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More Relentless BS From The BLS (And Princeton) Forces Santelli To Snap

Tyler Durden's picture




 

From John Lohman

As usual, the Department of [no] Labor did not fail to deliver its usual Thursday morning humor: yet more upward revisions to initial and continuing jobless claims (initial were revised upward by 8,000, while continuing were revised 12,000 higher).  But the unexpected round two of laughter came from Rick Santelli’s instantaneous description of the report.  For those that missed it, his FTMFW quote is below, followed by a visual of the claims cluster:

Of course, this is old news and has been pointed out ad nauseam on ZH (2010 summary here, and longer-term view here).  It’s already known, based on the percent of up revisions vs. down, that the binomial probability of the initial report being unbiased (either statistically or otherwise) is precisely 0.000000004% (which incidentally is rumored to also be the probability of Cramer’s foundation making money this year). 

What was news, however, were the annual revisions that were released with the report.  More humor: they were larger than the first revisions and contained comparable levels of upward bias.  While free entertainment is always welcome, one can’t help but wonder why the DOL doesn’t borrow one of the FRBNY’s interns to adjust the specs in their model.  It’s not like removing a predictable bias in a model is rocket science.  The only legitimate explanation could be, well, Rick’s.

And for those who may have missed it, here is Rick Santelli's latest moment of insanity when confronted with monumental bullshit (link in case CNBC decides to take the embed version down):

 

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Thu, 03/31/2011 - 18:47 | 1123188 bob_dabolina
bob_dabolina's picture

Give this guy a nobel prize for winning.

Thu, 03/31/2011 - 18:49 | 1123199 Catullus
Catullus's picture

Santelli Blood!

Thu, 03/31/2011 - 19:42 | 1123393 Rahm
Rahm's picture

Double or Nothing bitches!

Thu, 03/31/2011 - 20:08 | 1123469 Herd Redirectio...
Herd Redirection Committee's picture

Santelli is awesome.  I don't know how he has maintained his sanity this long!

Check out the Capital Research Institute "Don't Trust the Frontmen":

http://www.capitalresearchinstitute.org

Hyperinflation is the manifestation of everyone coming to the same conclusion, at the same time, that the corporation we lovingly refer to as the United States Government is bankrupt. Now to the point. Today the G20 met.

At the forefront is the issue of world reserve currency, as the global economic system hinges on it. China sees the Fed printing money, and in general making the rules up as it goes along, and of course, they want to be able to do the same. Who wouldn’t want to be able to print their own money, and make up the rules as they go along??? Unfortunately, that is no basis for a global economic system, as it would quickly degenerate into a world awash with dozens of useless and devalued fiat currencies...

Thu, 03/31/2011 - 21:43 | 1123735 bothsidesnow
bothsidesnow's picture

What do you mean he is the only sane one on CNBC!

Thu, 03/31/2011 - 21:58 | 1123790 Michael
Michael's picture

I think I figured out the problem with CNBC and the MSM.  All the reporters are international banking cartel employees, except for Rick Santelli.

 

Thu, 03/31/2011 - 23:14 | 1123932 DavidPierre
DavidPierre's picture

Just turn that shit off !

G. Edward Griffin

http://radio.goldseek.com/nuggets.php

Thu, 03/31/2011 - 23:20 | 1123943 Michael
Michael's picture

Mainstream media opinionated reporters  and NWO people are the new "Fags".

Obama is a fag too.

Thu, 03/31/2011 - 23:28 | 1123965 TBT or not TBT
TBT or not TBT's picture

Film Actors Guild ?

Thu, 03/31/2011 - 23:31 | 1123970 Michael
Michael's picture

Annoying stupid opinionated piece of shit = Fag.

Fri, 04/01/2011 - 00:40 | 1124129 DollarMenu
DollarMenu's picture

Don't forget superficial and useless.

Also, many don't yet understand that "fag" is genderless.

Fri, 04/01/2011 - 00:49 | 1124139 lincolnsteffens
lincolnsteffens's picture

"Me thinks the lady doth protest too much" Michael, I think you're the fag.  You always have to put on the shit kicker boots with this big tough macho manipulated pea brained act of yours. You are one miserable Neanderthal. 

Fri, 04/01/2011 - 06:44 | 1124365 bigelkhorn
bigelkhorn's picture

I think alot of people are over sentelli and his antics. I mean he comes across as being against wall street but works with them, and probably has a coffee with the criminals. 

lot of people think we are doomed, but there are still great ways to make money. Even while the economy is collapsing around us.

I subscribe to the guy from australia and his FFT economic newsletter at http://www.forecastfortomorrow.com  that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) I found him from a friend last year, and he has some important work.

His oil calls are insane, and I have been making good money with them. He has been crusing the market with this videos lately too. He is well worth a look, if you want to keep two steps ahead of the sheeple out there.

I am now crossign santelli off my list. Oh well :(

Thu, 03/31/2011 - 20:36 | 1123549 SheHunter
SheHunter's picture

Another talking (shouting) head.  He was given the bad-boy label by cnbs and plays his part well.   He's fun in a quick-vent kind of way.

Thu, 03/31/2011 - 21:23 | 1123678 TheMerryPrankster
TheMerryPrankster's picture

Santelli = useful tool for the appearance of diversity in media by the gatekeepers. His salary and his appearance depend on the mercies of his corporate owner GE, when they no longer find him useful, another tool shall appear in his place. The line is endless for compliant souls wishing to shill in the corporate media.

The Department of Labor should be immediately renamed, The Department of Irony, they toil to compile the data on those who don't toil.

