Chicago Traders Mock Obama's Housing Bailout Plan

CNBC‘s Rick Santelli and the traders on the floor of the CBOE express outrage over the notion they may have to pay their neighbor’s mortgage, particularly if they bought far more house than they could actually afford, with Jason Roney, Sharmac Capital.

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Barack Obama’s housing bailout plan is being compared to the proposal championed last year by John McCain…
The same plan that he panned.
At the time, Obama said McCain’s plan showed “erratic leadership.”

More… Rick Santelli’s Anti-Obama “Rant Heard Around the World”

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.