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Keyword: ricksantelli

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  • WATCH: CNBC's Rick Santelli Slams Biden for Constant Excuses on Inflation

    03/10/2022 11:16:24 AM PST · by JV3MRC · 8 replies
    NewsBusters ^ | 3/10/2022 | Joseph Vazquez
    CNBC’s on-air editor Rick Santelli has had it with the Biden administration’s gaslighting on the skyrocketing inflation plaguing the U.S. economy. The Bureau of Labor Statistics released a report March 10 showing that inflation shot up 7.9 percent on a year-to-year basis in February for the highest level in more than 40 years and slightly beat expectations. The index for gasoline prices, which spiked 6.6 percent, was one of the three “largest contributors to the seasonally adjusted all items increase” and “accounted for almost a third of the all items monthly increase,” the report says. After reciting the devastating inflation...
  • WATCH: CNBC’s Rick Santelli Nukes Fed Following Devastating Inflation Report: It Has ‘Done Nothing!’

    02/14/2022 9:19:20 AM PST · by JV3MRC · 24 replies
    NewsBusters ^ | 2/14/2022 | Joseph Vazquez
    CNBC’s on-air editor Rick Santelli tore apart the Federal Reserve following the devastating report that inflation spiked to 7.5 percent for the highest level in forty years. Santelli ripped the Fed for its lackluster approach to fighting inflation along with Leuthold Group Chief Investment Strategist Jim Paulson's seemingly out-of-touch positive prediction on the U.S inflation outlook during the Feb. 10 edition of Squawk Box. Paulson predicted that inflation will recede from 7.5 percent towards the end of the year down to around three and a half percent and four percent. “I just love what [Paulson is] saying because I don’t...
  • CNBC’s Santelli on Rising Inflation Numbers: ‘Holy Cow!’ — ‘Doesn’t Appear’ to Be Temporary

    11/10/2021 8:51:33 AM PST · by ChicagoConservative27 · 20 replies
    Breitbart ^ | 11/10/2021 | Trent Baker
    CNBC editor Rick Santelli on Wednesday reacted to the October Consumer Price Index, showing consumer prices rose at their fastest rate in decades. Santelli pushed back against the notion that the inflation numbers were “temporary,” saying that “it doesn’t appear that way in the real world.” He warned that the “hot, hot, hot inflationary pressures” would be “very difficult for the fed to wash out of the system.
  • VIDEO: Rick Santelli EXPLODES During CNBC March Jobs Report

    04/06/2019 8:18:31 AM PDT · by PJ-Comix · 33 replies
    YouTube ^ | April 6, 2019 | DUmmie FUnnies
    VIDEO Rick Santelli gets very very emotional during this CNBC jobs report for March.
  • Santelli Calls Out Andrea Mitchell: ‘On Election Night, I Never Saw You So Unhappy’

    01/08/2017 9:04:38 AM PST · by governsleastgovernsbest · 56 replies
    Legal Insurrection ^ | Mark Finkelstein
    Rick Santelli, the CNBC analyst whose glorious rant led to the creation of the Tea Party movement, created another memorable TV moment today. On Meet the Press, reacting to reports that the Russians were happy on Election Night because Trump won, Santelli said to Andre Mitchell: “on Election Night, I never saw you so unhappy. You pick sides. Everybody picks sides.” An indignant Mitchell, protecting her [illusory] reputation for objectivity, shot back: “That’s not true, Rick. That’s just not true.” Sure, Andrea. View the video here.
  • Santelli to Obama: How Can We Redistribute Wealth If There Is No Wealth? (video)

    01/17/2014 5:21:54 AM PST · by i88schwartz · 17 replies
    RealClearPolitics ^ | January 16, 2013 | RealClearPolitics
    RICK SANTELLI: We all know that after Friday's jobs report, we know the economy is doing better. What we can't predict is will it be in a straight line, a nice even glide path? Will it be a 25-degree upward glide path, 30-degree, 45-degree or continue to be somewhat bumpy as some of the strength we observed in 2011, with GDP later to be followed by weakness? I can't answer that but what I can answer is that governments can't keep spending like it's 1999. Now, comments made before his first cabinet meeting for 2014, President Obama said the following,...
  • 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,...
  • Rick Santelli: I don't believe government inflation numbers

    08/14/2013 8:19:15 AM PDT · by Rusty0604 · 19 replies
    CNBC ^ | 08/14/2013 | cnbc
    When discussing the Federal Reserve's plans to taper asset purchases and the central bank's inflation targets, CNBC's Rick Santelli questioned whether the government's approach to inflation is a way to "fudge the numbers." "Listen, I don't believe the government's calculations. There, I said it," Santelli said. "I don't have better numbers, I have common sense." "There's a difference between real life and the government," he added.
  • Obama Says "Nevermind" on Deficits

    01/27/2013 3:12:48 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | 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 17th vacation at Martha’s Vineyard that year- complained about congressional inaction by saying that’s it time for the country “to eat its peas.” From CBSNews:"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....
  • Santelli Rips the Keynesians: “The Answer Is Always More Money” (Video)

