About That Santelli Rant . . .

The trading floor is not a good statistical cross-section of America.


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.

  • Kirk Shinkle

    Kirk Shinkle is a senior editor for U.S. News Money and manages the Best Funds portal. Follow him on Twitter @KirkS or email him at kshinkle@usnews.com.

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