Thu, 03/31/2011 - 22:04 | 1123793 suldog
suldog's picture

Actually, when he goes over the top and harms their perception of professionalism (as opposed to propaganda-peddling), he'll be run out on a rail like Ratigan.  

Note, however, who pays Ratigan still.  No different than Red vs Blue from the minds of  most of the simpletons targeted by the media.  So, they'll just have him on a different channel.

For those who know what's going on however, Santelli is dead-on right.  His message won't change no matter who is paying him.

Thu, 03/31/2011 - 22:06 | 1123800 wisefool
wisefool's picture

+1. Keep on trying to disprove that negative son, like the jackwagon, retired at 42 years old former cheif economist of the US department of Labor on CNBC this morning.

Now for retort: We should end the fed, but before we do, we should give them the chance they are specifically asking for first: End the dual mandate (dont matter which one you drop) and then see where the current crop of crony capitolists vacation at. I bet it aint in Ben's SAT score.

Thu, 03/31/2011 - 23:00 | 1123913 unununium
unununium's picture

Not everything is gamed and prevaricated.  There is such a thing as the truth.  And Santelli is telling it.

Thu, 03/31/2011 - 23:42 | 1124010 Founders Keeper
Founders Keeper's picture

[Not everything is gamed and prevaricated.  There is such a thing as the truth.  And Santelli is telling it.]---unununium

Unununium, don't waste your time responding to knucklehead posts like TheMerryPrankster's above.

Rather, I'm sure you have smart insightful posts that inform and enrich the community here. 

Best wishes.

Oh...and high-five Santelli!

 

Fri, 04/01/2011 - 00:37 | 1124120 TheMerryPrankster
TheMerryPrankster's picture

I don't mean to belittle Santelli personally or to discredit what he said. I think there is a great deal of truth in what he said. I just want to point out that he is a man in a box and he is only allowed to say so much and if he says too much another man in a box will replace him and the game goes on.

It should be apparent how little truth is broadcast, that we cherish such gems as these. It proves the hypothesis that 99% of the live is controlled and of course all the tape.  The power structure abhors those who stray too far off the reservation and will quickly turn on those they once treated as brother.

Santelli's probably a good guy in a shitty spot, defending the truth for a corporation that wipes their ass with it.

Fri, 04/01/2011 - 01:18 | 1124180 Founders Keeper
Founders Keeper's picture

[I don't mean to belittle Santelli personally...]---TheMerryPrankster

Hi Prankster. I appreciate your thoughtful Reply. (I'm glad you discerned my post above did not imply you are a "knucklehead." I was disparaging only the post. Nothing personal.)

The only time I un-mute tv while cnbc is on is when I see Santelli. I'm always anxious to see how far Santelli will go. He puts his cnbc contract on the line every time he opens his mouth. I like that. 

Santelli and I don't agree on everything, but I hold him in high regard. And will always remember his "rant heard 'round the world" as giving birth to the Tea Party.

Let it rip Rick!

 

Thu, 03/31/2011 - 22:26 | 1123813 SparkyvonBellagio
SparkyvonBellagio's picture

WINNING : Ron Paul / Rick Santelli 2012

Thu, 03/31/2011 - 22:42 | 1123873 Ras Bongo
Ras Bongo's picture

and Mr. Tyler Durden as the Secretary for the Department of Thruth

Thu, 03/31/2011 - 23:07 | 1123923 SparkyvonBellagio
SparkyvonBellagio's picture

Tyler Durden by name at ZH doesn't exist. Few know whom he/she really is.

Fri, 04/01/2011 - 00:09 | 1124075 Agent P
Agent P's picture

they

Thu, 03/31/2011 - 23:33 | 1123982 YouBetYourLife
YouBetYourLife's picture

That's a Dream team - literally.  The press didn't give Ron Paul the time of day in 2008, and wouldn't be likely to do so in 2012.  And I can't see Santelli agreeing to be part of the bureaucracy, despite the honor.

The Republicans need a media-savvy candidate to go against media-savvy Obama. or at least one that the media seems interested in following. McCain was a tired dud, which is why Palin became the only story. 

The GOP/Tea Partyers have only two choices in 2012:  Chris Christie and Donald Trump.  No one else will register on the media's Richter scale. Christie has repeatedly said he won't run. If that holds true, then Trump is the only one who has a chance of beating Obama, given Obama's advantage with the media.

You might say "Trump ?!?!?!?"  But really, is it so in inconceivable?  Ronald Reagan - a "mere actor" - won in a landslide against Carter, who is often compared to Obama.  Trump is a proven executive, with sharp negotioating skills and someone who is entirely comfortable in front of the cameras. He can delegate authority; he has flair; he commands attention; he consumes the oxygen in the room. He'd be a great candidate against Obama in the media-driven campaign of 2012.

Yeah, I know.  What about governmental experience?  Well, what about it? The government is really just a large organization whose prima donnas have competing personal interests.  Trump understands how to stroke and cajole these people, to get what he wants. And he is not phased by the Rich & Famous (which is half of the Senate).

Trump is resonating with those in the country who want someone who isn't afraid to mix it up, and who can stare down his competition, whether it be foreign or domestic. And he understands finance - in a  real-world sense - better than any other candidate, period, including Mitt Romney of Bain Capital fame.

I say keep an eye on The Donald. 

