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Santelli On Piracy, Protection, And Policy Amendments

Tyler Durden's picture




 

CNBC's lonely realist took just over three minutes of his busy day today to explain in language that even the e*Trade baby could understand, why he fears for his First Amendment rights. As more sites take a stand against 'top-down' decision-making and who decides what is fair, Santelli veers from SOPA to Obamacare to the EPA in today's well-warranted and reasoned rant at the top of a slippery slope.

 

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Wed, 01/18/2012 - 13:36 | 2074828 kato
kato's picture

I do not think his day is particularly busy. I like him though.

Wed, 01/18/2012 - 13:44 | 2074876 kato
kato's picture

He is actually wrong with this rant: the rent-sucking scum are in control; the pions are in a game they hardly know and cannot win alone.

Wed, 01/18/2012 - 14:04 | 2074983 Badabing
Badabing's picture

Santelli is a tool that makes us beleve Cnbc is worth watching.

Wed, 01/18/2012 - 14:07 | 2075000 spiral_eyes
spiral_eyes's picture

Big media can spend as much as they want on legislating their way to success. If their product sucks, people still won't buy it. SOPA is a waste of their time. It won't make their product any better. 

http://azizonomics.com/2012/01/18/the-internet-today/

Wed, 01/18/2012 - 20:32 | 2076455 AldousHuxley
AldousHuxley's picture

It is big OLD media show biz (hollywood movie studios) VS. NEW internet media (google, wikipedia, etc.)

 

It is about who gets paid for little people's artistic creativity work. It is about who gets to cash in for a youtube video showing doing something stupid with a Coke can with TV on in the background with music from mp3 all put together by some unemployed college grad living in his mom's basement.

It is not about freedom.

Wed, 01/18/2012 - 17:07 | 2075747 bruinjoe93
bruinjoe93's picture

Santelli is awesome.  SOPA sucks

 

https://twitter.com/#!/search/lamyj

Wed, 01/18/2012 - 13:37 | 2074834 CORNGUY
CORNGUY's picture

America is Dead.

Wed, 01/18/2012 - 13:59 | 2074958 Stax Edwards
Stax Edwards's picture

WRONG.  America is about to be reborn, spread the word.

Wed, 01/18/2012 - 15:10 | 2075325 VisualCSharp
VisualCSharp's picture

You can both be right, you know.

Wed, 01/18/2012 - 15:25 | 2075393 Sudden Debt
Sudden Debt's picture

ZOMBIENATION!!!

Wed, 01/18/2012 - 15:56 | 2075508 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Yeah, those who have used Paxil and Prozac have been chemically lobotomized!

Wed, 01/18/2012 - 16:11 | 2075557 SamAdams1234
SamAdams1234's picture

Romney has been chemically lobotomized

Wed, 01/18/2012 - 16:12 | 2075563 redpill
Wed, 01/18/2012 - 16:23 | 2075594 Dick Buttkiss
Dick Buttkiss's picture

Don't forget Rombama.  He could win, too.

Thu, 01/19/2012 - 04:24 | 2077230 jeff montanye
jeff montanye's picture

mitrack rombama?  he's not for me; he's a tool of the crony corporations.

he looks and sounds good but he lies nearly all the time.

Wed, 01/18/2012 - 16:57 | 2075725 Mr Kurtz
Mr Kurtz's picture

Can't blame him though, his old man was "brainwashed" and you know that old adage about apples not falling far from the tree.

Wed, 01/18/2012 - 20:26 | 2076434 boiltherich
boiltherich's picture

Most of the Mormons I have met only know the cult mindset, and life/cults appear to work for those inside them, it is we who do not want to be a part of them that can't make them understand that they are in a cult.  I want no part of Mormon cult America, so when he wins in November I will just have to decamp, your direct deposits into my checking account will still be acceptable however, as long as they do not come with some sort of cult oath or some such nonsense.

Wed, 01/18/2012 - 14:04 | 2074982 Nothing To See Here
Nothing To See Here's picture

You got the news? It happened in 1913 and the tombstone lays on Jekyll Island.

Wed, 01/18/2012 - 14:22 | 2075075 Robot Traders Mom
Robot Traders Mom's picture

There are still good Americans trying to save us, like Justin Amash.

Rep. Justin Amash (R-Mich.), a libertarian leaning Republican, went as far as changing his Facebook profile photo to a logo of the words SOPA and PIPA crossed out, while also disabling key functions on his Facebook wall, preventing guest posts.

“These bills give the federal government unprecedented power to censor Internet content and will stifle the free flow of information and ideas,” Amash wrote. “Demand that Congress and the president keep the Internet open and free.”

Wed, 01/18/2012 - 15:17 | 2075360 stirners_ghost
stirners_ghost's picture

We are not America. We are the people who live under the American regime.

When people speak of preserving America, or saving America, they're really talking about maintaining their own subjugation.

Wed, 01/18/2012 - 16:44 | 2075679 PartysOver
PartysOver's picture

I would like to see intrade.com list "First state to Secede".  I'd relo there.

Wed, 01/18/2012 - 13:37 | 2074837 SDRII
SDRII's picture

Gatman says he is buying base metal on accelerating global growth. This guy is a first rate idiot. CNBC, only the best

Wed, 01/18/2012 - 13:39 | 2074838 Cognitive Dissonance
Cognitive Dissonance's picture

As much as I admire Santelli and his desire to call a spade a spade, he is simple controlled opposition at this point. He is the lone (televised) barking dog among the circling wolves.

Grab your balls and hang on folks. This is gonna get real interesting.

Wed, 01/18/2012 - 13:38 | 2074846 SeverinSlade
SeverinSlade's picture

Sad but true.  TPTB have to create the illusion that their opposition are "free" to voice their opinions.

Wed, 01/18/2012 - 14:18 | 2075022 Azannoth
Azannoth's picture

They put Rick there preemptively to comply with the Fairness Doctrine, it's only a question of when they pass that too and shutdown all dissent on the Web, they just call it differently like idk 'Stop Hatespeech Act' or something

They will put 1 stooge on every network so they can say 'they present different view points' but don't fret if Rick ever got ahead of him self he'd be gone from the show by the lunch break.

