Santelli Bashes Central Bankers' "Sand-Castle Economies"

Tyler Durden's picture




 

It has been four years since Rick Santelli's epic "are you listening Mr. President?" speech and the bad behavior has merely been more and more rewarded. Assisted by the enablers of the world - Central Bankers - and their liquidity pump of awesomeness, Santelli exclaims that all we are doing is "promoting bad behavior," as the elites "build sand castle economies." His frustration is contagious as he outlines just what has not happened in the last four years - from no-budget to blow-out deficits, and from grand deals to grand bargains to no deals, and Europe's imploding economies - he sums it up perfectly - "we're gonna need a lot of luck."


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Tue, 02/19/2013 - 15:51 | 3257095 Unprepared
Unprepared's picture

It's all Sandy's fault.

Tue, 02/19/2013 - 16:05 | 3257149 redpill
redpill's picture

Rick you keep saying the same things, and it's not that they aren't valid, but isn't it about time to step it up a notch?  Maybe suggest some civil disobedience?  Tax time is coming up, a gentle proposal that we starve the beast for one year to teach it a lesson may be just the ticket.  Or heck if that's too much for you, a simple request that all your viewers file a new W-4 and take maximum deductions.  Unfortunately either one would be off-script for CNBC and you'd get canned, but at least we'd get some excitement.

Tue, 02/19/2013 - 16:08 | 3257169 francis_sawyer
francis_sawyer's picture

Nah ~ In the end, Santelli is the controlled opposition... The only way they'd ever fire him is if he went off & did something stupid like use the J word...

Tue, 02/19/2013 - 16:09 | 3257186 toxic8
toxic8's picture

OT but get familiar with RIOT fellas -

Raytheon software trolls social networks
February 12, 2013, San Francisco Chronicle (SF's leading newspaper)
http://www.sfgate.com/technology/article/Raytheon-software-trolls-social-networks-4273405.php

Raytheon, a Massachusetts defense contractor, has built tracking software that pulls information from social networks, according to a video obtained by the Guardian newspaper in London. "[Raytheon] has acknowledged the technology was shared with U.S. government and industry as part of a joint research and development effort, in 2010, to help build a national security system capable of analyzing 'trillions of entities' from cyberspace." Using public data from Facebook, Twitter, Gowalla and Foursquare, the software - called RIOT, or Rapid Information Overlay Technology - apparently gathers uploaded information and forms a profile of a person's every move that was registered with one of the websites. The video obtained by the newspaper starts with a demonstration by Raytheon's "principal investigator," Brian Urch, showing how easy it is to track an employee named Nick - a real person - based on all the places he has checked in using his smartphone. "When people take pictures and post them on the Internet using their smartphones, the phone will actually embed the latitude and longitude in the header data - so we're going to take advantage of that," Urch says. "So now we know where Nick's gone ... and now we'll predict where he'll be in the future." Urch goes on to analyze - using graphs and calendars - where Nick likes to spend his personal time and make predictions about his behavior. "If you ever wanted to get a hold of his laptop, you might want to visit the gym at 6 a.m. on Monday," Urch says with alarming casualness.

Note: To read the full Guardian article, click here.

Tue, 02/19/2013 - 16:34 | 3257285 NotApplicable
NotApplicable's picture

Wow, not a single mention of the Goog, or it's massive tracking ad-network.

Though people dumb enough to use foursquare deserve to get profiled, good and hard.

Tue, 02/19/2013 - 16:42 | 3257320 ptoemmes
ptoemmes's picture

BTW - Raytheon also provides the targeting subsystem for the Predator B drone - I mean UAV: http://www.raytheon.com/capabilities/products/mts_b/

 

Wouldn't it be a RIOT if the drone was there to meet Nick at his predicted location?  It I were Nick, I'd be worried, very worried.

 

 

Tue, 02/19/2013 - 19:56 | 3257826 Edmon Plume
Edmon Plume's picture

Hiiiii Nick? This is Heather, yeah, we met at the gym the other day.  You are sooooo hot , I want you.  Meet me in front of ___________________ in 30 minutes and we'll find someplace private.  Wait for me if I'm running late...

Tue, 02/19/2013 - 23:40 | 3258391 thisandthat
thisandthat's picture

It's called Exif data. You can delete it, plenty of tool to do that.

