Tuesday, July 24, 2012

CNBC's Rick Santelli rants--again

Rick Santelli's rants are pure entertainment for his honesty and conviction.  Meanwhile, the status quo resorts to tired cliches on "policy solutions."  "The Professor" is the distinguished Jeremy Siegel, the genius professor at Wharton Business School who proclaimed a target of 36,000 for the Dow Jones Industrial Average back in 1999--right before its ultimate peak, and the first of two crashes within a decade.  Great call, Dr. Siegel.  We really, really look forward to your next great prognostication.

As for CNBC host Steve Liesman, the shill for the Fed and US Treasury has a name which is descriptive--"Lies-man."

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