Wed, 01/18/2012 - 15:43 | 2075460 PersonalRespons...
PersonalResponsibility's picture

I remember when Erin Burnett (yes, I watched CNBC before I woke up), sitting next to Mark Hanes, said, "The world is fundamentally a ponzi scheme but as long as we all believe in it, it keeps tugging along."  Haines gave her the dirtiest look and said, "Check your cynicism at the door."  It wasn't by lunch but a couple of weeks later that she was gone.  Wasn't the first time; they had enough of her calling everything a ponzi scheme.

http://www.livedash.com/transcript/squawk_on_the_street/53/CNBC/Thursday_April_14_2011/582612/

 

Squawk on the Street

CNBC

Aired on Thursday, Apr 14, 2011 (4/14/2011) at 05:00 AM

 

00:21:57

The world is fundamentally a ponzi scheme but as long as we all believe in it, it keeps tugging along.

 

00:22:05

>> Check your cynicism at the door.

 

Wed, 01/18/2012 - 16:00 | 2075519 cossack55
cossack55's picture

I think 34B cups had ponzi confused with The Fonzi.  Just another CNBS twit.

Wed, 01/18/2012 - 16:28 | 2075616 roadhazard
roadhazard's picture

No, Hanes died and she went to CNN to throw hard hitting soft balls to suits.

Wed, 01/18/2012 - 16:32 | 2075629 PersonalRespons...
PersonalResponsibility's picture

Haines died nearly a month later.

Wed, 01/18/2012 - 17:10 | 2075758 Bay of Pigs
Bay of Pigs's picture

He was no good either. I never heard anything resembling the truth from Haines.

Wed, 01/18/2012 - 20:38 | 2076470 boiltherich
boiltherich's picture

Because of that bloviating fat old gasbag I stopped watching CNBS (at least with the sound on, I still check it when I am away from the computer for certain ticker items) and it must have been six months before I realized Haines was no longer there.  I won't say what I thought when I saw the Obit because you never know just how stuff like that comes back to haunt you, but I lost no sleep that night.  I have heard Rick Santelli go on and absolutely excoriate guests and his coworkers over positions that were an open invitation to rioting rebellion by the lower classes, as if he seems the only one there that ever had to wash his own car or clothes, he might be very well off now but he understands the plight of the masses quite well and has stated that they are not going to put up with this bullshit forever, that some grasping greed and theft is just too much over the top.  He has outright warned his audience even before OWS that reverse class warfare would be the archer that slayes the goose laying the golden eggs, and he is right.

Wed, 01/18/2012 - 14:08 | 2075007 Hippocratic Oaf
Hippocratic Oaf's picture

But even Santelli wants to keep his J.O.B. He's not going to tell us what we REALLY need to know or rant like he did in the past against government stupidity.

His bread is buttered with the big CNBC knife. And TPTB will not let anyone fuck this market up to not get our Teleprompter-In-Chief re-elected. 

This market will continue to be stale, low volume and mediocre gains until Onothing is re-elected......or not. 

2012 will be a do-nothing market.

Wed, 01/18/2012 - 14:14 | 2075027 WonderDawg
WonderDawg's picture

I think you're going to be in for a big surprise.

Wed, 01/18/2012 - 14:21 | 2075065 Cheyenne
Cheyenne's picture

au contraire.

dylan ratigan is the bigger mad dog by far, and msnbc for some reason cuts him loose for an hour every day. and ratigan has guests--normal onlookers, not some candy ass like liseman--a few of whom have quite visibly shat their pants during his epic meltdowns.

Wed, 01/18/2012 - 14:22 | 2075077 Timmay
Timmay's picture

I hope so, getting sick and tired of waiting for "something" to happen....

Wed, 01/18/2012 - 14:29 | 2075107 Vince Clortho
Vince Clortho's picture

Santelli is there because he is useful to the people in charge.

The appearance of choice has worked well with the "2 party system" in politics.

Same principal, different medium.

Wed, 01/18/2012 - 17:28 | 2075807 Apocalicious
Apocalicious's picture

I think that's a little unfair. Rick is not faking it. Come to Chicago, go to the exchange. You'll see him chain puffin cigs and storming around like he's still actually trading. He's a good guy...

Thu, 01/19/2012 - 00:06 | 2076966 Freewheelin Franklin
Freewheelin Franklin's picture

He'll be the next one going to Fox Business News

Wed, 01/18/2012 - 13:38 | 2074840 SeverinSlade
SeverinSlade's picture

Love Rick Santelli.  Would love to see him in a boxing match with Bob Pussani.  Santelli would open a can o' whoop-ass on Pussani.

Wed, 01/18/2012 - 13:49 | 2074894 johnQpublic
johnQpublic's picture

i'd rather see lieberman vs. manny pacquiao

or maybe obama vs. mayweather

 

15 rounds

saved by the bell in every round

ladies and gentlemen, are You ready to rumble?

Wed, 01/18/2012 - 14:03 | 2074980 HD
HD's picture

I'd like to see Cramer vs Mack truck...

Wed, 01/18/2012 - 14:08 | 2075002 Nothing To See Here
Nothing To See Here's picture

12 rounds of Nancy Pelosi vs Vince Vaughn. I'd buy a ticket.

Wed, 01/18/2012 - 14:12 | 2075017 tallystick
tallystick's picture

I'd rather see one of those guys with the new Air Jordans epoxied to their feet and set loose in Chi town projects.

Wed, 01/18/2012 - 14:48 | 2075192 Landrew
Landrew's picture

Sorry to burst your bubble, there are no Chi town projects. Tiered diverse income spread housing. The projects came down and million dollar condos went up.

Wed, 01/18/2012 - 22:16 | 2076711 UP Forester
UP Forester's picture

All filled by Metrosexuals....

Wed, 01/18/2012 - 13:40 | 2074849 vegas
vegas's picture

As usual, it takes a trader to state the obvious. Go Rick Go!

 

http://vegasxau.blogspot.com

Wed, 01/18/2012 - 13:40 | 2074852 Corn1945
Corn1945's picture

The EPA is the next tool of oppression.