Fri, 04/01/2011 - 00:00 | 1124047 zaphod
zaphod's picture

"The Republicans need a media-savvy candidate "

 

The fact that your comment is 100% true leads to the conclusion that the US is screwed. A republic is only as strong as it's people. Since the US has become a nation of Jersey Shore watching sheeple and can't come to sound independent conclusions anymore, the system is screwed. People will vote for endless money printing and then throw a fit when their savings blow up and there's no more free money.

 

 

Fri, 04/01/2011 - 00:48 | 1124131 Harlequin001
Harlequin001's picture

You guys talk as if this is a US problem and therefore the US can provide a viable solution, it cannot...

Nothing the US can do will stop China or anyone else printing money.

The only solution can be for Fx rates to be conducted once again in gold. Only that can force the discipline on a global system gone amok, and that is not for the US alone to decide.

Fri, 04/01/2011 - 03:06 | 1124277 zhandax
zhandax's picture

including Mitt Romney of Bain Capital fame

Kevin Rollins was also of Bain Capital fame.  Remember how well that worked out for Dell?  Explains why TPTB love Romney and why everyone else should run like hell.

Fri, 04/01/2011 - 01:19 | 1124079 Founders Keeper
Founders Keeper's picture

[The GOP/Tea Partyers have only two choices in 2012:  Chris Christie and Donald Trump.]---YouBetYourLife

IMO Trump is not a Tea Partier's candidate. To date, I am not convinced he has a firm grasp of and embraces the founding principles of our nation. 

But, he's a hoot to listen to. Refreshingly forthright, outspoken, and unafraid.

 

Fri, 04/01/2011 - 02:40 | 1124250 rich_wicks
rich_wicks's picture

The Republicans need a media-savvy candidate to go against media-savvy Obama. or at least one that the media seems interested in following.

Oh come on.  You're acting as if this is the fault of Ron Paul not being "media savy".  He's unelectable because the people who really on this country, don't want him elected and they run the media.

All the candidates that were possibilities (according to the media) in the last election during the primaries, were all but identical.  The truly honest politicians, Mike Gravel and Ron Paul were immediately labelled insane, and shunned by both their parties, and the media.  It will always happen.  We do not chose our elected officials anymore - we haven't for a while.

Fri, 04/01/2011 - 06:58 | 1124369 gordengeko
gordengeko's picture

Am I the only one to remember santelli ranting live on air on all of the middle class people that foreclosed on their houses?  Calling them losers and the rich shouldn't have to pay for their defaults?  Or does he now have a change of heart and is for the little person now?  (rolling eyes)

Thu, 03/31/2011 - 18:46 | 1123191 CitizenPete
CitizenPete's picture

Video at 11?

Thu, 03/31/2011 - 20:47 | 1123586 LMAOLORI
Thu, 03/31/2011 - 21:41 | 1123730 Reese Bobby
Reese Bobby's picture

I am glad Rick Santelli is on CNBC.  I hope his lovely daughter has a happy life that doesn't involve stealing other people's money like the average banker whore.  I junk you because nobody should talk about a man's daughter.  Well that and I hate internet acronyms.

Thu, 03/31/2011 - 18:48 | 1123193 hambone
hambone's picture

So strange to see a moment of honesty, particularly from CNBC - bitchezzzzzzzzzzzzzzzzzz

Fri, 04/01/2011 - 00:24 | 1124082 Oh regional Indian
Oh regional Indian's picture

Not really honesty hambone. Artfully crafted opposition to the doublespeak is all. He is a shill, one with an arresting and convincing style.

Anyone who watches th etube thinking they are so "awake" that they are beyond programming is kidding themselves. It si after all called programming for good reason.

Seriously, step one to being free of control mechanisms is to throw out the tube, baby, bathwarter and all. It's an addiction, plain and simpel and a damaging one at that.

ORI

http://aadivaahan.wordpress.com/2011/03/31/on-cue-goombye-truth-hello-sweet-lie/

 

 

Fri, 04/01/2011 - 00:50 | 1124138 TheMerryPrankster
TheMerryPrankster's picture

Turn off, tune out, drop in, to paraphrase Timothy Leary. When tv went digital, I said bye bye, here's my chance to jump off the stupid train. So I did.

It does one good to stand outside the bullshit stream and watch it go bye. I see the flurries of news releases over what happened on a television show and I'm not even tempted to see what they are about.

I enjoy a good movie, a book or surf the web. Tv's a losing game, all it wants is all your time everytime forever. TV wants to sell you a way of life and you need to buy whatever they are selling to get that way of life be it a commercial, a "program", the news or a fricking political speech.

Once we were different and better for it, now they want us to all be the same and blind, deaf and dumb oh and poor seems to be on that list of goals for us. Notice how were not citizens anymore, now we are all only consumers.

America, Inc, doesn't want educated citizens it wants programmed consumers and TV is the tool of choice for America,Inc.

Fri, 04/01/2011 - 01:11 | 1124173 Oh regional Indian
Oh regional Indian's picture

Well said all around Merry One. I'm with you. A decade now of Zero TV (except in a hotel on Biz trips, but now, not even that).

Right there with you. Feels awesome.

ORI

Fri, 04/01/2011 - 02:08 | 1124224 nyse
nyse's picture

Exactly.

Thu, 03/31/2011 - 18:49 | 1123200 Budd Fox
Budd Fox's picture

Can't see it. Ministry of Truth editing it already???

 

Thu, 03/31/2011 - 19:06 | 1123243 NotApplicable
NotApplicable's picture

I was just able to watch it.

Besides, they don't have to edit it, since they don't have any viewers anymore.

 

Thu, 03/31/2011 - 19:35 | 1123357 rocker
rocker's picture

Kermit's smile at the end is priceless. What a scumbag. Did Kermit say he has to KILL some guest ?

