A Quote by Rick Santelli

How about we all stop paying our mortgages! It's a moral hazard. — © Rick Santelli
How about we all stop paying our mortgages! It's a moral hazard.
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
Hazard has conditioned us to live in hazard. All our pleasures are dependent on it. Even though I arrange for a pleasure, and look forward to it, my eventual enjoyment of it is still a matter of hazard. Wherever time passes, there is hazard.
We can't stop talking about the importance of our values and our culture. We can't stop talking about them because the moral well-being of our people is directly linked to their economic well-being.
When people are frightened about going hungry and paying their mortgages, a scarcity model begins to prevail; they fear someone else will get their piece of the pie.
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
I promise to do everything in my power to achieve energy independence and to do so within ten years and to stop global warming, which says to the American people that we are about the future, about addressing how we create jobs, how we care for our children, how we grow our economy, and how we preserve our planet.
I think moral philosophy is speculation on how we ought to live together done by people who have very little clue how people work. So I think most moral philosophy is disconnected from the species that we happen to be. In fact, they like it that way. Many moral philosophers insist that morality grows out of our rationality, that it applies to any rational being anywhere in the universe, and that it is not based on contingent or coincidental facts about our evolution.
We can think about how we reduce the pain in paying. So, for example, credit cards are wonderful mechanisms to reduce the pain of paying. If you go to a restaurant and you are paying cash, you would feel much worse than if you were paying with credit card. Why? You know the price, there's no surprise, but if you're paying cash, you feel a bit more guilt.
A whole lot of us go through life assuming that we are basically right, basically all the time, about basically everything: about our political and intellectual convictions, our religious and moral beliefs, our assessments of other people, our memories, our grasp of facts. As absurd as it sounds when we stop to think about it, our steady state seems to be one of unconsciously assuming that we are very close to omniscient.
Bold ideas, unjustified anticipations, and speculative thought, are our only means for interpreting nature: our only organon, our only instrument, for grasping her. And we must hazard them to win our prize. Those among us who are unwilling to expose their ideas to the hazard of refutation do not take part in the scientific game.
I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.
Regulation creates a moral hazard.
Meditation is not meant to help us avoid problems or run away from difficulties. It is meant to allow positive healing to take place. To meditate is to learn how to stop—to stop being carried away by our regrets about the past, our anger or despair in the present, or our worries about the future.
Moral hazard is something I don't take lightly.
I'm angry and I understand why Australians paying mortgages are angry.
We're going to stop paying the interest on Leliqs that Argentines are paying for every day.
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