CNBC Analyst Loses It Over Obama’s Buffett Rule: ‘Absolutely Not!’
- Posted on April 12, 2012 at 10:23am by
Jonathon M. Seidl
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Rick Santelli, the CNBC analyst who was the impetus for the Tea Party movement, absolutely lost it Wednesday while talking about Obama’s Buffett rule, which would raise taxes on the top income earners. Santelli’s argument? The whole thing is a bait-and-switch, and it wouldn’t even do anything to put a dent in the debt. Or as Santelli says, “Debt!”
“Let’s play a little game,” Santelli said while using a whiteboard to illustrate his points, later adding: “Take a million dollars away from these people [the rich]! Just take a whole million from them, okay! … You see what I’m getting at? Gee, let’s take a billion away from those filiers, what does that do? It cleans out one month [of the debt]!”
“You see what the problem is,” he went on. “We could bash people, we could drag the people who used to be called successful … down.”
He added: “Does the commander-in-chief have a solution? Absolutely not!”
Then he reached defcon 1*:
People don’t really want to hear solutions. They want to change the dialogue, bait and switch, so we get more worried about what people pay, what’s fair! You know what, how are my kid’s opportunities affected by how many millionaires there are? I don’t see that their opportunities are affected! You know what I see that’s going to affect their opportunities? 15.6 Trillion!
And that was only part of it. See the entire thing yourself:
(H/T Right Scoop)
*Author’s note: originally I had “defcon 5.” But as an astute reader and our own tech person pointed out, it is a common misconception that five is the highest level — defcon 1 is the most severe.
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Comments (222)
RodT82721
Posted on April 12, 2012 at 11:01amIMO spending other peoples money is just as addictive as oxycodine, it has a special place in our system to fix things, but once it’s abused it is very destructive.
What better example of this then the GSA, a Federal agency that has no oversight, has it’s own income, and has now figured out they can use the tax payers funds to enrich themself and abuse their jobs. They know no one will ever make them pay for their excesses, they are union members.
Meanwhile our dear leader speaks of his Buffet Plan, that he is now calling the Reagan Plan, when in fact it’s Barry’s Plan to steal more money from tax payers.
Report Post »BlenGeck
Posted on April 12, 2012 at 11:41amLong live Rick!!!! I wish Fox would pick him up. He would get a zillion more viewers than he gets on the Commie News Broadcast Corp. Get ‘em Rick!
Report Post »Obama_Sham
Posted on April 12, 2012 at 12:17pmRODT… You bring up a good point about no oversight and a bureaucracy stealing money from the people…
I wonder why no one has pursued where the money from the fines issues by the EPA and OSHA go? Someone, somewhere is getting a lot of cash from those two entities alone… Now, think about all of the other bureaucracies and their authority to hand out fines… It appears to be another redistribution of wealth from companies to somewhere/someone else… The bad part about it, these entities have been doing this long before Barry…
Report Post »Unix
Posted on April 12, 2012 at 12:37pmRICK, you are a Godsend my friend. A TRUTH teller. Who is paying down the DEBT! Nobody that is who. We default at some point in the future, OR, we debase the currency to worthless paper and HYPER-INFLATE our way out of it. Does that make any sense to you all?
We have to drastically cut spending, and maybe even LOWER some taxes to get this DEBT under control. One can LOWER taxes and collect MORE REVENUE, imagine that my friends. It’s even been done before – look at what Reagan did.
But NO, this fool occupying the WH is hell bent on Communism, pure and simple! His OWS will be the tip of the Revolution, along with Unions, NBPP and Nation of Islam. Beware of what comes next my good Americans, we are heading toward HELL ON EARTH in the near future, mark my words!!!!!
Report Post »Detroit paperboy
Posted on April 12, 2012 at 12:47pmIt’s the Democrat welfare folks, not paying their fair share……
Report Post »Detroit paperboy
Posted on April 12, 2012 at 12:54pmIt‘s the Obama voters who aren’t paying their fair share…..can you say foodstamps……
Report Post »Detroit paperboy
Posted on April 12, 2012 at 12:55pmI don’t think the illegals are paying their fair share, 70% are now on welfare…..
Report Post »turkey13
Posted on April 12, 2012 at 1:01pm“Nothing is easier than spending public money. It does not appear to belong to anybody. The temptation is overwealming to bestow it onn somebody.” Calvin Coolidge
‘
Report Post »“This is why we need term limits not carrer politicians.” By Me
turkey13
Posted on April 12, 2012 at 1:05pmI read where Obama was bragging that he had stopped government fraud and in 2 years had saved us 10 billion $$. This means almost a trillion $$$ slipped into many of his supporters pockets.
