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Santelli: "There Has To Be An Endgame To Insanity"
The 'deal' didn't surprise CNBC's Rick Santelli as he notes the administration did the "easy thing" once again. However, he does think the coming battle in 6-8 weeks regarding the debt ceiling will be surprising to many and believes "there has to be an endgame to insanity." Rick's rightly cynical perspective on the euphoric opening gap today in stocks and bonds (and questioning the veracity of manipulated 'market' prices) appears as frustrating to him as "watching politicians all slap each other on the back while the country slips into a Grecian like formula."
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Some facts never change. Gravity appears to be holding up quite well, despite the central planners bullshit. Do you have anything intellectual to contribute or were you simply providing a demonstration of a "low intelligence" voter? Nice work, by the way.
No, that would look like this: ZOMG pubic uniun thuggs R teh rich and we hafta draft em into another war before they destroy Amercia!!1one
How to get one of those jobs?
"There has to be an endgame to the insanity." Why?
Correct. Is there an end game in Nigeria - nope. Why should there be in america. The elites will simple adapt and continue to fuck everyone.
Unless there is a revolutiojn
The market will be the last thing to go, not the first, as it's a poltical tool used to convince the sheep that everything is ok. When you see the market plunge, know the game is over.
Insanity ? Really ?..just have Bernank tell us where he wants the S+P to be...and we all can buy until we reach his price.
Of course he'll be selling just before his announcement.
The definition of insanity: socialism=central planning=destruction of capital and wealth=slavery for all.
NO. Crony Capitalsm/Facism is the problem
9 people died in yet another tour bus crash. Guess we need to ban tour buses too. This news story didn't get even 1/3rd the press of the sandy hook incident.
Guns don't kill banksters, Debt slaves with guns kill banksters.
Unfortunately that is not the case - people with machine guns usually kill children and other innocent people.
Now if the NRA wants to get some support they would have to come out in support of guns being used to kill banksters.
The insanity IS the endgame.
The "endgame of the insanity" is when the System collapses of its own weight. Think about the chaos on the German side that accompanied the end of the Third Reich and you will get some idea of the scale. Except the destruction won't come from conquering armies: it will come from the looting mobs after their EBT cards stop working. And America won't be there to lend a helping hand. Not sure anyone will be, except some organized rural militias. For the most part, it will be every man for himself.
I'd expect everything to be mostly risk-on till we approach the debt ceiling/sequester hard deadlines, but I highly doubt the markets will hang around and hope for a good outcome. Maybe nothing-to-lose Obama will attempt to raise the debt ceiling all on his own. We'll see as it approaches, but at some point free will and the laws of physics will override the ideals and theoretical models of central planners.
The markets versus central banks; the winner is obvious; the timing is art (and also a non-stop, uncertain pain in the ass).
"It's easy to grin when your ship comes in and you've got the stock market beat. But the man worthwhile is the man who can smile when his shorts are too tight in the seat. Ha, ha, heh, heh!"
There will be an
"end to the insanity" when the GOP is safely back into the hands of real Conservatives and Big Tent Centrists working together, without the impediment of the obstructive Libertarians.
The GOP will become an inclusive Party of Yes again, and the Tea Party will go the way of the Dodos, which they ARE.
OK, Koch Bots, beat your previous record and give this one 500 Thumbs Down. TIA.
You have been here 2 yrs + and you still believe it matters which one of the twins Dems or Reps is the current puppet?
WTF?
I propose (again) that anyone who takes the side of either political party - be beaten.
You're saying that they are NOT already?
They are, they just don't know it (yet).
Yeah. If only the wing of the GOP that doesn't march in lock step with the Democrats and has the audacity to promote affordable government would just shut the fuck up, we'd all be better off.
Who needs individual freedom and a sound currency anyway?
Not me comrade.
I'm long prison stocks and companies that manufacture police pepper spray!
talk about dodos
Sarah Palin for PRESIDENT!
Sarah Palin and Alan West ticket in 2016. And it will be know as the angry white guy ticket. :)
Ohmygosh! Only 11 thumbs down? I'm crushed!
It must be my Fairy Godfathers - so to speak - Peter King and Chris Christie warding off the Evil KochBots.
BTFD bitchez.
I know it is difficult but the path to success is anti-excellence. You must fight against the desire to be your best and instead be completely incompetent. Only then will you have success.
Admit it, you are a supplier for the WalMartian chain, am I right?