CNBC’s Rick Santelli Rant On Obama’s Mortgage Rescue Plan (VIDEO)

Tell us what you really think Rick Santelli! CNBC’s Rick Santelli doesn’t care for Obama’s foreclosure rescue plain at all. View the video of Rick Santelli going off below!

Rick Santelli of CNBC disses President Obama’s plan to not immediately foreclose on homeowners behind on their mortgages because it rewards their bad behavior.

“You know,” Santelli said “Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now they’re driving ‘54 Chevys.”

Honestly what Rick Santelli has to say makes perfect sense, and if the money is going to be spent, it’s only fair that it gets spread around.

Here’s Rick Santelli telling it like it is on CNBC:

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Posted by: Monya

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