19 Burst results for "Rick Santelli"
"rick santelli" Discussed on News Radio 920 AM
"I'm sorry. It's science. If you wear that mask, it's a different story. 100. People in the lows aren't any safer than 150. People in restaurant that old 600. I don't believe it. Sorry. Don't believe that you're gonna hear there was a lot of restaurants that have fought back and they don't have any problems and they're open. Okay? You don't have to believe it. But let me just say this. You're doing a disservice to the viewer because the viewers need to understand that the viewer you are You are. I'm sorry. I'm sorry. If I would like to keep our viewers as healthy as humanly possible. Believe in the idea of packing people in the restaurant they carve uses people into a final decisions on their own really different things that I'm much smarter, different things. All the viewers like some people do. Amen. Look at the CNBC guy trying to tell Rick Santelli what he has to believe, or he's a science denier. I mean, really, give us the fax. We'll decide you're listening to Glenn back. Use radio 9 21 047 F M. Wanna talk to you about this great company in Dayton, Ohio, called tempeh Gen X. This is the company that makes the temple toss forehead thermometers, and they're started by women entrepreneurs who I greatly admire their true amazing patriots and really what they have stepped up and done during this crisis is nothing short of a miracle..
"rick santelli" Discussed on 710 WOR
"It's Buck Sexton on 7 10 W O R. I'm not the only one who's Curious about this in the media. That's the good news. I've been going after the cove. It lies harder than almost anybody. There are a few others who have been really strong on this one. But Rick Santelli Speaking of the tea party, That's the guy who's got the tea party started. Remember that it's from his rant. That's however, got the idea of the tea party. This guy Rick Santelli, CNBC here he is having the classic exchange. Of this moment where it's smug, elitist, wealthy Live who can stay at home have door dashing who take the edge off the day? He doesn't have to worry about anything, and he doesn't want the peasants getting all uppity about how they're small businesses are being ruined, or they can't see any of their elderly relatives. This This holiday season. You know if people understood what the death data was year in and year out In this country. How many people are dying, Especially in a certain age group all the time. They might feel a little differently about saying sorry. Nine months, 10 months, 18 months of your life not allowed to see people. Too dangerous. You know, if you're 97 you want to see your loved ones. I think you should be able to. I don't think you should be told just six more months. But here's here's Santelli play. It can't tell me that shutting down, which is the easiest answer is necessarily the only answer. Rick. I just just isn't as a a public health and public service announcement for the audience. Difference between the big box retailer Is this difference between it and the Angels? Different difference between a big box retailer hold on the difference between a big box retailer and a restaurant. Or, frankly, even a church are so different. It's unbelievable. Always pre tell you where I disagree. You're where you can have your thoughts, and I would have liked to wear a mask disagree. Science. I'm sorry. It's science. If you wear that mask, it's a different story. 100. People in the lows aren't any safer than 150. People in restaurants that holds 600. I don't believe it. Sorry. Don't believe that you're living area where a lot of restaurants that have fought back And they don't have any problems and the rope, okay, You don't have to believe it. But let me just say this. You're doing a disservice to the viewer because the viewers need to understand that the viewer you are You are. This is that smug Lib. It's science. It's as if he knows anything about science, and this is actually public policy. This isn't science. If it were science, as in, there's a right answer and a wrong answer. They would have gotten the answer, right? Don't you think? Somehow they haven't as anyone can observe for themselves. All this stuff we've been doing all these preparations all the old wear your mask mask it between bites mask indoors for dining outdoors for dining. All this stuff we've been doing. Has not worked. That is obvious. And I must give up this right now. I am getting attacked online by the social media companies now for saying things like that that the policy has not worked one. I'm right, and that's obvious and two that is an opinion about a public and political concern. That's not a fact Checkable thing, but they treated as a fact check. So they consent, sir, so that idiots like it's science guy can keep on going around thinking that they're not in Brussels who are the enemies of free speech and the free exercise of ideas and your freedom as an individual? What does it mean to be a fact checker when Social media these days is citing tweets, even from the president as needing a fact check? The propaganda machine friends. I'll explain what a threat this is to our country. Next on 7 10 WR. Hello,.
