Posted on 08/05/2011 9:17:40 AM PDT by Nachum
Want to see a microcosm of everything that’s been wrong with American economic policy over the last couple of years? Watch this exchange between Ezra Klein and Rick Santelli from earlier today on MSNBC’s Morning Joe. Santelli, whose February 2009 on-air rant over fiscal and economic mismanagement inspired the start of the Tea Party, gets exasperated with Klein after the Washington Post columnist talks about money moving around “unfairly”:
The entire problem with this economy is the notion that some people have of “unfairness” in markets. In fact, that’s how we got here in the first place. Government intervened to correct what was seen as “unfairness” in the housing market by guaranteeing risky loans, which set off a housing bubble that left the economic system in ruins. We got Obamanomics as the end result of that, which is all about “fairness,” and which has utterly failed to produce growth thanks to the arbitrary and punitive ways it treats investors.
(Excerpt) Read more at hotair.com ...
Another puck-ass trying to fight with the adults.
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” Vladimir Leni
Correction..... Rick Santelli was on CNBC not MSNBC!
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