The scary part is when you dare criticize them you get: "So you hate clean water and air!?!?!?!?!?" or "You want us to be like China!?!?!?!?!?"

Meanwhile, China is kicking our ass in virtually ever single measure that I can find.

Wed, 01/18/2012 - 13:41 | 2074860 koaj
koaj's picture

paraphrasing Bastiat...."if you say you are against government regulation of clean air and water, then you are against clean air and clean water"

The Law should be required reading for all

Wed, 01/18/2012 - 13:53 | 2074933 Backspin
Backspin's picture

Bastiat, the first of the Austrians so to speak.  Solid stuff, easy to read, and full of wisdom.  Of course he'll never be part of the curriculum, except perhaps for homeschoolers.

Wed, 01/18/2012 - 17:16 | 2075780 Mr Kurtz
Mr Kurtz's picture

My thanks as well...and to think he was a Frenchman.

Wed, 01/18/2012 - 15:35 | 2075442 andyupnorth
andyupnorth's picture

+1  Thank you for introducing me to Bastiat.

Wed, 01/18/2012 - 13:45 | 2074877 Confused
Confused's picture

Yeah. Good point. Lets see how that works out for them in the coming years.

 

Or did you forget the sheet rock fiasco, baby formula, dog food, etc. that the US received that was filled with all sorts of good stuff? Courtesy of those fine folks in China.

 

Some regulation serves a purpose. Because as we've seen with banks, self regulation is a farce.

Wed, 01/18/2012 - 13:52 | 2074928 redpill
redpill's picture

And yet those products still wound up in our hands despite all the layers of supposed safety through regulation imposed by the US Federal Government.  What went wrong?  Do you see the contradiction here?  Not only are many of these regulations damaging to the economy, but they provide a false sense of security and prompt consumers to shirk their responsibility of being discerning buyers.  It is a horrible distortion of the market, the true cost of which is not only monetary but castrates the best producers by blurring the economic environment in which otherwise they would more clearly stand out as providers of high quality and trustworthy products.

Wed, 01/18/2012 - 13:55 | 2074939 Backspin
Backspin's picture

You nailed it, Redpill.  And the argument about the banks fits right in there as well.  Money in the bank - false sense of security indeed.

Wed, 01/18/2012 - 14:08 | 2075003 Confused
Confused's picture

The argument about banks? I simply used them to illustrate the idea that self regulation doesn't work.

 

Yes. We need to be hyper vigilant over our daily lives. However, that also suggests, we do not have a social responsibility to others.

 

And the environmental issue is similar to the US debt issue. It will be the problem of future generations. Which of course is cool if you don't care. Which probably means you don't feel a sense of social responsibility. Which is cool. I guess.

Wed, 01/18/2012 - 14:19 | 2075039 redpill
redpill's picture

We have a giant EPA with shit tons of regulations, why do we have any pollution at all?  Again, because the false sense of security that our federal government is protecting the environment.  It's not.

The only true way to protect the environment is to make people and organizations directly liable for damage to the environment.  And I mean corporate-veil-piercing liable.  Do you know why so few private Swiss banks fail?  Because the CEO and directors are PERSONALLY LIABLE for the losses their decisions incur.  

The relatively small cost of bribing EPA officials is obviously not sufficient incentive to stop environmental pollution.  But the cost of cleaning and remediating pollution would be.

 

Wed, 01/18/2012 - 15:17 | 2075359 blunderdog
blunderdog's picture

If you want to keep the faith in the notion of prosecution and a "rule of law," I think it would make the most sense if you can use limited liability as a shield against loss of personal wealth, but criminal offenses committed by a corporation would hold all officers directly accountable.

You can't deter crime when it just another expense on a balance sheet.  But lock up a few executives now and again and you'll see them motivated to be sure their employees obey laws.

Wed, 01/18/2012 - 15:44 | 2075473 andyupnorth
andyupnorth's picture

If only enough people thought like blunderdog and redpill...

I count myself lucky to have been educated by my fellow zerohedgers (and the likes of Thomas Jefferson, Frederic Bastiat, Ron Paul, etc). 

And I'm proud to have joined those who stamp out ignorance and are willing to proclaim the truth, even if it means educating one person at a time...

Wed, 01/18/2012 - 15:29 | 2075409 karzai_luver
karzai_luver's picture

corp veil huh , so you are for no trade/product protections at all?

What about the rights of those in business to their idea/trade secrets.

Wed, 01/18/2012 - 15:53 | 2075496 redpill
redpill's picture

I'm not seeing the connection between liability and IP law in this context.  Can you elaborate?

Wed, 01/18/2012 - 16:50 | 2075692 Confused
Confused's picture

I do not disagree with you. I was just offering an elementry rebuttal to a silly comment. China is beating our pants off because off environmental (lack of) regulation? Its like comparing the % of weight loss of a fat person to a skinny person, all else being equal.

 

 

Wed, 01/18/2012 - 21:10 | 2076541 boiltherich
boiltherich's picture

EPA was not created by wise men who saw a need for prevention of the worst polluters, it was created by desperate politicians in a kneejerk reaction to Love Canal and a few other choice examples of deadly rape of the environment, the majority of which are prior to the adulthood of most readers here.  Because it was created for the wrong reasons in reaction to some really filthy behaviors it makes sense that it's functions are impaired.  That does not mean that environmental degradation can be tolerated in a world with 7 billion people, every new foot on the ground makes the job harder.  I agree that those polluting should be held civilly and criminally liable for their crimes, but some crimes are so enormous that one person cannot atone them even if we hang them a thousand times.

And just because these government "watchdogs" are a reflection of our bipolar government the EPA will come fine you for burning your trash in a burn barrel but allow coal miners to remove the top half of mountains in order to get at the dirtiest fuel the planet has to offer.  Such as the EPA which is by NO means alone in government at this, need to spend billions to justify their existence while the right in congress bars them actually doing anything worthwhile with those resources.  Agriculture, does it keep loyal and good citizens on the land tilling the sweet earth?  No, it supports corporate pigs at the trough, some of the same pigs that then clean up over at FDA by hamstringing them re GM crops, which I hope are harmless to the environment, we will find out.  GM crops will go forward harmless or not though because corporate profit in the Korrupt States of Amerika trumps the environment, health, education, even the defense of the nation. 