"rick santelli" Discussed on No Agenda
"A start anyway. Back to the thing at hand cheating it's not for poc rec- which exists. It's the fact that i think. Many of these governors are intelligent people and they love their families which they've taken out into restaurants therefore there is actually in should be an ongoing debate as to why a parking lot for a big box store like by. My house is jammed. Pack now one parking spot open. Why are those people any safer than a restaurant with plexiglass. I just don't get it. And i think there's and i don't think this has really been discussed. You and i have talked about it a couple of times saying. Why is this big big box store safe and the rest is and we've talked about this. No one really dissuaded. I do do do before he leads us. We do a lot of setup serta get. Make sure this works Sorkin is going to defend the big box stores as being totally different totally different scientists finn. I think what you might. You might make the argument. Even though he doesn't do it. You might make the argument that well when you go into a costco which is open. There is almost like being outside. The roof is a mile high. There's a lot of airflow in there and it's like being assessed. So it's different than a small boutique in my complaint of courses that people go into target or costco and buy clothes. But they can't go into a small boutique and by close right now. That argument about the boxer. I want people to keep in the back of their mind. The concept death target doesn't have the ceilings correct target is just as far as i'm concerned a department store they'll know the target remember. This is a financial show. Were meant to hype certain stocks to make sure people buy them. Why are those people any safer than a restaurant with plexiglass. I just don't get it. And i think there's a million of these questions that could be asked and i think it's really sad that when we look at the service sector and all the discussions we've had about the losses that that particular dynamic isn't studied more is it worked more more people in a room and try to figure out ways so that the service sector employees and employers could all come back in a safer way. You can't tell me that. Shutting down which is the easiest answer is necessarily the only answer i just just as a public health in public service announcement. This is my favorite as a public health and public service announcement. I'm andrew ross. Sorkin and i have written billion so let me tell you what the scientists for the audience. The difference between retailer. I'll say who's that the difference between the different who different like how the co-hosting who else man you know who it is. It's the douche who wealth. Could it be three. Taylor hold on the difference between that big box retailer and restaurant or frankly even a church are so different. Unbelievable our really attractive. I disagree you're gonna have your thoughts to wear. I disagree science. It's is see that's the problem dammit. Whenever you and i disagree over something john eight. We the the the way used to arguments online was your hitler. Say science if you say that end of discussion because you can't dispute science find different story. Roger people at a law aren't any safer than one hundred fifty people in a restaurant that hold six hundred. I don't believe it sorry. Don't believe and a lot of restaurants then fought back and they don't have any problems and the robed okay. You don't have to believe but let me just say this. You're doing this service out of the viewer because the viewers need to understanding a viewer. You are you are. i'm sorry. I'm sorry if i would like to keep our viewers. Healthiest human. the idea packing people in the restaurant. I think our user smarter not that. I'm much smarter. Then of you're like some people do get in here please. Don't like mommy and daddy fighting for your work for you. I mean look at the numbers and then this guy. Rick look at an disguise at who's this this is the fat head got look at the numbers. Rick how's that working out for you rick. Why don't you just say he should just added. These people are dead because of trump rick. You know that it's working out. I think the numbers ally rick rick. The numbers show that. I understand that when people are getting sick and dying with this show talking about this. There will be no agreement. Let's move on from here. He's done they're gonna fire him sorkin or rick vic. I don't think so. I mean if if they don't he then he read book it if okay all right. That's that's worthy one. If if they don't fire him that'll be the equivalent of having tenure on television. That's for sure. Because that's an. I i hear what you're saying. Let me just see. Date is december. Six twenty twenty. We have eleven thirty one a. m. j. c. d. a. c. rick santelli fires. And tell you yes. Anti covid restrictions. Okay the book. I'm not going to dispute it. Not going to dispute. The science on the other hand is being disputed the number of ways and this one is cropped up recently in ireland as you can recall ireland has pretty much changed their population to their four poster beds closed down the pubs. And that's like cutting off. Oxygen supply Ireland one of the most restrictive regulations. That is rule set. That have been put in place. And there's this woman gemma doherty and she has spent a lot of time going around to as she. she kind of. Looks like the code. Pink lady surname again. You know. I mean. I know the needs to wash your hair. Yeah well yes. The flashy the flask flaccid kind of blonde hair. Thin hair And she's spent time going around ireland exposing on video that the hospitals are empty. Which of course we've seen this set anywhere you can't but she's been doing except always one or two places where you can't and that's where they send the cameras in fact that's reminds me and i have to do this. And i feel remiss for not doing it. Because i've been thinking about it for days on end is these nbc. Cbs abc show people getting a line of cars. Yeah uk shows on a show. Because but it's been a line of cars mile long. Yeah into like a football field lined up for hours to get tested. Yeah i think it's the same line they show for the food bank by burke go to berkeley this week and take a picture of the testing carline testing thing there. There's nobody there but this isn't even testing. This is this is what's happening in. The wards is just not there. They've cut back on personnel no. I'm just saying they. You can find places where there's a long they. That's what he's an camera. Yes so jimmy. Doherty.
"rick santelli" Discussed on 710 WOR
"Sexton, 7 10 W. O. R. Whenever somebody says it's the science. You want to be very skeptical these days. Whatever Whatever Somebody tells you that you have to agree with them because science you'll notice that Most of the time that people say that not only do they are they not scientists, but They're neither knowledgeable about science were really much of anything else. For that matter. They don't seem particularly well read or Up on things. We have a perfect example of this. Where you have remember Rick Santelli. Guy was great. He was the one who started CNBC guy he started The tea party People forget this. He said that we should have a Boston salty party after the after the financial crash, 2000 and eight the mortgage meltdown all that, he said. We need a Boston tea party in this country. And the tea party actually caught on. He's credited with starting that movement just by saying this on TV. It was just one of those things that went viral and then had real impact. But with Andrew Ross Sorkin Santelli had a little bit of a little bit of Ah, tiff today. Over whether or not there should be different kinds of lockdowns for different places. Why is it fair? Have these arbitrary distinctions. Here's what her. Here's how that went. Tell me that shutting down which is the easiest answer is necessarily the only answer. Rick. I just just isn't as a a public health and public service announcement for the audience. The difference between a big box retailer is this hold on the difference between it. It's the Angels different difference between a big box retailer. Hold on the difference between a big box retailer and a restaurant or, frankly, even a church are so different. It's unbelievable. There's a big box retailer where I disagree your way you could have your thoughts and I didn't want to wear a mask disagree. Science. I'm sorry. It's science. If you wear that mask, it's a different story runs. Your people in the lows aren't any safer than 150. People in restaurant that holds 600. I don't believe it. Sorry. Don't believe that you're living here. There was.
