Rick Santelli Shows "We're Not Trying Hard Enough!" 14dec11 CNBC
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Uploaded by dwrepub on Dec 14, 2011
"Making trillions make sense," CNBC's Rick Santelli (brilliant and articulate) simplifies the USA national debt problem using an average American family analogy.
By lopping off the last 8 zeros of the figures from national revenue and debt figures, Santelli shows a simplified income statement for an average American family:
Annual Income: $23,100
Money Spent: 36,140
New Credit Card Debt: 13,030
Outstanding Credit Card Debt: $151,140
Total Budget Cuts: 385
"This sure makes it so we can wrap our arms around it, but it really doesn't deserve a hug." ~ Rick Santelli
December 14, 2011
- 13 likes, 0 dislikes
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@maddog41 And Gingrich or Romney will be better? The top runners so far! Different versions of more of the same!
tronic242 4 weeks ago
"You would call that household BANKRUPT huh Rick"...Yeah, bankrupt about 3 times over! But who cares as long as Grandma gets her Ponzi scheme retirement check, your daughter gets her 500 dollars worth of 'happy pills' because she can fake a bi-polar disorder, and so the 'Christians' who never read a page of the bible in their adult life can watch them brown folks get bombed over in Crapghanerstan! Hurrr Hurrrr
mookixox 2 months ago
This is really amazing stuff! Rick boils it down in a way everyone can easily understand. We simply CAN'T continue with this administration. We're dooming our way of life if we do.
maddog41 2 months ago