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Keyword: ricksantelli

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  • Santelli Claims Geithner 'Lying to the American People' on Monetization of Debt

    06/03/2009 11:47:18 AM PDT · by Rufus2007 · 5 replies · 984+ views
    NewsBusters ^ | June 3, 2009 | Jeff Poor
    With the federal government issuing massive amounts of debt and the Federal Reserve purchasing it in the name of keeping interest rates down, questions have arisen about impact on the U.S. dollar. On June 2, CNBC's "Power Lunch," aired a clip of the network's chief economics reporter, Steve Liesman interviewing Secretary of the Treasury Timothy Geithner. Geithner claimed the Federal Reserve wasn't monetizing the debt the government was accruing. Following that clip, CNBC's Chicago Mercantile Exchange floor reporter Rick Santelli, famous for inspiring the anti-tax-and-spending tea parties, questioned Geithner's denial of debt monetization. "Well, you know the first part of...
  • VID: Santelli: Geithner Is "Lying To The American Public"

    06/02/2009 10:52:21 AM PDT · by politicalhub · 26 replies · 1,693+ views
    Real Clear Politics ^ | 06/02/2009 | Real Clear Politics
    CNBC's Rick Santelli says Geithner was lying when he told the Chinese there is no risk of monetizing debt in the United States.
  • Santelli Takes on Another Lefty Blaming the Right for Economic Hardship

    05/07/2009 4:47:17 PM PDT · by Rufus2007 · 12 replies · 1,597+ views
    NewsBusters ^ | May 7, 2009 | Jeff Poor
    For whatever reason, CNBC keeps lining up challengers to take on its Chicago Mercantile Exchange floor reporter Rick Santelli over his self-reliance, pro-taxpayer persona - whether it's Steve Liesman, Arianna Huffington or this time, Keith Boykin - editor of The Daily Voice, a CNBC contributor and a BET TV host. ON CNBC's May 7 "The Call," Santelli took on Boykin in the program's "The Call of the Wild" segment. Boykin was armed with the usual anti-George W. Bush talking points. "Look what he inherited first of all," Boykin said. "He didn't inherit anything," Santelli said. "He ran for office, it...
  • Santelli Excoriates Liesman for Acting Like Nixon, Saying 'Dumb Things'

    05/05/2009 12:34:53 PM PDT · by Rufus2007 · 7 replies · 1,005+ views
    NewsBusters ^ | May 5, 2009 | Jeff Poor
    CNBC's Steve Liesman has always gone after tea party inspiration and network floor reporter Rick Santelli for his views, but this time it was Santelli playing offense. The CNBC "Power Lunch" crew was discussing Bank of America (NYSE:BAC) CEO Ken Lewis and disclosure of details surrounding his bank's acquisition of Merrill Lynch May 5. Santelli accused Liesman, CNBC's senior economics reporter of saying "dumb things" and acting like Nixon, when he suggested there could be a compelling reason for Lewis was not forthcoming about the acquisition. "Ask the question in a more compelling way which is - I want you...
  • Santelli Rips CNBC Colleagues Over Ethics Question

    05/05/2009 10:54:36 AM PDT · by politicalhub · 35 replies · 3,195+ views
    A CNBC panel including the channel's all-stars discussed if it is "ethical" to lie if it can "stabilize" the financial system. Commentator Steve Leisman was entertaining this type of thinking but wouldn't admit that he supported it. Chicago's Rick Santelli shot back and told him he sounds like Richard Nixon and asked who did he vote for. Leisman told Santelli he was just "posing" a question about stabilizing the system and not actually endorsing it. Santelli reacted and told him "don't open your mouth and say dumb things." Reaction from traders on the Chicago floor could be heard in the...
  • Fireworks: Kudlow, Santelli Rail Against the Corruption of TARP and Gov't in the Private Economy

    04/24/2009 12:32:27 PM PDT · by Rufus2007 · 6 replies · 724+ views
    NewsBusters ^ | April 24, 2009 | Jeff Poor
    If CNBC on-air talent has really had their hands tied by General Electric and NBC management on criticizing the current administration's economic policy, you couldn't tell it from watching Rick Santelli and Larry Kudlow. On CNBC's April 24 "The Call," Santelli expressed his frustration with an overreaction by the government to solve the financial crisis when Kudlow asked him about the expansion of bailout obligations from the original TARP bailout price tag $750 billion to the $3 trillion. "Listen - I'm glad I didn't say that, I'm glad I didn't say all that," Santelli said. "Do I disagree with it?...
  • ABC Reports Obama is 'Unaware of Tea Parties'

    04/16/2009 10:57:18 AM PDT · by george76 · 106 replies · 4,696+ views
    NewsBusters ^ | April 15, 2009 | Julia A. Seymour
    Maybe he just doesn't know that there are people who disagree with his massive tax and spend agenda. That would explain a lot. Perhaps the network media's near silence on the "tea party" phenomenon has kept President Obama from realizing that hundreds of tax day protests will happen today? "The White House says the president is unaware of the tea parties and will hold his own event today," ABC's Dan Harris said on "Good Morning America" on April 15. Harris's story was the first ABC News report specifically about the tea parties since Rick Santelli's of CNBC's famous rant calling...
  • CNBC Asks Santelli to React to Tea Parties: 'I'm Pretty Proud of This'

