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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

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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To: governsleastgovernsbest

Did anyone ever doubt Joe Wilson?

21 posted on 10/05/2012 6:48:46 AM PDT by paulcissa (The first requirement of Liberalism is to stand on your head and tell the world they're upside down)
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To: governsleastgovernsbest
About two weeks or so ago there were news stories about how the Department of Labor "found" over a half million jobs by correcting their survey methods (or something like that). I know it was discussed on FR, but I can't find the stories. It looks like they counted them all this month so that even if only slightly over 100,000 new jobs were created all those jobs hiding under the couch get counted just in time for the election.

Does anyone know where to find those stories? I tried, but I couldn't find them.

22 posted on 10/05/2012 6:49:37 AM PDT by KarlInOhio ("Government is the only thing that we all belong to"=implicit repeal of the 13th amendment for all.)
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To: Dilbert San Diego
I guess after the stunning Obama received during the debate, his camp had to come up with something to boost his poll numbers. Sadly, there are those who will look at this number and think the economy is improving.

One of my friends, a rabid Obama fan, has been out of work for Obama’s whole term. She even went to grad school. Still nothing. But she will still vote for him. I just don't get it.

23 posted on 10/05/2012 6:52:19 AM PDT by fatnotlazy (The debate was a gunfight, and Obama brought a knife.)
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To: KarlInOhio

About two weeks or so ago there were news stories about how the Department of Labor “found” over a half million jobs by correcting their survey methods (or something like that).
*********************************************************************
It’s becoming very obvious that the career civil servants at the Department of Labor are every bit as corrupt as the Obama administration and willing to do whatever it takes to advance Obama’s reelection chances.

These career civil servants are currently under a so called “pay freeze”. That pay freeze needs to remain in place for however many decades it takes for these impossible-to-fire leeches to have their salaries matched by the gradually increasing minimum wage. Even at minimum wage they will still be grossly overpaid.


24 posted on 10/05/2012 7:04:20 AM PDT by House Atreides
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To: governsleastgovernsbest
The Great Santelli knows Black Magic when he smells it.

Leni

25 posted on 10/05/2012 7:06:17 AM PDT by MinuteGal
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To: governsleastgovernsbest

these numbers get media spin, but other than the serious Obamabot, is anyone really going to believe this and change their vote?? Prices keep getting higher; we all know people who don’t have jobs. I don’t know anyone who has extra money that they can throw around on “fun” things. I certainly don’t spend money on anything if I don’t have to. Interest rates are crummy...the list goes on and on. Who will believe this crap?


26 posted on 10/05/2012 7:26:42 AM PDT by midnightcat
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To: midnightcat

I serve on my county’s board of assessors. I live in a tourist town. Hotel occupancy is so low that we are having to lower the taxable values of most properties. And you know what that means, less taxes for the operating budget, fewer jobs, etc. etc.

Never thought I would actually live Orwell’s 1984


27 posted on 10/05/2012 7:34:01 AM PDT by Josa
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To: Biggirl

I hope you are right but first debate performance is not an indicator: W lost the first debate against Kerry (who served in Vietnam) and still won the election.


28 posted on 10/05/2012 7:50:28 AM PDT by luv2ski
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To: governsleastgovernsbest
I knew it too.

When Meet the Press did their 'charts' a few weeks back I knew the fix was in - and commented on it. Meet the Press does NOT have charts that trash dems... and this one did. That meant the 'payoff' was coming right before the election - when the chart could show the great improvement. I assumed the numbers would be fixed before the election and commented on it in several posts... Nice to be right.

Santelli's a smart guy - he's got their number. But on this one, lots of us had dems and their boys in the MSM figured out...

We know they cheat, we know they lie... the rest is easy to figure out.

29 posted on 10/05/2012 7:55:14 AM PDT by GOPJ (You only establish a feel for the line by having crossed it. - - Freeper One Name)
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To: governsleastgovernsbest; All
Is THIS why O's administration
BEGGED the defense contractors to WAIT
on the HUGE number of jobs to be cut
with the Jan13 cuts that go into place
so as NOT to bring this number
into more "correct" territory???

30 posted on 10/05/2012 7:57:06 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Josa

Yes, this is just what I mean. I can’t see how anyone can really believe these numbers unless they’re a totally committed Obamabot or possibly a member of the media. This is just crazy. I feel like I’m living in an alternative universe.


31 posted on 10/05/2012 8:09:55 AM PDT by midnightcat
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To: luv2ski

This time though, it is a WHOLE different ball game, in other words, that was THEN, this is NOW.


32 posted on 10/05/2012 8:23:21 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: GOPJ

Voter fraud is one of biggest concerns.


33 posted on 10/05/2012 8:24:45 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: governsleastgovernsbest

GDP this year is running at 1.3%. 1.3% can not produce 1 million jobs per month. 1.3% growth is consistent with job trends of about 120,000 per month which is what was reported. The unemployment rate lie is big lie but I don’t think it will convince any undecideds.


34 posted on 10/05/2012 8:36:15 AM PDT by jwalsh07 (.)
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To: flaglady47

It doesn’t matter...it doesn’t feel like 7.8% and Americans will vote accordingly.


35 posted on 10/05/2012 9:29:50 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Josa
Never thought I would actually live Orwell’s 1984

I've been thinking "1984" all morning long.

36 posted on 10/05/2012 9:37:53 AM PDT by stayathomemom (Beware of kittens modifying your posts.)
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To: governsleastgovernsbest

And the White House is raising the chocolate ration from 1/2 kilo to 1/4 kilo.


37 posted on 10/05/2012 11:08:18 AM PDT by Wordkraft (Remember who the Collaborators are.)
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To: Josa

If Obama’s re-elected it’s gonna get a lot worse...


38 posted on 10/05/2012 10:29:48 PM PDT by GOPJ (You only establish a feel for the line by having crossed it. - - Freeper One Name)
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To: KarlInOhio; blam; TigerLikesRooster; SeekAndFind

Ping to post 22.

Any answers?


39 posted on 10/05/2012 10:32:02 PM PDT by Jet Jaguar (The pundits have forgotten the 2010 elections.)
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To: governsleastgovernsbest
It's pathetic how these bureacrats fold so easily, just to hold onto their phony-baloney jobs.

How much does a soul cost? Not very much, I guess.

40 posted on 10/05/2012 10:46:31 PM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: luv2ski
I hope you are right but first debate performance is not an indicator: W lost the first debate against Kerry (who served in Vietnam) and still won the election.

I've never seen a loss close to this, though. The fight was over in the first round.

I can't imagine the Obama cultists tuning in for the next debate. Why would they want to get beaten up again?

41 posted on 10/05/2012 10:50:22 PM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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