Ah, I remember it well. The great day the New Patriots would later point to as the day that launched a legion of assholians on a quest to retake THEIR country from the Usurper inaugurated only four weeks previous.
In some ways it was fitting for the CNBC bond trading analyst, Rick Santelli, to be the face of the then-new Tea Party. Santelli had heard about the new Obama administration's plan to create the HAMP program as kind of a make-up call after the Wall Street Criminals had all been infused with government-bailout cash. HAMP was to be a $50 billion program earmarked to help victims of the Bankster Greed Orgy. But victims, to rich assholes, are "losers."
Here are a few sweet spots from Rick Santelli's infamous rant on February 19, 2009....
"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;..."
"How many of you people want to pay for your neighbor's mortgage that has an extra bathroom and can't pay their bills?"
"You know, Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective."
"We're thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I'm gonna start organizing."
Notice, in retrospect, how Santelli hit all the notes that Baggers would go on to play, ad nauseum, for the next 5 years....and counting. Government handouts are just peachy for rich and powerful money and paper shufflers who created the Great Recession....but not "losers" who happened to get ground up in the chipping machine of foreclosures CAUSED by the Bailed Out Banksters.
Thus, Tea Party complaint number one: Not-affluent Americans are getting stuff from government that they don't deserve. That sentiment would go on to be the primary focus of not only the Tea Party insurgents but also the entire Republican party. Instead of providing assistance to those battered by the fallout from Hurricane Greed, Republicans would go on to cut ANY government assistance to the poors that they could get their grimy redistricted hands on.
Tea Party complaint number two: Communism/socialism. Santelli mentioned Cuba in his memorable rant....and called for "capitalists" to join him in protest of any government program which bailed-out, or even partially bailed out, the "losers" (translation: undeserving not-rich citizens). From Santelli's rant forward, Obama was declared a "socialist/communist." You know, like Fidel Castro.
Now tell me.....what message is the Tea Party known for in 2014? Cutting government help to the undeserving.....and getting government out of the way so that capitalists (deserving "job creators") can work their supply side magic.
So, yes, Rick Santelli is, rightfully, the Father of the Tea Party. Affluent, white, self-righteous assholes who want to blame the "poors" for the sins of...well....other rich, self-righteous assholes.
And Mr. Santelli was so proud of his rant that launched a million assholes....
"People ask me if I'm the father of the Tea Party movement...I was the spark ...that started it. If being the lightning rod that started the Tea Party is what's written on my tombstone, I'll be very happy."
But a funny thing....and oh-so-sweet.....happened just this week on Rick Santelli's CNBC. CNBC's Steve Liesman took the Tea Party starter-log to the woodshed for a well deserved beating....
"It's impossible for you to have been more wrong, Rick. Your call for inflation, the destruction of the dollar, the failure of the US economy to rebound. Rick, it’s impossible for you to have been more wrong. Every single bit of advice you gave would have lost people money, Rick. Lost people money, Rick. Every single bit of advice. There is no piece of advice that you've given that's worked, Rick. There is no piece of advice that you've given that's worked, Rick. Not a single one. Not a single one, Rick. The higher interest rates never came, the inability of the U.S. to sell bonds never happened, the dollar never crashed, Rick. There isn’t a single one that’s worked for you."
The sweet part? Just before Liesman spoke that truth to assholian power, this happened....
... before Liesman started, Santelli yelled that he had been right all along — and some of the traders started applauding.
Also-affuent bond traders applauded Santelli's claim about being right all along.....and then Liesman's whip-of-truth came down. It just doesn't get any sweeter than that.
Paul Krugman went on to explain why bond traders would applaud such assholian ignorance....
....it’s because Santelli is their kind of guy; he hates the poors, he hates people who want to help the poors, he was trashing Janet Yellen for suggesting that she actually cares about the plight of the unemployed. And the traders feel the same way. So they like Santelli even though he’s been wrong about everything.
And isn't that the hallmark of the Tea Party? Celebrating and applauding people who have been wrong about everything? Hating on the poor? Hating on the foreclosed-upon? Hating on the unemployed "hammock dwellers?"
Rick Santelli, wrong about everything and the proud Father of the Assholian Tea Party.
They were meant for each other.
About This Blog