The outspoken (Deo Gratias) Rick Santelli, the father of the Tea Party, explains quite forcefully the spuriousness of Obama's Buffett Rule. The fact that it is, indeed, a non solution to the problem will not stop Obama from pushing for it because it's an important piece of his class warfare rhetoric.
The video was on The Foundry (the Blog of The Heritage Foundation) today, along with these comments:
Back in February 2009, CNBC’s Rick Santelli launched a nationwide firestorm when he spoke out from the floor of the Chicago Board of Trade about the federal government run wild and President Obama’s mortgage plan, calling for a Chicago Tea Party in July of that year.Today, Santelli again spoke truth to the American people when he explained why the President’s “Buffett Rule” does nothing to solve America’s fiscal crisis.