Tue, 02/19/2013 - 16:37 | 3257299 Cortez
Cortez's picture

Jew, Jigaboo or Jihad?

Wed, 02/20/2013 - 05:39 | 3258737 MSimon
MSimon's picture

Justice.

Tue, 02/19/2013 - 16:41 | 3257313 SMG
SMG's picture

Francis,

     I've noticed your "it's all the Jews fault" routine you've been playing on here for quite a while, and have come to the conclusion you are either misinformed or a paid troll of the Elite.  In which case I'd like address both possibilities.  I feel this is hurtful to the cause of stopping their NWO plan and bringing justice to the correct people as you are blaming the incorrect people. 

     The real Elite are not Jewish, they practice an occult Lucifierian religion in which the believe they are a god and can determine their own right and wrong.   They publicly may be practice other religions, but secretly they follow this Luciferian religion.    They control everything through the following government system. 

http://en.wikipedia.org/wiki/Inverted_totalitarianism

 George Bush Sr. is very high on the pyramid for example, and he is publicly Church of England.     Also if you actually talk to actual real Jewish people whom understand what's going on, they realize it's Satanic and are against it.  So I would ask you to reconsider blaiming the wrong people, as it hurts the cause of true freedom.  Which many on the site support.

In the case you are a paid troll, I would ask you to consider what will happen when the Elite depopulate the Earth from useless eaters and it's just lower ranking Elite like you left around.  Will the people at the top of the pyramid suddenly stop being evil and mistreating those they see as lesser?  Do you really want to help those who would step on you as readily as they step on we useless eaters.  Do you really want to live in a world with no morality?   How'd that work for Rome?

 

 

 

Tue, 02/19/2013 - 16:54 | 3257375 john39
john39's picture

how do you know who is and is not part of the 'blood line'?   Tex Marrs called the Bush family out as cryptos....  

http://www.texemarrs.com/022006/george_w_bush_zionist_double_agent.htm

and, whether or true or not, think about this...   Most U.S. presidents, including Bush and Obama are related to each other and european royalty...  unsurprisingly, the Windsor family publically has acknowledged that they consider themselves descendants from the 'house of david'....  whatever that means.

I would agree with you, that your average Jewish person is a pawn like most everyone else...  but, i wouldn't be so quick to bash others as trolls because they may use the fabricated term "Jew" a bit loosely. 

 

 

Tue, 02/19/2013 - 17:30 | 3257475 francis_sawyer
francis_sawyer's picture

Why all the complicated analysis?

~~~

It is you people who get your panties all in a bunch if I mention jews... I'm not talking about Luciferian World Orders here [you people are]... All I do is shine a spotlight on the abnormally high representation of people that [would call themselves 'jews'], as a percentage of the aggregate of those in power nodes... I ask if anybody else thinks that's strange... Apparently NOT [because I don't even have to say 'jew'... all I have to do is say "J word", as above, and people are freaked to high heaven]...

This... FOR ME... Is an information gathering technique... I don't work for anybody... I process the information FOR MYSELF... If I were stone cold silent, I would never learn a thing... I've learned that if I go just about ANYWHERE [except ZH]... If you make any sort of comment [no matter how true, or how eloquently stated] that calls jews into the debate, the comment is IMMEDIATELY deleted...

I call that 'paranoia'... [& for what]?... Are people dying because I use the word jew?... I guess they must be & I don't know about it...

I think there was some French writer who sad something to the effect of... "The people who are trying to shut you up are the people with power"... I don't really know how "powerful" the jews are, but I do observe that there's more time, effort, manpower, & money invested in getting people to be stone cold silent when it ever comes to criticizing jews... How many 'Anti Defamation Leagues' are there anyway?

Whatever... At minimum ~ I get a kick out of watching people squirm around about nothing... If there was nothing to hide ~ some may actually GET the joke...

 

Tue, 02/19/2013 - 18:29 | 3257649 Mr. Mandelbrot
Mr. Mandelbrot's picture

This is one of those times where I wish I could hit the "up" arrow more than once . . .

Tue, 02/19/2013 - 18:44 | 3257675 earleflorida
earleflorida's picture

the money masters don't care about internals, period!

all they're interested in, is financing [countries/sovereigns]governments,... and, it is when these sorry sovereign governments don't pay the vig, that the sword of a certain 'red shield' comes out of its sheave proclaiming,  'War-with-A[we]ll'!?

it's that simple...

Tue, 02/19/2013 - 20:59 | 3257950 francis_sawyer
francis_sawyer's picture

Let's cut through all the bullshit and simplify the whole thing shall we?

