The GOP Jobs Debate, Starring…Rick Santelli!?

CNBC's Rick Santelli gestures frantically during his famous 2009 rant.Courtesy of CNBC

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On Wednesday, the eight GOP presidential candidates will gather at Michigan’s Oakland University for a debate about jobs. CNBC’s John Harwood and Maria Bartiromo will moderate the debate, which makes a good deal of sense, because the event is being sponsored by CNBC. But then Mike Allen drops this bomb: “Jim Cramer, Steve Liesman, Rick Santelli and Sharon Epperson will join in the questioning.”

Rick Santelli? Rick Santelli!? Are you kidding me? The Rick Santelli who helped kick off the first round of tea parties by referring to Americans with underwater mortgages as “losers”?

Yes, that Rick Santelli. This Rick Santelli:

Santelli didn’t seem to understand that many homeowners, rather than destroying the economy through their recklessnes, had actually been preyed upon—by banks, by lawyers, by guys like Florida foreclosure baron David J. Stern. Or perhaps he didn’t really care. Either way, it made for pretty good television, and the charges have stuck. If you’re looking for compassion from the candidates on stage tonight, you should probably reconsider. The event is likely to be dominated by Mitt Romney (who has called for the federal government to let foreclosures “hit the bottom“) and Herman Cain (who said the unemployed only have themselves to blame.) Jim Cramer, the Mad Money host whose total blindness of the financial crisis—even as it was ongoing—led to this evisceration by Jon Stewart, will also be asking questions of the candidates.

Santelli’s a terrible panelist for a rational, sober debate about economic policy and job creation. But luckily for him, that’s not what the CNBC debate is supposed to be. As Media Matters notes, the network has advertised the event by airing an ad that asks, “How will candidates end the war on wealth?” 

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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