Report Post »SgtB
Posted on April 12, 2012 at 1:08pmUnfortunately, your thought that a lack of oversight is causing this mess is off mark. I’ve been to awards ceremonies for fellow Marines whose “honorable” action was to spend your tax dollars on frivolous junk so that the unit wouldn’t lose any funding in the following fiscal year. And I’m not joking or exaggerating in the least. MALS-39 has given this type of award along with every other logistics unit in the military I’d be willing to bet. The problem is not a lack of oversight. No, the commanders and managers know what they are doing and why they are doing it. They want money to make themselves feel more important. The more your unit or department spends or has control of, the more clout you have and the more you can trade for things you need. Ever seen an episode of MASH where Radar is trading supplies he doesn’t need to get something his commander wants? Well, that kind of crap has been going on for a long time.
The only lack of oversight is in the American public’s ability to vote. People keep casting votes for R‘s and D’s and it doesn’t do them any good. The people they vote into office know exactly what they are doing and why. There is oversight, and it is driving us onto a plantation.
Report Post »Unix
Posted on April 12, 2012 at 1:15pmSGTB – good points. May I add one thing about budgets! I used to work for the govt, so I know this to be true. IF a dept gets X dollars, they HAVE to spend it ALL, or they have to turn in the surplus, AND the next year they will get that less by the amount of the SURPLUS they turned in the prior year. So, it is set up to be spend, spend and spend more by the legislation! NO MORE, vote folks into office who have a damn brain and work under the Constitution, not ones who will trample it (read Progressives, who can have D‘s or I’s or R’s after their names), it makes no difference!
Report Post »turkey13
Posted on April 12, 2012 at 1:31pmBiggest problem is that most folk under $100,000 don’t pay any taxes yet they take – take and -take.
Report Post »Remember when Obama was selecting Szar‘s and 6 had to decline because they wern’t paying thier taxes. Of course the only man that could save the USA had a problem also – Turbo Tax Timmie. With this lie it slipped thru unlike Anthony Weiners lie. Then theres Good Old Charlie Rangle – screwed us for almost a million $$. And then theres Warren Buffit telling the rich to pay more while he owes over a Billion $$. I would be kissing up to Obama also if I owed a billion bucks. I’d have two racing stripers on each side of my nose. If we get a new President first order would be to put the IRS to work and give agents a 5% incentive for each bust over $1000.00.
sWampy
Posted on April 12, 2012 at 1:42pmDamn right, money you don’t spend should stay in your budget for the next year, after say 6 years, 90% of the 6 year old surplus should be taken and divided equally with the workers in your division/group as a bonus. Where you are rewarded for constantly saving government money, and every one that helped save, gets a cut. Currently they more you spend over budget, the bigger your bonus is. ;-(
Report Post »jzs
Posted on April 12, 2012 at 3:02pmReagan supported the Buffet rule. Here, listen to him say it yourself:
http://www.youtube.com/watch?v=PvcarAqryIY
Does that mean Reagan was a commie? He raised taxes on the wealthy too you know.
Report Post »LibertyGoddess
Posted on April 12, 2012 at 3:13pmWhat I want to know is why isn’t Congress doing something to slow Obama down? Do something elected Republicans, even if the Senate over rules you, just do something!
Report Post »A Doctors Labor Is Not My Right
Posted on April 12, 2012 at 3:29pm@RodT82721,
“IMO spending other peoples money is just as addictive as oxycodine, it has a special place in our system to fix things …”
But it doesn’t fix things. It ALWAYS leaves the economy less well off. It’s only “beneficial” AFTER the government has outlawed your ability to underbid others.
Like the saying goes, government chops off your leg, gives you a crutch, and says, “See, if it wasn’t for government, you wouldn’t be able to walk.”
Welfare programs CAUSE unemployment through higher costs of production. There is absolutely nothing wrong with price deflation – this is what increases the purchasing power of the money you have (at least, in a sound money economy it does).
Please watch this video which explains this principle as applied to the price of housing.
See here.
Defending the Undefendable (Chapter 20: The Slumlord) by Walter Block
Report Post »http://www.youtube.com/watch?v=RhURIycWHRI
A Doctors Labor Is Not My Right
Posted on April 12, 2012 at 3:47pm@jzs,
“Does that mean Reagan was a commie? He raised taxes on the wealthy too you know.”
Great video.
First of all, Buffet only pays a lower tax rate than his secretary because he’s giving 99% of his income to charity.
