The Ticker

About That Santelli Rant . . .

February 19, 2009 RSS Feed Print

Rick Santelli's rant today on CNBC about the Obama Administration's housing bailout is weird enough, but what really makes it special is the promo that airs before the clip. It's an ad for CNBC's upcoming special NEWBOs: The Rise of America's New Black Overclass.

So there you go: We now inhabit a world where commodity traders occupy the "silent majority" of hard-working Americans who just don't want to pay for other people's mortgages and we're ruled by a "new black overclass." Perspective please.

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The Ticker

The Ticker

Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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