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by
Bryan Preston

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February 19, 2014 - 8:41 am

It was on February 19, 2009, that CBNC’s Rick Santelli let rip the rant heard ’round the world. The day before, President Obama spent some of his honeymoon political capital on a proposal to subsidize the mortgages of about 9 million Americans, with taxpayer dollars. The media, still in full swoon over Obama (and most of the media remain in that state to this day), reported on the proposal without noting that it would force Americans who had been responsible with their decisions to subsidize millions who had not.

CBNC’s Rick Santelli was standing with traders in Chicago the morning of February 19. The mortgage proposal had him in high dudgeon. He turned to his fellow traders and said, “This is America! How many of you people want to pay for your neighbors’ mortgage that has an extra bathroom and can’t pay their bills? Raise their hand.” The traders can be heard booing the proposal. Santelli turns back to the camera and makes his first slice of history, saying, “President Obama, are you listening?”

President Obama was not listening (well, unless you count the NSA). He hasn’t listened to this day. He would go on to ram Obamacare through a Democrat-controlled Congress despite the majority of the American people’s objections to that law. The majority still object to that law; Obama continues selling it anyway.

Santelli wasn’t finished. He noted that it is possible to take a prosperous nation to its knees with terrible, big government policies.

“Y’know, Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now they’re driving ’54 Chevys, maybe the last great car to come out of Detroit,” he said.

A few seconds later, Santelli said something that launched a whole movement.

“We’re thinking of having a Chicago Tea Party in July,” Santelli said. “All you capitalists that want to show up to Lake Michigan, I’m going to start organizing.”

The Tea Party would go on to galvanize opposition to Obama’s policies and hand the U.S. House of Representatives to Republicans in 2010, along with several governorships and state legislatures. The Obama administration, or functionaries within it, would counter by using the IRS and other executive branch agencies to harass and slow the Tea Party’s growth heading into the 2012 election.

Watch Rick Santelli’s epic rant here.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.

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All Comments   (8)
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One listens to Rick Santelli nowadays and seems he's been schooled in the vagaries of life in corporate America...subdued, talks knowledgeably about his area of expertise and never, ever strays from "the mark!" A totally different and quieter Rick Santelli. Sad, he too, knows which side of his bread is buttered. Pray. Amen. Like another "fire brand" called Glenn Beck! Support an ArticleV local committee for:1)term limits, 2)balanced budget and 3) return of States Rights.
30 weeks ago
30 weeks ago Link To Comment
I remember watching him live. Santelli seemed very angry that day over the government bailing out human beings.

I never heard his rant when the government bailed out the banks.

30 weeks ago
30 weeks ago Link To Comment
Most banks pay their employees, their people, more than minimum wage and offer health coverage. I'm confused, I thought that was part of the agenda.
30 weeks ago
30 weeks ago Link To Comment

What? The big Wall Street banks aren't human, too? Where is your liberal compassion?
30 weeks ago
30 weeks ago Link To Comment
Considering the present state of US affairs and its apparent directions thanks to the Hard Left and the evident inability/unfortunate motivations of "The Establishment," the "Tea Parties" and like motivated parties sorely need to mount a revolutionary effort to assure the governed are governed by elected officials who are responsible and respect the rule of law, the constitution and their responsibility to and for the well being of our Nation and its peoples today and into the future!
30 weeks ago
30 weeks ago Link To Comment
So five years ago one on-air rant turned thousands of people racist? Wow - talk about the power of words...
30 weeks ago
30 weeks ago Link To Comment
Yeah, people being concerned about our taxpayer money makes liberals racist.
30 weeks ago
30 weeks ago Link To Comment
This is typical Social liberalism masking as a Progressive New Left Activist. "If I can't think of something intelligent to say, I'll spit in your face or throw a shoe at you!!!! "So much for thoughtful discourse from Socialist liberals (read: communists). Pray. Amen. God Bless America and Americans. Support a local ARTICLEV committee for:1)term limits, 2) balanced budget and3) return of States rights.
30 weeks ago
30 weeks ago Link To Comment
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