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CNBC’s Rick Santelli Goes Bonkers In On-Air Debate Over Debt Ceiling
Mediaite ^ | 4/7/2011 | mark Joyella

Posted on 07/08/2011 5:14:21 AM PDT by CharlesThe Hammer

The banner at the start of the CNBC segment reads “What’s the Deal?” And that’s a question some viewers may have asked by the end of the segment after watching CNBC’s Rick Santelli go very nearly grandma-punching crazy in a segment about spending and the debt ceiling. “I don’t believe in compromise on spending,” Santelli shouted. “There’s no compromise. Stop spending.” And from there it got weirder. Referring to a comment from Warren Buffet about the debt ceiling negotiations referring to the negotiations as a game of Russian roulette, Santelli said “there’s a bullet in the gun. If we keep spending, for sure we’re going to hit something and it’s going to bleed!

(Excerpt) Read more at mediaite.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: balancedbudget; debt; santelli; taxes
This is an epic rant from the trading floor. Here's a YouTube link:

http://www.youtube.com/watch?v=BNSntbQSTt8

GO RICK!

1 posted on 07/08/2011 5:14:24 AM PDT by CharlesThe Hammer
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To: CharlesThe Hammer

Hey, Rock is the Father of the Tea Party!! I LOVE his rants!!!


2 posted on 07/08/2011 5:17:17 AM PDT by Ann Archy (Abortion is the Human Sacrifice to the god of Convenience.)
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To: CharlesThe Hammer

Thanks for posting. Love me some Santelli ranting.


3 posted on 07/08/2011 5:17:32 AM PDT by Huck
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To: Ann Archy

He sure is! bttt


4 posted on 07/08/2011 5:26:33 AM PDT by Matchett-PI ("I used to think Obama was an empty suit but now I think he has filled his pants." ~badgerlandjim)
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To: Huck

I loved it. I didn’t think he was ranting. I think he is PASSIONATE and he is damn right. STOP THE SPENDING!!!


5 posted on 07/08/2011 5:28:41 AM PDT by no dems (When I learn that a person, regardless of who they are, is a Democrat, I lose respect for them.)
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To: CharlesThe Hammer

Classic. Why can’t we have some pols that understand things the way he does? Oh, I forgot. You have to have a set and our pols have all been neutered/spayed.


6 posted on 07/08/2011 5:28:51 AM PDT by animal172 (Does anyone even remember the USA of old?)
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To: CharlesThe Hammer

Rick is right.

I still have his orginal tea party call for action bookmarked on my computer ( a great piece of history in my opinion) :

http://video.cnbc.com/gallery/?video=1039849853


7 posted on 07/08/2011 5:34:10 AM PDT by HereInTheHeartland (Real hope and change comes in January 2013)
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To: CharlesThe Hammer
Here's the "RANT" that started an avalanche...

The 'Shot' heard around the world...

Changed the course of history!... GO RICK!

8 posted on 07/08/2011 5:37:03 AM PDT by The Bronze Titan
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To: HereInTheHeartland
Santelli for Treasury Secretary!!!
9 posted on 07/08/2011 5:37:12 AM PDT by HereInTheHeartland (Real hope and change comes in January 2013)
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To: CharlesThe Hammer

Other commentator: “... but we’re running out of time....” [to raise the debt ceiling]

[whine]

Santilli is right: it is a spending problem.

[The threat of armageddon without a debt ceiling increase has been going on for months now. Amazingly, they come up with a deadline; however, when it passes, life goes on and they find another ‘must-raise ceiling’ a few weeks down the road.]


10 posted on 07/08/2011 5:40:07 AM PDT by TomGuy
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To: CharlesThe Hammer

http://www.freerepublic.com/focus/f-news/2745261/posts


11 posted on 07/08/2011 5:41:57 AM PDT by Keith in Iowa (FR Class of 1998 | TV News is an oxymoron. | MSNBC = Moonbats Spouting Nothing But Crap.)
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To: HereInTheHeartland
"Santelli for Treasury Secretary!!! "

I second the motion.

12 posted on 07/08/2011 5:50:24 AM PDT by BipolarBob (Beer? That's the reason I get up in the afternoon.)
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To: Matchett-PI

Amen!! Hey Pubs....get the FLAT TAX in NOW!


13 posted on 07/08/2011 5:52:03 AM PDT by Ann Archy (Abortion is the Human Sacrifice to the god of Convenience.)
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To: CharlesThe Hammer

Rick is right, of course.

If we reach the debt ceiling, we will still have plenty of revenue to pay off the interest on our debt, which is all our creditors care about.

Yes, the non-essential services will be cut back. But how many people do we need picking up litter in the government-kept land?

