CNBC's Rick Santelli on AIG Bonuses "No Big Deal"

[jefferson_dem]

Run time: 05:46 https://www.youtube.com/watch?v=DL-koQ7bbw8   Posted on YouTube: March 17, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: March 17, 2009 By DU Member: jefferson_dem Views on DU: 727

 

[Turbineguy]

1. When compared to the trillions lost

and trillions more at risk, it's a distraction.

[jefferson_dem]

2. I'll put you in the Santelli camp then. These totals are different in terms of quantity, obviously.

The bonuses are minuscule in comparison. However, fact is...it could be argued that the bailout served the common good of helping prop up a fundamental leg of the nation's overall economic structure. These bonuses are self-serving payouts to greedy incompetent executives.

[Turbineguy]

3. Perhaps I should have completed my post

with "but it's still an outrage!"

Santelli joined the ranks of idiots a few weeks ago.

[jefferson_dem]

5. I appreciate the point of clarification...

:hi:

[ShortnFiery]

4. It is VERY IMPORTANT because it clearly conveys the GREED of INDIVIDUALS. They don't even

have to PRODUCE to reap obscene salaries and bonuses.

It's symbolic to us "little people" wage slaves. If we didn't produce, we'd be out on our ass. Bonus? Are you kidding me?!?

I despise the greedy PIGS on Wall Street. :puke:

[LSparkle]

6. This is REWARDING BAD BEHAVIOR, which Santelli SO objected to ...

when it was bailing out HOMEOWNERS, some of whom may have
turned into "deadbeats" because of a loss of a job or other
circumstances beyond their control. The hypocrisy of Sick
Rantelli is disgusting ...

[offog]

7. People are so mad about those bonuses ....

that even the D.J. at my local rock radio station had to get into it. "Bonuses for what? Running the company into the ground?"

Q: How do ordinary American taxpayers feel about those AIG bonuses?

A: Aaaiiig!

[curiousdemo]

8. Only CNBC.......

Why does this Lying Peacock have a job. CNBC is a disgraceful network, if you want to call it that. More like a propaganda TV show.

[spiritual_gunfighter]

14. So is MSNBC for attempting to "clarify" what Santelli said

Why should I listen to anything MSNBC, NBC News or any other NBC affiliated channel says on this. In the beginning of this clip they threw Santelli a big softball to him to "clarify" what he meant and even the douchebag Santelli didn't knock it out of the park, he continued to talk nonsense about how this "isn't a big deal". Since the Santelli rant MSNBC has been a huge disappointment and has drawn back the curtain on who really calls the shots over there. Don't get me wrong I still watch Keith and Rachel every night but their silence on the CNBC issue has been deafening.

[rcsl1998]

9. CNBC Further Condemns Itself With It's Own 'Experts' (aka Cheerleaders) Words

[radiclib]

10. Slow learners at CNBC, huh?

After what Stewart did to Cramer, this numbfuck really, REALLY needs to STFU.

[burning rain]

11. Sick Rantelli carries the ball for his financial constituency, news at 10.

This just in, Eddie Murphy defends use of profanity.

[Brucie Kibbutz]

12. If the amount of money is so insignificant, why do you care, Rick?

It's only a few "M's" so executives that are already overpaid and lucky to still have a job really shouldn't mind if they don't get the money. It's not that much money to begin with, right? :shrug:

[tomm2thumbs]

13. LOL - so true

and a B is really just a few M's and a T is only a few B's so, sounds like pennies to me no matter how you look at it - it's not like a GADZILLION or anything