Rick Santelli

Rick Santelli

Rick Santelli is a commentator for CNBC who gained attention for his rant on Feb. 19, 2009, where he railed against President Barack Obama's mortgage bailout plan.

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Yes. The bailout rewards bad behavior 85%
No. The bailout helps the working class 15%
Was Rick Santelli's rant against the Obama mortgage bailout justified?
108 votes so far
Leader:
Yes. The bailout rewards bad behavior
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Written by Haworth on
Who's fault is it that this recession has happened? Is is the Bush Administration? Is it the Banking system? Hell yes its them. And who out of all Americans is feeling it the hardest? Is it Bush? Is it the Bankers? Hell no! They have got there pay offs and sallied home to there mansions. It is the average American who is being hit the hardest, it is the average American who's home is being foreclosed upon and who has been made redundant. Yet Mr Rick Santelli brands the average American as a 'loser' because they have no longer the means to pay their ... Read Full Story
Written by taino on
Americans are suffering terribly because of the greed, deception and crimes of many on Wall Street. Some of the worst offenders are those traders specializing in placing bets through forwards, futures, options, and swaps. It's a sophisticated form of gambling -- and like traditional gambling -- it creates no economic value. It's why some are calling it Casino Capitalism . Rick Santelli is a former WallStreeter who specialized in Casino Capitalism. He's now a "reporter" for CNBC. George W. Bush pushed through his $700 billion give-away to "rescue" WallStreet fat cats including some of the worst practitioners of Casino Capitalism. Mr. Santelli -- who ... Read Full Story
From:   www.ap.org
CNBC says reporter Rick Santelli is not connected to a Web site that used his name to promote a series of political protests against President Barack Obama. Santelli's name was stripped from headlines on the home page of http://www.reteaparty.com Monday after its operator was made aware of CNBC's dissatisfaction. The site was operating within 24 hours after the reporter's self-described rant on Feb. 19, when he said the president's plan to help people in danger of home foreclosure was "promoting bad behavior." Video of Santelli's appearance at the Chicago Board of Trade has been seen nearly 2 million times on CNBC's Web site, more ... Read Full Story
Written by taino on
Americans are suffering terribly because of the greed, deception and crimes of many on Wall Street. Some of the worst offenders are those traders specializing in placing bets through forwards, futures, options, and swaps. It's a sophisticated form of gambling -- and like traditional gambling -- it creates no economic value. It's why some are calling it Casino Capitalism . Rick Santelli is a former WallStreeter who specialized in Casino Capitalism. He's now a "reporter" for CNBC. George W. Bush pushed through his $700 billion give-away to "rescue" WallStreet fat cats including some of the worst practitioners of Casino Capitalism. Mr. Santelli -- who ... Read Full Story
Written by DrewKerr on
Last night, Rick Santelli and CNBC learned the hard way why not responding to the press, taking the equivalent of the "no comment" route, can backfire int he most obvious situations. On February 19th, the CNBC reporter went on a rant from the Chicago Board of Trade floor, protesting that President Obama's bailing out of people whose homes were going to be foreclosed was "promoting bad behavior." No matter where you stand politically, it was not TV journalism's finest few minutes, as a reporter's personal bias and opinions have no place in forum like that. Either it should be labeled as a commentary or ... Read Full Story
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Linked from: cnbc.com

Skip to about the 7:45 mark to hear Rick Santelli say, "Central banks have to be petrified about gold going to $2,000! Didn't Larry Summers write a paper saying that central banks have to keep a lid on the price of gold for obvious reasons?"It keeps getting more and more interesting with nary a hint of the gold price faltering.  
From blogger.com ()
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(Please visit the site to view this media)CNBC's Rick Santelli has the results of the $32 billion auction of 7-year T-notes. Santelli's grade? An A-....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.  
From mortgagenewsdaily.com ()
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Check out this video.CNBC's Rick Santelli and his colleague, a Chicago pit trader known as "Wolfman," remind us all of Friedman's quote,"Inflation is always and everywhere a monetary phenomenon."Leaving aside Liesman's typically idiotic comments, it's a provocative discussion, is it not?Melissa Francis, Larry Kudlow, Wolfman and Rick Santelli "get it," i.e., they understand that inflation is a monetary phenomenon, not simply this month's CPI...  
From pra-blog.blogspot.com ()
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MSNBC - Found 6 hours agoCongress is passing Rep. Ron Paul's amendment that would allow the GAO to audit Fed monetary policy, with CNBC's Steve Liesman & Rick Santelli. (CNBC) Ron Paul - United States - Politics - Society and Culture - Presidential Ron Paul Fed Provision Passes House Financial Services Committee - US News Video: Grayson takes aim at the Fed - MSNBC Explore All...  
From news.ask.com ()
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A rising Dow Jones Industrial Average (DJIA) means better times are on the way, right? Not necessarily, according to CNBC CME floor reporter and tea party movement inspiration Rick Santelli. Santelli made an appearance on CNBC's Nov. 6 "Fast Money," a show which the host, Melissa Lee, is skittish about a discussion that politics interferes with the market is a reality. Nonetheless, Santelli explained there so happens to be correlation between...  
From freerepublic.com ()
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Now that former CNN host Lou Dobbs has been freed of his duties with his former network, he has been making the rounds on other networks - Fox News "The O'Reilly Factor," Comedy Central's "The Daily Show" and now with his long-time rival's show CNBC's "The Kudlow Report." One of the issues debated among a panel consisting of Dobbs, host Larry Kudlow, former Clinton Secretary of Labor Robert Reich and CNBC CME Group reporter Rick Santelli on...  
From freerepublic.com ()
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A rising Dow Jones Industrial Average (DJIA) means better times are on the way, right? Not necessarily, according to CNBC CME floor reporter and tea party movement inspiration Rick Santelli. Santelli made an appearance on CNBC's Nov. 6 "Fast Money," a show which the host, Melissa Lee, is skittish about a discussion that politics interferes with the market is a reality. Nonetheless, Santelli explained there so happens to be correlation between...  
From newsbusters.org ()
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