Government does have some vital functions, some of those unpleasant, some expensive, we could run a decent, better nation on half what they spend now, but it can't happen as long as corporations are "people," and political graft is "free speech." 

Wed, 01/18/2012 - 14:34 | 2075068 dwdollar
dwdollar's picture

There once were humans who were in perfect balance with the environment. They regulated themselves quite well over the eons, but they didn't survive more aggressive humans hell bent on progress.

The environmental issue is complex. No one in a government bureaucracy has the intellect to solve it. The EPA is just another method for the bankers to monopolize supply, by making whole industries illegal.

In our modern society, the best caretaker of land is a family who owns it and cares for it as if future generations of the family will always depend on it for their survival.

Wed, 01/18/2012 - 15:26 | 2075389 karzai_luver
karzai_luver's picture

and if they don't care for the "future generations" but instead know that by exploiting YOUR care of YOUR land that they can drive YOU out of YOUR land then what.....................

 

In our modern society around 2% or less care for the food needs and thus "the land" so you are for a mass move back to the land , is that it.

You and 90% would starve within the month.

 

 

 

Wed, 01/18/2012 - 15:51 | 2075471 dwdollar
dwdollar's picture

I can't decipher what you're saying, but my family still farms and has a few acres yet. It was folly to think this many people could leave independent farming and still be free when the good factory jobs left (as if they would be around forever).

Wed, 01/18/2012 - 15:57 | 2075510 karzai_luver
karzai_luver's picture

simple really, bad money drives out good.

We are not talking about YOU as I am sure you would not wish to have a thousand city dwellers show up wanting to farm along with you.

If down the road a hog farm sets up shop and pollutes the hell out of your land is that his right.

Afterall he didn't do it on purpose and you have no proof.

However you can take him to court and spend X dollars and maybe you win or not or you can just sell to him.

 

I doubt you farm or you would understand the previous post.

 

Thu, 01/19/2012 - 00:36 | 2077006 jerry_theking_lawler
jerry_theking_lawler's picture

ah, prime example of a self-regulating market from your examples.......China had cheap products and low standards.....China manufactured food products that were tainted (melamine, etc) and put US companies at risk.....now US companies will not utilize any Chinese products for food or ingredients (no matter what the costs) due to fear of higher costs of recalls, contamiinnation, lawsuits, etc. companies  now sourcing ingredients domestically or from trusted foreign sources (European Union, etc)....

Wed, 01/18/2012 - 14:07 | 2074964 Bananamerican
Bananamerican's picture

"prompt consumers to shirk their responsibility of being discerning buyers."

Hard to pull off as monopolies take hold (as they typically do in fascist/communist/et al societies).

also, you HAVE noticed the creeping two-tier consumer product markets mirroring the bifurcated wealth distribution in amerika yeah?

If you want a decent Fridge, Mattress, Washer etc you have to pay thousands for an "elite" model. The rest of us are left to "discern"  between various qualities of cheap plastic Chi-components. (monopoly)

Wed, 01/18/2012 - 14:05 | 2074985 Confused
Confused's picture

Agreed.

 

I just grow tired of the environmental argument. I get it. People hate tree huggers. But if you piss in your living room enough times, eventually its going to smell.

 

There is a reason (most) people don't fish in the Hudson/East River in NY.

Wed, 01/18/2012 - 15:20 | 2075367 karzai_luver
karzai_luver's picture

Sorry , the market in these times requires a false sense of security.

 

Quick , what's in the orange juice or milk you drank or gave to your kid today?

Exactly what's in it...................

Now multiply by EVERTHING you ingest.

All "trade" grinds to a halt if no "false sense of security" (read that as trust) becomes an everytime realtime research project.

 

 

Wed, 01/18/2012 - 16:04 | 2075534 redpill
redpill's picture

Quite the opposite.  Without the false sense of security there would be a reason to actually pay attention to what we bought.  We might buy from a trusted source of orange juice that has substantial brand equity and recognition that it is actually 100% real instead of just picking up whichever carton is cheapest.  We might actually buy American products if they have a reptuation for quality and safety, instead of buying cheap Chinese crap based on government promises that they are safe products.  

Instead of Consumer Reports being a token player in a small-subscription sector of business, the consumer rating and advocacy industry would be huge, and hold products far more accountable than disinterested corrupt bureaucrats.

It becomes even more poignant in regards to the environment.  Instead of the EPA essentially legitimizing pollution by deciding how much they collect in fees to offset various levels of emissions, we would have a robust system of liability in which the true cost of environmental damage could be ascertained and enforced on a fairer playing field in a court of law, instead of being arbitrarily decided by government goons on the take.

 

Wed, 01/18/2012 - 18:35 | 2076073 Canaduh
Canaduh's picture

It's not government versus free market, they are both susceptible to corruption. It's denying human nature to contend that either system will result in their supposed utopia.

 

Wed, 01/18/2012 - 14:42 | 2075176 GovtMediaLiars
GovtMediaLiars's picture

Markets, especially financial and housing markets were not allowed to "self-regulate." That was the problem (imo). A steady stream of increasingly destructive intervensions in those markets (and many others) virtually assured the "failure" of "self-regulation." Many of the worst banking/corporate offenders would most certainly be bankrupt, possibly in jail, and gone long ago were it not for this misguided (at best, calculated at worst) intervention.
Hampered markets work almost as poorly as no markets. And as the intervensions grow, so do the unintended consequences which, of course, require further, and incresingly heavy-handed interventions to "correct."
It isn't long down this path before you have no "market" at in any useful sense. Examples include: banking, housing, health care, energy, education, and many others.
For most practical purposes these sectors can no longer really be considered "markets" in the true sense of the word. They are all so hampered by interventions and government influence/control that their markets are broken, and meaningful price discovery is impossible. It is no coincidence that those most hampered of markets also happen to be the most dysfunctional.

 

Cheers!
GML 

 

Wed, 01/18/2012 - 15:25 | 2075394 NotApplicable
NotApplicable's picture

The only valid form of market regulation is consumer regulated, where every expenditure is a vote for BEST overall provider. All others are con-games, designed to conceal.

