Santelli Calls Gibbs’s Bluff
Watching this video, it’s obvious that Rick Santelli isn’t shying away from the fight he picked with the Obama administration on the home mortgage bailout:
White House Press Secretary Robert Gibbs brought this on himself by insisting that Rick Santelli didn’t know what was contained in the Obama administration’s mortgage bailout. Instead of shying away and hiding in a corner, Santelli mentioned that he’s particularly appalled at the Obama administration’s attempt to let courts rewrite mortgage interest rates, even noting that the legislation would allow courts to rewrite what the principle left on the mortgage.
I think Mr. Gibbs was betting on his calling out Mr. Santelli would silence him. If that was his thinking, it backfired. Not only that but Santelli accepted his offer of getting together with Gibbs. I’m positive that Gibbs wasn’t expecting that.
Santelli’s accepting Gibbs’s offer of discussing the mortgage bailout policy over coffee puts Mr. Gibbs in a difficult position. If Mr. Gibbs accepts Santelli’s offer, he’ll be asked some difficult questions on TV, questions that he’d rather not answer. If Mr. Gibbs doesn’t accept Santelli’s offer, he looks like a wimp with a big mouth and big microphone.
Given Mr. Gibbs’s difficulties, I’m confident that that isn’t the position the White House wants Mr. Gibbs in.
RELATED: Santelli’s Tea Party, 2/19/09 via CNBC
CNBC’s Rick Santelli and the traders on the floor of the CME Group 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. http://www.cnbc.com/id/15840232?video=1039849853
Salena Zito: “Santelli Inspired Tea Partys All The Rage”
Technorati Tags: Bailouts, Mortgage Bailout, Robert Gibbs, Rick Santelli, Interviews
Cross-posted at LetFreedomRingBlog
February 23rd, 2009 at 9:03 am
Mr. Gibbs IS a big wimp with a microphone. And he wouldn’t stand a chance with Santelli (or anyone else with a modicum of knowledge about the pork package and economics).
Don’t look for the discussion between the two. Gibbs is obviously too busy to bother himself with anyone who has the gall to question his savior.
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