Santelli Attacks Biden's Claim Economy Is Worse Than Expected

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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 hundreds of times has the current administration talked about the worst recession in history? The worst time since the Depression?

Exactly, but that wasn't all: 

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RICK SANTELLI, CNBC: The other focus of course is going to be how this growing talk politically on the extra needed amounts to spend, a new spending package. And remember, the Vice President talked about a miscalculation. Those words were retracted some extent, but remember: How many hundreds of times has the current administration talked about the worst recession in history? The worst time since the Depression? I don't think they were really surprised by the depth of the slower activity. Maybe they're just surprised that all that money really didn't create jobs and consumers are getting in more dire straits. Just look at credit cards.  

Yep, and now they're going to start pushing for another stimulus. The question is how the media will allow this discussion to be tabled.

After all, despite their and Biden's convenient amnesia, the press aided and abetted Porkulus I by assisting the White House in disseminating gloom and doom about the economy, and, therefore, the need for unprecedented spending.

Now that this hasn't worked -- meaning the economy isn't improving -- the media now have two choices:

  1. Expose the failure of spending to get the economy going and not back another such package
  2. Go along with the Administration's laughable claims that things are worse than expected and support Porkulus II.
Which option do you think they'll take?

—Noel Sheppard is the Associate Editor of NewsBusters. Follow him at Facebook and Twitter.


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Is biden the most wrong headed in history?

Didn't all the urgent demands for TARP and stimulation come prefaced with the worst conditions in history?  Now he is discovering something new?

The energy bubble and the mortgage bubbles were the most damaging in history. The new debt is the worst in history.  The medicine offered is the most damaging in history.

In other words, IT IS HISTORIC.

It is boring to cut taxes and let the private sector grow and create jobs for recovery. 

 

Shamelessly stealing from

Shamelessly stealing from the new Snapple ad:

The worst economy in history just got worse!

I didn't think it was physically possible, but this both sucks and blows.  -Bart Simpson

 

even more shame

Nods head toward mother while speaking to another NB poster:

"We're dating".

Sam: "I hurt somebody's feelings once"

You are running for the highest office-

in the land. you have your people meet with the out going office holder, you discuss many subjects, and one subject surely was the economy.The transition was smooth, as related by both sides. and now you are surprise the economy was this bad. You are the worst group of absolute no nothings in this country's history. You were told your policies were a major catastrophe in the making. You can not spend your way out.It has never worked. Give the people their money they will get the economy rolling.

"yes we Can" are only words-you are weak in all capacities.you have proved BHO is not qualified to govern.

 

BHO-  THE PROGRESSIVE PIRATE

 

 

 

'' BHO- THE PROGRESSIVE PIRATE ''

To shorten that great turn of a phrase:

Hussein - The PeePee

Oh dear,

it looks like NBC is gonna have to send Rick to reeducation camp in Siberia again.

Good news

gLOBAL warming is making siberial balmy.

Honesty:

They could say, "Yes, but the first stimulus bill was a liberal spending wish list and a pay out to our supporters. The new second stimulus bill will actually be for stimulus. We're serious this time..."

The "Mainstream" Media: By liberals. For liberals.

Or . . .

 . . . As Bullwinkle said during one of his many excursions into that magical hat:

''This time for sure!!''

Third option for the media.

How about option number three:

Admit that they are frauds and hacks, then fire themselves and allow real journalists to take their place.

I like that option much better than the others.

Rational Liberty: Where Reason and Government Collide - The best website ever!

Investment Tip:

Buy stock in the paper and ink suppliers to the U.S. Treasury! 

"There are two types of people in this country; those who provide freedom and those who enjoy it." MM says...

Ok Noel, we get the point

BUT, do you think anyone (except those of us here) actually cares? We have a 50 something druggie, maybe pedophile, getting 24-7 coverage, people weeping in the streets, while the government of NY can't even compromise on who is the leader (how come the demolibs won't give in? - actually a favor for the citizens), and everyone from Slippery Sharpton to anyone else, making excuses for the media coverage. Seems to me that the media, as cowards usually will, cannot do the job that they profess - REPORT, and not editorilize or celebrate.

Look, Michaels' music and dancing were ok, maybe trend setting, but he's actually just like the politicians who are setting us down the wrong road - he gives us what we want/expect, after we hand over money, we feel good for a while, then it's over. The exception is that the pols keep asking for more, and with them, we don't have a choice. The major problem with the cowardly liers, (deliberate or stupid) is that they have no idea of what they are supposed to do - they have forgotten about who, what, where, when, and figure out the why - instead they have become, me, mine, and why don't you believe me? I guess that is what happens when ideology takes the place of common sense - if they know who to read, maybe they should read that - (Common Sense by Paine-  for those of you in the media)

There is no sense in being stupid, if you can't prove it! - my dad V

Now you know

What jive talkin means ... Watch the BeeGees song on Youtube "Jive Talking"

First stanza ---

Its just your jive talkin
You're telling me lies, yeah
Jive talkin
You wear a disguise
Jive talkin
So misunderstood, yeah
Jive talkin
You really no good

The Colonel Obama theme song.

