As Roy, Jon and David reported yesterday, CNBC’s Rick Santelli set off a firestorm yesterday with his attack on Obama’s home foreclosure bailout plan.
He is everywhere now including National Review Online. Here is the conclusion to his NRO interview.
At the end of the day, it?s simple. A lot of the president?s advisers are saying that there?s a multiplier effect to the government money, and it?s over one. Now if that?s true, then the government should spend non-stop for the rest of our lives, because we?ll get a positive return. And it makes no sense. … I guess in the end, I believe in the founding fathers, and I believe that in America… the pursuit of happiness and to work hard and keep the fruits of your labor is something I believe in. And I?m not saying we should forget people who need help. But at the end of the day, Americans are strong and they?re charitable. I think what they have a problem with is that it?s force-fed via the government.