    01/15/2013 3:26:13 PM PST · by Hojczyk · 6 replies
    Gateway Pundit ^ | January 15, 2013 | Jim Hoft
    “The answer is always more money… in ten years when we look back, is the weight of all this debt going to take care of all of these impulsive upticks?” http://www.thegatewaypundit.com/2013/01/santelli-rips-the-keynesians-the-answer-is-always-more-money-video/
  • To "The Precious Metal Purchasing Act" From Executive Order 6102 - Santelli's Take

    01/10/2013 3:16:53 PM PST · by Rusty0604 · 34 replies
    Zerohedge ^ | 01/10/2013 | Tyler Durden
    First they want gun registration and now precious metal registration? I’m sure the government would only use such information in our best interests, because as we all know: Your Government Loves You. Sounds reasonable, after all, only 'terrorists' buy guns and gold anyway."
  • Rick Santelli Goes Off!… “The Fed Doesn’t Have a Clue, Either Does the President, or Congress!”

    12/27/2012 3:25:38 PM PST · by Hojczyk · 24 replies
    Gateway Pundit ^ | December 27, 2012 | Jim Hoft
    <p>CNBC’s Rick Santelli was in rare form today. The on-air editor blasted the Fed, President Obama, Timothy Geithner and Congress over the fiscal cliff fiasco.</p> <p>During a discussion on the so-called fiscal cliff on Thursday, Santelli grew louder, eventually shouting into the camera and overpowering CNBC contributor and trader Jim Iuorio, who was attempting to hold back laughter.</p>
  • Santelli: If the Fiscal Abyss Is THAT Important, Why is The President on Christmas Vacation?

    12/24/2012 10:28:57 AM PST · by whitedog57 · 17 replies
    Confounded Interest ^ | 12/24/2012 | Anthony B. Sanders
    One of my favorite commentators on television is CNBC’s Rick Santelli. And today, he made a great point: when the Senate wanted to pass Obamacare, they met on Christmas eve, 2009. Somehow, the fiscal cliff isn’t that important to the Senate or House this time around. We know that President Obama is perfectly happy to let tax rates automatically increase on everyone (or at least those households earning $250,000 has above). And payroll taxes rise 2% regardless of the fiscal cliff or not. Then there are the 10+ Obamacare taxe, mostly hitting the top 2% of earners. But President Obama...
  • 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.
  • VIDEO: Rick Santelli And CNBC Panel Get Into Crazy Shouting Match Over Unemployment Numbers

    10/10/2012 12:07:05 AM PDT · by bronxville · 19 replies
    mediaite.com ^ | October 9th, 2012 | Andrew Kirell
    On this morning’s edition of CNBC’s Squawk Box, reporters Rick Santelli and Steve Liesman got into an epic shouting match over the former’s suggestion that the recent 7.8% unemployment figure may have been an intentional election-year manipulation by the administration. Host Joe Kernen interrupted Liesman’s rant disputing the anti-BLS charges to give Santelli a shot, saying he was “tired of listening to you,” which prompted Liesman to angrily say: “That’s pleasant. That’s good stuff, Joe.” Santelli ranted about the poor state of the economy, despite the decrease in unemployment, and then added that he had predicted months ago that the...
  • Santelli Smells A Rat: 'I Told You They'd Get It Under 8%—They Did!'

    10/05/2012 6:04:36 AM PDT · by governsleastgovernsbest · 40 replies
    NewsBusters ^ | Mark Finkelstein
    Rick Santelli, the man who helped launch the Tea Party with his impassioned comments from the trading floor in 2009, sees the hand of politics at work in today's announcement that the unemployment rate has dipped below 8%. Speaking on CNBC's Squawk Box this morning just minutes after the number was announced, Santelli said: "I told you they'd get it under 8%--they did!" View the video here.
  • Santelli on GDP Numbers: 'Depressingly Weak'

    09/27/2012 9:35:02 AM PDT · by Free ThinkerNY · 4 replies
    weeklystandard.com ^ | 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,...
  • Rick Santelli Blasts Liberal Media’s “Ostrich Economics” (Video)

    05/04/2012 11:37:35 AM PDT · by Hojczyk · 12 replies
    Gateway Pundit ^ | May 4, 2012 | Jim Hoft
    Rick Santelli blasted the liberal media’s reporting on today’s dismal unemployment numbers. The CNBC star ridiculed the “Ostrich Economics” being pushed by the Obama-media. Here’s Santelli on the latest unemployment data. There are some highlights I’d really like to hit. The first one is that about 41.3% of unemployed have been unemployed for 39.1 weeks. That is huge and pretty much says it all. This is the weakest recovery since the Great Depression. A whole 4/5ths of the drop of the unemployment rate is due to a drop in the labor force participation. It is the lowest since 1981. Many...
  • Santelli: Why Doesn't Obama Go After Apple's Profits?

    03/29/2012 5:03:50 PM PDT · by Hojczyk · 11 replies
    CNBC's Rick Santelli: "If I broke my right arm, am I going to pick a fight with the neighbor? No. If I'm two months behind on my mortgage, am I going to go complain to the bank? Probably not. But let's see, with gasoline approaching $5 a gallon, isn't this just a supreme time to pick a war with the energy people that are bringing us what already seems to be in the market's eyes in short supply? Just like picking fights with China when the world's about ready to go into recession. There's a time and a place for...