Rick Santelli is my new Hero!!!

[Join The Paul Side]

This link shows a quick snap of CNBC's Rick Santelli schooling the show's Talking Head host about the value of the dollar.

Talking Head: "Yeah, but the Texas Coingressman is advocating going back to the gold standard........"

Santelli responds : "But you know, call it what it is, it's impossible to think that one could worry about pricing issues and not pay attention to the dollar. It's silly and he (Ron Paul) pointed that out."

Awesome! Sick 'em Rick! This guy is my new Hero. :D

http://www.youtube.com/watch?v=vAlACZtfnb8

[MsDoodahs]

Yeah, he's one of the few on CNBC that I like.

:)

[nullvalu]

Yeah that guy is awesome. I wish the traders in Chicago could organize a "walk out" of sorts.. to protest the Fed. :D

[Cowlesy]

You should have seen him going ballistic this morning at about 8AM EST. It was awesome.

The pundit kept telling him "The Fed need to ignore inflation right now" and Rick blasted him saying cutting rates is just bailing out people who made foolish bets either by levering up their corporations or by purchasing wacky investment products they didn't understand. He coupled that argument with the fact that as the Fed debases the currency, it passes on the difficulties to the Middle Class who have to bear the brunt of higher fuel and food prices while investment managers get a bail-out.

The argument was a lot better made than what I typed, but that was the jist.

[Join The Paul Side]

You should have seen him going ballistic this morning at about 8AM EST. It was awesome.

The pundit kept telling him "The Fed need to ignore inflation right now" and Rick blasted him saying cutting rates is just bailing out people who made foolish bets either by levering up their corporations or by purchasing wacky investment products they didn't understand. He coupled that argument with the fact that as the Fed debases the currency, it passes on the difficulties to the Middle Class who have to bear the brunt of higher fuel and food prices while investment managers get a bail-out.

The argument was a lot better made than what I typed, but that was the jist.


Wow. I hope somebody Tubes this. :D

[mello]

Yeah that guy is awesome. I wish the traders in Chicago could organize a "walk out" of sorts.. to protest the Fed. :D

That would definitely make national news if all the traders in Chicago showed up outside of work chanting "Ron Paul is Right!!! Listen to Ron Paul!!!"

[mczerone]

You should have seen him going ballistic this morning at about 8AM EST. It was awesome.

The pundit kept telling him "The Fed need to ignore inflation right now" and Rick blasted him saying cutting rates is just bailing out people who made foolish bets either by levering up their corporations or by purchasing wacky investment products they didn't understand. He coupled that argument with the fact that as the Fed debases the currency, it passes on the difficulties to the Middle Class who have to bear the brunt of higher fuel and food prices while investment managers get a bail-out.

The argument was a lot better made than what I typed, but that was the jist.

And the sub-prime issue is only an issue because the Banks would be expected to take care of properties, and take a loss on their investment.

[wgadget]

That would definitely make national news if all the traders in Chicago showed up outside of work chanting "Ron Paul is Right!!! Listen to Ron Paul!!!"

Let's organize this...What do yall say?

[MsDoodahs]

Bump.

:D

[nyrgoal99]

Rick gets it. So few people, especially most of the talking heads on CNBC. Go Rick!!

[scooter]

He's just now on your radar?

Santelli's been talking like this for months now. The other day was the first time I heard him mention Ron Paul, but he complains about the handling of the dollar on a daily basis.

It's awesome watching the other "pump up the economy" guys squirm when he talks.

[michaelwise]

Here's the video of Ron schooling big Ben.
http://www.youtube.com/watch?v=gldETRlhiXk#GU5U2spHI_4