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Santelli Smells A Rat: 'I Told You They'd Get It Under 8%—They Did!'
NewsBusters ^ | Mark Finkelstein

Posted on 10/05/2012 6:04:36 AM PDT by governsleastgovernsbest

Rick Santelli, the man who helped launch the Tea Party with his impassioned comments from the trading floor in 2009, sees the hand of politics at work in today's announcement that the unemployment rate has dipped below 8%.

Speaking on CNBC's Squawk Box this morning just minutes after the number was announced, Santelli said: "I told you they'd get it under 8%--they did!"

View the video here.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: magicnumbers; ricksantelli; unemploymentrate
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1 posted on 10/05/2012 6:04:42 AM PDT by governsleastgovernsbest
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To: netmilsmom; Behind Liberal Lines; Miss Marple; an amused spectator; Diogenesis; MEG33; PGalt; ...

Santelli smells a rat on unemployment rate. Ping to Today show list.


2 posted on 10/05/2012 6:05:37 AM PDT by governsleastgovernsbest (FReepmail or ping me to be put on my ping list for criticism of liberal media)
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To: governsleastgovernsbest

REUTERS: “A survey of households from which the jobless rate is derived showed 873,000 job gains last month, the most since June 1983.”


3 posted on 10/05/2012 6:10:19 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: governsleastgovernsbest

How has the greatest country on earth sunk to this level of corruption. Obama that is how. Despicable.


4 posted on 10/05/2012 6:13:05 AM PDT by flaglady47 (When the gov't fears the people, liberty; When the people fear the gov't, tyranny.)
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To: governsleastgovernsbest

But still Obama lost the election, when you lose the first debate, you lose the election.


5 posted on 10/05/2012 6:13:33 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Oldeconomybuyer

the most since June 1983!?!


6 posted on 10/05/2012 6:14:18 AM PDT by tsowellfan
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To: flaglady47

No wonder Hugo Chavez LOVES this guy


7 posted on 10/05/2012 6:15:21 AM PDT by tsowellfan
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To: tsowellfan

You got that right.


8 posted on 10/05/2012 6:17:00 AM PDT by flaglady47 (When the gov't fears the people, liberty; When the people fear the gov't, tyranny.)
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To: governsleastgovernsbest

Drive enough people out of the work force entirely, and the percentage of people looking for work drops. Go figure.

Another thread theorizes that the systematic devaluation of the dollar is designed to devalue jobs: getting around minimum wage laws by making those minimum wages numerically stable but worth less on the world market.


9 posted on 10/05/2012 6:18:56 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: governsleastgovernsbest

Classic Goebbels moment.


10 posted on 10/05/2012 6:20:02 AM PDT by TADSLOS (Conservatism didn't magically show up in Romney's heart in 2012. You can't force what isn't in you.)
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To: governsleastgovernsbest
Did they count the chronically unemployed, those who have given up working, those who can no longer collect unemployment, those who said, the heck with it and are now collecting disability?

I didn't think so.

Once again, pure horse manure.

11 posted on 10/05/2012 6:20:02 AM PDT by fatnotlazy (The debate was a gunfight, and Obama brought a knife.)
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To: fatnotlazy

How dare you ask questions about where these numbers are coming from, or how they are calculated. (Sarcasm)

Look for a new talking point that Porkulus worked. Since Porkulus was intended to keep unemployment under 8%, the liberals will now say that it finally succeeded.


12 posted on 10/05/2012 6:24:20 AM PDT by Dilbert San Diego
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To: Biggirl
“But still Obama lost the election, when you lose the first debate, you lose the election.”

BULL!!!! These “numbers” will be touted from the highest rooftops and the zombie American public will lap it up with great enthusiasm. This will happen again next month and it will be Zero by 6 points in Nov.

13 posted on 10/05/2012 6:25:51 AM PDT by CapnJack
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To: flaglady47

How has the greatest country on earth sunk to this level of corruption.

We are being led by a bunch of gangster thugs who would throw their own mothers under a bus to obtain their objectives - power and greed. These godless bunch of low lifes will do anything to win this election. I hope it bites them in their @sses.


14 posted on 10/05/2012 6:26:25 AM PDT by Bitsy
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To: governsleastgovernsbest

Jeffery Immelt on line 2!


15 posted on 10/05/2012 6:27:47 AM PDT by Dr. Ursus
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To: governsleastgovernsbest

Ryan, crunch toses numbers, baby!


16 posted on 10/05/2012 6:29:01 AM PDT by Bitsy
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To: Biggirl

But still Obama lost the election, when you lose the first debate, you lose the election.

Yes, but Reagan lost his first debate, thankfully obama is no Reagan.


17 posted on 10/05/2012 6:37:48 AM PDT by GraceG
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To: governsleastgovernsbest
Santelli smells a rat on unemployment rate.

Was it more folks who gave up looking for work and dropping them from the workforce pool made the numbers look better or is is something else?

18 posted on 10/05/2012 6:41:41 AM PDT by sr4402
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To: governsleastgovernsbest

Does this really help Obama? After all, hasn’t he already locked up the moron vote?


19 posted on 10/05/2012 6:42:39 AM PDT by smoothsailing
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To: CapnJack

Your opinion that is all.

Like it or not, Obama lost the election Wednesday night.

The ONE CONCERN I do have is the voter fraud, which is why folks are going to have to be on their guard.


20 posted on 10/05/2012 6:44:00 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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