 

Wed, 01/18/2012 - 16:00 | 2075520 karzai_luver
karzai_luver's picture

bilge.

define "best" in every context?

then we can talk.

 

Wed, 01/18/2012 - 17:13 | 2075766 Bob Sacamano
Bob Sacamano's picture

Think that's the point -- certainly government central planners do not know what is "best" for everyone (despite their actions and words implying such).  What they think is best may not be what I think is best for me -- yet the force of law will compel me to adopt their version of "best" in innumerable areas of life and to personally fund their view of best.  This is not a "no-government" rules position -- just that the US Federal Government has overstepped its bounds. 

We need more personal choices and more personal responsibility.  It requires allowing people to succeed or fail.  But the mantra of government today is to further smooth outcomes, to presume people are not very bright, to protect them from making poor decisions and not allowing the consequences of those decisions to be very painful, etc.   Like Santelli noted -- do not sign a pile of mortgage documents if you do not understand what you are signing or blame others for doing so).

Wed, 01/18/2012 - 15:50 | 2075485 trembo slice
trembo slice's picture

you are confused if you think the system we have is meant to restrain the banks...

sound money is the only way to restrain the criminal class and their bff's in government

Wed, 01/18/2012 - 13:49 | 2074896 Bananamerican
Bananamerican's picture

yeah, how CAN we close the corporate mass suicide and "textured" air gaps unless we kill off al these REGYOOLAYSHUNS??

We are SPOILED I tell you.....SPOOOOIIIIILLLLED

 

Wed, 01/18/2012 - 13:50 | 2074908 Corn1945
Corn1945's picture

I give up. Enjoy the foodstamps.

Wed, 01/18/2012 - 13:52 | 2074927 Bananamerican
Bananamerican's picture

"China is kicking our ass in virtually ever single measure that I can find."

Don't give up Corn. Keep trying....

Wed, 01/18/2012 - 14:21 | 2075072 DosZap
DosZap's picture

Bananamerican

"China is kicking our ass in virtually ever single measure that I can find."

And why do you think that is?.

Could it be we MUST have them not cash out of  2T in US Treasuries?.(talk about scRewed)

But that's coming, China is sucking every gram of available Au on the planet, and allowing their people(even encouraging them to own it), once they get all they need, those T Bills are coming home.And China is using the Chinese people as personal banks ,as they will call in all their private Gold, issue Gold certs to them, and have more Au than ALL the rest of the world combined.

Who got the oil deal w/Iraq, after we spent 6,000 Troops lives, and a Trillion bucks?. China & Russia, Who is going to get ALL the crude from the Canuck Pipeline, China.

The list is endless.

Wed, 01/18/2012 - 13:51 | 2074915 Widowmaker
Widowmaker's picture

"Meanwhile, China is kicking our ass in virtually ever single measure that I can find."

Particularly democracy and the war on terror (the poor).

Wed, 01/18/2012 - 13:52 | 2074924 thunderchief
thunderchief's picture

Go visit every other shithole in the world that doesn't have an EPA equivilent.  India, China are starters and they are so polluted even the water has a stink.  Stop putting the EPA in the same boat as SOPA.  He lost my interest there.

Wed, 01/18/2012 - 13:53 | 2074935 Bananamerican
Bananamerican's picture

yup. Santelli is not above spouting the Corporate corn from time to time....

Wed, 01/18/2012 - 15:36 | 2075446 NotApplicable
NotApplicable's picture

The EPA legalizes pollution! Just what else do you think their "limits" are?

Before the EPA, I could sue a polluter if I could show damages to my property (including my life). After the EPA, I can demonstrate all the damages in the world, but they are rendered moot if the judge decides that it is in the interest of the abstract "greater good" to allow the polluter to continue.

And what about those limits? Where do they come from? Lobbyists!

The EPA stands for Evil, Polluting Assholes.

Also, as you note, all the EPA has "achieved" is to move the bigger criminals to a different part of the world lacking a system of restitution. In other words, a non-solution.

If you want protection from pollution, all you need is a society with strong personal property rights. Primarily, the right to breathe clean air, and drink clean water.

I'll remind you that fracking is LEGAL, though it likely won't be once it's too late to do anything about it. Funny how your environmental laws seem to be killing us all, when it's supposed to save us. But go ahead, keep promoting the absolutely worst solution, and see where it gets us.

Thu, 01/19/2012 - 02:36 | 2077178 thunderchief
thunderchief's picture

The EPA is full of holes, but many on the right are calling for a full on take down of this administration.  Then it will be a free for all, and good luck suing Exxon or BP after they frack your water table into toxic sludge.  That is where the USA goes next.  Make their middle class poor as shit first, and then turn where they live into true toxic hell holes.  Environmental protections and the money to uphold them will default to wealthy enclaves.  Just like a third world country.

Thu, 01/19/2012 - 06:50 | 2077320 Hobbleknee
Hobbleknee's picture

What is the EPA and FDA doing about radiation in the US from Fukushima?  They are:

* Raising "safety levels" of acceptable radiation in food, air and water.

* Withholding data from measuring stations.

* Ordering universities to keep data secret.

* Ignoring radiation in milk that is above safety levels.

It is obvious that our safety is not their priority.  So ask yourself, who do they work for?

Wed, 01/18/2012 - 15:08 | 2075312 Landrew
Landrew's picture

You have no clue, live outside the country for a short time and see the difference in air, water quality. Shit your pants for day and tell Chinese water is fine. China is a black hole of pollution. Grow up, corporations will do what they do which is make money at any cost. You must not remeber love canal, dioxin road mississippi, leadville Co., Hanford, West Chicago fuel rod dump into the creek, Joliet munitions and Fucking Detroit! Before the EPA there were thousands pounds of cans, bottles and trash on my own local roads. Now we have the best water in the world (mostly) we have air quality that is only tainted by drift from China coal smoke. Japanese nuclear waste. When I was a kid I would pull fish from the river with tumors as big as my fist. The only fish that lived were carp. Today you can catch bass and even trout in some places. So yes, you are Un-American not to care about our water, land and air! I am happy to give that few dollars to the EPA, maybe I will give them a little extra in April. Just think I pay a 32% tax rate and Mitt and O'Bummer will pay 15%.

