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Santelli, Friedman duke it out over “Ponzi scheme”
Hot Air ^ | September 8,2011 | ED MORRISSEY

Posted on 09/08/2011 1:26:31 PM PDT by Hojczyk

My friend Jazz Shaw worries that Rick Perry’s 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 can’t counter Santelli’s arguments about the nature of a collective that can’t 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 obvious problem. People appreciate that in leadership, although to be fair, they also want to hear about solutions or at least the framework of a solution. Perry provided that in his answer to the Ponzi-scheme question last night, specifically saying that seniors and those close to retirement would not be affected by Social Security reform, and that younger workers would not have their funds directed to a system that won’t survive for their own retirement. That’s not exactly a novel position for Social Security reform, and it’s about as specific as we saw from Ron Johnson and Marco Rubio when they won Senate races in Wisconsin and Florida in part by talking plainly about the need for entitlement reform, including Social Security.

http://www.youtube.cm/watch?v=RygWFh39CvE&feature=player_embedded

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Government
KEYWORDS: perry; ponzi; ponzischeme; ricksantelli; santelli; scam; socialsecurity; sosh
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1 posted on 09/08/2011 1:26:35 PM PDT by Hojczyk
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To: Hojczyk

http://www.youtube.com/watch?v=RygWFh39CvE&feature=player_embedded


2 posted on 09/08/2011 1:27:02 PM PDT by Hojczyk
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To: Hojczyk

This Hot Air post said it best

“Poor Friedman. Coming unarmed to a battle of the wits.

UltimateBob on September 8, 2011 at 3:27 PM”

Thanks UlitmateBob!


3 posted on 09/08/2011 1:32:25 PM PDT by vg0va3 (I don't plan to quit the fight until it is finally over. Although, I am getting tired...)
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To: Hojczyk
RICK SANTELLI


that assclown Friedman.

4 posted on 09/08/2011 1:34:59 PM PDT by Recovering_Democrat
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To: Hojczyk
Maybe now people will start listening to Paul Ryan.

they also want to hear about solutions or at least the framework of a solution.

5 posted on 09/08/2011 1:35:44 PM PDT by DManA
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To: Hojczyk

“Quiet, boy, the Emperor’s new clothes are marvelous!”


6 posted on 09/08/2011 1:36:18 PM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com/)
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To: Hojczyk

LALOL nothin’ beats a good Santelli...


7 posted on 09/08/2011 1:39:13 PM PDT by PieterCasparzen (We need to fix things ourselves)
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To: DManA

Ron Paul is a Jew hating wacko who blames the USA fir 9-11 and is supported by far lecture like code Pink . He is the earmark King of Congress !
You are clueless zombies !


8 posted on 09/08/2011 1:40:29 PM PDT by ncalburt (NO MORE WIMPS need to apply to fight the Soros Funded Puppet !)
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To: PieterCasparzen

I see him, quite literally, as the father of the TEA party movement. It is absolutely qualifiable.


9 posted on 09/08/2011 1:41:37 PM PDT by cuban leaf
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To: ncalburt

I think you may have posted too quickly. ;->

Ron Paul is not Paul Ryan. Just sayin’.


10 posted on 09/08/2011 1:43:04 PM PDT by cuban leaf
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To: ncalburt

Paul Ryan is not the same guy as Ron Paul.


11 posted on 09/08/2011 1:43:04 PM PDT by DManA
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To: Hojczyk

Rick Santelli is the best.


12 posted on 09/08/2011 1:45:23 PM PDT by Katarina (God bless ElRushbo! Prayers for our troops! I stand with Israel.)
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To: cuban leaf

You, you, you are probably one of the zombies that thought Paul Lynde was the funniest one on Hollywood Squares!!!


13 posted on 09/08/2011 1:46:41 PM PDT by DManA
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To: Hojczyk

Does anyone know what congressional district Rick lives in? Assuming there’s a Dem in the seat now..someone should ask him to run..TPers nationwide would contribute $$..and he’d haved plenty of volunteers..


14 posted on 09/08/2011 1:47:22 PM PDT by ken5050 (Save the EARTH...it's the ONLY planet with CHOCOLATE!!!)
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To: Hojczyk

Wow...speak about body language and facial expressions giving you away...Friedman got his butt kicked just like it was after school in the yard. HA!


15 posted on 09/08/2011 1:48:30 PM PDT by Pharmboy (What always made the state a hell has been that man tried to make it heaven-Hoelderlin)
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To: ncalburt

I guess I don’t understand what that has to do with Paul Ryan.


16 posted on 09/08/2011 1:54:27 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: Pharmboy

I sometimes confuse Friedman with that other bearded , ferret-looking guy.

Friedman is a demigod to tenured marxists here in MN. (he’s from MPLS, IIRC)


17 posted on 09/08/2011 1:56:24 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: DManA

Actually, yes. Yes I did. Just remembering that guy got me to laugh. Thanks!

8-D


18 posted on 09/08/2011 1:57:03 PM PDT by cuban leaf
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To: Hojczyk

It’s pretty clear who the idiot is.


19 posted on 09/08/2011 1:58:21 PM PDT by Skepolitic
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To: WOBBLY BOB

Paul Krugman


Tom Friedman

I can understand your occasional confusion...hope this clears it up.

20 posted on 09/08/2011 2:04:33 PM PDT by Pharmboy (What always made the state a hell has been that man tried to make it heaven-Hoelderlin)
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