~~~

Let's say that two different scenarios are possible...

- SCENARIO A is that this is all being masterminded [in which case, then whoever is doing it is, IN FACT, EVIL].. Which means that there DOES exist a perp, or a select group of perps... This would also portend that the 'conspiracy nuts' are, IN FACT, correct... & that the peple who ridicule them are a bunch of assholes...

- SCENARIO B is that it's all just a bunch of random shit... If tha is true, it doesn't change the fact that we have a bunch of blithering idiots seated in almost every central banking operation, & MSM organization on the planet... So ~ that makes the Krugmans, Bernankes, Greenspans, Geithners, Blankfeins, Greenbergs, Netanyahu's, all a bunch of either IDIOTS, or 2 BIT criminals...

~~~

Be my guest to decide which way you want it... As always ~ francis_sawyer is not the one stealing your money, or your kid's future...

Tue, 02/19/2013 - 17:02 | 3257405 Oldballplayer
Oldballplayer's picture

Unfortunately, encouraging people to NOT pay their taxes is a felony.

 

 

Tue, 02/19/2013 - 21:11 | 3257987 JohnGaltsChild
JohnGaltsChild's picture

Yes, and paying your taxes supports felons.

Tue, 02/19/2013 - 21:31 | 3258038 lunaticfringe
lunaticfringe's picture

Not true fearmonger. 

Wed, 02/20/2013 - 03:26 | 3258665 redpill
redpill's picture

Incorrect.  That would apply to tax professionals advising people that not paying their taxes would not get them in trouble.  That is very different than someone in a media role suggesting people could not pay their taxes and readily admit they would be subject to a penalty, but argue that it would be worth it to prove a point.  And, by the way, it fucking would be.  So maybe think about being part of the solution instead of being part of the peanut gallery.

Tue, 02/19/2013 - 19:37 | 3257784 Meat Hammer
Meat Hammer's picture

I took every deduction possible and will sock it away until 4/15/14.  Fuck those mother fuckers.  No interest-free loan for them!

Tue, 02/19/2013 - 18:03 | 3257572 More_sellers_th...
More_sellers_than_buyers's picture

I recall watching Rick when he first started, I traded on the floor in NY.  I would watch amused as he stumbled his way through things not really understanding them.  As time went on he was the one who really "got it" , then he became a lone voice of reason that wasn't bought and paid for.  Then he lost his mind when the gubmint wanted to pay off idiots mortgages and I was right there with him yelling YES!, and now I look at him and see myself, older, cranky, mad at the world, wondering why idiots make policy that have no clue, wondering why no one cares and it makes me sad.

 

Tue, 02/19/2013 - 15:51 | 3257096 francis_sawyer
francis_sawyer's picture

Santelli ought to switch to a comedy routine to shake things up a bit...

Tue, 02/19/2013 - 16:04 | 3257150 Divided States ...
Divided States of America's picture

I think Bernanke and the other central bankers have lost total control of the capital markets and know it but they dont know what they should do but let this thing go on for as long as it does.

Tue, 02/19/2013 - 16:09 | 3257182 Stoploss
Stoploss's picture

FED.

TITS.

BOAR HOG.

 

All useless, together, or individually..

Tue, 02/19/2013 - 16:05 | 3257157 kliguy38
kliguy38's picture

They don't mind the Rickster anymore because they've "nullified" him. No one even listens anymore and the mind-numbing daily antics of the market make his "truths" a self-parody...When its over, he'll be proven right, but no one will be out there breathing.

Tue, 02/19/2013 - 16:09 | 3257185 brak
brak's picture

Wait.. I thought Rick was the straight man to the rest of the CNBullShit's comedic satire

Tue, 02/19/2013 - 16:34 | 3257287 Clowns on Acid
Clowns on Acid's picture

Bill Maher should have Santelli on his show.....was going to say O'Reilly...but don't think FOX would do that.

Tue, 02/19/2013 - 15:55 | 3257112 resurger
resurger's picture