See here.
The truth about rising gas prices, the stock market, & Warren Buffett’s taxes
(at 10:46; on Warren Buffett’s taxes)
http://www.youtube.com/watch?v=eQYy25kLijA#t=10m46s
To answer your question about Reagan: Yeah, it kind of does mean Reagan was a commie!
See here.
Ronald Reagan: An Autopsy
http://www.lewrockwell.com/rothbard/rothbard60.html
“How did Reagan manage to pursue egregiously statist policies in the name of liberty and of ”getting government off our backs?” How was he able to follow this course of deception and mendacity?” …
“At first, the only “cut” was in Carter’s last-minute loony-tunes estimates for the future. But in a few short years, Reagan’s spending surpassed even Carter’s irresponsible estimates. Instead, Reagan not only increased government spending by an enormous amount – so enormous that it would take a 40 percent cut to bring us back to Carter’s wild spending totals of 1980 – he even substantially increased the percentage of government spending to GNP. That’s a “revolution”?”
Report Post »oneconservativevoice
Posted on April 12, 2012 at 3:59pm@BLENGECK
No, don’t move him to Fox. Too many on the left just dismiss the Fox narrative as kool-aid. We need this president called out from many sources.
Report Post »Zer0
Posted on April 12, 2012 at 4:47pm@BlenGeck,
Rick Santelli is perfect where he is at, on a network that rarely offers an alternative opinion to Keynesian economics. He punches a hole right through their little insulated bubble.
Report Post »smokeysmoke
Posted on April 12, 2012 at 5:02pmThe CME in chicago is almost as cool as santelli
Report Post »SpeckChaser
Posted on April 12, 2012 at 5:25pmJZS
Buffet does not even support the buffet rule. If he did, his company would just pay the billion they owe in back taxes and stop fighting the IRS. That has a bad sound to it doesn’t it? I mean, a billion in back taxes. Man that’s horrible.
Interesting video. It’s reminiscent of the one you used to post of Reagan calling for the rich to pay their fair share. Why did you ever stop linking to that video? Oh yea, because he was talking about loopholes which allowed people to pay zero taxes. Zero as in not one cent, nothing, nil. Or the same amount that GE pays to put it in layman’s terms. Not that GE paying no taxes has ever bothered you enough to condemn them here, that I have seen anyway.
Does this new link you have just edit out the part where Reagan talks about those paying zero taxes? I just assumed it did.
To quote you,my inspiration of cleverness. ”Swing and a miss!”
Report Post »dmerwin
Posted on April 12, 2012 at 5:37pmUNIX and SGTB
Report Post »Both of you have good points and I will agree with both scenarios. We will take that as a base assumption. So what needs to happen is that every department (unit) is given a specific set of tasks (instead of some global mission statement that overreaches or can be massaged). Then those units need to use, say the 2008 budget (the last year we had one) and be told there is your money, accomplish the mission. Now having said that I am not an across the board type guy, it is the easy way to NOT make decisions about what is ESSENTIAL and what we could eliminate entirely. In the case of the military as long as congress not only provides the money but also the specific weapons systems we will continue to have really expensive weapons that take too long to develop because someone is always changing the requirement. Then if a system is obsolete or a failure SOME congressman will fight for it because it is in his/her district. It would be better if the military asked for a system that addressed X ***** in the armor and then had a group of money and military experts that could not be lobbied, put it out for bids and production so that congress was not involved in procurement. They have not proven up to the job of elevating the nations interest above their next re-election bid.
decendentof56
Posted on April 12, 2012 at 7:17pmJZS……
Reagan did not do or say these things:
Bow to a Saudi king
Accuse people (in W Pa) of “clinging to their guns and bibles.”
Accuse people of antipathy towards people who don’t look like him
say….I don’t look like those guys on dollar bills
Have a wife who said “for the first time in my life I’am proud of my country.”
Constantly drive a wedge between class and race
Allow racist groups to openly incite violence
Allow racist groups to place a “bounty” on a person because they hate the color of his skin
Create Czars and give them access to the Oval Office, such as Communist/racist Van Jones
Have a Sec of State who wants to impose the UN “Small Arms Ban”
You go ahead, buddy, and vote for the most divisive president we have ever had.
Report Post »If you can’t see the racial animosity he has spread in the black community, you are truely blind
Favored93
Posted on April 12, 2012 at 7:49pmEven the left wing media is fired up about this….WE HAVE A PROBLEM!!!!!
