“Slick Rick” Santelli Is A Bailout Queen

eXiled Alert! / Santelli Watch / March 3, 2009

By Mark Ames and Yasha Levine

welfarequeen11

If you’re wondering why disgraced pseudo-rebel Rick Santelli and his pals at CNBC kept strangely quiet about the hundreds of billions in bailouts right up until a couple weeks ago, when the government finally extended its bailout program beyond the corporate world and to regular American citizens, there’s a simple explanation. Rick and his coworkers at CNBC have been living high on the government bailout hog. Yup, “Slick Rick” Santelli and his fair-weather free-market comrades are nuthin’ but old-fashioned welfare queens pimping a newfangled libertarian hustle to cover it all up.

Since last October, CNBC’s parent company General Electric has taken at least $139 billion in government-backed loan guarantees to keep GE Capital Corp from going belly-up and taking the whole company, including Rick Santelli, with it.

santelli-teaparty11

No wonder Rick signed that confession on CNBC’s site, professing his love for Obama and the government stimulus package. To quote Tray’s father in Don’t Be A Menace In South Central: “Ain’t nuttin wrong with welfare checks, that’s somethin called ‘free money’!”

We repeat: Rick Santelli, along with Lawrence Kudlow and all the other free-marketeer hustlers at CNBC are nothing but bailout queens posing as angry, principled anti-bailout crusaders. Repeat again, to get it into your thick heads: Rick Santelli’s salary is underwritten by government bailout money… YOU, PROTESTERS AGAINST BAILOUTS, PAY RICK’S SALARY! And yet, gosh, he’s just soooo angry about his taxdollars going to bail you out, because as he said in his famous “rant,” he doesn’t want to bail out “losers” like you. He just wants losers like you to bail out winners like him and Kudlow. And you know, in a way, he’s right–you really are losers if you don’t demand that Rick pays you back the money he took from you and all of us.

This t-shirt says, “Sucker On Board!”

This is just too fucking funny, and perfectly captures the off-the-scale hypocrisy, corruption and laughing-in-your-peasant-fucking-face culture that defines America’s ruling elite. Not that it’s helping the company much–GE is up to its sweaty bald-spot in credit default swap instruments, in such deep shit that there might not even be a GE to shovel American taxpayer billions to come summertime, reports Bloomberg.

As for you regular folks out there, all we can say is that anyone who took Santelli seriously (and granted, there are few who really did, most of you were paid to pretend you supported him, right Megan McArdle?) will go down as the biggest jackass suckers that our sucker-infested country has produced since… well, yeah, suckers are born and born-again every nanosecond here, so skip that. I mean let’s face it, you people give “sucker” a bad name. You’re not even Tootsie fucking Pops.

Meanwhile, those of us who are genuinely pissed off about funding ungrateful bailout queens like Santelli–welfare queens who want to deny us our day at the feeding trough, that is– need to take action. We need to demand that “Slick” Rick Santelli returns his bailout money-which is OUR fucking money–money he’s not even gracious enough to say “thank you” for. Give it back, Rick!

***

[[petition-1]]

***

2. Exposing The Rightwing PR Machine: Is CNBC’s Rick Santelli Sucking Koch?

3. Astroturf Revolution Dispatch: Koch Activists Teabag Media

***

Mark Ames is the author of Going Postal: Rage, Murder and Rebellion from Reagan’s Workplaces to Clinton’s Columbine.

Click the cover & buy the book!

Got something to say to us? Then send us a letter.

Want us to stick around? Donate to The eXiled.