"rick santelli" Discussed on WIBC 93.1FM
"C. I've been seeing headlines here and there about this thing on CNBC. Earlier today, they were talking about employment numbers, and you know the effect on the economy of small restaurants closing, but you know, you had stores like Wal Mart. Lowe's Still allowed to be open Hammer. Can you fill me in on some details here? This a feud that happened today on live TV. So what? It was a panel discussion, but it really came down to two guys. Rick Santelli and Andrew Ross Sorkin and these guys kind of really got into it. So the first person you're going to hear here is Rick Santelli. This was live on CNBC earlier today. I believe in careful when I point out governors cheating, it's not for the hype hypocrisy, which exists. It's the fact that I think many of these governors are intelligent people, and they love their families, which they've taken out in the restaurant's. Therefore there is actually an should be an ongoing debate as to You know why a parking lot for a big box store like by my house is Jim Pack, not one parking spot open. Why are those people any safer than a restaurant with plexiglass? I just don't get it, And I think there's a million of these questions that could be asked, and I think it's really sad. When we look at the service sector and all the discussions we've had about job losses that that particular dynamic isn't study more is it worked more? We don't put more people in room and try to figure out ways so that the service sector employees and employers could all come back and they safer way you can't tell me that shutting down, which is the easiest answer is necessarily the only answer. Nice. That's Rick Santelli. He kind of lays it all out. No question. Agree 100%. Well, Andrew Ross Sorkin. He wants to disagree just a little bit. The differences in that big box retailer In a restaurant or, frankly, even a church are so different. It's unbelievable. Oh, yes, about three tests where.
"rick santelli" Discussed on The Michael Berry Show
"His bill but this morning. Cnbc cnbc's rick santelli and guest andrew. Ross sorkin sorkin engaged in a little discussion over some of the restrictions placed on restaurants in the private sector. During all of this. it is santelli. Who says you can't tell me that we need to keep closing everything down and cnbc's andrew ross sorkin is Adding onto that just highlight something. The the background of this whole discussion comes with what we're seeing in terms of covid cases and we're seeing maybe stimulus but we're seeing calls for for not necessarily closing things down but certainly there are some calls to closing except for the politicians themselves but for their constituents. They're talking about you. Know they need to be much more. Careful we're hearing right. Yes no believe me. I believe in careful. When i point out governors cheating it's not for the apocrypha which exists. It's the fact that i think. Many of these governors are intelligent people and they love their families which they've taken out into restaurants therefore there is actually in should be an ongoing debate as to why a parking lot for a big box store like by. My house is jammed. Pack now one parking spot open. Why are those people any safer than a restaurant with plexiglass. I just don't get it. And i think there's a million of these questions that could be asked and i think it's really sad that when we look at the service sector and all the discussions we've had about job losses that particular dynamic isn't studied more isn't worked more. I don't think people realize how much we have destroyed individuals and their livelihood. And this this you don't turn this back on easily. People have lost their savings. How can you tell how can it be that. On saturday and sunday grown men can all touch the same football back and forth lay on top of each other sweat on each other breathe on each other. And that's okay see. I don't want to shutdown football. I don't want to shut shutdown anybody. My problem with the hypocrisy of the democrat mayors and governors isn't that i demand that they be stuck at home as well because of their orders. It's just the opposite. Let people make decisions. Smoking causes lung cancer. We know that we don't make it illegal. Car wrecks can kill you. We let you make that decision for yourself. Now go support small business. You don't need anything by a gift car..
"rick santelli" Discussed on The Gerry Callahan Podcast
"Happiest about this WHO's happiest about the bubbling thing? Happiest Give you a hint. You always marvel at her shoes. Kamala Kamala. Avenue, lutely absolutely. I think more people are onto this the whole scheme that they've devised that Joe Buns, a placeholder that the far left, which is by the way included includes Michelle and Barack Obama they wanted Kamla because they know she's the next president she's the president waiting. She's the one who's going to let you know AMC and Bernie, Sanders and e Laha. Omar, into the Oval Office I mean this is a cabal in some. Insightful next nights her ascension. Time I mean remember the Biden. At least has to get in and then install friends and allies into good positions and take care of people and make sure that people get nice kisses in the mail of one kind or another Jimmy Biden has to be taken care of and hunter, and all these other allies have to be taken care of. and. But this now this means Biden will be compelled. To leave almost immediately almost immediately because first of all he's going to, he's not sent one. And he's a lot of these people who he's GonNa try to install are going to be more moderate whoever's left in the Democratic Party who moderate And the left is going to feel that they've got momentum. Now like they've all year, they've already changed the language media already works on their behalf. The world is different. Now you know the culture of woke ISM has is now the the required religion of everybody. In it's not gonNA, stop in January they're going to want their stuff done immediately green new deal stuff done immediately remember Biden was willing to do it for Obama with slender and all that stuff back in two thousand nine. But that's when the only had marginal influence. They have now these. Tom They don't care about that. They don't care about anything. It's all about. Keeping. This blackout going for six more days. That's all they have to do. It doesn't matter what kind of crap comes down on their heads next Wednesday doesn't matter once he's elected he could could quit or you know check out for health reasons you know next week I mean as long as he wins as long as trump gets defeated the media in their mind done their jobs again, they don't care about journalism. You know what? He's the you know it's really important to Jake tapper right now into. A to. PHILA- bump and Maggie Haberman. Plausible deniability. Those are the words of the day plausible than. They could say, Oh, we're you know I was busy working on a corona virus story or I was busy working. You know there's there's writing or whatever the economy that could say there are more important things climate change I today's up. So brought to you by flagship wealth with me again, Dave mcdonagh Dave we've got the election just around the corner. So give. ME A LITTLE CNBC ask go to Rick Santelli some would say give me a little market update. That's a tall task day but here's the bottom line last week, retail sales double the experts expectations this week housing market booming unemployment dropping all good news on the Economy David..