Report Post »Osama Obama is killing us and may get 4 more years to finish the job…..Pray all ye people pray!
mils
Posted on April 12, 2012 at 8:01pmgot this from a friend…who got it from a friend…
Are you up for today’s vocabulary lesson?
New word: INEPTOCRACY (IN-EP-TOC-RA-CY)
It is a recently “coined” new word found on a t-shirt on ebay. Read this closely and absorb all of the facts contained within the definition….getting real close to home, isn’t it?
…
Definition: A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
I LOVE this word and believe that it will become a recognized English word to describe our current political situation.
Report Post »oldguy49
Posted on April 12, 2012 at 8:36pmrick for sec of treasury he should really be on fox news but i am sure he is doing what he loves…………just hope we can all keep doing what we love after next year !!!
Report Post »jzs
Posted on April 12, 2012 at 10:16pmdecendentof56 says, “Reagan did not do or say these things: Bow to a Saudi king…”
Decendent, seriously man, your understanding of diplomacy must be limited to interactions with people in your city or maybe county. You’ve never been overseas have you? And you’ve certainly never done business overseas, let alone diplomacy. In any case, Reagan probably didn’t bow to Saudi King, I don’t know. I don’t know that he ever met one. But in any case, Bush did more than bow to a Saudi King, he kissed him. Here’s a couple of photos for you:
http://www.google.com/search?q=bush+kissing+saudi+king&hl=en&rls=com.microsoft:en-us:IE-SearchBox&rlz=1I7GGNI_enUS449&prmd=imvns&tbm=isch&tbo=u&source=univ&sa=X&ei=tIeHT4TBE6uK8AHPsZyjCA&ved=0CCkQsAQ&biw=1285&bih=789
You can probably guess that I’m not a big Bush fan, but one thing I’ll give him credit for is keeping our relationship with Saudi Arabia airtight. He did an awesome job, even though they are, you know Muslims (Bush spoke highly of the Muslim religion too).
Decendent, please try to understand what’s going on here. A bow to this person or that doesn‘t mean anything except to avoid ticking off the person you’re trying to business with. Something you know from your own dealings with people, but something you are seemingly unaware happens on an international scale.
Report Post »jzs
Posted on April 12, 2012 at 10:33pmDoctor’s Labor I like your post mostly. I don’t know that Buffett is giving away 99% of his income to charity although I know his intention is to give most of his money to charity at some point (like when he dies, something he knows isn’t to many years off). His tax rate is low, I imagine, because most of his income is invested and taxed as capital gains, around 15% I believe.
Doctors, at least 80% of your post are quotes from other people. You have plenty of brains. Do what you want of course, but you can elevate the dialogue by posting your own opinions, then providing links to support whatever facts you are basing your opinions on.
SpeckChaser, somehow you‘ve associated GE with liberals and I do believe there’s a good reason for that. GE has donated money to liberals or whatever, honestly I don’t know. Okay, let’s take that as an assumption. Sorry though, I want GE to pay their fair share of taxes, just like you do. Whatever they’re doing, they sure aren’t creating millions of jobs.
Understanding tax law is, to me, like trying to understand quantum physics. So, you don’t like that GE pays zero taxes? Me either. We’re on the same side on that issue. Gimme five.
Report Post »RepubliCorp
Posted on April 12, 2012 at 11:10pmA DOCTORS LABOR IS NOT MY RIGHT
Report Post »NeoLib Paul isn’t worthy of being a doormat at the Reagan library.
Therightsofbilly
Posted on April 12, 2012 at 11:13pmJZSaul,
Seeing that you have tough time understanding the tax code……….
All you really have to do is remember these two simple rules, because like the laws of physics, they never change.
Rule #1: Republicans like lower taxes so that individuals can keep more of what they earn, and prosper.
Rule #2: Democrats, if left unchecked, will tax the crap out of anything and everyone in order to increase the size of government, which will in turn require even more taxes. Rinse and repeat.
Simple…..eh?
Report Post »TheCoffinMaker
Posted on April 12, 2012 at 11:28pm“Loses it” ???
He was just hammering it home!
There‘s more confidence in Santelli’s words than you’ll find in 16 hours of speeches in the best-of cd from our noodle of a President!!!!!!!!!! remember that beauty of a gift to the Brits?
…God help us
Report Post »bigbadjohnsnow
Posted on April 13, 2012 at 12:12amFinally! Someone says it! Guess what? I have never had a job in my life that was given to me by a poor person. All my jobs have come from rich people. Am I worse off? NO! I don’t believe we should have income equality, I think we should reduce the corporate tax rate, because as he said, the only real threat to our future is from the national debt! If we reduce the tax rate it will encourage companies to come back here there by growing the economy to a level where the debt isn’t as burdensome. Right now each taxpayer shares $138,010 of that $15.6 Trillion and guess what? It’s only going to go up from here.
