Rick Santelli

While the organizers of the Washington, D.C. anti-spending “Tea Party” have given a speaking slot to Alan Keyes, that other failed African-American Republican Senate candidate from Maryland, Michael Steele, has been dissed by the crew behind the Chicago Tea Party. Eric Odom, the event’s organizer, has posted the email he wrote to the Republican National [...]

In another sign that the behavior of lenders who disregard their REO properties is gaining attention, The New York Times picks up on the common and scandalous practice of banks walking away from foreclosures.

Speaking of Rick Santelli, The Daily Show’s Jon Stewart takes him on. (Santelli  “bailed out” on an invitation to appear personally, as Jon Stewart put it.)
But the best part is the review of CNBC’s sage financial advice.

As Dave Weigel notes, the Tea Party movement to protest the mortgage rescue plan and other government bailouts rolls on, with a planned rally Friday in front of the White House. The revolt over bailouts got a big boost last week with the televised rant by CNBC’s Rick Santelli against helping troubled borrowers, and only [...]

I could not shake the sense that Rick Santelli, CNBC’s Angry Man, was going through the same media cycle that Joe Wurzelbacher was. So, at an Americans for Tax Reform luncheon today, I asked Wurzelbacher if he agreed with Santelli’s appearance last week, in which Santelli blasted the mortgage rescue plan and saying that there [...]

In a rant that could rank right up there with Rick Santelli’s tirade, Virginia Hammerness, the granddaughter of the man who founded Bank of America in the 1900s, let loose on the current bank’s management in an interview with a San Francisco television station.
From the interview, with CBS Channel 5
“I think its totally repulsive,” Hammerness [...]

The insurance giant AIG is back with its hands out, asking for yet another government bailout, the New York Times reports. At TPM, Josh Marshall raises an interesting question. Where does the bailout money for AIG  — at $150 billion and counting — really go?

Andrew Sullivan takes a shot at the Obama administration’s plan to help homeowners, noting that he’s diligently paid three mortgages and now is expected to bail out people who gave in to “greed, wishful thinking, and recklessness.”  His comments follow on the heels of the now-famous Rick Santelli rant on CNBC, which — mistakenly, in [...]