Rick Santelli tries to defend himself:
Let's face it: Santelli is simply trying to foment populist outrage and channel it against the Obama administration, which is propping up AIG in order to avert a world depression. We were brought to the brink of this financial disaster by Santelli's Republican pals in Washington, the financial "geniuses" he worships, and by a complacent financial media apparatus that's more interested in pushing toss-of-the-dice stock picks than uncovering the bad governance, lack of transparency, and outrageous business practices that led us here. It's a nice two-for-one: provide cover to your buddies and their million dollar bonuses while attacking Obama for trying to fix the mess you contributed to. I don't think it's going to work, certainly not in an era in which John Stewart commands far more respect than any "real" news broadcaster.
Any time you hear Santelli and his ideological bretheren on CNBC decrying the billions we're spedning in hopes of averting financial catastrophe you can basically turn the channel to nickelodeon or cartoon network. You'll learn more about world affairs from watching 10 minutes of Scooby Doo than ten hours of these idiot rants on CNBC.