Rick Santelli’s “Rant of the Year”

Feb 26, 2011
J. Webster
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Remember this rant, CNBC stock market maven Rick Santelli reacts to the Obama administration bailout of mortgage failures Fannie Mae and Freddie Mac –at taxpayer expense–and kicks off the new Tea Party movement.

Was there any other option though? What is Obama supposed to do? I just don’t think there are many options. I think people forget how bad the stock market crash was and if they government didn’t bailout all the banks then we would have looked at another Great Depression instead of a great recession.

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