Has Stimulus 1 money been spent?

All the money from the first stimulus hasn't been spent! I keep hearing only about 10%?!?!

This goes back to that

This goes back to that psychotic dwarf Rahm Emmanuel and his vow not to let a crisis "go to waste".  The Community Organizer and his thugs knew that the best opportunity to secure election was to grossly exaggerate the down economic cycle to stir up panic and corner Bush into pushing for the "stimulus".  When Bush, and, later, McCain proved incapable of handling the pressure properly, That One found his opening and rode a manufactured crisis all the way to the White House.  Emmanuel then telegraphed their next move...to turn a crisis into a catastrophe so that the Community Organizer could institute his corrupt brand of Marxism before the panicked citizens were ready to hold him responsible for some of the mess.  This "worst recession since the Depression" and the "we didn't know just what we were 'inheriting'" claims are transparently dishonest and par for the course with this lying sack of s*** administration.  If That One is so upset about the economy he "inherited", perhaps he's not up to the job and should have considered his own incompetence before accepting the Presidency.  Oh, and by the way, why doesn't anyone link the beginning of the economic decline to the day that Stretch Pelosi and The Body Odor Reid assumed power?

"I spent a lot of money on booze, birds and fast cars. The rest I just squandered."  -George Best

boggles the mind

All these geniuses in the BHO administration and not one of them can figure out that cutting taxex is the best way to stimulate the economy.  It truly boggles the mind unless you consider that they're not really to solve any problems; they only want to grow the government.  Complete idiots.

I think it is a typo, it

I think it is a typo, it should be mislead, not misread

It's the worst depression

since the great depression due to osama bin obama, all of the job loss and the current economy are his, his alone and he has done it on purpose. America better wake up to the fact that he and 240 +/- reps and 63 +/- senators are going to continue and not stop until they destroy America.

Keep bamslamming the bamster until he is gone.

Great Insight

Never give up.

I think Santelli is looking

I think Santelli is looking for his own special episode of one on one with Jon Stewart.  Won't be long now...

I doubt it because Santelli

I doubt it because Santelli would smash Jon Stewart.  Santelli knows his stuff, Stewart won't take him on.

Which is all the more reason

Which is all the more reason for Santelli to do the show.  Stewart has turned everyone so far into weak little pussycats.  Time for someone to step up to the plate and take a decent cut.

Which is why I doubt Stewart

Which is why I doubt Stewart would invite him on, or has he already?  It's hard to know with Michael Jackson still being dead covered 24/7

The MSM will continue to cover Obama

They really have no choice.  Since they have blatantly illustrated over the past several years, they are in the tank for whatever liberal agenda is in Washington.  Conservatives don't watch the MSM.  We have alternative news sources.

Yes, the MSM will cover Obama.  They have to.  They will never regain conservative viewers and must hang on to the unwashed leftoids too stupid to see the hypocrisy.

Angry White Dude

www.angrywhitedude.c...

 The MSM will continue to

 The MSM will continue to cover Obama - They really have no choice.

Um, I don't think it's too far of a stretch to suggest it's the job of the media to cover whichever president is in office.

In this case.......

the media doesn't "cover", they "Shill" for him......big difference.

Shill, yes...

but a more politically accurate phrase would be...

"they administer his propoganda"

Understanding the Obama Czars

Trying to understand anything by the definition of Liberal words, (especially those of Barack Obama) is futile and only leads to confusion of anyone trying to discern what is actually meant.

ObamaSpeak is quite similar to the terms introduced by George Orwell in the dystopian classic "1984", 'DoubleThink' and 'NewSpeak'.

The Orwellian term 'DoubleThink' in simple terms is tightly coupled to 'Cognitive Dissonance', where a person holds two diametrically opposed views of reality as one view, i.e. "War is Peace", "Freedom is Slavery".

The Orwellian term 'NewSpeak' in simple terms, was designed to replace and reduce the concepts of e.g. objectivity and rationalism into one term - 'OldThink'.

The ObamaSpeak term 'Czar', has little if anything to do with the original meaning of the word 'Czar', which meant the 'Supreme Ruler' of a Country, specifically Russia.

The ObamaSpeak term 'Czar' cannot be understood by definition and must be understood by function.

The German Socialist term 'Führerprinzip' and its intended function, reveals the intended purpose of the ObamaCzar.

This approach is basically a 'Hierarchical' structure where someone is appointed directly and has the sole responsibility of oversight of a particular function i.e. 'Energy', with little interaction with others except for the one who made the appointment.

This effectively bypasses Congress or other oversight and leaves decision making in the hands of the appointer.

In Germany this approach was used not only on business entities but Mayors, Union Leaders etc.

If and when California is bailed out, Barack Obama will appoint a Czar of California to oversee the 'Investment' for the "American People" and thus acquire control of the eighth largest economy in the World and bypass the California Government and its citizens.

This introduces another German Socialist term 'Ausnahmezustand' or in simple terms, governing by Crises, manufactured or because of current conditions.

