21st Century Paul Revere

I'm dubbing CNBC's Rick Santelli the Paul Revere of the 21st Century, and his clarion call is "The looters are coming! The looters are coming!"

Video here (You gotta see this!)

"Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now they're drivin' '54 Chevys. Maybe the last great car to come out of Detroit."

(...)

"They're [floor traders on the Chicago Mercantile Exchange] pretty much of the notion that you can't buy your way to prosperity. And if the multiplier that all of these Washington economists are selling us is over one then we never have to worry about the economy again. The government should spend a trillion dollars an hour because we'll get 1.5 trillion back.

(...)

"If you read our founding fathers, people like Benjamin Franklin and Jefferson, what we're doing in this country now are just making them roll over in their graves."

The division is not over race, as AG Holder claimed, but over productivity. The "racism" charge is now merely a distraction. The new administration has contempt for anyone who can earn his own living through industriousness and productive effort. Instead they confiscate wealth from producers and lavish handouts upon the lazy and the corrupt. They are, in the truest sense of the term, looters. And they control the levers of power in the administrative branch of our government. We're about to see if the "separation of powers" model can withstand their assault on the Constitution.

Economics and Markets Freedom on the March Obama Administration Posted by JohnGalt at February 20, 2009 1:08 PM