From The Tea Party to The Resistance
"Imagine it's early. Two thousand nine. Barack Obama has just been sworn in as the first african-american president in the history of the United States after momentous election soon resistance arises. The Tea Party comes into being all over the United States. In many places people come out to say they don't like what's going on and they wanted to stop now fast forward another eight years too early. Two Thousand Seventeen President. Donald trump has just been elected and the same thing happens people all over the come out to say they don't like what's going on and they wanted to stop so the tea party and the Democratic Resistance. Are they similar? Are they different? What can we learn by looking at the two of them together? Hi I'm Avi Green. And this is the scholar strategy networks no jargon each week we discussed an American policy problem with one of the nation's top researchers without jargon in this episode. I spoke to Lagos. She is a doctoral student. Sociology at Harvard University and it contributed to the book a- bending American politics which just came out edited by Caroline Turbo and are very unbeatable. And here's our conversation. Thanks so much for coming under jargon. Thanks for having me so we could. You've set the stage by telling us some something about the tea party. No what what did professors got bull. I think. One of your other colleagues Vanessa Williamson. Learn about the tea party. You can give us that background that that would be great. Yes so professor. Scotch and Vanessa Williamson have published a lot of really interesting work on the birth of the Tea Party. And what they've done since they started in two thousand nine so after. President Obama was elected there. Was this backlash and it started off really small and small in the way that it was something people were talking about. They weren't excited for the politics of of Obama they weren't excited particularly for the economic policies. That would come with a stimulus which was referred to as Porculus and so a commentator on Fox News Rick Santelli told supporters and people who are listening. Let's go out let's protest. Let's throw t in the river. Which really translated to? Let's make our own uprising against what we think are really bad. Economic Policies so the tea party was a movement of people acting at the local level and they did this by making friends at protests between Tax Day April two thousand nine to the march on Washington in September of that. Same year organizing their friends reaching out to people on meet up on this before facebook. I really popular we kind of have to remember. This was actually ten years ago now. And the idea truly became something of we are trying to make a movement out of educating people who are interested and saying no to Obama's politics and as educational movement was wasn't is really spectacularly unique because it involved local groups engaging with one another so sharing information where he together to host lectures workshops but also working with national level funders and think tanks and candidates support groups that would be their packs that would be the candidates themselves and then also the RNC and what happened in two thousand nine is Americans for prosperity Civitas. The John Locke Foundation the coke brothers. They all got together whether in public or privately and we're starting to fund these groups not just through grants to do things or signs but their education. We want to support certain economic and voter policies in particular so came down to this idea that we're going to give education opportunities to these local groups e solid partnerships between the John Locke Foundation between Civitas. And this idea of saying let's go on educate people on the constitution. Let's talk about how local politics works and so these groups working in tandem with national organizations and there was a relationship there that started to push the party to the right large part the Republican party largely. Because there's no compromise so the tea party wasn't about finding a middle ground. It was like they took their suitcase. And they marched to the right and they haven't really stopped since and think tanks and these foundations went with them and at this time the Republican Party. Rnc were particularly hollowed out in a sense that there wasn't a lot of national and local support and there wasn't a lot of work between those two factions of the organization. So they kind of just had to go with the. Rnc could say we're a powerful group of tons of people who love the RNC who loved the Republican Party. Being what it currently is and we're GONNA fight for our status quo or are moderation or center right or there's a few people and they were basically quickly stampeded. Moseley by this this kind of insurgency on the right yes so jumps forward eight years to the flip side and before you tell us what. You found out about the resistance. Because I think you've found out a ton of things I love for you to tell me about what it was like to do this research like was this about like looking at big data sets and sitting in front of computers. Or did you get in a bus or a train or a car go someplace and if so where did you go? Yes so the thing that interests me most about the jumping forward as we have to remember that the tea party still exists so jumping forward as almost like getting on a train and we're all going in a direction of the future which is currently now the tea party produced all of this knowledge about how to engage congressmen and senators congresswoman. Anyone WHO's working in local national politics and so when it came time for the two thousand Sixteen Election Liberal Democrats were all just of course Hillary Clinton's going to win and didn't everyone was unbelievably stunned. Stunned sad I haven't seen the word devastated so often on social media and in the news before this moment and so you have. This question of people are wondering who voted for him. What's the direction America's going in? I'm devastated what's happening. And this is happening in local communities in rural areas and cities on college campuses and churches. There's this response that you see your friends on social media and this big idea of what we're looking for an we're trying to understand right like what happens after election of Donald Trump is. We automatically know. There's going to be something similar to the tea party solely because of this massive immediate response on facebook so there was a group. I don't know if anyone was a number. It was a secret group. It was called pantsuit nation. But I I'm just going to tell tell our listeners. I have to admit it I was not a member I was. It was an exciting experience. I think at the height of the group which was the day of the election. There's almost three million members and grew the idea that was you would share your excitement for a female president would wear your pants suit or your child aggressive dress up in a pantsuit to go to vote and once. Hillary Clinton lost this group went from being cheerleaders to being a support group and all of a sudden a member in this group. Teresa shook was like why don't we have