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Keyword: santelli

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  • Santelli on Romney: Irony is the only word I can think of.

    03/03/2016 2:41:03 PM PST · by KC Burke · 30 replies
    CNBC ^ | March 3, 2016 | Rick Santelli
    Rick Santelli treading lighly due to his network still gives Romney a new one. Go:

    10/31/2015 11:04:24 AM PDT · by Servant of the Cross · 78 replies
    Breitbart ^ | 10/30/2015 | C. Edmund Wright
    Prior to February 19, 2009, CNBC was an obscure niche network watched mainly inside Merrill Lynch offices ... At the same point, in February 2009, the term tea party was only a vague memory out of middle school history - with no particular relevance to politics today - with the exception of a few mentions by Ron Paul that never resonated widely. Meanwhile, crony capitalism (or crony socialism or cronyism if you prefer) was a problem, but it ... was kind of practiced in the dark and certainly not celebrated openly. That all started to change shortly after 9 am...
  • Santelli Slams "Don't Ignore The Long-End... Recessionary Pressures Are Building"

    04/10/2014 7:36:05 PM PDT · by Nachum · 2 replies
    Zero Hedge ^ | 4/10/14 | tyler durden
    With 30 year bond yields set to close their lowest in 10 months, CNBC's Rick Santelli is concerned at the signals that the Treasury yield curve is sending.If yesterday's minutes from the Fed were supposed to walk back their 'hawkish' tone, then Santelli slams they are "gonna need a really big billboard" because the term structure is still flattening. "When 'flattening' is the theme, that is not painting a rosy outlook for the long-term economy," and as Santelli warns, this is when the Fed is pulling out of its extraordinary policies. Santelli screams, "the entire monetary policy side has to...
  • Rick Santelli: Tea Party Are Those Who 'Carry the Water'

    02/24/2014 6:33:58 PM PST · by 2ndDivisionVet · 56 replies
    Breitbart's Big Journalism ^ | February 23, 2014 | Tony Lee
    Five years after his "rant heard around the world" spawned what is now known as the Tea Party movement, CNBC's Rick Santelli appeared on Breitbart News Sunday on Sirius XM Patriot channel 125 and said the energy from 2009 has created a powerful political movement that has already achieved many tangible results while changing the political landscape. Speaking to host and Breitbart News Executive Chairman Stephen K. Bannon, Santelli said the Tea Party movement is a big-tent movement that attracts Americans from all walks of life. He said what is appealing about the movement to him is its emphasis on...
  • Santelli Rants Against The Intellectual Arrogance Of The "Intellectuals"

    09/13/2013 4:44:22 PM PDT · by Nachum · 4 replies
    Zero Hedge ^ | 9/13/13 | Tyler Durden
    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,...
  • Libertarians and the Tea Party

    03/13/2013 5:30:16 AM PDT · by Servant of the Cross · 71 replies
    American Thinker ^ | 3/13/2013 | Ann Kane & M. Catherine Evans
    As we pondered this question, we also wanted to know when and where the two groups intersected. We started with an informal survey. We asked several people the following question: when do you think the Tea Party movement began? They answered: when Rick Santelli ranted on the floor of the Merc in Chicago in February, 2009. But our research into the history of the Tea Party took us back to 2004, to its first inklings as an organized force for rousing ordinary citizens to fight back against big government. In that year, Libertarian David Koch founded Americans for Prosperity, a...
  • US GDP Falls By 0.1% In Q4 2012, $312 Billion Debt added, GDP FALLS By $5 Billion

    01/30/2013 1:43:28 PM PST · by whitedog57 · 6 replies
    Confounded Interest ^ | 01/30/2013 | Anthony B. Sanders
    I have been observing over the past months that various indices have been nosing down. Now we have confirmation from the BEA that GDP fell by -0.1% in Q4 of 2012. Here is CNBC’s Rick Santelli’s take on the numbers. This is a big swing and a miss to expectations of +1.1% and a BIG drop from Q3′s print of +3.1%. At least Personal Consumption Expenditures (PCE) added 1.52% before the Fiscal Cliff surrender. Notes that PCE has been consistently lower after 2007 than before. This isn’t your father’s Oldsmobile … or recovery. On the other hand, defense spending fell...
  • Rick Santelli Responds to Negative GDP Report: We Are Now Europe