Wed, 01/18/2012 - 16:00 | 2075518 MrBinkeyWhat
MrBinkeyWhat's picture

You mean the Employment Prevention Agency is Bad? /sarc

Wed, 01/18/2012 - 18:18 | 2076016 Lord Koos
Lord Koos's picture

Yes, the Chinese are currently the world leaders in pollution.  The kind that kills people and is really, really expensive to clean up.

Wed, 01/18/2012 - 22:27 | 2076737 ValidName
ValidName's picture

You ever lived in China? 12 months in this shithole and you would understand that response.  And no - they are not kicking our ass in any way shape or form.  This is the land of "8 or 9 is the same as 10" and the only reason they are even remotely capable of anything is because we rolled over and gave it to them.  And/or corporate cronies sold us out for a buck.

Thu, 01/19/2012 - 06:55 | 2077322 Hobbleknee
Hobbleknee's picture

China has pollution because they don't protect property rights.

Wed, 01/18/2012 - 13:40 | 2074853 Seasmoke
Seasmoke's picture

Time is truly running out

Wed, 01/18/2012 - 13:41 | 2074859 Dolemite
Dolemite's picture

PREACH!!!!!
Santelli - doing gods work 

Wed, 01/18/2012 - 13:50 | 2074910 Bananamerican
Bananamerican's picture

that was one of the weakest Santelli rants I've ever seen....too frickin cryptic for Joe 6

Wed, 01/18/2012 - 13:46 | 2074884 847328_3527
847328_3527's picture

"Yeah, Rick, nice how you string all that togehter.....yeah, good to talk to ya, Rick, errr........we'll talk to you, errrr....later...."

LMAO

Wed, 01/18/2012 - 13:49 | 2074897 ag3nt0rang3
ag3nt0rang3's picture

Ron Paul for POTUS Rick Santelli for VPOTUS 

Wed, 01/18/2012 - 14:42 | 2075169 clymer
clymer's picture

you got it half right. Let's leave Santelli on the floor, thanks

Wed, 01/18/2012 - 13:51 | 2074916 Rodolfito
Rodolfito's picture

Ways around SOPA - DeSopa (firefox addon), Tor & VPNs.

http://www.geek.com/articles/geek-pick/how-to-bypass-sopa-restrictions-20120112/

Wed, 01/18/2012 - 13:52 | 2074919 Random_Robert
Random_Robert's picture

Rick Santelli for President....

Wed, 01/18/2012 - 13:56 | 2074937 Stax Edwards
Stax Edwards's picture

It appears even the MSM is in on trying to incite the sleepy US citizens to rise from their slumber and take a look around.  I believe it was Brian Williams interviewing Morley Safer last night both incredulous to the new "Super PAC" unlimited $$ to buy your best legislation.  They both looked at each other knowing if the people don't fight this we are f'd. It is coming soon now methinks, get prepared.  Time to defend the constitution gents, godspeed to you all.

They have gotten most of the country looted now, I see the Gulfstreams lining up on the taxiway to whisk our banker overlords off to their next host.

Wed, 01/18/2012 - 13:57 | 2074947 SmoothCoolSmoke
SmoothCoolSmoke's picture

Here's the rant(s) I'd like to hear:

1. The markets are rigged.

2. Big banks own the gov't

3. The Fed lies to the American people.

4. CNBC cares about their ratings, not your money.

Any will do, but preferably all.

 

Wed, 01/18/2012 - 14:14 | 2075020 Hippocratic Oaf
Hippocratic Oaf's picture

Fuckin' A

Wed, 01/18/2012 - 14:40 | 2075144 Bob
Bob's picture

I've heard exactly that, in those words, many times from Ratigan.  And much, much more. 

Too bad he left the finance reservation for a place where, however inexplicable it is, he is truly free to speak his mind. 

And even worse that the blind ideologues can't allow themselves to watch him because of the network he's on now.  What a farcical charade of principles that is. 

Wed, 01/18/2012 - 14:55 | 2075247 SmoothCoolSmoke
SmoothCoolSmoke's picture

Agreed, I like Ratigan.  But his forum is not large enough.  What we need is a 'Walter Cronkite' to blow the whistle (ala Vietnam).  Sadly I do not think there are any more Walter Cronkites. 

Wed, 01/18/2012 - 15:20 | 2075344 therearetoomany...
therearetoomanyidiots's picture

What about "Tingles" Matthews?  

 

Actually if you can sit through his pro-israel stuff and crying, Glenn Beck is doing a great job on all of this. 

 

He had Kevin Freeman on this week talking about what really brought down the market in 08, and he's on again tomorrow with Lt. Gen. Boykin discussing his financial terrorism theory.  Has a pretty clean theory on it...this is a good clip from Tuesday's show...watch to the end and he discussed Phase III which he claims is happening now...

 

http://www.youtube.com/watch?v=UxG0LSnwx1U

 

Wed, 01/18/2012 - 16:07 | 2075545 moondog
moondog's picture

Glenn Beck is a NEOCON. He's a self serving douchebag.

http://youtu.be/L6C6E6ayh4U

Wed, 01/18/2012 - 16:37 | 2075644 psychobilly
psychobilly's picture

http://youtu.be/L6C6E6ayh4U

lol.

Beck is a Judas goat. Anyone who takes him seriously is an utter fool.

In keeping with recent themes, it should be pointed out that government schools make the lower orders particularly susceptible to this sort of demagoguery.

 

Wed, 01/18/2012 - 18:28 | 2076046 therearetoomany...
therearetoomanyidiots's picture

 some people are dumb as fuck.  

Wed, 01/18/2012 - 14:01 | 2074972 HD
HD's picture

Not Rick's best argument...but still better than anything that's ever come out of Cramer's mouth. I have no love for big government or the lying, self serving politicians who use it as a tool to get rich and grab power (Republicans and Democrats alike).  However, go back to the late 60s, early 70s and our air and waterways were flat out China level toxic in many places. Corporate America didn't clean it up willingly - they pushed back hard. The Consumer Protection Agency may seem unnecessary to Wall Street (and maybe it is) - but it's what you get when you deregulate everything and watch a handful of bankers tank the entire world economy and then complain after being bailed out repeatedly by tax payers. You reap what you sow.