a march on Washington and I'm going to jump ahead a little a pants. State Nation Actually took on nonprofit status. It was no longer able to be politically engaged in the same way so groups. This is where this whole local grassroots movement kind of picked up force. I WANNA fly there too. I think that's like a whole interesting story in itself you know. And we've had other researchers talked about the ways in which the land therapy and tax laws distort what people are able to do because activists say like. Oh I want to do war of this work and then the first thing people say. Let's get some grants so we can do it and it was like well. Let's be a five hundred eighty three and then you can't do politics the way that you were doing it before and it's a it's a very strange set of things that are happening. We talk about like it's a natural thing but it's all a manifestation of ways in which our our tax laws in our laws about regulating politics advocacy and. Who GETS TO DO IT? You know play out in real life. It's almost as if we walked into a vacuum where people want it to be able to tell stories of that experience of the support of a woman running for president her loss. And that's what happened with dancing nation but at the same time you had millions of people primarily women who were saying. I want to be more involved. I WANNA do more. How do I do it? And so there's this large push for March on Washington which became women's March which happened and two thousand seventeen and at the same time. So we're still kind of in December. You see something pop up online. It's the indivisible guide so who wrote it in and what is it and how did that play a role so visible guide was written by as relevent Leah Greenburg? Who are at this point in time have experienced as congressional staffers. Dc insiders so they understand what the tea party has been doing for the last eight years. So they post a Google doc and remember tea parties. You've been using meet up basic aged him out where eight years in the future. We've got new technology. The Google doc explodes wasn't side of it is a list of ways to beat. Donald Trump in the future based on what the tea party did. Just kind of completely agitate Obama's efforts for eight years
September Jobs Report
"It's the first Friday the of the month jobs Friday. When the Labor Department releases the number of American jobs lost or created the month before as well as the latest unemployment number jobs. Friday is always weighs on Friday and it's always at eight thirty. AM So on Squawk box. It's pretty much always free. There are a lot of voices in this conversation including our economics reporter. Steve Liebmann plus all of noisy traders behind our reporter. Rick Santelli who joins the team from the Chicago Mercantile Exchange Andrew will walk you through the rest of our panel joining us now Halston Goolsbee in the Windy City University of Chicago Booth School of business professor and former council of Economic Advisers who's chairman. It's great to see you my friend. Kate Moore's here strategist at blackrock. Dave macintoshes joining US President of the club for Growth and a former US congressman. It's great to have everybody here. Let's get to Diana like she has. The numbers one hundred thirty six thousand nonfarm payrolls increased by one hundred thirty six thousand in September. The unemployment rate fell to three point five percent down from three point seven percent. That is the lowest level since nineteen sixty nine Diana thank you we're going to talk about all of this with some reaction from our jobs panel right now kate. Let's start with you. We never put anybody on the spot with saying exactly what that number was going to be but you were looking for a strong number and this is this really solid number the number. I was going to give one fifty nine with some downside. I feel like one thirty. Six is a healthy number especially because you saw the good healthcare number we expect expected little weakness in manufacturing retail. I think that's kind of par for the course of where we are in the cycle so I feel really good about this especially in light of what we had earlier this week in terms of 'em so so I think equities will do well to balance of the day. Hey Steve. You've had a minute to dig through some of that. What jumps out to you is the most important parts in this report are just trying to see the last night we had to be and a half percent unemployment rate and it looks like you gotta go back to nineteen sixty nine for one look. Here's the problem and we sorta flagged this problem back. in August as at August is very typically typically revised higher so the slowdown we thought we had in August at one hundred and thirty which we thought was hey. We're coming down to the place where we think we ought to be. That was your vice one sixty eight yeah and I think those are good. I think that tells us that. We're doing a little bit better than we thought we were doing. Retail has lots of problems down eleven thousand and then down on six thousand. We have to watch that sector. There's a huge transformation as you know happening over there. Look there's two scenarios that we're watching for here. Scenario number one is is a sort of expected slowdown as the crazy two hundred plus job gains of last year. Come back down to normal if we can settle in call it a one on twenty five to one fifty range that would be good and we're worried about the weakness going down below one hundred thousand. I think the idea that that we're now in zone own where it looks okay. It's pretty comfortable. It's not great but it's not terribly week. I called a win. Hey Rick Walk us through the market reaction to me. The biggest news without a doubt is that the markets looked at it as good news stocks and treasury yields but it's really a bad report in not for the jobsite wages this this is terrible unchanged month over month under three percent two point nine on a year over. Excuse me month over month year over year basis this these are good numbers. It's all about the money I stand. What do you think of this report. You know this kind of a mealy peach of a report. We're we're a little under what what what the forecast was okay like. Steve said it's it's okay but it's not it's definitely not Great Austin though you're looking at the wage issue decelerating eating not accelerating. How important is that to you. I think it's pretty important now that wages are steady after we've had several months where where they were growing. Hopefully this is a blip but I mean I'm telling you the thing driving this whole thing is that the GDP growth rate is slowing down and and a lot of the forecasters are now saying that they expect a one handle for the rest of the year if we get GDP growth falling down into the ones. I think the jobs odds numbers are GonNa fall apart and the ways numbers are going to fall apart dave when he think growth expectations for the rest of the year what are yours continued to be strong in the two to two and a half percent a from a political standpoint. This is very good news. The fact that the unemployment rate is an historic low. That's what most people around the country look at and the job. The creation rate is averaging now at one sixty three hundred sixty thousand a month when you compare that to pre trump the the Obama era at one oh nine that's very good news that he can take to the public and say we're. GonNa continue to grow the economy create jobs and the wage. It's a slight downward trend trend in the direction but it's still a positive increase rather than decrease in average wages
