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Rick Santelli pissed off about the bailout

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Telling it like it is on the Wall Street bailout, Rick Santelli walks away at the end of the discussion after saying that there is a lack of confidence in the markets because the rules keep on changing, and there is no point to build a Sears Tower on a termite mound. Originally aired Sept. 26, 2008 on CNBC Squawk Box

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: mozilla4

Length: 08:21
Rating: 5.00
Views: 6681

Tags: bailout  Box  CNBC  Fed  Rick  Santelli  Squwak  Street  Wall  

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Video Comments

rajeshlrao (November 30, 1999 at 12:00 am)
Cancel Kudlow and Cramer, and give Rick a 2 hour segment of his own. Rick Santelli for the treasury post.
Paetaor (November 30, 1999 at 12:00 am)
There roughly is 1/2 a Quadrillion dollars in crap held by these banks due to the scumbags like Paulson lobbying congress to relax standards for banking.If someone gave the US $10 trillion and didn't wan't it back the problem wouldn't be fixed.Rick rocks. Most of the rest of the talking heads are ostriches.
holybullforever (November 30, 1999 at 12:00 am)
Rick Santelli should run both the FED *AND* the TREASURY.
dhimaan997 (November 30, 1999 at 12:00 am)
I love Santelli, he integrates more information into a single segment than all of the reporters on CNBC combined,I have been watching CNBC for a long time and I agree that Jack is a tool good to see somebody step up and give it to Jack the hard way!
Nashster001 (November 30, 1999 at 12:00 am)
sounds just like 'WMD' all over again...you cannot trust the Bush Admin..when will we learn!!!!!
schausm (November 30, 1999 at 12:00 am)
Rick Santelli is a dude. In the eye of the storm he has perspective on how the whole system works. History is full of decisions pushed through when we're told that it's urgent, and then those decisions become the norm. That's how the fed was created in the first place.
magichandpuppet (November 30, 1999 at 12:00 am)
well... thank goodness the bailout bill worked... What? It didn't work? You mean it is insuring that we are headed for a new Dark Ages which is going to make the Great Depression look like a mild cold? Well, batten down the hatches boys. It's going to be a rough ride. All who voted for the bailout should be tried for treason!
orr3 (November 30, 1999 at 12:00 am)
The banks make more money when drugs are illegal. Who do you think launders the money?
falcon2154 (November 30, 1999 at 12:00 am)
How is liesman smart? That jackass was in favor of TARP which blew up with failure.
m00n69 (November 30, 1999 at 12:00 am)
Yeah, Steve, you tell 'em they're full of shit! How can you save a financial sector when it's GONE?!? How can you stop a crash when it's over?!? Better stock up on soup!

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