Thu, 03/31/2011 - 18:52 | 1123201 max2205
max2205's picture

And what the fuck is this shit fucking all about

AT&T and Verizon Received Retiree Health Subsidies, U.S. Says
By Alex Wayne and Drew Armstrong - Mar 31, 2011 5:35 PM ET

inShare
1More Print Email
The U.S. government gave companies including Verizon Communications Inc. (VZ) and AT&T Inc. (T) and union groups such as the United Auto Workers $1.8 billion to pay for retirees’ health care costs under the 2010 health law, according to U.S. report on the program.

To contact the reporters on this story: Alex Wayne in Washington at awayne3@bloomberg.net; Drew Armstrong in Washington at darmstrong17@bloomberg.net;

To contact the editor responsible for this story: Adriel Bettelheim at abettelheim@bloomberg.net.

Thu, 03/31/2011 - 19:12 | 1123261 Infinite QE
Infinite QE's picture

Targeted tsunamis are the only answer. Wash all of DC into the Potomac.

Thu, 03/31/2011 - 19:14 | 1123283 I think I need ...
I think I need to buy a gun's picture

I will tell you what did you see some of those tsunami waves they looked like a dorney park wave pool on a bigger scale that whole thing was done intentionally

Thu, 03/31/2011 - 23:04 | 1123919 unununium
unununium's picture

I admit to wondering about the exact whereabouts of CVN 76 (USS Ronald Reagan) vis a vis the epicenter at the time of the big seismic event.

Thu, 03/31/2011 - 23:29 | 1123967 Glass Steagall
Glass Steagall's picture

HAARP, Bitchez!

Fri, 04/01/2011 - 00:53 | 1124147 Harlequin001
Harlequin001's picture

one too many armageddon movies I think...

Fri, 04/01/2011 - 01:32 | 1124197 Selah
Selah's picture

 

She was far away, since you are wondering.

I admit to wondering why you wonder. There are literally hundreds of teenage kids on that vessel with facebook, cellphones, and other means of communication that would let you know if you should be concerned. You should be concerned if there were stories about how parents couldn't get in touch with their sailors...

 

Thu, 03/31/2011 - 19:18 | 1123299 I think I need ...
I think I need to buy a gun's picture

they better not be doing this shit.....I want my benefits........

Thu, 03/31/2011 - 19:21 | 1123306 cosmictrainwreck
cosmictrainwreck's picture

Oh, yeah, there's several hundred (1000's?) of entities granted exemptions - including states, but direct payola is another twist, huh? An excellent metric for really good legislation: number of "exemptions", contorted maneuvers, potential lawsuits and the like. This abortion is rated AAA.

Thu, 03/31/2011 - 20:09 | 1123472 Translational Lift
Translational Lift's picture

"And what the fuck is this shit fucking all about"

You mean no one has asked you to bend over....yet??  They WILL....They WILL!!

You...the taxpayer are through the largess of our POTUS are paying for their Retiree Health Subsidies. 

How is YOUR retirement plan coming along??

 

Fri, 04/01/2011 - 00:56 | 1124150 Harlequin001
Harlequin001's picture

and, it would appear, the odd Libyan bank to boot!

Thu, 03/31/2011 - 18:53 | 1123209 Instant Karma
Instant Karma's picture

Inflation is 2%---a week.

 

Thu, 03/31/2011 - 18:58 | 1123218 monopoly
monopoly's picture

Santelli is the best. Santelli, Diana Glick and Tyler. What a combination.

Thu, 03/31/2011 - 20:09 | 1123426 Zero Govt
Zero Govt's picture

it is ironic that Santelli comes across as a loon who's losing it on CNBC ...while Bernank, Dimon, Blankfein, Geithner et al come across as calm, intelligent and authoritive sitting on top of a totally insolvent ponzi scheme

those with a firm grasp of reality like Santelli, Faber, Schiff and Paul are increasingly losing their tempers and pulling their hair out over the absolute insanity of our crumbling banking and political systems while the truly insane delusional fukers are as cool as cucumbers

the loonatics have taken over the asylum... did anyone mention the loons would be on best behaviour in the asylum and drive everyone sane absolutely fuking nuts?!!!


Thu, 03/31/2011 - 22:18 | 1123817 Natasha Fatale
Natasha Fatale's picture

It's true, we're in 'One Flew Over the Cuckoo's Nest' territory these days. 

Nurse Ratched: "If Mr. McMurphy doesn't want to take his medication orally, I'm sure we can arrange that he can have it some other way. But I don't think that he would like it." 

Thu, 03/31/2011 - 19:00 | 1123225 Dagny Taggart
Dagny Taggart's picture

...animal spirits coming for Rick Santelli? I hope he didn't mean in a hot tub kinda way.

Thu, 03/31/2011 - 19:09 | 1123253 NotApplicable
NotApplicable's picture

Probably meant more of a Howard Beale type of animal spirits.

I loved it when he tossed the papers over his head. It was a classic "WTF is this shit?" move.

Thu, 03/31/2011 - 19:43 | 1123390 Sizzurp
Sizzurp's picture

After awhile the whole system becomes so absurd as to become a farce, a parody of itself.  We have reached that point.  From here on out, I can only laugh at the idiots steering the ship into the rocks.  I think Santelli has reached that point, as has just about every ZH'er.