SOPA is a massive power grab. I think congress is stunned that people were paying attention...but after NDAA and renewing the "patriot" act without so much as a second thought - congress pushed it's luck. What the MPAAs Dodd and others don't realize is that SOPA failing is a good thing for them. I guarantee a few months after the first wave of SOPA take downs occurred (i.e Pirate Bay)- a new, much harder to track and stop method of file sharing will take hold - making catching real terrorists and criminals all the harder.

 

Wed, 01/18/2012 - 14:09 | 2075011 SmoothCoolSmoke
SmoothCoolSmoke's picture

So true.  I used to swim in the 3 rivers in Pittsburgh in the 60's and 70's as a kid.  I still worry about having done that.  Today Bass Masters holds tournaments in those same rivers.  My wife and I often wonder how the fish got there, since there were no fish there 40 years ago.

Wed, 01/18/2012 - 14:56 | 2075256 SomethingWicked
SomethingWicked's picture

The fish eventually adapted to eat chromium tailings, fly ash deposits and the occasional anti-union activist partially encased in concrete.

Seriously, though, once the iron works closed down Pittsburgh cleaned up somewhat.

Wed, 01/18/2012 - 14:06 | 2074994 The Axe
The Axe's picture

Meanwhile back at the farm the market is going strong on the back of Semi's   Could this be for real???/   crazy

Wed, 01/18/2012 - 14:09 | 2075009 Waterfallsparkles
Waterfallsparkles's picture

Santelli is the Man.  He is the only one on CNBC that tells the truth about the Market and the reality of the real World.  He has a lot of sympathy for the Retired Generation with the Feds 0 interest policy.

I love watching him.  We all have to thank him for starting the Tea Party movement.  Yes, there are times that his opinion rings around the World.

Wed, 01/18/2012 - 16:01 | 2075524 moondog
moondog's picture

We have Ron Paul to thank for starting the Tea Party movement. There, fixed it for you.

Wed, 01/18/2012 - 14:09 | 2075010 peekcrackers
peekcrackers's picture

 

Rick Santelli .. Is a stand up guy for MSM.. as stand up as as TPTB let him.

Wed, 01/18/2012 - 14:14 | 2075023 djsmps
djsmps's picture

Sorry Rick, but there are lots of people for piracy

Wed, 01/18/2012 - 14:20 | 2075060 HD
HD's picture

Indeed. But Rick, best of the CNBC lot no doubt - but still on the Comcast payroll.  Not that Comcast knows what it wants...

http://www.techdirt.com/articles/20120110/18081517371/comcast-owner-nbc-...

Wed, 01/18/2012 - 15:31 | 2075422 onebir
onebir's picture

Especially when "piracy" is defined based on copyright laws bought and paid for by corporate interests...

Wed, 01/18/2012 - 14:16 | 2075035 Flocking swans
Flocking swans's picture

FUCK santeli, FUCK his "busy day," and fuck his brownshirts too! SOPA/PIPA same as EPA?!

FOOLS! santeli has wall street santorum dripping off his nose. Period.

Wed, 01/18/2012 - 14:17 | 2075043 Belarusian Bull
Belarusian Bull's picture

The guys looks like he is on ampthetamine.

A lot of Americans make that impression by the way.

Anyway, i like this little piece of common sense.

Wed, 01/18/2012 - 14:19 | 2075051 Tsar Pointless
Tsar Pointless's picture

Rick Santelli is a dick. You can't trust him - he works for a BUSINESS channel, people. How can't you get that?

BTW, all of you people who would love to see the EPA go bye-bye, take a look at the past to see your future.

http://multimedia.post-gazette.com/ThenNow/20120116_FifthAvenue/default.asp

The photo on the left was taken at 12:10 p.m. That's in the early afternoon.

As someone who has contracted environmentally-induced asthma, I fear the elimination of the EPA.

Wed, 01/18/2012 - 14:49 | 2075212 Bob
Bob's picture

Don't worry--when you identify the exact source of the toxins you can pay a lawyer to sue the corporate offender.  After 10 years of delays funded by deep corporate pockets, you won't net any money on it but I'm sure you'll be breathing like a champ again. 

Free market, baby!

Ron Paul 2012

Wed, 01/18/2012 - 14:58 | 2075261 GovtMediaLiars
GovtMediaLiars's picture

No EPA does not have to equal no quality control. 
Would you oppose privitising it?
There are several ways such a firm could generate profits without too much conflict of interest.
EPA is just a beurocracy after all. It is congress that passes the laws and I doubt a huge federal agency is really needed to just enfore what is already on the books.

Not enough time to get into any details but alternatives do exist and you may just find some of them to be acceptable to yourself.
Critising a huge corrupt beuracracy =/= critising the goals/intentions of that agency.
We all like reasonably clean air and water etc.

Cheers!
GML 

Wed, 01/18/2012 - 15:46 | 2075465 karzai_luver
karzai_luver's picture

There is not a single person in Congress that understands or could enforce or monitor anything the EPA does.

The only way you would ever gain funding for a private agency without forcing companies to pay for the nod of  approval would be to collect on actions brought against the offenders.

 

You want to setup something similiar to the rating agencies, yeah pay for ratings worked really well there.

 

let's do that again.

However flawed the current setup is , the fact is that on the big stuff you have to try prevention not catch the crooks after they have made the money and left town.

You don't want the smoking facility to be a mushroom cloud now do you?

 

 

Wed, 01/18/2012 - 14:38 | 2075146 The Deleuzian
The Deleuzian's picture

Santelli used to be the 'voice of reason' against the lame explanations given by the 'prop up shill' commentators...Not sure what that was...He looked more like John Madden criticizing some busted zone coverage resulting in a touchdown...