Twitter twerps can follow us at twitter.com/exiledonline

21 Comments

Add your own

1. buzz | March 3rd, 2009 at 6:26 pm
The only thing more pathetic than Herr Obama is Herr Bush (what ever happened to that smuck anyway ?).
And since the multi trillion dollar Bushite Business Bailout didn’t work what makes you think the multi trillion dollar Obama Business Resuce is going to work ? (ha! and you little dink slobs think those DC smucks are going to give you anything but the damn bill ?)…
2. Ezra | March 3rd, 2009 at 6:40 pm
Amazing work, Exiled. I’d sign the petition but I’m not a US citizen. Keep fighting these assholes because us non-Americans have no voice in the US political process (though said process affects us immensely).
3. Efstifeika | March 3rd, 2009 at 8:07 pm
Believe it or not, I’m Mark Ameses 9 year old kid.
4. Dale | March 3rd, 2009 at 10:42 pm
Thanks for connecting the dots. There are so many dots out there these days, it’s hard to keep track of all of them.
5. James Bowman | March 3rd, 2009 at 10:54 pm
When is Rick Santelli’s name going to be memorialized in a Google-bomb as was his near-namesake Rick Santorum? Even well over 2 years after his demise, the #2 result on Google for “Santorum” cites the “frothy mixture of lube and fecal matter that sometimes is a by-product of anal sex”. Is Santelli worthy of such a fate?
6. FOARP | March 4th, 2009 at 12:07 am
Still guys, you haven’t said why Playboy took the story down. Care to comment?
7. GetTheTruth | March 4th, 2009 at 2:33 am
Go TeamExiled! Go!
And let’s go after all the people who supported the bailout under Bush and other guilty parties.
For example, you can go after o’reilly and foxnews for saying twice on Oct 10, 2008 that no one saw this crisis coming: http://www.youtube.com/watch?v=iIUKxEjKV3E
This is just foxnews and others covering up their tracks for not provided adaquate information services.
See someone telling foxnews and others that this crisis was coming back in 2006: http://www.youtube.com/watch?v=2I0QN-FYkpw
Ben Stein even apologized in Dec 2007 for being so wrong about the economy: http://www.nytimes.com/2007/12/09/business/09every.html?_r=1&r=1&ref=business&oref=slogin
So how come Ben Stein apolozied for being wrong in Dec 2007, while just 10 months later on foxnews, he said, along with bill o’reilly, that, “you cannot know” when there’s danger in the stock market?
CATO is full of it too. See their anti-middleclass page at: http://www.cato.org/special/stimulus09/
Whey didn’t they do something like this while Bush and congress were pushing the first bailout? Here is the pdf document that has signatures from economists who disagree with the democrats policy of interventionsism in the economy: http://www.cato.org/special/stimulus09/cato_stimulus.pdf
There are various lies that need to be exposed here. The MSM failed us miserably. Why do people pay so much for cable t.v. “information services” when these “services” are used to tell us all lies? What a ripoff.
When it comes to economics, these guys (CATO, etc) are all for interventionism when it benefits them. They are only libertarians when it comes to offshoring jobs and bankrupting our people. This libertarian hustle must be stopped. Go get ’em TeamExiled!
8. GetTheTruth | March 4th, 2009 at 2:48 am
and here is bill o’reilly on Jan 30, 2009 saying that “it doesn’t matter what caused it, who caused the crisis. It’s going forward to get out of it.”
http://www.youtube.com/watch?v=CzNVkB_o__w
In other words, no one saw this coming, and even if some people saw it coming, it doesn’t matter what caused the whole thing in the first place. Let’s not investigate anything but let’s all move forward instead.
9. Angellight | March 4th, 2009 at 5:12 am
Knowledge is power and that is why there was very little reporting done by the Republican-owned media, that it was George Bush who pushed for minority home buying…. not Clinton as they love to distort about, and gave Speculators the go ahead to get minorities to buy homes in the hundreds of thousands.
Bush – “Calling a home the “foundation for families and a source of stability for communities,” President Bush proposed three new initiatives designed to enhance existing federal home buyer assistance programs by helping African- and Hispanic-Americans buy homes. According to the White House, fewer than half of all African and Hispanic Americans currently own their homes, compared to nearly three-fourths of white Americans. “We must begin to close this homeownership gap by dismantling the barriers that prevent minorities from owning a piece of the American dream,” said the President in a nationwide radio address. To close the homeownership gap, President Bush proposed legislation funding the following new initiatives:
American Dream Down Payment Fund
This program would provide money to qualified low-income families to assist in making the down payment on a home. “The single greatest hurdle to first time homeownership is a high down payment requirement that can put a home out of reach,” said President Bush. White House analysts estimate that the American Dream Fund will assist some 40,000 low-income families annually in making down payments on homes.
Tax Credits to Create Affordable Housing
