SANTELLI: "STOP SPENDING! STOP SPENDING! STOP SPENDING!" 6-28-2010
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The "benefit" of government spending must come from the detriment of extracting it from the private sector, the detriment of more enslavement of debt and its interest payments, and/or the detriment of destroying the value of money held through inflation PLUS the detriment of the malinvestment of the spending back into the private sector bundled with destruction of incentive and enabling of dependency. Meaning, there is NO net benefit to an economy by "government spending." Period.
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Of all the financial reporters, Santelli possesses the worst cohesive thought stream. He jumps from one fact in Brazil to another in Germany, and a third in the Middle East, and a fourth in China, while being asked about a whale phenomena in Anchorage. Santelli, there is no correlation neither in subject nor in causality. He is like a broken browser jumbling news' sites, or bringing a "stick from every terrestrial valley to build a cottage in lake Laugai"
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Why is it whenever Santelli says "stop spending" they hear "cut taxes"? What do tax cuts have to do with spending cuts?
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If you want to know if the GOP presidential candidates are SERIOUS about cutting government spending, please go to the FoxNews / Google Republican Debate page and under the text questions category of "Govt. Spending & Budget" VOTE UP any questions about ELIMINATING BASELINE BUDGETING!
If you don't know what Baseline Budgeting is, do a YouTube search of it. If you don't like Rush Limbaugh, a few others such as Rand Paul explain what it is and why there will not be any REAL cuts until it ends.
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LOVE SANTELLI !! Steve Lisman complete loser !! He is the biggest frkn waste on cnbc.... typical left winbat looneybird !!!
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I wish there were more people like Steve out there in places that influenced the sheeple.
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Government isn't the solution: government causes the problems...the government is best, which governs least-Thomas Jefferson. Better to take advice from Jefferson, Franklin,Patrick Henry and Ludwig von Mises, Friedrich Hayek, Milton Friedman and Thomas Sowell than the talking heads on the main stream media and the mostly bought and paid for politicians, and the banks and corporations which own them
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RICK KNEW a year ago...liberals suck ass
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Why the he'll don't we have this guy leading us? He basically just said " fuck your politics here's what's you politicians have been ignoring." and just taped it to a baseball bat with a "dare you to ignore it further" approach. I love this guy. He's stated everything the people of America have been trying to say for a very long time now.
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Love that Rick Santelli!
LOL gotta love rick santelli.
dahoeb 1 year ago 29
Rick Santelli speaks the truth...you got to love him.
jwv651 1 year ago 25