    01/30/2013 8:50:03 AM PST · by Nachum · 12 replies
    Newsbusters ^ | 1//30/13 | Noel Sheppard
    Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year. "We are now Europe," he declared on CNBCs Squawk Box. "Hey Joe," Santelli said, "when you act like Europe, you get growth rates like Europe, and our discussions with economists sounds like were in Europe. They have the same discussions constantly." "Theyre always doing the right thing," he continued. "Theyre always thinking they know better. And this is the kind of growth. We have become Europe. We are now Europe."
  • Obama Says "Nevermind" on Deficits

    01/27/2013 3:12:48 AM PST · by Kaslin · 4 replies ^ | January 27, 2013 | John Ransom
    ou might remember that in July of 2011, when fighting over the debt ceiling, president Obama- right before he left for his 17thvacation at Marthas Vineyard that year- complained about congressional inaction by saying thats it time for the country to eat its peas. FromCBSNews:"I've been hearing from my Republican friends for some time it is a moral imperative to tackle our debt and deficits in a serious way," Mr. Obama said. "What I've said to them is, let's go."The president said today he would not accept a smaller, short-term deal. "We might as well do it now," he said....
  • CNBC's Rick Santelli's Economics Lesson: "ALL KIDS LEFT BEHIND"

    01/07/2013 8:22:54 AM PST · by Graewoulf · 25 replies
    CNBC TV "Santelli Exchange" | January 7, 2013 | Graewoulf
    At 9:45 AM CST today Rick Santelli white-boarded the total debt that our children are currently charged with. The amount is $ 3.5 MILLION per baby born today! Rick named this economics lesson "All Kids Left Behind," and encouraged all to use this term often.
  • Santelli: 'They Love to Fib About Statistics' (Our Government)--Vudeo

    12/07/2012 11:39:36 AM PST · by Ernest_at_the_Beach · 5 replies
    CNBC ^ | Fri 07 Dec 12 | 08:30 AM ET
    Rick Santelli sees no signs of strength in the November jobs numbers and rejects arguments the economy wouldn't be hurt by higher tax rates.
  • Housing, Employment, GDP and CNBC with Rick Santelli

    11/29/2012 12:06:05 PM PST · by whitedog57 · 1 replies
    Confounded Interest ^ | 11/29/2012 | Anthony B. Sanders
    I was interviewed this morning by CNBCs Rick Santelli on the FHA. Here is my interview. So little time, so much to discuss. So, if real Personal Consumption Expenditures only rose 1.4%, what drove the 2.7% increase in real GDP? Residential construction and Federal government spending. Real federal government consumption expenditures and gross investment increased 9.5 percent in the third quarter, in contrast to a decrease of 0.2 percent in the second. National defense increased 12.9 percent, in contrast to a decrease of 0.2 percent. But real residential fixed investment increased 14.2 percent, compared with an increase of 8.5 percent....
  • Zero Jobs Created!: CNBCs Rick Santelli Takes on the Obama Campaigns Job Creation Claim

    10/18/2012 11:17:17 AM PDT · by Nachum · 5 replies
    The Blaze ^ | 10/18/12 | Becket Adams
    Following todays report on the increase in applications for U.S. unemployment benefits, CNBCs Rick Santelli decided to take on the Obama campaign and its claim that the president has created five million jobs. You can slice it any way you want! Santelli shouted in his inimitable style. The president was sworn in in mid-January of 09. If I go back and look at nonfarm and I have all the data! actual nonfarm payrolls, the establishment survey, the headcount survey, and I take the 818 minus thousand from January, he added, referring to the monthly job loss numbers the...
  • Santelli on GDP Numbers: 'Depressingly Weak'

    09/27/2012 9:35:02 AM PDT · by Free ThinkerNY · 4 replies ^ | Sept. 27, 2012 | DANIEL HALPER
    This morning, Rick Santelli said the revised GDP numbers are "depressingly weak": CNBC reports on the numbers: New durable goods orders in August fell by the most since the recession and a separate reading on the broader U.S. economy came in much weaker than expected. But weekly jobless claims sank to a two-month low, in a hopeful sign for the labor market. New orders for long-lasting U.S. manufactured goods in August fell by the most in 3 1/2 years, pointing to a sharp slowdown in factory activity even as a gauge of planned business spending rebounded. The Commerce Department said...
  • Santelli's Rant on More Quantitative Easing (calls it counterfeiting)