"rick santelli" Discussed on 790 KABC
"Phone call. But it is a Twitter tweet tweet. It's not a Twitter. It's the tweet. And this is Bambi says I wonder if this sums up a lot of people's attitudes about this too says. Luckily, another democrat, nor am I Republican. So this is coming from a place of being neutral. I would not want to see any of these people who are on the democratic ticket running for anything. I wouldn't vote for anything any of them and the same thing on the Republican side. But that's that's the problem. I mean, you have to vote for somebody. So what do you do how do you intelligently vote? When you don't like anybody. Well, you see where they stand? And then the one who comes stains closest to your views, whether you like them or not you vote for that person. I think a lot of people voted for Trump who held their noses when they did. And they were very happy. They did because he's already given them to supreme court justices among other things. So we would like to think that we can vote for somebody who absolutely inspires us. Who was going to be the greatest leader in history. I would say at this point you got to grow up a little bit because these people don't come along and the ones who. Have been that way, the larger than life inspirational, moral exemplars who become role models, and heroes and leaders. They exist more fiction than in fact, and they existed when you didn't have social media. You know, what if Lincoln were president right now? And their social media. Don't you think he'd be devastated on social media? But how he looks and his past. And what about these the room with the guy and know all of those those stories about him would be out there, and you would be looking at people differently. Raymond. That's the shame. It's great that we have more communication and more information than we ever had. But it doesn't necessarily mean we have more. Wisdom information doesn't always quite to wisdom and there were times in the past. When there was very little information and a lot more wisdom, so something by the way, something else is going on of interest in the Democratic Party, which I alluded to just before the break. You know, the tea party transformed the Republican party when that guy CNBC said, we should have another tea party, Rick Santelli thing was name was so we should have another tea party and people caught on and tea party groups formed around the country, and they were sick and tired of it, and they didn't want to take it anymore. And they started creating a kind of a litmus test for Republicans. So suddenly Republicans who were theoretically conservative and Republicans were now not good enough. They were not conservative enough. They were not tea party is enough. They didn't have complete fealty to certain views, and suddenly these people most notably, for instance, Eric cantor who was a major player in congress and a conservative gets beaten by a guy who primaries him a Republican democrat by eleven brought to you, by the way, just lost. And that was happening all over the Republican party. And there was a lot of fear there because people who thought their bonafides or a fetus were okay. Suddenly we're being attacked from there. Right. And so it changed the Republican party in the Republican party at this point. I think it's fair to say is no longer. A big tent party was once a big tent party is not any longer. Well, savings happening with the Democrats. Now, suddenly with this election that just went through all the attention and heat went to the young the vigorous the people of color of the women, the transgenders the Muslim candidates shudder. And that that is having a big impact on who is the Democratic Party more than that. When we come back. Warning. If you're drowning in debt you can't afford, do not let the credit card companies trick you into thinking that you have to pay it all back because you don't what the credit card companies don't want you.
"rick santelli" Discussed on 106.1 FM WTKK
"Oh, well when you retire in a defined benefit plan. You know that each and every year you pull up and there's the check for you. Sure you in a defined contribution plan. You could have put a whole bunch of money, and you decide where you put the money when you put it in right? You decide which investment options. And right win you retire. The market went the wrong way. Yeah. Right. So we're gonna talk about later on the show about how the advance and protect strategy is very important for folks that are using defined contribution plans. You're putting money away. You're getting a tax write off to put the money away. It sounds good right there. It does. The problem is Thomas when we get close to the financial red zone. Get you fired up. Right. That reminds me of football season. Does get ready for now. Here we go. We when you define when you get to retirement when you get in that financial red zone, which is five or ten years out, you really need to make sure that your money is accounted for, and you know, what's going on. And it doesn't disappear again. Right. When you need it. The most makes a lot of sense of really sounds like a defined contribution plans are really only getting us halfway there now. And so because we don't we can sit around and cry about the fact that the defined benefit plans aren't available anymore or we can do our own defined contribution plan. We put money away. Okay. Yeah. We get a tax write off in a 4._0._1._K for three BT ESP. But we reach certain ages fifty five to fifty nine a half many of the companies we work for. We'll let us roll that money tax free inter-arab very own plan. Okay. And plan could be a defined benefit plan. We could get we could purchase our own defined benefit plan through the insurance industry many times. So let me ask you what are the advantages to this? Well, now, you have an income you never outlive. You have a defined benefit plan. Tell you started with a defined contribution. Dan, you'd be like Tarzan you can get on at swing from one account to another tax free. And now, you can have your money come to you in a yearly form for the rest of your life. You can never outlive. Sounds like scary. Yeah. Or you can leave it where it is. And hope that everything's fine. And maybe have a successful retirement. So I don't like maybe when we're talking about financial planning we need. Sure, t that's right. And we need to make sure that we have our money in the right place for the right time for life. And again, I like people putting money into 4._0._1._K. I don't like them depending on the 4._0._1._K for their retirement income. Okay. Yeah. That makes sense you very important that people know the differences, wait around. We're gonna talk about how the supreme court just announced a decision that is not going to be good