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So What Does the Market Really Think?

February 19th, 2009 Sphere: Related Content

An interesting and enlightening clip from today with Rick Santelli at the Chicago Board of Trade talking about Barack Obama’s mortgage bailout plan.

Evidently there isn’t a whole lot of support from traders, and I suspect there isn’t a whole lot of support from markets in general.

“You can’t buy your way into prosperity.”  Can’t agree more.

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  1. Winston
    February 19th, 2009 at 21:58 | #1
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    Saw that today. Brilliant. This is a huge mess…

  2. MJ
    February 19th, 2009 at 22:22 | #2
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    I could watch CNBC all day. Rick is typically the upbeat guy, but I think we all have seen when enough is enough. That doesn’t mean I don’t want to refinance my mortgage either.

  3. rocketc
    February 21st, 2009 at 21:51 | #3
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    Thanks for stopping by rocket finance.

    I loved the above clip . . . if we could find a politician like that we would be a whole lot better off.

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