Thu, 03/31/2011 - 20:17 | 1123496 Jay Gould Esq.
Jay Gould Esq.'s picture

+1

Thu, 03/31/2011 - 21:32 | 1123703 TheMerryPrankster
TheMerryPrankster's picture

After awhile it becomes apparent that the plan is there is no plan. Everybody keeps doing their same routine day after day to give a patina of reality to what is actually endless chaos.

 

We exist in the shadow of disaster and lament the shade without ever noticing its cause.

Fri, 04/01/2011 - 00:21 | 1124102 Founders Keeper
Founders Keeper's picture

[After awhile it becomes apparent...]---TheMerryPrankster

Now that's a good post. Thanks, Prankster.

 

Fri, 04/01/2011 - 03:49 | 1124284 baby_BLYTHE
baby_BLYTHE's picture

I hope you guys aren't giving up! The banksters are crooks. TBTF must go! Zirp must end! Repeal legal tender laws, etc!

Fri, 04/01/2011 - 13:40 | 1125689 TheMerryPrankster
TheMerryPrankster's picture

Give up? Never. But one of the few tools for bottom up change is to choose not to participate as much as possible in their corrupt rigged system. These guys on top have gotten so greedy their avarice has made them transparent to anyone who cares to look.

Hank Pauslon's 1 page 12 points "agreement" for bailing out the banks is a prime example. The CEO of Goldman Sachs, swaps thrones and become Secretary of the Treasury and then bails out his cronies with tax payer money. Unprecedented looting of the treasury on a scale that would make Bernie Madoff puke, Madoff goes to jail and his son commits suicide,  Paulson makes 600 million tax free on his sale of Goldman stock and retires to fly fishing and paradise.

These fuckers are bold, I'll say that for them. All money is their money and you are only holding it until they can get it back again.

A system this corrupt is likely to be unrepairable, only a new system will do. Jefferson and Franklin knew it and they knew it had to be done, for the worst that could happen is to be stuck with the old corrupt system.

We closed our eyes and liberty was stolen, a way of life was gone. Give up? No, but explore alternatives for this system cannot sustain itself,  as is obvious if one looks at the true economic picture.

Thu, 03/31/2011 - 21:40 | 1123724 JLee2027
JLee2027's picture

+2

Thu, 03/31/2011 - 19:03 | 1123232 TooBearish
TooBearish's picture

FTMFW - was this means for me, the unwashed....thanks

Fri, 04/01/2011 - 00:35 | 1124117 defender
defender's picture

i beleive it means "for the mother f$^*ing win"

Thu, 03/31/2011 - 19:04 | 1123237 Silver Surfer 1985
Silver Surfer 1985's picture

Rick, you like Randy Couture, are my 'Hero'! You rule...............

Thu, 03/31/2011 - 19:06 | 1123242 tony bonn
tony bonn's picture

did someone mention alan blinder? the arrogant asshole extraordinaire who declared to america on national television in the 1990s as vice chairman of the federal reserve that "it is the last duty of a central banker to tell the american people the truth."

yes, folks, you can turn over the management of your money to fucking assholes who will tell you whatever bullshit they feel is appropriate for you swallow.....yum yum

Thu, 03/31/2011 - 19:12 | 1123271 Jay Gould Esq.
Jay Gould Esq.'s picture

What is it with Blinder and that annoying twitch ? The guy exhibits more facial contortions than Chief Inspector Dreyfus. Load him up with Tourette meds and be done with it. The man is painfully unlistenable and completely unwatchable.

Thu, 03/31/2011 - 19:18 | 1123287 Bay of Pigs
Bay of Pigs's picture

Whoop, whoop...oh boy, blink....whoop....oh boy, blink...

It is distracting isn't it?

Thu, 03/31/2011 - 20:08 | 1123309 Jay Gould Esq.
Jay Gould Esq.'s picture

Bay of Pigs, I'm laughing as I picture it.

+1

Thu, 03/31/2011 - 19:08 | 1123249 Jay Gould Esq.
Jay Gould Esq.'s picture

Santelli is god. Enshrine this dude in the the Fight Club Pantheon or Valhalla -- or both. The man has that refreshing knack of always being able to put a run in Liesman's stocking.

Thu, 03/31/2011 - 19:15 | 1123280 NotApplicable
NotApplicable's picture

Which is why Liesman never lets him finish a sentence (without having to shout over the top of him). I swear, other than Joe, nobody ever gives him time to complete a thought.

Santelli still feels like controlled opposition though, front-running the next chapter of the Kochtopus Tales (ala "The Rant Heard 'Round the World").

That said, other than Diana Olick, he is the only reporter there worth listening to.

Thu, 03/31/2011 - 19:25 | 1123336 Jay Gould Esq.
Jay Gould Esq.'s picture

Absolutely right. I'm frankly surprised Rick hasn't jumped ship like Charlie G. did, by now. Santelli worked the pits his entire career; he offers commentary from the perspective of a professional -- not from the perspective of a "journalist." Definitely worth listening to.

Thu, 03/31/2011 - 19:54 | 1123424 wisefool
wisefool's picture

Rick and Charlie are not even close to the top of the pantheion. CNBC runs a segment every friday afternoon with a dude that could sell tobacco to himself. Much less a bunch of taxpayers.

Thu, 03/31/2011 - 20:29 | 1123532 Freewheelin Franklin
Thu, 03/31/2011 - 20:46 | 1123576 Dagny Taggart
Dagny Taggart's picture

Gasparino was arguing with Lew Rockwell on the Judge's show yesterday, but I can't find a link. I think Chas skipped the Austrian Economics stuff on his way to the Street?