    04/16/2009 7:17:09 AM PDT · by RobinMasters · 14 replies · 1,767+ views
    Business Media ^ | April 16, 2009 | Jeff Poor
    While Fox News has celebrated the Taxpayer Tea Party rallies and MSNBC has denigrated them, the impetus of the movement – CNBC and specifically Rick Santelli, its inspiration – had been conspicuously quiet about it. But on CNBC’s “Squawk Box” April 15, co-host Joe Kernen asked Santelli what he thought of being a “cultural phenomenon.” That was the same show Santelli famously called out President Barack Obama for the unfairness of his housing bailout proposal on Feb. 19. “A lot of articles about these tea parties,” Kernen said. “They all have your name in them, like you caused it. Are...
  • CNBC Allows Santelli to React to Tea Parties: 'I'm Pretty Proud of This'

    04/15/2009 6:51:15 AM PDT · by Rufus2007 · 21 replies · 2,511+ views
    NewsBusters ^ | April 15, 2009 | Jeff Poor
    While Fox News has celebrated the Taxpayer Tea Party rallies and MSNBC has denigrated them, the impetus of the movement - CNBC and specifically Rick Santelli, its inspiration - had been conspicuously quiet about it. But on CNBC's "Squawk Box" April 15, co-host Joe Kernen asked Santelli what he thought of being a "cultural phenomenon." That was the same show Santelli famously called out President Barack Obama for the unfairness of his housing bailout proposal on Feb. 19. "A lot of articles about these tea parties," Kernen said. "They all have your name in them, like you caused it. Are...
  • Santelli takes on Liberal Economist Reich on $1.1 Trillion for IMF

    04/03/2009 3:34:01 PM PDT · by Rufus2007 · 16 replies · 1,034+ views
    NewsBusters ^ | April 3, 2009 | Jeff Poor
    For the second time in a week, CNBC's Rick Santelli faced down one of the standard-bearers of liberalism. First, he explained to Huffington Post editor and founder Arianna Huffington on the March 31 "Squawk Box" that markets are more efficient in correcting economic hardship, in the banking and housing sectors. On CNBC's April 3 "The Call," Santelli took on University of California at Berkeley economics professor and former Secretary of Labor for President Bill Clinton, Robert Reich. According to Reich, the agreement brokered between President Barack Obama and other G20 leaders - to give the International Monetary Fund (IMF) $1.1...
  • Santelli vs. Huffington -- CNBC Reporter Takes on Liberal Blog Editor on Economy

    03/31/2009 11:03:46 AM PDT · by Rufus2007 · 24 replies · 2,625+ views
    NewsBusters ^ | March 31, 2009 | Jeff Poor
    Both have loyal following, but their fans are on opposite sides of the political spectrum. CNBC's Rick Santelli rose to prominence earlier this year when he railed against President Barack Obama's policies on live TV from the floor of the Chicago Mercantile Exchange. He's a hit with conservatives staging tea parties to protest the bailout culture in Washington throughout the country. Arianna Huffington, who appeared as a guest host on CNBC's March 31 "Squawk Box" has following of left-wing readers and bloggers, as the editor of the very popular Huffington Post blog. The two faced off on "Squawk Box" about...
  • Manic Markets & the Governent's Plan (Santelli's Brain Crushes Huffington,CNBC, On Camera Alert)

    03/31/2009 8:39:14 AM PDT · by longtermmemmory · 28 replies · 2,822+ views Santelli this morning on CNBC takes on Ariana Huffinton. The intelectual vacuum of Ariana was on full display as she was totally exposed as a mental midget before the common sense real world observations and questions of Santelli. It was not a rebel yell, it was a surgical crushing. Santelli was asking the right questions and hitting the right points and Ariana was clueless in trying to push the usual left wing empty memes. Huffinton was 100% mentally unarmed. I have seen this with all her appearances. She is never prepared to hold her own in a contest of...
  • "American Tea Party" song by Lloyd Marcus

    03/19/2009 11:54:22 AM PDT · by patriotgal1787 · 3 replies · 659+ views
    Andrea Shea King Show ^ | March 19, 2009 | Andrea Shea King
    *** Welcome TCOT Readers! *** UPDATE: We added a video version of the song. I've posted it below. We're gonna have a Tea Party across this land!Last Monday night we debuted a song written and recorded by our friend Central Florida entertainer Lloyd Marcus, who will perform it at this Saturday's Tea Party rally in Orlando, FL.Titled "American Tea Party", the tune is catchy and inspiring, nicely capturing the spirit of Americans joining together for Tea Party protests across America. We're working to embed the song in this post. I'm an idiot -- I admit it. I don't know...
  • Mika Sticks Up For Santelli!