Report Post »moreoilplease
Posted on April 13, 2012 at 12:35amJZS
Report Post »There you go again JZ saying Reagan supported the Buffet rule. Capitol Gains tax is not a tax “loophole” as Reagan was talking about. The gentleman he spoke of was using shelters that the Tax Reform act of 1986 “fixed”, I use that term loosely.
If you wanna make an argument for double taxation, go right ahead, at least you would be making an honest argument. But you know this. Lets say the Buffet rule is in place now, he would most likely still pay a lower percentage than his secretary, BECAUSE HE DOESN’T EARN AN INCOME! He pays capitol gains tax on his profit and it is a lower percentage BECAUSE HE ALREADY PAYED TAXES ON THAT INCOME AT A MUCH HIGHER RATE! So, it would only affect small to medium business and maybe some doctors and lawyers. Probably wouldn’t affect wall street much either. Your entire argument is the same as Barry and it’s a completely contrived argument. Total and complete dishonesty.
CobraBill
Posted on April 13, 2012 at 1:54amI like Rick on CNBC, the older gentleman Larry that is on at 7edt. is ok too.
Report Post »If they raise the tax on capital gains, they should raise the amount of deduction on capital loses to 100%. Not just the three thousand it is now.
Turkey your so wrong about people who make less than 100k pay no taxes.
If you make 1k a week in NY state, they will take 350$ or so in state, federal, social security and medicare.
Not to mention the 550$ a month in land a school taxes I get the honor to pay.
dutchy
Posted on April 13, 2012 at 2:55amThis guy Rick Santelli from Cnbc has got the picture! Now spread the word out to all dems, and get this spend crazy president out of this office, cut spending in the next term and get this country back on track!!! http://www.tellthetruth.org
Report Post »phil1765
Posted on April 13, 2012 at 4:18amjzs
Report Post »Wrong a-h-o-l-e Reagan simplified the tax code which actually cut everyones taxes but in the end raised revenue. Why is it you idiot liberals just parrot whatever Obama says? The dude just out and out lies and twists what actually happened in the past to make it seem like he isn’t actually doing his socialism based redistribution of wealth and you can bet within 24 hours you are repeating the lies yourself. Are you one of those idiot OWS things that repeats everything that the speaker says? Seems to be the case.
phil1765
Posted on April 13, 2012 at 4:29ammils
Report Post »I am going to have to get one of those t-shirts, explains the situation in this country to a t. no pun intended.
nella111
Posted on April 14, 2012 at 6:41pmWhan Obama says trickle-down economics doesn’t work, I know he has never figured it out. Of course it works. A millionaire keeps a little more of his rightful fruits of his labor, and buys a new boat. The boat company pays its employees, pays dividends to its stockholders, and pays its suppliers who pay their employees, pays dividends to its stockholders, and pays its suppliers, and so on down the line. The boat company also rewards its salesman with a bonus in addition to his commission, and he celebrates by throwing a party. Pays caterers who pays their employees, buys more supplies, etc, etc, etc.
Report Post »A Doctors Labor Is Not My Right
Posted on April 15, 2012 at 12:04am@jzs,
“Doctors, at least 80% of your post are quotes from other people. You have plenty of brains. Do what you want of course, but you can elevate the dialogue by posting your own opinions, then providing links to support whatever facts you are basing your opinions on.”
Agreed. Thank you for your constructive criticism, and for the kind and encouraging words.
Report Post »ColoradoMaverick
Posted on April 12, 2012 at 11:00amIt’s very simple. Obama really doesn’t want to stick it to the rich people. He knows this is a drop in the bucket and all of his rich friends know it too.
Report Post »This is more of the same “smoke and mirrors” from our liar-in-chief” who simply wants to get all of the poor folk and all of the lower income wage earners (aka the takers) in this country riled up about the “evil rich folks” and specifically the “evil, WHITE rich folks” so that he will get their vote. he knows the GOP won‘t go along with it and even the Dems wouldn’t, but that makes no difference to Obama, he only cares about himself getting re-elected.
Wake up American and take a stand. reach out and educate the unwashed masses who might buy into Obama’s lies.
