Rick Santelli has an article on CNBC.com essentially arguing that he is generally passionate about what he talks about and has no connection with the websites that have sprung up (but which appear to be ‘astroturf’ grassroots movements started by right-wing fringe groups). He also continues to argue that the general reaction to his ‘rant’ was spontaneous and shows that people don’t like the bailouts and that he doesn’t like the bailouts. He also says that his registration as a Republican had nothing to do with the ‘rant’ and had no ‘political agenda’ in his comments’.
I think that whether or not Santelli was coordinating the ‘rant’ with the ‘sympathy’ websites that sprung up from people with strong right-wing, astroturf connections is irrelevant. The Playboy blog (linked in a previous post) was focused on his contract situation (it is up for renewal soon) and thus it would be reasonable to assume that he is trying to make himself more ‘popular’ with right-wing viewers (and maybe some of the anchors) as well as providing him with an alternative path should CNBC decide to lay him off (it’s a challenging environment in the media field and GE’s financial woes from it’s finance arm are well known).
A few selected quotes:
“First of all let me be clear that I have NO affiliation or association with any of the websites or related tea party movements that have popped up as a result of my comments on February 19th, or to the best of my knowledge any of the people who organized the websites or movements.”
“The one spot in particular that occurred on February 19th at roughly 8:15 est time and maybe lasted for a minute probably wasn’t even in my top 5 in terms of intensity, energy, or controversy. It was unique in that it obviously struck a chord with the public thus inciting what can only be described as a groundswell of feedback from the public, the White House, the Internet, and the media at large.”
“The real nerve struck seems to be the pent up emotions felt by millions of Americans regarding spending TRILLIONS of dollars to fix the housing market, the banks, and the economy. SPECIFICALLY WHO WILL PAY….WHO WILL BENEFIT….and above all the governments role in all of this.”
“Just for the record I have NOT been in favor of any of the bailouts not in the Bush administration nor the Obama administration. Not for the banks, the insurance companies, or the homeowners that purchased homes they can no longer afford. I have consistently questioned the notion that hard working Americans that have played by the rules should be on the hook for others ill fated financial behavior.”
“Many millions of Americans seem to agree with my position otherwise why would this “rant” be so much different than many of my impassioned comments of the past. Why would the Internet light up the way it did if people did not feel so strongly. The answer seems pretty obvious; the nerve I struck resonated across the country.”