I sign up to join the Chicago Tea Party? It's time that Americans demand that Congress listen to us! I pay my bills, I work two jobs, and this year paid more in taxes because my wife and I both work. We pay our bills, student loans, etc, yet every semester I teach, I run across students that throw away their Pell Grants and other financial aid by not coming to class or by acting like college is nothing more than high school.
With great opportunities comes great responsibility - I think we need to demand an end to wasteful spending. — Alan

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