I hadn't watched Gregory on Meet The Press since Russert's death. That was smart.
Today Mr Gregory, in questioning Gov Crist, quoted "analysts at Amherst Securities" who denounced Obama's housing plan for giving the most aid to those who had stretched the limits and "lied the most" about their income. He quotes "analysts at Amherst Securities," so this must be a fact. What is a fact is that Amherst Securites is a "leading dealer and market maker in mortgage backed securities" - the bastards that got us into this mess.
And the new folk hero, Rick Santelli, who Maureen Dowd said "struck a populist nerve with his screed about the unfairness of responsible homeowners picking up the tab for irresponsible homeowners" was galvanizing the masses - of traders at the Chicago Board of Trade. Prior to rousing the rabble, Mr Santelli "was a vice president handling institutional trading and hedge accounts for a variety of futures related products. He also served as managing director at the Derivative Products Group of Geldermann, Inc., and was Vice President in charge of Interest Rate Futures and Options at the Chicago Board of Trade for Drexel, Burnham, Lambert.(An illustrious firm,some of whose principals did jail time, after the firm's bankruptcy.)
Frankly, I've never heard of a populist leader coming out of Drexel, Burnham. But now, according to Michelle Malkin, quoting the populist Investors Business Daily, we can look forward to Tea Parties in Chicago. Not like the Boston Tea Party, more like the Mad Hatter's.