→ Salazar the Water Czar

Right now, I think......

Zero has more "Czars" than Russia ever had.

Czar and Autocrat

Do NOT forget that His Majesty The Shahinshah is THE Czar and Autocrat of All of the Americas.   

"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)

Obama Wants Economic Crisis to Worsen

Remember when Barack Obama's 'Chief of Staff' Rahm Emmanuel said, "We can't let a crisis go to waste".

Barack Obama used the word 'CRISIS' 25 times in his speech about signing the 'Obama Stimulus Fiasco', where most who voted for the Bill had NOT even read the Bill.

The 'First Step' in Socialism, take control of financial systems and devalue the currency by taxation, borrowing, spending and printing worthless money.

Critical thinkers realized the first clue that something was really wrong about Barack Obama, was when he rushed through his economic plan because of the crisis and then borrowed huge amounts of money (to reduce debt?) and now is sitting on most of that money.

Crisis after Crisis are now bubbling to the top across America, from the State of California to Cities like Detroit Michigan.

Meanwhile Barack Obama is focusing everyones attention on 'Free Health Insurance' that will cost the Taxpayers Trillions of dollars.

The Obama Administration has withheld irrigation water to the most fertile 100,000 square miles of food producers in the World, in California, causing even more unemployment and financial stress and soon massive food shortages.

Ausnahmezustand in simple terms, is the Necessity of declaring 'Martial Law', which "Temporarily" suspends existing rights, rules and regulations in order to deal with the "Crisis".

"We cannot continue to rely only on our military in order to achieve the national security objectives we've set," he said. "We've got to have a civilian national security force that's just as powerful, just as strong, just as well funded."
Barack Obama Speech July 2, 2008 Colorado Springs CO

This statement debunks any notion that Ausnahmezustand wasn't part of the Obama agenda long before election.

Obama is patient and will wait until the crisis is such that people will want 'Martial Law' and him as the Decision Maker.

Well he'd better hurry then

with the news that his opinion polls continue to worsen, and have been declining over the last month.  If this rate accelerates, he's going to have problems with the 2010 elections, assuming the GOP ever gets their collective head out of their rear ends.  If enough Republicans pick up House and Senate seats, they can derail his legislation through the 2012 elections.

Absolutely correct, Geek...

I honestly believe that what you've stated here is right on the mark.  And, although the moderates in society would call us "conspiracy theorists," the hard left knows well where we're headed, and they secretly want it.

My last hope of avoiding the ultimate drain at the end of this downward spiral, is that too many US citizens have lived so long, with so much freedom, that this relatively sudden collapse into the final stages of socialism will mobilize the heart and soul of this nation like no other.

My liberal neighbor said "What are you complaining about, we've lived in a socialist nation since before you were born!"  I simply replied, "No, we've had some social institutions, like medicare and SS.  But, if we actually do become a socialist nation,  you'll know it by your poor living conditions, and your inability to complain about them."

 

 

Joe Never Gets Anything

Biden may actually have been surprised. He's a twit. But Obama's administration certainly isn't. They're gaming the system because the media lets them, of course, but they will pay for it. It's already starting.

"stimulus"

Even if something like the "stimulus" would have worked, it's hard to see how it could have when they've only spent 7% of it. And now they want more?

Surprised he hasn't been muzzled yet

I am surprised that they haven't gone after Santelli yet.  He must not be a threat. 

He would be a great tea party speaker.

http://www.framingthedialogue.com/archives/rick-santelli-cnbc-news/

 

Typical Liberal Response

Just like Clinton in 1993.  "This economy is so much worse then we were led to believ,." Clinton explained as the Democrats proceeded to pass a very large tax increase (breaking a campaign promise to cut taxes) and screwing the middle-class.  Fast forward to today and it's the same story...economy much worse than we thought, etc....  What really makes this wrong on so many levels is that no one (in the liberal advocacy organizations) will call them out for being so "factually incorrect" and then question them when they call for another stimulas or other stupid actions.

We are so screwed!

However beautiful the strategy, you should occasionally look at the results. Sir Winston Churchill

www.btreasures.com

How can anyone in their

How can anyone in their right mind think this hocus pocus would actually work?

Is it because they got lucky with the Chrysler-Iacocca thing?  Is it because they muddled through the S&L thing?  Is it because Libtard historians and economists said that this stuff worked for FDR?

I think a lot of these businesses (and families out there) have been running on reserves and credit...many are cutting their losses all the time or just plain getting out.  Question is, when will this reach a plateau?

The Comrades up there in DC know that even during the Great Depression the vast majority of Americans were employed.  They figure that at some point the system will adjust to an (more or less) equilibrium.  If unemployment gets down to 'just' -50,000 or so a month over then next three years, they'll claim a great victory and say it would be far worse if we hadn't been blessed with their presence courtesy of the wise American voters.

The sick thing is that millions of the unemployed will vote for these guys-again.

One of the 34% who thinks George W. Bush was a great President. One of the 61% who wants to bring back the stock and pillory (yep...approval for Congress now at 39%...do you believe that!?).