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VIDEO: Rick Santelli Responds To Negative GDP Report: "We Are Now Europe"

Submitted by emalvini on Wed, 01/30/2013 - 11:15

Video, TV & Movies

Video:

http://youtu.be/nfAhWP4UFdo

By Noel Sheppard | January 30, 2013 | 09:59

CNBC's Rick Santelli made a startling observation about the news that the economy actually shrunk in the fourth quarter last year.

"We are now Europe."

"Hey Joe," Santelli said, "when you act like Europe, you get growth rates like Europe, and our discussions with economists sounds like we're in Europe. They have the same discussions constantly."

"They’re always doing the right thing," he continued. "They’re always thinking they know better. And this is the kind of growth. We have become Europe. We are now Europe."

Good find my friend

Submitted by legalizeliberty on Wed, 01/30/2013 - 15:26. Permalink

Shared on Twitter.

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STAND WITH RAND 2016

This was predicted at the end of last year.

Submitted by blueman on Wed, 01/30/2013 - 13:06. Permalink

Some economists stated they would hold the truth till after presidents confirmation. Now Our Liars and chiefs say it the hurricanes fault.Bawwwwwwaaaa.

I was laughing so hard.

Submitted by firefox on Wed, 01/30/2013 - 12:45. Permalink

I was laughing so hard.

Steve Liesman pushed back, “We reduced federal spending, government spending by 15 percent. Which part of that’s not Europe don’t you get?”

“And why do we need to reduce government spending?” asked Santelli. “Because we run trillion dollar deficits"

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Tools of war are not always obvious. The worst weapon is an idea planted in the mind of man. Prejudices can kill, suspicion can destroy, and a thoughtless, frightened search for a scapegoat has an everlasting fallout all of its own.