Thu, 03/31/2011 - 20:49 | 1123581 Don Birnam
Don Birnam's picture

Name one of these network types who is not.

That said, Gasparino was one of two on CNBC ( Santelli being the other ) who could tie Liesman's Speedos in a surgeon's knot.

Thu, 03/31/2011 - 23:23 | 1123956 ThirdCoastSurfer
ThirdCoastSurfer's picture

Wow, I saw it totally differently. 

 

To me, Joe slammed Rick. He asked the guest if he was a "CNBC contributor" who could then say whatever he wanted like someone who is tenured, which I took to refer to Rick's rant which Joe clearly didn't agree with> Joe's open disdain then caused Rick's comment regarding Ivy League education (which Joe has) but I must have read too much into it. Still, Joe seems to have stepped up his defense of the "right to wealth" and is becoming increasing agitated at anyone who attempts to create a case against increased taxation of the wealthy because he lives in Jersey and is probably getting it at home with the double barrels of less service and higher tax under Gov Christie. 

 

Sat, 04/02/2011 - 13:55 | 1128115 ShittyLipsMcCra...
ShittyLipsMcCrapStain's picture

Fuck Joe. He's a fucking douchebag who deserves to die in a car fire on the NJ Turnpike.

Thu, 03/31/2011 - 19:08 | 1123255 Infinite QE
Infinite QE's picture

Santelli/Paul in 2012. Send Obama back to Kenya!

Thu, 03/31/2011 - 19:15 | 1123284 Infinite QE
Infinite QE's picture

Maybe Spalding can crank out some Santelli/Paul T-shirts!

Thu, 03/31/2011 - 22:10 | 1123804 jomama
jomama's picture

don't encourage that nimrod

Thu, 03/31/2011 - 19:19 | 1123305 Big Corked Boots
Big Corked Boots's picture

+1 although I would prefer Paul/Santelli. Experience matters.

BLS reminds me of the line in the movie version of 1984 - "Miniprod reports no cut in 25g choco ration" when everyone was getting 30 per month.

Thu, 03/31/2011 - 20:20 | 1123505 Infinite QE
Infinite QE's picture

I'd take them either way. We need someone capable of ripping Bernanke's throat out.

Thu, 03/31/2011 - 20:49 | 1123587 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

We need someone capable of ripping Bernanke's throat out.

That is why I am writing in Ventura/Piper '12.

Thu, 03/31/2011 - 21:35 | 1123718 TheMerryPrankster
TheMerryPrankster's picture

Rowdy Roddy Piper?

http://www.youtube.com/watch?v=7Lwlx3GnLGs

They Live - Obey, Consume, This is your God
Fri, 04/01/2011 - 01:07 | 1124167 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Yes.  He will make Joe Biden look like an ass servant.  Oh wait, he is.

Thu, 03/31/2011 - 22:13 | 1123809 suldog
suldog's picture

Coming to a livestream near you in May - wait til Ron gets Bernanke in front of him with the Libyan bank at the discount window sh*t.  :)

Thu, 03/31/2011 - 23:18 | 1123944 rebeltraders
rebeltraders's picture

{Send Obama back to Kenya!}

 

+1000000000000

Thu, 03/31/2011 - 19:09 | 1123258 Racer
Racer's picture

Idiocracy is here right now

Thu, 03/31/2011 - 20:48 | 1123583 LongSoupLine
LongSoupLine's picture

"Brondo...its got electrolytes."

Thu, 03/31/2011 - 19:12 | 1123260 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

I want the sloppy-mouthed, no chin, fool on the right to say "sufferin succotash"... just once, please.

Thu, 03/31/2011 - 19:18 | 1123302 NotApplicable
NotApplicable's picture

It was funny the way he seemingly stared off into space. My guess is that he was watching a monitor instead of looking at the camera, but it made him look completely aloof.

Thu, 03/31/2011 - 19:22 | 1123322 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Yeah, he was reading the auto-cue like a good little sloppy mouthed puppet... making sure he got his masters' message across loud and clear, in a sloppy mouthed way, to the sheep.

http://www.youtube.com/watch?v=qtd7o9x5uN0

Thu, 03/31/2011 - 21:11 | 1123653 Atomizer
Atomizer's picture

Funkyboy, my first priority is the United State of America. You are indeed an ally.

Nice video BTW. You need to go back further, the year is 2007.

Doublespeak 101

http://www.youtube.com/watch?v=Br31mdP8-Ug

Then in July of 2010, Harper made this announcement.

http://www.youtube.com/watch?v=ULDB4k-z5u0

I don't follow Canadian politics actively. All puppets get replaced, but the agenda will carry on.

Thu, 03/31/2011 - 21:50 | 1123752 TheMerryPrankster
TheMerryPrankster's picture

I always wait for Senator Lieberman to say "exit stage right" as he seems to be Snagglepuss  incarnate.

http://www.youtube.com/watch?v=k4qFxTTi8q0

Thu, 03/31/2011 - 19:11 | 1123266 Homey Da Clown
Homey Da Clown's picture

First post on ZH.  To give you some background, I had a financial radio show about a decade ago for several years. I interviewed one of the hosts of CNBC about the markets in 1999. He gave me the usual BS about BTFD and NASDAQ 5000 was nothing to  be worried about........ went on for about 30 minutes.  My last question was that I  asked what he was doing with his own money.

Then he proceeded to tell me how most of his  money was in CD's and T-bills.

Thu, 03/31/2011 - 19:15 | 1123290 Jay Gould Esq.
Jay Gould Esq.'s picture

Welcome to Fight Club, Homey.

