Hints and tips:
...This time, Rick Santelli raged against the bailout plan for "losers" who were behind on their mortgages....
...The most notorious broadside came in 2004 when the Californian animators JibJab had a satirical dig at both Dubya and John Kerry (“This land will surely vote for me”)....
...As was the rant of Rick Santelli, an early mover in the US Tea Party, for whom any suggestion of support for subprime mortgage holders was subsidising “losers”....
...In CNBC’s discussion following this, Mr Santelli grew ever angrier. “Who are we helping here? They’re making it worse and they’re not addressing the problem....
...MW: Even John Cochrane [of Chicago University] has agreed that leverage is a problem....
...- Handbags at the ready for Santelli vs Whitney. - Was the Fed secretly bold? - An experiment in classroom ethics. - Losing your AAA. - Wall Street to everyone re French banks: calm down....
...And at pixel time Rick Santelli was screaming “the horror, the horror” “the yields, the yields” on CNBC, which we assume is code for “check out US Markets Live at 10am, New York time.”...
...For Santelli it was another wasteful bailout for the undeserving – although in this case the undeserving were poor. “This is America!” Santelli began....
...John Lloyd is an FT contributing editor. Prime minister’s question time...
...have played by the rules are growing increasingly angry about government rewarding irresponsible behaviour and spending their money on bigger and bigger programmes our nation simply cannot afford,” said John...
...Rick Santelli, a CNBC reporter, made an on-air outburst against Obama, attacking homeowners facing foreclosure as “losers”....
...John Lloyd is the FT’s television critic....
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