Skip to comments.Santelli Rants Against The Intellectual Arrogance Of The "Intellectuals"
Posted on 09/13/2013 4:44:22 PM PDT by Nachum
The American public is "just too darn stupid to get it." That is the message that CNBC's Rick Santelli hears from the mainstream media when discussing polls that suggest US citizens are against a rise in the debt ceiling. Perhaps, as he exclaims, "we should only poll the Harvard and Princeton professors," since they have such a good grasp of reality. But, it is the "giant leap of faith" that the Fed can really move unemployment and keep the economy humming along to support the level of equities that has the Chicagoan irate. Congress - listen up - he explodes, "70% of Americans oppose raising the debt ceiling, and 55% oppose it even if it means default." With the mid-terms not so far away, Santelli warns, "Americans know exactly what they want and they are not getting it from the current Congress."
(Excerpt) Read more at zerohedge.com ...
Intellectuals that depend on government largess are basically navel gazers lacking any common sense. But they are the favorites of the media and are bringing our country down with their greed and lust for power.
The American public is "just too darn stupid to get it." That is the message that CNBC's Rick Santelli hears from the mainstream media when discussing polls that suggest US citizens are against a rise in the debt ceiling.
Consider what passes as “fiscally responsible” in DC. The deep thinkers in the Capital think if they vote to raise the debt ceiling and the Fed keeps “printing” money, out of thin air, the economy will get better. No reduction in government spending. No actual increase of real capital, as in actual goods and services. I guess the experts operate on the FM principle, as in F’n Magic.
Santelli’s right - the elites think we’re too stupid to understand why bankrupting the country is ‘good’ for us.