I'll go a sawbuck that the solon in question was Mark Haines. You must have caught him between naps.

Thu, 03/31/2011 - 19:30 | 1123349 FOC 1183
FOC 1183's picture

Is there a between naps?

Thu, 03/31/2011 - 20:44 | 1123573 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Hot tubbin'.

Thu, 03/31/2011 - 22:18 | 1123822 FOC 1183
FOC 1183's picture

Good point

Thu, 03/31/2011 - 22:19 | 1123823 FOC 1183
FOC 1183's picture

Duplicate

Thu, 03/31/2011 - 20:23 | 1123508 Atomizer
Atomizer's picture

Welcome & remember.. homey don't play dat!

Thu, 03/31/2011 - 23:56 | 1124043 RockyRacoon
RockyRacoon's picture

Lookin' like he do play dat.  Looking forward to more.

Thu, 03/31/2011 - 20:49 | 1123592 LongSoupLine
LongSoupLine's picture

Welcome Homey.  Your 1st post is an A+!

Thu, 03/31/2011 - 22:45 | 1123875 Homey Da Clown
Homey Da Clown's picture

Thanks gents. In over 30 years of being in the business, I have never seen such a corrupt market and system as we have now. Oh sure,everyone knew the game was rigged even in the old days, but not to this degree. They simply make up new rules as they go and outright lie to your face. There is no sense of integrity anywhere in the financial field or government.

I truly do feel sad for the next generation as they will not have the same quality of life due to our generation's selfishness.

Thu, 03/31/2011 - 23:59 | 1124049 RockyRacoon
RockyRacoon's picture

Sadly these guys are setting the examples of lawlessness.  We'll have a whole social culture of greed instead of just enduring it in Congress and Wall Street.

Fri, 04/01/2011 - 00:26 | 1124106 OldPhart
OldPhart's picture

You mean we're not "enduring" Congress and Wall Street?  What am I doing wrong?

Fri, 04/01/2011 - 01:19 | 1124183 lincolnsteffens
lincolnsteffens's picture

Homey you get 3 gold stars. Even Nixon, Agnew era as bad as it was can't top this current bunch of market manipulators holding hands with their political buddies.

Fri, 04/01/2011 - 01:39 | 1124203 Founders Keeper
Founders Keeper's picture

[Thanks gents. In over 30 years of being in the business, I have never seen...]---Homey Da Clown

Welcome, Homey. Nice first posts!

30 years experience in the biz will add some perspective to the threads. As I'm sure you've noted, we have a lot of younger posters here who lose their heads every time another joker is caught with their hand in the cookie jar.

There will always be "jokers." The greater problems are found in the system itself. What is limited and what is not limited.

 

 

Fri, 04/01/2011 - 01:50 | 1124213 laughing_swordfish
laughing_swordfish's picture

Welome to da Hood Bro

Thu, 03/31/2011 - 19:12 | 1123273 assumptionblindness
assumptionblindness's picture

We know you are a ZH reader, Rick.  Keep up the good fight.

Thu, 03/31/2011 - 20:12 | 1123483 NOTW777
NOTW777's picture

amen brother

Thu, 03/31/2011 - 19:13 | 1123276 Goldenballs
Goldenballs's picture

Santelli - a national treasure.

Thu, 03/31/2011 - 19:15 | 1123288 drchris
drchris's picture

Rick is my hero.  Stu Hoffman looks like he's taking a big dip on a rollercoaster.

Thu, 03/31/2011 - 19:20 | 1123294 slewie the pi-rat
slewie the pi-rat's picture

before i finished reading what was on the Main Page i was laughing so hard i hurt myself when i saw rick zantelli's pic with the "chart" w/ the red arrows!  no idea of any of the other content here, just wanted to say thanks to tyler for the great presentation.  thanks!

Thu, 03/31/2011 - 19:30 | 1123346 cosmictrainwreck
cosmictrainwreck's picture

great snap-shot, ain't it? would like to see a few dozen of the mystical 535 under the capitol dome exhibit such "moments of zen" ha! [not holding my breath]

Thu, 03/31/2011 - 19:22 | 1123301 virgilcaine
virgilcaine's picture

Runaway Inflation then Crash.. Stue Hoffman looks constipated.

Thu, 03/31/2011 - 19:23 | 1123317 AN0NYM0US
AN0NYM0US's picture
GE chief backs Obama’s call for overhaul of tax system

By Stephanie Kirchgaessner in Washington

Published: March 31 2011 21:40 | Last updated: March 31 2011 21:40

Jeff Immelt, chairman and chief executive, endorsed an overhaul of the US tax system that would end special loopholes in exchange for an overall decline in the corporate rate

 

http://on.ft.com/hgRKSO

Thu, 03/31/2011 - 19:38 | 1123369 Homey Da Clown
Homey Da Clown's picture

snort...."end special loopholes in exchange for an overall decline in the corporate rate."

Because GE paid how much in taxes for 2010 again?

 

 

 

 

Thu, 03/31/2011 - 21:19 | 1123663 wisefool
wisefool's picture

GE pays for *NBC, most of CNN/Fox and all of the non-news cable networks suitible for a young unemployed man to drink beer, smoke cigarettes, learn about pawn shops, captian kangaroo and viagra, while at the same time not having to feel small because you have no idea what type of "whine" you'd need to bring to a dinner date with "snooky" and her kids.

Fri, 04/01/2011 - 01:25 | 1124190 lincolnsteffens
lincolnsteffens's picture

The tax system doesn't need to be overhauled. That would take ten years of committees, review panels, statisticians, tax lawyers, reform Czars.....