Bill Rowland
Posted on April 12, 2012 at 11:45amIt’s not so simple. Sweet Old Barak is getting the people riled up to hate those who have been successful. While you are paying attention to this distraction he and his Tsars are really after something else. This is designed to distract from other issues that make Sweet Old Barak look bad like gas prices, Fast and Furious and the restriction on drilling. The unemployent rate and the falling value of the dollar, the plunging stock market, etc etc.
Remember WATCH THE OTHER HAND.
OMG 2012
Report Post »Quiata
Posted on April 12, 2012 at 12:16pmWhoooooooo…. way too much math (and planning) for most liberals! Numbers scribbled on a board will actually cause thinking, and that could be dangerous.
In response to Rick Santelli‘s ideas about blocking future generations’ opportunities with immeasurable debt and strangled wealth production (and to use some twisted liberal logic):
***If you don’t like people having a million or more dollars, then don’t be a millionaire!***
Report Post »AmazingGrace8
Posted on April 12, 2012 at 2:26pm@quiata
Your last statement reminds me of a program I watched years ago where the wealthy husband was being taken to divorce court by his wife and the classic country song, “She got the gold-mine & I got the shaft” was in play. Guess what the husband did after the final papers were signed & sealed.?…..he got out of the corporate race and moved to a small community & worked as a clerk at a gas station for $8.00 an hr. and claimed he was the happiest man on the planet after making his decision. His greedy wife & selfish children had to down-size their lifestyle. Of the 3 children, one child didn‘t need all the stink’n stuff and went to live with his dad. There was a follow-up years later & the x-wife & two kids didn’t fare well & hated their humble lifestyle & the husband & son opened up a small business together & are doing well….the son did go to college & did get a degree but chose to go back to the small community & enjoy life….Push comes to shove, government may want to embrace the wealthy if they want to continue the spending to take care of the “takers” in this country.
Report Post »NeoKong
Posted on April 12, 2012 at 10:59amHe’s right.
Report Post »It is Barack Obama taking us over this cliff of govt. debt and somehow he wants to blame successful people because his spending is out of control.
He does all the spending while we have to do all the paying.
johnjamison
Posted on April 12, 2012 at 11:41amone word CUT everywhere. Start with the over reaching Gov’t agencies that act outside of congress first and the Military last.
Report Post »In the end the federal gov’t only actual responsibility is to protect the nation. Not fight other nations wars,not stop samali pirates,create democracies across the globe. PROTECT OUR SHORES AND BORDERS FROM ENEMIES OF THE CONSTITUTION FORIEGN AND DOMESTIC.
ezekiel22
Posted on April 12, 2012 at 5:20pmOne thing a liberal does not do and that is take responsibility for anything gone wrong. For that matter neither does a conservative. What is going on over this whole thing is merely an extension of divide and conquer. It does not matter if the division is over money, race, healthcare. It don’t matter. It don’t matter if it is a lie. The big win is in the division. As long as Americans fight with each other we all lose period. Even the lock and load americans. Pretty sad.
Report Post »There is a way to defeat this and I can tell you it is not by resorting to ideological lines in the sand. Most people don’t have the stomach for it including retired marines which I consider really sad due to the respect I have for them.
One thing I do know is that truth will prevail and the rhetoric of the left will fail for the sham it is.
Bazooka_Joe
Posted on April 13, 2012 at 8:58amSooner or later real cuts will have to be made. They should have been done earlier. The sooner the cuts are made the less the cuts have to be. If they wait too long they will have to be 100% and we will have 0% oportunity left in this country. It is looking like the last case scenario is what it is going to be! The plan of the Progressive/Markist/Socialist/Godless/ Evil people is to make this country into a third world nation because America has succeeded on the backs of other nations who have had no opportunity. There is no truth there. The fact that there is no opportunity in those nations is due to the fact of their oppressive governments means nothing to these people.
Report Post »momprayn
Posted on April 12, 2012 at 10:58amThe good news, finally, is that I think people – even some of the non-radical libs, that maybe some of their “brilliant” ideas DON’T work and WHY. I PRAY SO !!! All they have heard from mentors/lib professors is their side with no one to explain how it doesn’t work after all. Maybe this is a God-given chance, since a lot of people are scared and angry – and some are finally getting out of the non-confrontational comfort zones and being heard. Pray for more and more of this – and that they are on the Communist networks where they listen for the “news”. Also more and more exposure of the truths about how awful many of the liberals/Progressives are liars and very unpleasant and UNFAIR people, etc…..for more to listen to the Consv. programs – especially Rush who explains well about it all & has converted many.