for us. Oh, no pension plans are IRA's are inherited IRA's. They are not going to be protected from bankruptcy or creditors. We're gonna talk about that later on the show. And how important it is. Then to make sure that you have the right plan in place to counteract that or the right trust in place. Absolutely something called a standalone retirement trust. Maybe maybe in order here for most everyone out there who has a retirement plan. They don't want anything bad things to happen to it when they pass it on. Okay. Well, yes, definitely sounds like someone need to be paying so exciting show lined up here. I mean, I can't believe how fast shows already moving. But what I wanna do is for everybody out there who's listening. If you have any of these plans, we're talking about if you have a 4._0._1._K a four three b or TSP number one. I want you to get a copy of our two thousand seventeen 4._0._1._K for three B R TSP survival guide the whole series is over thirty pages long. Basically shows you mistakes people make and shows you how you can not make those mistakes if you do the right thing. Oh, wow. Would you like to if there was a solution? Would you like to learn about the solution before after he made the mistake of before all day long? But what if you made a mistake and is still? The way you could counteract that mistake if you've learned about it right now. Hey, you know, obviously. Copy that. So let me let me do this for the next twenty five callers who call in today right now when when Thomas gives the number out, we're going to create a one page financial review. Now this review indicate if you're in need of a full blown financial planner, not we're also going to give you copies investment returns defined benefit verse defined contribution plan workbook from the Boston College center for retirement research there, but what we'll do is is we're gonna help you take that mystery out of the financial planning process by mapping out for you. Where you are right now in your financial planning process, if let's look at where you are for your retirement plan. Let's look at where you are for how much income you're going to get for the rest of your life. And also make sure you're never going to outlive that income that's right, number one. Boy, people have as outliving their money. Now, we can counteract that we can get rid of that we can eliminate that worry whilst going to run a fee report. Now, this report is very very important because it helps you untangle what working with your current planner or planned or adviser is really costing you. We can show you buy. How you could simply protect your retirement investments by using the right, tools and strategies, and if you do that, you could experienced dramatic growth potential in other words, let's look at where you are. Now, let's make sure that you're not doing the wrong thing. What's isolate in places where you may be overpaying fees and not realize it? Yeah. Let's also look at your standard deviation. How much risk you're taking? I how much return you're getting. Well, let's see if the sacrifice between that is to garbage. And as we get close to that financial red zone ten years out of retirement, fifty two or older, basically, if you're fifty two or older need to look at your standard deviation, you may be taking way too much risk to get way too. It'll return, so let's let's eliminate or tame down some of that risk to make sure that our retirement does not go away. Right. When we need it the most. Okay. We're also going to do a tax analysis could reveal to you how you could possibly this is a novel concept, reduce your taxes. Always fun to do legally, by the way, absolutely now, the most important part of this whole process, so as we'll custom design an income plan for you that utilizes strategies and techniques which could turbocharger retirement income and take the Warri out of living in retirement in short will help you take the guesswork out of the financial planning process for the next twenty callers, that's a comprehensive financial review there. We're going to give away at no obligation nine hundred nine dollar value. I'm also gonna give you a copy of a brand new report financial and political curves making money in the new world. This report by me and Rick Santelli. If you've ever seen CNBC Rick Santelli is on their excellent report, everyone needs their hand on this as well..
"rick santelli" Discussed on 106.1 FM WTKK
"Planner, not we're also gonna give you copy this investment returns defined benefit I define contribution planned workbook from the Boston College center for retirement research there. But what we'll do is is we're going to help you take that mystery out of the financial planning process by mapping out for you where you are right now in your financial planning process, if let's look at where you are for your retirement plan. Let's look at where you are for how much income you're going to get for the rest of your life. And what's also make sure you're never going to outlive that income number one boy people have as outliving their money. Now, we're gonna we can counteract that we can get rid of that we can eliminate that worry whilst going to run a fee report. Now, this report is very very important because it helps you untangle what working with your current planner or plan or adviser is really costing you. We can show you buy. How you could simply protect your retirement investments by using the right, tools and strategies, and if you do that, you could experienced dramatic growth potential in other words, let's look at where you are. Now, let's make sure that you're not doing the wrong thing. Let's isolate in a dentist by places where you may be overpaying fees and not realize it. Yeah. Let's also look at your standard deviation. How much risk you're taking? I how much return you're getting. Well, let's see if the sacrifice between that is to garbage. And as we get close to that financial red zone ten years out of retirement, fifty two or older, basically, if you're fifty two or older need to look at your standard deviation, you may be taking way too much risk to get way too. It'll return, so let's let's eliminate or tame down some of that risk to make sure that our retirement does not go away. Right. When we need it the most. Okay, we're also going to tax analysis that could reveal to you how you could possibly this is a novel concept, reduce your taxes. Always fun to do legally, by the way, absolutely now, the most important part of this whole process, so as we'll custom design an income plan for you that utilizes strategies and techniques which could turbocharged your retirement income and take the Warri out of living in retirement in short will help you take the guesswork out of the financial planning process for the next twenty callers, that's a comprehensive financial review there. We're going to give away at no obligation nine hundred ninety nine dollars value. I'm also going to give you a copy of a brand new report financial and political curves making money in the new world. This report by me and Rick Santelli. If you've ever seen CNBC Rick Santelli is on their excellent report, everyone needs their hand on this as well..