Dump the whole rotten special interest twisted crap. Three pages max for an efficient simple way of collecting taxes.

Thu, 03/31/2011 - 20:09 | 1123476 NOTW777
NOTW777's picture

hilarious. what type of tax overhaul?  if you contribute to obama like GE not only dont you pay taxes, your officers will be given high profile WH positions and get lucrative gov Ks

Thu, 03/31/2011 - 19:32 | 1123350 hambone
hambone's picture

Rick is the next best thing to an honest to goodness ZH poster getting on CNBC and going off - imagine any of half the posters (minus Smailes, Wanger...could actually go w/ Robo though) w/ a chance to call out the hypocrisy, the greed, the impending grave danger we face...but alas, Rick does more than I imagine the overlords truly allow.

Thu, 03/31/2011 - 19:50 | 1123411 Yen Cross
Yen Cross's picture

I watched Santelli this morning. For unemployment numbers, and he was just fine! Rick kicks ass! If Frankenstein spent less time sucking up to Tom Watson's(golf book) ideas the day before, and payed attention, I would pay attention to his squawk!!!

Thu, 03/31/2011 - 19:52 | 1123412 Eireann go Brach
Eireann go Brach's picture

Have not seen the Harry "fucking" Wanker post on here in a while, maybe he got a job as a janitor at CNBC licking Joe's and Liesmans's balls between breaks!

Thu, 03/31/2011 - 19:51 | 1123414 Savonarola
Savonarola's picture

Rick's one tough hombre.

Betcha he's got a tattoo.

Thu, 03/31/2011 - 19:52 | 1123418 ml8ml8
ml8ml8's picture

I would really like to see "Wolfman" get a guest speaker slot on Squawk and hear what that cat has to say.

Thu, 03/31/2011 - 22:16 | 1123818 SheHunter
SheHunter's picture

Oh yeah.  I used to turn the volumn back up when he appeared with Santelli.  "course its nice to just look at him too...

Thu, 03/31/2011 - 20:00 | 1123437 bugs_
bugs_'s picture

Yes Rick you rule.  Thanks for what you do.

Thu, 03/31/2011 - 20:02 | 1123448 10044
10044's picture

they pulled the video, no longer available.... damn i missed it

Thu, 03/31/2011 - 20:09 | 1123465 NOTW777
NOTW777's picture

yea santelli - keep telling the truth

Thu, 03/31/2011 - 20:10 | 1123473 prophet
prophet's picture

Tea Party Senator from IL

Thu, 03/31/2011 - 21:20 | 1123664 Yen Cross
Yen Cross's picture

OHH Mighty one. A state Senator? Enlighten Me! NOW!

Fri, 04/01/2011 - 07:50 | 1124397 prophet
prophet's picture

... mighty not so much my deal, 

imagining the probable possibilities and sharing them against the predictions and projections in a quest to arrive at the preferable

is more my line ...

Thu, 03/31/2011 - 20:19 | 1123504 digalert
digalert's picture

Rick needs a bong hit to deal with those CNBS clowns.

Thu, 03/31/2011 - 20:23 | 1123510 iota
iota's picture

I'd vote for Rick.

Thu, 03/31/2011 - 20:24 | 1123518 AmazingLarry
AmazingLarry's picture

Vid here if you can't see it above: http://www.cnbc.com/id/15840232/?video=3000014040

Rick goes apeshit over the fuckery. Bravo!

Thu, 03/31/2011 - 20:33 | 1123536 PulauHantu29
PulauHantu29's picture

Prepare for QE3. Buy gold, PALL and USO.

Here is Faber on Bloomberg on the economy, March 30, 2011:

http://www.bloomberg.com/video/68175846/

GL!

Thu, 03/31/2011 - 21:55 | 1123776 Reese Bobby
Reese Bobby's picture

JP Morgan is PALL's custodian.  You might want to read the fine print regarding that.  You may find it is domiciled in the U.K. and there could be "complications" when the poop hits the fan.  Good luck.

Thu, 03/31/2011 - 22:14 | 1123811 The Count
The Count's picture

video is offline. as is the santelli clip. can this be a coincidence?

Thu, 03/31/2011 - 20:49 | 1123594 Out9922
Out9922's picture

This piece just made my night

Thu, 03/31/2011 - 20:54 | 1123602 bbq on whitehou...
bbq on whitehouse lawn's picture

Mr. Rick Santelli needs to go kindly fuck himself, untill he is willing to show up at a public high school during luch time and give a speech on just how fuck these kids are.

Really, If this man wants to profit from his celebrity then at least he can donate an hour or 2 to those who are totally fucked; and let them know why they will die of cancer, and worse.

Really if you have the media's ear use it for those, who need the enlighenment the most. Its not a pay check but maybe one of those kids will do something you can't or won't.

Its his choice, still if the irons hot why not strike.

Thu, 03/31/2011 - 21:01 | 1123620 Yen Cross
Yen Cross's picture

Please split your weenie. I want to put mustard on it, before I eat it.

Thu, 03/31/2011 - 21:18 | 1123667 bbq on whitehou...
bbq on whitehouse lawn's picture

Never split your weenie. Its best hot and fat. Grill that meat and enjoy its juice. Mustard is for the weak and bland; dog.

Good meat has it own spice. :P

Thu, 03/31/2011 - 21:24 | 1123677 Yen Cross
Yen Cross's picture

Horse Raddish? Beat it you don't belong here.

Do NOT follow this link or you will be banned from the site!