Saturday, February 21, 2009

The White House Fires Back Against Rick Santelli

The Rick Santelli "Rant of the Year" is now legendary in the investment blog world so I won't waste any time discussing it. The clip is below:

What is less well known is the response from the Obama Administration by Robert Gibbs, the Press Secretary. The clip is below. The Gibbs part starts about 20 seconds in.

"I also think it’s extremely important for people who rant on cable television to be responsible and understand what they’re talking about," he said. "I feel assured that Mr. Santelli doesn’t understand what he’s talking about."

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