In one of the best clips we can remember, Rick Santelli and Gary Kaminsky show just what happens when the kool-aid-drinkers are allowed to speak frankly about our predicament. Instead of constant silver-lining-seeking or trotting out failed truism after failed truism, the two men (who notably have been actual market participants as opposed to mere observers) take on the uncertainty and unpredictability that weighs heavy on our global economies as governments break the rules time and time again - and took advantage of crisis "getting away with anything". Focusing back on what could happen if the market were allowed to think for itself, Kamintelli deface the edifice of central banker largesse and blame it for the actual demise we face - noting that it is now clear that whether it is QE or actual rate easing, using jobs as the argument for excessive intervention is a failed concept. On a Friday that seems to have devolved into a low volume sideways nudge in equities, this is six minutes well spent as they ask and answer the question: "Have rates been too low for too long?" and how those who played by the 'rules' continue to be the ones who are penalized. There is hope for recovery if the market is allowed to find its own level - "it will get better, but the deleveraging pain still has to be taken all over the world."