Rick Santelli
Rick Santelli
Rick Santelli is an editor for the CNBC Business News network. He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for futures-related products. He is also credited with being a catalyst in the early formation of the Tea Party movement via a statement he made on February 19, 2009...
NationalityAmerican
ProfessionJournalist
Date of Birth12 January 1953
CountryUnited States of America
I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.
I think that there's been a lot of people in Congress that didn't know all the ins and outs of the Constitution. I think we have a whole roomful of people that have record legislation in terms of quantity of pages that didn't read it.
I personally think money in politics on any level is horrible. I'd like to see a set amount and have every candidate spend it. Have it be completely transparent. But actually getting to that spot, as we have learned through all the legislation over the decades, is very difficult.
The unique thing about our country is that we don't get behind politicians, politicians get behind us.
I believe there's only one regulation in life that works: failure.
We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not.
Every October there's always increases or drop-offs, and I think this year will be no exception.
The jobs outlook in the U.S. isn't very good. And it's really about young people.
The inflation front really holds no glitter for the bond market.
The jobs outlook in the U.S. isn't very good. And it's really about young people.
If you read our Founding Fathers, people like Benjamin Franklin and Jefferson - what we're doing now in this country is making them roll over in their graves.
I don't believe anyone should ignore all the fires around you and stand pat and not worry about getting singed.
At the end of the day, the markets are my passion.
Challenging leaders is as American as it gets.