Rick Santelli
Santelli Condemns Networks for Ignoring Removal of 'Pig Slop' Cap on F
December 29th, 2009 2:52 PM
While much of the national media was focused on a Christmas Eve Senate vote to pass health care reform legislation, the Obama administration's Treasury Department was tending to other business that will have serious implications for the U.S. economy. But did anyone notice? As Zachary Goldfarb reported for The Washington Post on Christmas Day, the Obama Treasury said it would lift the limits on…
CNBC's Santelli: High Tea Party Polling Data Good for U.S. Dollar
December 17th, 2009 5:36 PM
It's often said markets function better when there is gridlock in Washington, D.C. because there's less of a chance for government will interfere in the private sector, creating a sense of security. But in this day and time, that theory applies to the U.S. dollar as well. On CNBC's Dec. 17 "Squawk Box," CNBC Chicago Mercantile Exchange reporter Rick Santelli debated what was causing the recent…
CNBC’s Regan Worries 'Freshman Congressmen from Timbuktu' to Have To
November 20th, 2009 8:51 PM
It's an issue that libertarian Rep. Ron Paul, R-Texas, and Sen. Bernie Sanders (I-Vt.), a self-proclaimed socialist agree on: Congress should have the authority to call for the Federal Reserve to be audited. But it is also something that some in the financial media are reluctant to support, especially judging from the tone of CNBC "The Call" co-host Trish Regan and comments CNBC senior economics…
CNBC's Santelli Rebuts Lou Dobbs' Populism in Kudlow Appearance
November 20th, 2009 10:43 AM
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…
Vintage Santelli: PelosiCare Threat to Recovery; Dow Climb Due to Mark
November 6th, 2009 10:26 PM
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…
Kudlow, Santelli: Dollar Devaluation Creating 'Façade' Bush/Obama Int
October 31st, 2009 6:01 PM
Now that the Obama administration is attempting to take a victory lap on the U.S. economic recovery, claiming the $787-billion stimulus passed earlier this year was what did the trick, despite a cost of $160,000 per 'stimulus' job, as ABC's Jake Tapper pointed out, it has come at the cost of the U.S. dollar. Since then, the stock market has rebounded nicely. The Dow Jones Industrial Average (…
CNBC's Santelli Rips Media for Ignoring 9/12 DC March
September 14th, 2009 3:13 PM
Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Rick Santelli, who has been a target of the Obama White House and is credited with being the inspiration for the 2009 tea party movement, spoke out about how the media ignored the march. But, a year after the fall of Lehman Brothers, he was making the larger point that the…
Still Bitter: White House Goes After Santelli Again, but Santelli Fire
September 4th, 2009 4:52 PM
It's been nearly seven months since CNBC reporter Rick Santelli took a stand against the Obama administration, which inspired the tea party movement - and the White House hasn't forgotten. White House Press Secretary Robert Gibbs was asked by CNBC Washington correspondent John Harwood why the administration decided to go after Santelli after his Feb. 19 call for a metaphorical revolt over…
The Real Reason for CNBC Ratings Decline: 'Experts' Ignore Left-Ward T
August 5th, 2009 7:04 PM
When in doubt blame conservatism, even when it comes to the struggles of a media outlet - and ignore the possibility that liberalism might be to blame. Ever since Nielsen came out with the July numbers for CNBC that showed the network had suffered a 28 percent ratings decline over a year ago, some of the financial media intelligentsia have been eager to point to what they perceive are the right-…
Santelli Attacks Biden's Claim Economy Is Worse Than Expected
July 7th, 2009 10:43 AM
Why is CNBC's Rick Santelli one of the few press members willing to point out when the emperor isn't wearing any clothes?As you ponder that important question, consider how Santelli on Tuesday morning recognized how absurd Vice President Joe Biden's Sunday comments were concerning the Obama administration misreading how bad the economy was.After all, as Santelli marvelously asked: "How many…
Santelli Blasts Obama's Warning on Taking 'Reckless Risks' as 'Un-Amer
June 9th, 2009 4:52 PM
Should it be the role of the government to determine what amount of risk is appropriate in the private sector? President Barack Obama could have been interpreted as suggesting that much in comments he made about TARP repayments on June 9. CNBC's Rick Santelli responded to those comments earlier in the day from Obama, "that those who seek reward do not take reckless risks." Santelli said on CNBC'…
Santelli Claims Geithner 'Lying to the American People' on Monetizatio
June 3rd, 2009 2:39 PM
With the federal government issuing massive amounts of debt and the Federal Reserve purchasing it in the name of keeping interest rates down, questions have arisen about impact on the U.S. dollar. On June 2, CNBC's "Power Lunch," aired a clip of the network's chief economics reporter, Steve Liesman interviewing Secretary of the Treasury Timothy Geithner. Geithner claimed the Federal Reserve…
Santelli Takes on Another Lefty Blaming the Right for Economic Hardshi
May 7th, 2009 7:46 PM
For whatever reason, CNBC keeps lining up challengers to take on its Chicago Mercantile Exchange floor reporter Rick Santelli over his self-reliance, pro-taxpayer persona - whether it's Steve Liesman, Arianna Huffington or this time, Keith Boykin - editor of The Daily Voice, a CNBC contributor and a BET TV host. ON CNBC's May 7 "The Call," Santelli took on Boykin in the program's "The Call of…
Santelli Excoriates Liesman for Acting Like Nixon, Saying 'Dumb Things
May 5th, 2009 3:36 PM
CNBC's Steve Liesman has always gone after tea party inspiration and network floor reporter Rick Santelli for his views, but this time it was Santelli playing offense. The CNBC "Power Lunch" crew was discussing Bank of America (NYSE:BAC) CEO Ken Lewis and disclosure of details surrounding his bank's acquisition of Merrill Lynch May 5. Santelli accused Liesman, CNBC's senior economics reporter of…