    03/17/2009 5:22:53 PM PDT · by governsleastgovernsbest · 9 replies · 896+ views
    FinkelBlog ^ | Mark Finkelstein
    When’s the last time you heard an MSNBC host: 1. stick up for Rick Santelli, and for good measure, 2. suggest to the face of two sitting senators–a Republican and a Dem–that they might be engaging in “political opportunism”? It happened this afternoon. Now, how much more surprised would you be to learn that the host in question was none other than Mika Brzezinski? OK, not that surprised given the plot-spoiling headline. But imagine I hadn’t warned you? Mika guest-hosted for Chris Matthews on Hardball today. She began by playing a clip of the inimitable Rick Santelli’s take on the...
  • Santelli: AIG Bonuses Only a 'Political' Outrage of Millions, Focus on Billions and Trillions

    03/17/2009 11:27:20 AM PDT · by Rufus2007 · 36 replies · 2,419+ views
    NewsBusters ^ | March 17, 2009 | Jeff Poor
    Since his now-famous Chicago Tea Party outburst from the floor of the Chicago Mercantile Exchange in February, CNBC's Rick Santelli had seemingly disappeared from the spotlight. However, on CNBC's March 17 "Squawk Box," Santelli, using similar theatrics, noted that the Obama administration as been very concerned about $165 million in bonuses paid out to American International Group (AIG) executives, even though they were recipients of bailout money from the Troubled Asset Relief Program (TARP). "Well, I mean it seems as though the administration really hit this one head on. They're not happy about it, right?" Santelli said. ..more (w/video)..
  • Early Show’s Mini-Santelli Moment

    03/06/2009 5:29:48 AM PST · by governsleastgovernsbest · 4 replies · 1,258+ views
    FinkelBlog ^ | Mark Finkelstein
    It didn’t have all the drama of a Rick Santelli on the floor of an exchange, revving traders up with a call for a tea party. But in his own way, CBS’s Ray Martin struck a forceful blow against the mortgage bailout plan this morning. And like his CNBC counterpart, Martin called out the president by name. Today’s Early Show ran a feature in which average citizens submitted questions to two experts, including Martin, a CBS financial consultant. Using taped questions, the network of course exercises total control over what issues will air. It was telling, then, that the Early...
  • White House Still Sniping At Santelli

    03/04/2009 9:52:05 AM PST · by governsleastgovernsbest · 48 replies · 2,506+ views
    FinkelBlog ^ | Mark Finkelstein
    Looks like Rick Santelli got under Pres. Obama’s skin even more than we realized. More than a week after the CNBC correspondent criticized the mortgage bailout plan, there was the president’s press secretary today, still taking snide shots at him. Obama spokesman Robert Gibbs’ contemptuous comment came in response to a question from Chip Reid of CBS suggesting that the administration had retooled the plan in light of the “backlash that a lot of people had, not just on cable, but a lot of people had, fearing that people who behaved badly will be rewarded.” Before Reid could finish his...
  • Anatomy of a Left-Wing Smear: The Great Tea Party Conspiracy Busted

    03/04/2009 7:08:13 AM PST · by Mobile Vulgus · 12 replies · 392+ views
    Publius' Forum ^ | 3/04/09 | Warner Todd Huston
    Playboy Magazine got its undies in a bundle over the nation wide Tea Party protests held last Friday that were inspired by CNBC's Rick Santelli's free market rant of February 19. As Noel Sheppard noted on March 1, the skin mag published a piece claiming that Santelli was part of a vast right-wing conspiracy to protest Obama's socialist policies. It turns out, however, that the story has been proven false and in response Playboy has mysteriously removed the piece that first raised the question of the grand conspiracy. Happily, the facts have won over on Playboy forcing it to pull...
  • Rick Santelli: I Want to Set the Record Straight

    03/03/2009 9:40:07 PM PST · by Lorianne · 69 replies · 3,177+ views
    CNBC ^ | 02 Mar 2009 | Rick Santelli
    First of all let me be clear that I have NO affiliation or association with any of the websites or related tea party movements that have popped up as a result of my comments on February 19th, or to the best of my knowledge any of the people who organized the websites or movements. By the way of background, I am not and never have been a stockbroker. Not that there is anything wrong with being a stockbroker. The home I have lived in for 20 years is a 2,500-square foot ranch. Not that there is anything wrong with owning...
  • Obama strikes back at budget critics

    02/28/2009 1:04:10 PM PST · by topfile · 178 replies · 6,188+ views
    The Washington Times ^ | Saturday, February 28, 2009 | Jon Ward
    President Obama on Saturday struck back aggressively at critics of his $3.6 trillion budget proposal, casting himself as a populist crusader whose "sweeping change" has angered Washington's entrenched special interests, and promised to fight them. "I realize that passing this budget won't be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington," Mr. Obama said in his weekly video and radio address. Mr. Obama's language was combative and confrontational, as he promised to fight for "American families." "I know these steps won't sit well with the special interests and lobbyists...