I still hold to the belief that among financial analysts, members of Congress (more often than not members of the Republican Party), and those in business, there is a fundamental hypocrisy shared in the midst of the US' financial crisis. When members of the auto industry appear before Congress? Excoriate!!! Private jets!?! Crush the unions! When the corresponding leaders of financial and insurance firms testify? Where's the righteous indignation? Sure, they were roughed up and some demanded restitution for bonuses and lavish events. But they faced entirely different anger, and the Republican Party wasn't attacking them as losers, failed capitalists, or in any way responsible for the depth and severity of this rupture. Btw, for as much as they complain, I haven't found any stories that any of those large firms have paid the government/taxpayers back anything.
And then there's Rick Santelli's and others' complaints about bailing out the "loser homeowners." Sure, some people accepted loans they couldn't afford, pushed by predatory lending by fools. But to attack anyone who might receive funds from this while not attacking AIG, BoA, Citi, Northern Trust is ludicrous. Of course, Rick Santelli's jackass occupation helped get us into this mess. Why should we listen to him and his ilk?
So what happens when Santelli cancels his apperance on the Daily Show? Stewart launches a hilarious attack on CNBC.
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