"Liqudity waves will knock down the Sand Castle Economies"

+5

Tue, 02/19/2013 - 15:55 | 3257119 Joe moneybags
Joe moneybags's picture

Santelli's schtick gives him notoriety, but it hasn't made anyone a dime.

Tue, 02/19/2013 - 16:10 | 3257190 Ness.
Ness.'s picture

Do you know him?

Tue, 02/19/2013 - 19:23 | 3257122 ebworthen
ebworthen's picture

Castles in the sand, castles in the sky, castles in Suburbia, for the 1% who can buy.

Tue, 02/19/2013 - 15:57 | 3257124 dbTX
dbTX's picture

"We're gonna need a lot of luck"  Sorry Rick, there ain't that much luck in the world.

Tue, 02/19/2013 - 15:59 | 3257127 cliffynator
cliffynator's picture

"And so castles made of sand,

fall into the sea,

eventually."

--Jimi Hendrix

Tue, 02/19/2013 - 16:05 | 3257164 hooligan2009
hooligan2009's picture

the fat lady is singing, benrnanke's circulation of money theme song

http://www.youtube.com/watch?v=6iP0q1xIkB4

Tue, 02/19/2013 - 16:09 | 3257183 thomasincincy
thomasincincy's picture

and i thought you were going to link some fat woman with a viking helmet at the opera...that's weak

Tue, 02/19/2013 - 16:30 | 3257276 thomasincincy
thomasincincy's picture

lol...love it

reminds me of those bugs bunny cartoons

Tue, 02/19/2013 - 16:49 | 3257354 hooligan2009
hooligan2009's picture

actually, i think bernanke thinks he has a nano suit and that sterlized buybacks of toxic mortgages exist in real time volumetric cloud shadows, procedural HDR flares and shapes with dynamic water volume caustics and unlimited particle fx lighting for top secret tassellated frog technology...so for example, QE3 = Crysis 3  here

http://www.youtube.com/watch?feature=player_embedded&v=JWvgETOo5ek#!

Tue, 02/19/2013 - 16:00 | 3257128 Hohum
Hohum's picture

Sure, Mr. Santelli's right.  But if he thinks his alternative is going to be better for most people...dream on, brother, dream on.

Tue, 02/19/2013 - 16:00 | 3257133 Yen Cross
Yen Cross's picture

 That was a good rant Rick. Where is that fuckwad Liesman?

Tue, 02/19/2013 - 16:02 | 3257143 hooligan2009
hooligan2009's picture

he is polishing his head so his tin hat fits better

Tue, 02/19/2013 - 17:59 | 3257557 Motorhead
Motorhead's picture

Liesman...what a royal putz.  Liesman and Krugman...they rhyme, and they are both dorks.

Tue, 02/19/2013 - 16:00 | 3257136 Clowns on Acid
Clowns on Acid's picture

"Luck " ? I thought we were in Hope and Change mode...?
Are those the same thing..?

Tue, 02/19/2013 - 16:01 | 3257138 azzhatter
azzhatter's picture

Carl "the metrosexual communist" Quintanillo has no response because everything Santelli says goes against his master Obamas plan to help the poor middle class

Tue, 02/19/2013 - 16:09 | 3257179 Yen Cross
Yen Cross's picture

Carl the "Judge" that pussy makes me laugh! 

He's a gutless assclown! He tries to be the voice of reason, and comes off like " Harvy Milktoast". Fuck off CNBS!

Tue, 02/19/2013 - 16:03 | 3257140 JustObserving
JustObserving's picture

Four fucking years and four trillion dollars too late.  Every Zero Hedge regular has been pointing that out for years.

Santelli, talk about gold and silver price manipulation next.  You will be only 2 years too late.

Tue, 02/19/2013 - 16:02 | 3257141 hooligan2009
hooligan2009's picture

the tea party needs a slogan :>)

they aren't spartacus yet, i suggest "pay off your debts, pay no taxes, take no benefits!"

Tue, 02/19/2013 - 16:03 | 3257142 The Thunder Child
The Thunder Child's picture

Can we stop calling them elites please?

If they were elite we would still all be in the dark drinking the turd speckled kool aid,  I would prefer something along the lines of:

  • Moldy Babylonians
  • Inbred Illuminati
  • Krusty Khazzarians
  • Naked Nitwits
  • Fucking Freemasons
  • Raping Rothschilds

Please feel free to add some more...

Tue, 02/19/2013 - 16:04 | 3257153 Sandy15
Sandy15's picture

I like the "Raping Rothchilds"

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