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America Quote by Rick Santelli

“The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard” quote by Rick Santelli
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“The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard”

Rick Santelli

About This Quote

He criticizes government subsidies for mortgages, calling it a moral hazard and urging people to stop paying.

In simple terms: He sees mortgage subsidies as unfair and risky.

Key Takeaway

Question the fairness of public bailouts.

Themes

economics policy morality public finance

Mood

critical concerned

Type

political economic

When to use this quote

  • political commentary
  • public discourse
  • policy debate

Key Concepts

subsidy mortgage risk government intervention

Questions to Reflect On

  • How do subsidies affect market behavior?
  • What alternatives exist for helping homeowners?
A Different Perspective

May ignore systemic housing issues.

4.5 out of 5 (5 ratings)

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