Report Post »blazingaway
Posted on April 12, 2012 at 10:57amAll of this has to do with interest rates … what happens to the price of existing bonds that currently have low interest rates when interest rates go up? They decline in value …. who owns a lot of these bonds . .. the rich. What happens if the government keeps printing money without more and more tax dollars to pay the interest? Interest rates will go up and the rich holding the low yield bond will go down and they will be worth less. Yes it is bait and switch. To allow the rich more time to hedge an scale out of their low yielding bonds into the hands of others. And, it also prevents new people from becoming rich and allows those who are rich to remain so since they have all of their wealth well protected an if you can get to them, then you can get to anyone and no one will be rich. We will all be poor and controlled by a tyrant who will take power just as he takes our wealth.
Report Post »NOBALONEY
Posted on April 12, 2012 at 10:55amsanTELLI LIKE IT IS.
Report Post »FREDINOHIO
Posted on April 12, 2012 at 10:55amGee, I wish he would have indicated how he really feel!!! Seriously, we have to get the imposter out of the White House. Another four years of this and we won’t have an America anymore.
Report Post »TRONRADIO
Posted on April 12, 2012 at 10:53amYou call that losing it? I call it truth-telling.
Report Post »RJJinGadsden
Posted on April 12, 2012 at 11:08amTron, well it was a conservative speaking on msNBC.
Report Post »RJJinGadsden
Posted on April 12, 2012 at 11:09amDUH, make that cNBC
Report Post »INOGAWD
Posted on April 12, 2012 at 3:12pmThis POTUS is NOT going to CHANGE his spending ways..
Report Post »I’ve lost all HOPE, but NOW I do want a CHANGE…………….
DUMP THIS ADMINISTRATION..
pookieamos
Posted on April 12, 2012 at 10:51amI get so sick of hearing Obama and his fairness garbage . It is getting old hearing him prosperity and peddling the notions of communism to his unsuspecting audiences . What I ask myself daily , is how can his middle-class and poor supporters not understand that Obama is giving their own prosperity chances the death knell ? How can people be so stupid . Of course there are many of them who understand what he is doing , but there are millions who actually believe Obama wants to help them , who thinks he is on their side .The sychophants from the left have obviously eliminated critical thinking skills in our schools .
Report Post »barber2
Posted on April 12, 2012 at 10:50amIn 2008 Obama accepted the Democratic nomination and said : ” if you don’t have any fresh ideas, then you scare tactics to scare voters. If you don’t have a record to run on, then you paint your opponent as someone people should run from.” Guess he was forecasting his 2012 campaign . Only he didn’t mention that , in addition, you can always Play the Race Card and the Evil Capitalism Card !
Report Post »spirited
Posted on April 12, 2012 at 11:37amOh, he mentioned that when he announced his presidential run in 2007.
Report Post »“… In the face of a politics that’s shut you out, that’s told you to settle, that’s divided us for too long, you believe we can be one people, reaching for what’s possible, building that more perfect union.”
and that when a child turns to violence, there’s a hole in his heart no government could ever fill.
“… It was in these neighborhoods that I received the best education I ever had, and where I learned the true meaning of my Christian faith.”
“After three years of this work, I went to law school, because I wanted to understand how the law should work for those in need. I became a civil rights lawyer, …”
>~~~>”And that is why, in the shadow of the Old State Capitol, where Lincoln once called on a divided house to stand together, where common hopes and common dreams still, I stand before you today to announce my candidacy for President of the United States.” <~~~Look both speeches up and read: it
Eric_The_Red_State
Posted on April 12, 2012 at 10:48am15 Trillion – and the other guy treats him like HE’S nuts.
We —– are ——- screwed.
Report Post »SpankDaMonkey
Posted on April 12, 2012 at 10:47am.
Report Post »I was afarid the poor thing was gonna have a stroke………..
hi
Posted on April 12, 2012 at 10:44amstop spending
Report Post »MiddleAmerica2012
Posted on April 12, 2012 at 10:44amnews about the news isnt news
Report Post »Valley Forge Guns Owner
Posted on April 12, 2012 at 10:40amlol….I think Rick should be the VP or at least the Sec of Treasury.
Report Post »bpodlesnik
Posted on April 12, 2012 at 10:40amTell it like it is Rick!
Report Post »broker0101
Posted on April 12, 2012 at 10:40amSing it, Sister!
Report Post »EqualJustice
Posted on April 12, 2012 at 10:38amHe needs to work for FOX Business! Obama is doing such an INJUSTICE by making the ignorant voters think the RICH are to blame for government spending and taxing them more is the solution. IF THEY TAKE MORE THEY WILL JUST SPEND MORE. Obama can‘t WAIT to get his hands on everyone else‘s HARD EARNED MONEY.(redistribution)
Report Post »Dishevel
Posted on April 12, 2012 at 10:52amHe needs to stay there. How else are those watching that channel going to ever hear the truth?
