Wednesday, February 25th, 2009...11:46 am
Vox Populi?
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I heard a guy on Marketplace Minute this morning call Rick Santelli’s rant on CNBC “populist.” For those who don’t know, Santelli went off on “losers” to much applause from the assembled people behind him, members of the Chicago Board of Trade.
Going off on working class people to the cheers of well heeled comodity traders, this is what passes for populism these days?
3 Comments
February 25th, 2009 at 12:17 pm
Those commodity brokers would do well to lay low right now. I’m pretty sure the stronger “populist” sentiment toward those same commodity & stock traders is written on the signs of demonstrators outside the NYSE.
They say “Jump you f***ers!”
February 25th, 2009 at 2:01 pm
Dude is a hero in the wingnuttosphere right now. When I saw the rant I could not believe that I was getting a lecture on responsibility from a millionaire derivatives trader. And then when that commodities trader stepped up to the mic to make a sarcastic remark about “moral hazard” I knew that irony had officially died.
February 26th, 2009 at 8:14 am
dude, populism in america doesn’t have anything to do with looking out for the little guy since Reagan– populism is now whenever a middle- or upper-class white guy starts shouting angrily about anything.