    08/27/2012 9:42:31 AM PDT · by Lorianne · 2 replies
    CNBC ^ | 27 August 2012 | Rick Santelli
    Video Transcript: other reasons, too, which we'll talk about later. cme group, rick santelli. looking at some long-term effects of qe. indeed, there is another name for qe. and we'll get to that momentarily. one of the great things about the human race is they can assimilate and accommodate. we talked about the swiss psychologist in the 1930s, the 1960s, really doing a lot of work here. what it simply means is that we're very adaptable as humans. i think quantitative easing fits into that. it's something that really doesn't seem like it's the answer for problems, printing more money,...
  • Lawyer Tells Rick Santelli: Criminal Charges Against Jon Corzine (Video)

    08/24/2012 2:58:54 PM PDT · by Hojczyk · 24 replies
    Gateway Pundit ^ | August 24,2012 | Jim Hoft
    Stock Market Watch reported: Best quotes from Koutoulas: Crimes were unequivocally committed and I will do whatever I can to continue to do the governments job for it and help see justice done. MF Global had a choice. Do we cheat or go out of business. And they cheated. They broke the law. And these took these customer funds to cover margin calls. Attorney General Eric Holders Department of Justice is the biggest enabler of financial crime in U.S. history. And the kill shot: I will take this to all 50 states. And we will win. We will get a...
  • 'Where Is the Press With the Outrage?' This Major Financial Scandal Has Santelli Up in Arms

    07/17/2012 10:09:14 AM PDT · by Nachum · 10 replies
    The Blaze ^ | 7/17/12 | Becket Adams
    Rick Santelli on Monday tore into the mainstream media for ignoring the London Inter-Bank Offer Rate (LIBOR) scandal and chided them for wasting time on petty and useless headlines. Wait, whats the LIBOR scandal? LIBOR is the average interest rate the worlds largest banks pay when they borrow money. And this figure is used to price hundreds of trillions of dollars worth of financial instruments, from high-yield corporate debt to student loans, Christopher Matthews writes for TIME Business. Simply put, LIBOR isnt just some financial services sector thing it affects the everyday interest rates associated with loans,...
  • Santelli: "I Don't Trust the Unemployment Rate" (December 2, 2011)

    12/02/2011 6:42:33 AM PST · by truthkeeper · 31 replies ^ | December 2, 2011 | none (video)
    The link will provide a brief video of Santelli's take on today's numbers when they broke this morning. In short, he's not buying them.
  • Rick Santelli Interview (Audio Only)

    10/21/2011 10:32:54 PM PDT · by Razzz42
    King World News - Broadcast ^ | 10.21.2011 | Rick Santelli interviewed @ King World News
    (Background) Rick Santelli: CNBCs Business News On-Air Editor - Rick Santelli stepped away from the floor of the Chicago Board of Trade to give King World News listeners globally an uninterrupted and in-depth interview. Rick joined CNBC Business News as On-Air Editor in June 1999, reporting live from the floor of the Chicago Board of Trade. His focus is primarily on interest rates, foreign exchange, and the Federal Reserve. He began his career in 1979 as a trader and order filler at the Chicago Mercantile Exchange in markets that included gold, lumber, CD's, T-bills, foreign currencies, and livestock. During the...
  • Santelli, Friedman duke it out over Ponzi scheme

    09/08/2011 1:26:31 PM PDT · by Hojczyk · 35 replies
    Hot Air ^ | September 8,2011 | ED MORRISSEY
    My friend Jazz Shaw worries that Rick Perrys argument that Social Security in its present form is a Ponzi scheme leaves him vulnerable in a general election. Rick Santelli gave it a workout on CNBC today against the New York Times Thomas Friedman, who ends up sputtering into ad hominems when he cant counter Santellis arguments about the nature of a collective that cant pay out on its promises and Santelli responds in kind. The Daily Caller provides the transcript and Greg Hengler provides the clip: This gets to the larger point about using blunt language to describe an...