Friday, February 19, 2016

February 19, 2009 -- The Birth of the Tea Party

February 19, 2009 -- Full-out rant at the Board of Trade as CNBC commentator Rick Santelli rails against President Obama's mortgage bailout plan. "The government is promoting bad behavior," Santelli storms. "This is America! How many of you people want to pay for your neighbor's mortgage that has an extra bathroom and can't pay their bills?" Sanely follows up by suggesting that a modern Chicago tea party might consider dumping derivative securities into Lake Michigan. It was on this Thursday morning that a whole new era in American politics is born. Here's the segment, just for old time's sake . . 

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