Wed, 01/18/2012 - 14:38 | 2075149 the grateful un...
the grateful unemployed's picture

number six was censored? damn those dry erase boards

Wed, 01/18/2012 - 14:39 | 2075151 bugs_
bugs_'s picture

thanks rick

Wed, 01/18/2012 - 14:52 | 2075233 apberusdisvet
apberusdisvet's picture

The EPA, on face value is a good thing.  But its actions during this Great Recession (Depression?) seem to be unnecessarily destructive.  Closing down coal plants without alternative resources available.  Billions to failed solar/wind projects. Obama:  "your electricity bill will necessarily skyrocket".  Flouridation of water supplies when it has already been proven that flouride leads to hardening of the arteries.  The agenda seems to be purposeful destruction of the middle class and a greater entitlement society.  Can't pay your electric bill?  Don't worry; here's a voucher.  Big Government is the only answer, dontcha know.  Don't worry about the control over your individual decisions and the growing police/military state.  As long as you obey, you'll be fine. 

Wed, 01/18/2012 - 15:39 | 2075456 karzai_luver
karzai_luver's picture

and yet there is no shortage of coal.

Wonders never cease.

Orange juice does more damage to your arteries than flouride.

Maybe Ricky boy could go on a rant about the soft drink assasins pushing their poison , nah can't have that.

 

 

Wed, 01/18/2012 - 15:07 | 2075309 blunderdog
blunderdog's picture

That rant made no fucking sense at all to me, but I guess if you're into shouting middle-aged men, sure.

Wed, 01/18/2012 - 15:15 | 2075354 Crispy
Crispy's picture

Your kids will ask you "what was the internet?" You will say "the last free market that ever existed".

 

Wed, 01/18/2012 - 15:35 | 2075439 PLove
PLove's picture

Santelli plays the margins really well.

The Ponziz couldn't care less.  

 

http://www.barefootsworld.net/fs_m_ch_07.html

Wed, 01/18/2012 - 15:35 | 2075443 therearetoomany...
therearetoomanyidiots's picture

Hitler reacts to SOPA...it's not to often I find myself agreeing with 'hitler'.

 

http://www.youtube.com/watch?v=uvXo4sGB7zM

 

 

Wed, 01/18/2012 - 16:21 | 2075590 Bob
Bob's picture

Hilariously surreal.

Wed, 01/18/2012 - 16:02 | 2075530 spooz
spooz's picture

Didn't realize before what a simpleton Santelli was.  I like him when I agree with him.  I hate SOPA, but why tie it into other issues that are hardly black and white?  He looks like a tool here.

Wed, 01/18/2012 - 16:27 | 2075612 blunderdog
blunderdog's picture

He looks like a tool here.

No, no--that's just the shape of his head.  He gets that a lot.

Wed, 01/18/2012 - 16:05 | 2075542 Gamma735
Gamma735's picture

Erin Burnett is sure easy on the eyes, though.  I miss watching for 3 hours daily on the tube.    One hour is just not enough Erin Burnett for me.

Wed, 01/18/2012 - 16:57 | 2075712 exartizo
exartizo's picture

Santelli is just another talking head continuously hyping the extend and pretend, lie and deny game of his Wall Street Overseers.

Wed, 01/18/2012 - 20:42 | 2076477 steelrules
steelrules's picture

You got that right, on MF Global he was silent about people losing their money from segregated accounts but boy did he make a stink that the MF traders at the CME were locked out and couldn't get on the floor, "two face santelli".

 

Wed, 01/18/2012 - 17:11 | 2075743 killedbyshortvol
killedbyshortvol's picture

Rubbish from Rick.  I prefer both clean air and a free internet.  EPA's intent is to protect a resource, the environment, which belongs to all of us.  SOPA's intent with respect to the internet is quite different.  Leave the whiteboard and big letters for the Hannity / O'Reilly crowd.

Thu, 01/19/2012 - 07:03 | 2077327 Hobbleknee
Hobbleknee's picture

All you need to protect both is respect for property rights.

The EPA is just another tool the government uses to control who gets what.  If the government really cared about the environment, why would they dump hundreds of tons of depleted uranium all over the middle east?  Why would they hide information about radiation from Fukushima and raise safety levels of accepted radiation in the environment?  The government is, in fact, the largest polluter.

Wed, 01/18/2012 - 17:49 | 2075899 indio007
indio007's picture

As someone that entered IT in the BBS days, the cat is out of the bag . The internet can't be censored. It doesn't matter what they do. We will route around it.

I do find it funny they the media companies are behind this. They have lost their ability to convince to majority of people with their lies. All that power has slipped away. They want the internet to function the same as television.i.e.  YOU WILL SEE WHAT WE WANT YOU TO SEE DAMNIT!

I also find it funny that the main purveyors of per to per software are these same companies... go figure. False flag copyright violation is you ask me.

Wed, 01/18/2012 - 18:08 | 2075995 blunderdog
blunderdog's picture

I do find it funny they the media companies are behind this.

Why?  It's to be expected. 

The RIAA and MPAA have been conspiring (w/government assistance) to fix prices on their products for almost 25 years now.  They've been doing it for so long they expect it to continue indefinitely.  This is just another extension of the original premise, which is that when technology makes your products obsolete, you can enforce laws that will prevent the technology from being employed.

There's plenty of historic proof of the relative success of these efforts--that's why we still have thriving buggy-whip and telegraph industries in the USA.

Wed, 01/18/2012 - 17:56 | 2075929 xela2200
xela2200's picture

FIX IT!!!

I cannot live without wikipedia. Yesterday, I went to check some fact in it, and I noticed an ad protesting the new internet law coming out. They had the site down for 24 hours as protest. I have to admit. That did worry me big time. Wikipedia is not a pirate p2p site, zh, or some political site. It is wikipedia! I do NOT want to see the evolution theory edited for political correctness. It is amazing how sneaky this politicians are. They will do it in secret and then blame each other when it passes. EWO my ass (bunch of clueless hippies).

 

Imagine a World
Without Free Knowledge

For over a decade, we have spent millions of hours building the largest encyclopedia in human history. Right now, the U.S. Congress is considering legislation that could fatally damage the free and open Internet. For 24 hours, to raise awareness, we are blacking out Wikipedia. Learn more.

From wikipedia site.

 

Wed, 01/18/2012 - 20:35 | 2076461 jmcadg
jmcadg's picture

How dumb was the anchorman - "So you're for the anti piracy law Rick" - derrrrrrrrr What a div.

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