The debt-spenders are trying to over-complicate this issue and they are using FEAR and the THREAT OF CRISIS — as they ALWAYS do — do keep people from thinking clearly and acting in a calm, intelligent, reasoned fashion.


14 posted on 07/08/2011 6:00:28 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: CharlesThe Hammer
This is an epic rant from the trading floor.

Not bad. But I wish instead of using Social Security as an example which has lesser priority than paying interest on the debt, I wish he would have used paying salaries and pensions to the bureaucracy; and payments to State governments.

ML/NJ

15 posted on 07/08/2011 6:05:05 AM PDT by ml/nj
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To: CharlesThe Hammer

read my lips, no increase in the debt limit, (forget the period, exclamation point!)


16 posted on 07/08/2011 6:05:56 AM PDT by Daveinyork
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To: CharlesThe Hammer

Rick gets it. Free Republic gets it. The Tea Party gets it. How long before the Republican elitist establishment gets it?


17 posted on 07/08/2011 6:09:17 AM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER thaln a TEA BAGGEE.)
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To: CharlesThe Hammer

I love the sound of Rick Santelli in the morning. It sounds like common sense and good solid judgment .....

.....all the more so when set against all those Obamaphiles on CNBC.

All hail the man who gave the Tea Party movement its name!


18 posted on 07/08/2011 6:16:25 AM PDT by Mobties (Reduce the government footprint! Let the markets work!)
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To: Mobties
.....all the more so when set against all those Obamaphiles on CNBC.

Amazing that the Tea Party Movement was stoked by a man working for a powerful company that has so much leftist bias and promotes a progressive agenda.

19 posted on 07/08/2011 6:26:32 AM PDT by Crucial
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To: CharlesThe Hammer

Rick Santelli for PREZ!


20 posted on 07/08/2011 6:29:52 AM PDT by BereanBrain
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To: BipolarBob

Rick just proves that there are some thinking people here in the Chicago area, and we can always count on him to hit the nail right on the head. I know a stockbroker who knows him, and he said he is just like that in real life.


21 posted on 07/08/2011 6:31:48 AM PDT by MondoQueen
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To: BipolarBob
I rise in support that seconded motion

Rick rocks!

22 posted on 07/08/2011 6:38:46 AM PDT by jimjohn
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To: CharlesThe Hammer
“There’s no compromise. Stop spending.” And from there it got weirder.

If that sounds weird to this writer then that tells us all we need to know about where he's coming from.

Rick Santelli go very nearly grandma-punching crazy

That's close to slander.

23 posted on 07/08/2011 7:04:40 AM PDT by DManA
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To: no dems

“If not now, when?”

This is the line we should all be saying because it truly is the time. If they don’t stop this out of control spending now, will it ever happen? And then what?


24 posted on 07/08/2011 7:10:51 AM PDT by Leavemealone
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To: MondoQueen

I love to watch him. I daytrade and try to watch as much CNBC as I can get away with. Rick is worth his salary.


25 posted on 07/08/2011 7:23:41 AM PDT by BipolarBob (Beer? That's the reason I get up in the afternoon.)
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To: DManA

Mediaite sucks. Their commentary is always infantile and idiotic.


26 posted on 07/08/2011 7:25:07 AM PDT by WhistlingPastTheGraveyard (Some men just want to watch the world burn.)
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To: Leavemealone

Ref. your Post #24: I agree. That should be our battle cry:

IF NOT NOW; WHEN?


27 posted on 07/08/2011 7:36:39 AM PDT by no dems (When I learn that a person, regardless of who they are, is a Democrat, I lose respect for them.)
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To: CharlesThe Hammer
"Santelli said “there’s a bullet in the gun. If we keep spending, for sure we’re going to hit something and it’s going to bleed!"

Gotta love Rick's Rants. First he gave us the modern Tea Party, and now a vision of Tax & Spend as "Democrat Roulette". Sure hope someone with a national voice can pick up on that...

28 posted on 07/08/2011 7:45:29 AM PDT by Reo
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To: BereanBrain

Rick Santelli for Fed Chairman. (Hear that GOP candidate?)


29 posted on 07/08/2011 7:49:04 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: CharlesThe Hammer

Santelli is a modern day Thomas Paine.


30 posted on 07/08/2011 7:54:40 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: catfish1957

....needs bumping


31 posted on 07/08/2011 1:48:26 PM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: catfish1957
Another rip roaring Rick's Rant bump.

Again from the Father of the Tea Pary.

32 posted on 07/08/2011 7:25:34 PM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: CharlesThe Hammer

Awesome!


33 posted on 07/08/2011 7:42:25 PM PDT by Lancey Howard
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To: CharlesThe Hammer

Santelli 2012!!!!!!!!!


34 posted on 07/09/2011 12:00:51 AM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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