Rick is one of the three people we listen to on CNBC. Somebody has to run turn up the sound when he comes on and he usually doesn't disappoint with sanity and good logic.
CNBC's Rick Santelli asks the (rhetorical) question that everyone should ask:
"[What the Fed minutes said] is, listen, we have to wait for bigger
confirmation that the economy is doing better; and for that, we're going to look
at the employment side. [At the same time] we have the fewest people working
that can work in 30 years, and all-time-record-high profits for corporations.
Now, does that strategy sound rational to you?"
It seems,
now that Ben Bernanke has seemingly promised that it will really never end, that
Santelli's question will become increasingly critical in this country.
Never, in the history of the world, have the 1% made off with so much from the poor.