Report Post »CatB
Posted on April 12, 2012 at 10:38amHe’s right .. Washington is destroying the country and enslaving our children .. .you can save MUCH more than this little “fair” cr*p .. by cutting 1% from the Federal budget .. a losey 1% .. that is nothing .. that is paper clips … who hasn’t cut their FAMILY budget by much more in the last 3 years .. gas, food, etc is up up up .. that is cutting into your budget and leaving you with less and less. Time for Washington to do the same .. throw the bums out!
OMG 2012!!!
Report Post »JACKSONDCFL
Posted on April 12, 2012 at 12:17pmAt the minimum, we could stop sending money to ALL those governments in the Middle East. Those people will never get past wanting to kill all of us. So, why do we send them money? It only helps their war against us. Doesn’t make any sense does it?
Now that Rick is gone, VOTE MITT 2012!!!!!
Report Post »CMDR6
Posted on April 12, 2012 at 10:36amAt least one person on TV has a clue as to the issues. Was that a teeny, tiny, small breath of fresh air????
Report Post »Snowleopard {gallery of cat folks}
Posted on April 12, 2012 at 10:35amSo someone at the Communist News Network seems to actually be getting it? At least in a small portion? Incredible. Maybe the progressive media is finally awakening to the fact of how much danger the administration is to them after all.
Report Post »MidWestMom
Posted on April 12, 2012 at 10:53amHe probably won’t be working for them much longer. Speaking out against the Obama regime is unacceptable and will not be tolerated.
Report Post »piper60
Posted on April 12, 2012 at 10:35amThis is sounding more and more like Stalin.
Report Post »barber2
Posted on April 12, 2012 at 10:51amYou’ve got the correct political philosophy ! Marxism out of Chicago : a nasty bit of politics !
Report Post »msconstrue
Posted on April 12, 2012 at 10:33ammillionaires dont need to pay more taxes…….the government needs to stop spending money!!!!!!
Report Post »CatB
Posted on April 12, 2012 at 10:38amAmen … AMEN!
Report Post »HorseCrazy
Posted on April 12, 2012 at 10:49amamen. I am so sick of it wait until they start slashing programs the liberals will whine and squeal like hungry pigs waiting for dinner.
Report Post »Dde13
Posted on April 12, 2012 at 11:00amAgree…how does this motivate job creators? Why are we sending BILLIONS to the middle eas? Why do we want to spend trillions on a healthcare plan that will not work? Higer gas prices…higher food prices. Highest coperate tax in the world, Obama wants to bring down America. Job well done. Like this guy thinks he deserves 4 more years.
Report Post »bigdaddyt46
Posted on April 12, 2012 at 11:36amhttp://www.youtube.com/watch?v=GTQnarzmTOc
Report Post »ADNIL
Posted on April 12, 2012 at 3:04pm…….and the lay-abouts need to start pulling their own weight.
Report Post »Mike N
Posted on April 12, 2012 at 4:57pmThey’re punch-drunk on the DC lifestyle, and won’t stop making promises for more votes unless we change the rules of the game.
Make it less attractive for them to represent us, like it was 200 years ago. Then, when they run for office, we can trust that they are doing it for the right reasons.
Report Post »hauschild
Posted on April 12, 2012 at 10:32amDuh?!?!
Report Post »Abraham Young
Posted on April 12, 2012 at 10:31amRight, we are being led by madmen who are fiddling while Rome is burning. Only in this case, they are doing the burning while America watches in horror at their madcap hijinks, and Democraps talk about the “war on women”, and why Ann Romney hasn’t worked a day in her life.
Report Post »msconstrue
Posted on April 12, 2012 at 11:23am…..ann romney hasnt worked a day in her life!!!!!! OMG..i am a stay at home mom and if anybody claims that that is not work, they need to have their head examined!!..i manage the lives of 5 people, the hats i wear include, but are not limitted to: social secretary, teacher, councilor, budget planner, personal shopper, dietary consultant, housekeeper, spiritual guidance, doctor, nurse, wife, gardener…..the list goes on!!!!!….if i am lucky, i might have time at the end of the day to take a bath and shave my legs!!!!!!!!!
Report Post »i am a firm believer that if more women stayed home, that our kids would grow up a little more stable and prepared to enter the world on their own!!!…i will step down off the soap bx now!!