This proposed initiative would provide home-builders and developers with nearly $2.4 billion in tax credits for building affordable single-family housing in distressed areas. The tax credits would help make 200,000 new affordable homes available to low-income buyers over the next five years.
Home Buyer Education
To assist home buyers deal with the complexity and difficulty of the purchasing process, this program would provide funds to agencies working to better educated first-time home buyers. Consumers would be advised of their rights and responsibilities as home buyers, and trained to recognize and avoid abusive and unscrupulous lending practices. “Financial education and housing counseling can help protect home buyers against abuses, greatly improve the loan terms they are offered, and help families get through tough times with their homes intact,” said President Bush “Owning a home lies at the heart of the American dream,” Bush said. “My approach to broadening home ownership focuses on empowering people to help themselves and to help one another.” Source: Dateline: 06/18/02
http://usgovinfo.about.com/library/weekly/aa061902a.htm
And because there were no Regulations to protect said homebuyers who had a balloon interest at the end, well we see what has happened, and they still want to blame the homebuyers instead of the scam perpetrated by lenders who first lowered interest rates to put people into homes then raised their interest rates so they could no longer afford their homes. Someone should go to jail for this!
10. zip | March 4th, 2009 at 6:51 am
why the fuck to you even bother about this santelli thing, its about as irrelevant as it gets, in fact why am i even writing this comment…
11. DocAmazing | March 4th, 2009 at 8:03 am
Hey, Team eXiled–
I presume you’ve seen this bit on SadlyNo!, wherein it is demonstrated that Michelle Malkin is just another Koch sucker:
http://www.sadlyno.com/archives/18151.html
12. GetTheTruth | March 4th, 2009 at 9:29 am
The senators who gave bailout funds to Bush, but not Obama: http://www.gophypocrites.com/2009/01/hyp09004.html
With a name like GOPhypocrites, it’s gotta be good.
13. Ben | March 5th, 2009 at 8:11 am
Are you guys serious? Rick Santelli has never supported ANY bailout. He is violently ANTI bailout of any kind. Where are you getting your info from you sheeple? Even the “confession” you link to says he doesn’t support bailouts. WTF…
14. TGGP | March 5th, 2009 at 3:38 pm
I didn’t think much of Santelli’s rant, but you’re completely offbase on his “confession”. He hasn’t changed his tune on anything, and his “love for Obama and the stimulus” was just expressing a hope for “success” in order to avoid repeating Limbaugh’s mistake of saying he hopes the President fails.
15. OJ | March 6th, 2009 at 1:57 pm
You are wrong about Santelli. He has been consistent in his opposition against all of the bailouts. Just check Youtube.
16. Green Tea | March 6th, 2009 at 3:11 pm
OJ: interesting how you astroturfing commenters-for-hire all spout the exact same lie on every blog: “Santelli has been consistent. Just check out YouTube.” It ain’t there. You people look like fucking idiots after this week. Just give it up already.
17. Rick Riley | March 6th, 2009 at 11:06 pm
Since Olbermann gets paid the most, I guess he’s the biggest welfare queen of them all. Rachel Madcow , when she’s not channeling Olbie like a bad comedian, probably channels 80 cents on the dollar to the man of the house.
18. Joseph | March 7th, 2009 at 2:49 pm
“What Really Happened” censorship of my previous comments is even more revealing as to who really owns and operates “What Really Happened”. To include this article trashing Rick Santelli by “The Exiled” looks like the same old Jewish scheme to build credibility with your readers then slyly use it to persuade your readeres to Jewish Ideology. It’s too obvious and too discusting. You lose more credibility the more you keep including articles and sites that trash Rick Santelli. GOOOOOOOOOOOOOO Rick. You have the World Jew money manipulators on your tail and on the run. You must be doing someting right to attract their melicious onslaught. Keep it up Rick. There are millions of us that see through this typical Jewish led media properganda. We are behind you and support you and are willing to protect you in the event of any threats against It looks like all Ron Paul followers are in your corner too.
19. dean karami | March 7th, 2009 at 4:13 pm
he even look like an snake oil salsman…we’ve started calling him …DICK SERPENTELLI…how’s that?….
20. Alex | May 31st, 2010 at 6:40 am
Ames, Levine, Taibbi, and Moore are my heroes because they stand up to power whereas I suck dick. Nothing in my life is viable, the people I pretend to believe in are hacks. Real journalists write in ways I could never comprehend, so I’m going to make gay jokes to my closet-case right-wing friends. Cuz you know, we Republican commenters, we’re not gay at all. Seriously, we’re really not closet-cases, and if you don’t believe us, just check out how homophobic guys like me are.
21. Peter | August 5th, 2011 at 5:14 pm
Two years later, Santelli is still a fraud, you were right, and Team Obama were wrong.