"rick santelli" Discussed on WCPT 820
"I mean, first of all I never thought I read them more terrifying than yours, but Bob Woodward's book fear. I mean. Yeah. And I just I I saw Matt active measures. I said, you know, what we need patriots to come out patriots. To come out November sixth and take our democracy back. And then let's have a free and fair debate again about ideas. But, but but this is I've been calling for months that someone should organize a national mobilization. And I think it's coming really going to be a massive free election mobilization where we come out like I feel like we may hear more about that at sexy liberal DC. I. Okay. Yeah. But you know, I mean, if you've got Rick Santelli formed a tea party. Well, what if we all said, we're going to stand for America? We're going to stand for democracy, both Republican and democrat you do that three days before the election. You will have a wave election and everyone needs to participate in in in standing for the values of this nation. I really feel that by the time we get near election day. Boy, I think Woodward level outrages will be so far in the norm that people will be abandoning ship on this guy. Yeah. Absolutely. There's a lot of things that you can't tell me your you'd have to kill me. There's things I can't even tell you yet about sexually liberal. Sweet. Yeah. Hey, next Saturday night liberals, we'll be in DC next week. And that'll be awesome. But for those of you can't make it. I'm going to be a London on October second giving a speech there. It's drinks and democracy in London. And if you go to the Malcolm Nance book tour at Malcolm Nance book tour on Twitter, you can sign up for that. I think it's some cheap number like ten pounds to get drunk Santa like it's sort of like a uncontrolled English version of. You know, you're you're you're drunk drinking podcasts. Happy. I have drunk with you. Yes. So I recommend it Olis' happy hour. It's England jelly go. Slowly, I did the whole how to get others fives drunk thing on you. I was not drunk at all of my happy hour. Yeah. Yeah. Tricked me Paris. All right. Love you, Malcolm talk to you next week. He goes man's, Malcolm. I can't I couldn't find my pants after that happy hour as I recall travec was very late. And so we were already very drunk by the time he got here working here. So at summer responsibility. He was doing some secret mission something you did that without me. I blame Sean fifty one. Okay. Fifty one minutes after the neighbor..
"rick santelli" Discussed on Slate Money
"Sign up axios dot com. It's called axios edge, and I'm going to have a shot in it. All of. US household debt as a percentage of GDP over the past ten years since just before the crisis. And it is Bethany says it was rising all the way into the crisis. It peaked at about ninety percent. And since then it has been on a steady downward decline and that's Plumbly a good thing. We're having a de leveraging which we needed, but the consequence of not being able to borrow a bunch of money and spend it is that people feel poorer than they did pre-crisis even if the incomes have even gone up a bit. One thing I've been thinking about an antecedent of this episode is just that there's so much debate about the Bank bailouts where they fair, where they not could they have been different cetera, et cetera. I don't see a lot of conversation about what could we have done for the homeowners or the mortgage holders are the people that you know were foreclosed on. I mean, they got a lot of attention at one point, but these people are still struggling. I mean, remember him and hope. Hampton harp were not great, and there was a lot of help given to the financial institutions in in very little help given to regular Americans and. Income levels are pretty low. They barely recovered. Six wealth is still American's. Wealth on average is still lower than it was in two thousand seven. I mean, why wasn't more done for those people? This is a great question for Bethany. Clearly Hampton hot. These, these sort of half hearted attempts to help homeowners as rather than the lenders would massively insufficient and and milk toast was that a way to direct bail out funds at individuals who owned homes rather than to thanks was ever possible. So I don't think so. I wish it were possible because part of what was so horribly unfair about this whole thing is that banks got bailed out and people did not write that is awful. It's it's terribly unfair, but then you get into the details and you say we'll was there a way to bail up people. Remember that's what gave rise to the tape party. In many ways was other people being angry that their neighbors might actually be bailed out as early. That's literally what gave rise to the. So it's not like it's not like the country wanted this to happen and people to be bailed out and the banker said, no, no, no, we get the money. Country was in one to the exception of Rick Santelli. It was it's way more controversial than that and really hard to figure out how would you feel if you were struggling to make your mortgage and you could make your mortgage payments and.
"rick santelli" Discussed on Radio Free Nashville
"Rates and a tumbling economy. The cokes seized. On it, this was Rick Santelli, Santinelli whatever his name is who I think it, was CNBC and he said. We need a tea party? What was. He talking about a program Obama was proposing to bail out homeowners. Who whose mortgages were underwater A program that never happened by the, way but Rick Santelli was. All bent out of shape? About oh. My God we're going to help the homeowners instead of the banksters So the cokes seized on it fed at made it their own and created both a mob in the monster the, real genius of that moment Mark Sumner rights was. That the cokes understood the real glowing embers behind the, tiny whiffs of, smoke thrown off by the nascent tea party movement racism The fine tuning of the message that program to Trump tell troubled homeowners wasn't any more about troubled, homeowners It was about troubled black homeowners member this I remember this so, clearly this is the two thousand Must have been two thousand nine. Right the first. Year of the of the Obama presidency And, in? Fact I had guys on this show saying this It was about trouble black homeowners it was about blacks who had gone way out on a limb to buy homes they couldn't. Afford and who are now rightly rightly getting what they deserved it was about blacks who had overreached their. Station got an, out of their place just like Barack Obama And he says the those first gatherings of the tea. Party had signs of what was to come literally there were signs signs that said Barack Obama was a. Muslim signs that says the, government was, was still the problem signs et cetera ordinary Americans were taxed. Enough already a it was like a signal flare going for the cokes rates Mark Sumner so they took a gamble and. Trained one of their biggest guns Americans for prosperity toward the tea party they provided the bus book though. Occasions they worked the phones to get the news on local television they sent out both their coq trained candidates. And their co funded teams to. Make sure that the energy level stayed high the cokes had discovered that that rare who nerve of racism and working class white resentment was still there it. Was just as throbbing and vital as it had been for strong Thurman and Richard Nixon and Ronald Reagan Stories about how the money paid by stolen from hardworking whites was going to. Help lazy blacks and invading Browns didn't have to be created from scratch they just need a little touch up The coax found. That the more they reached into those spaces the more angry ugly energy they found they found that Republican voters didn't. Really care about deficits or any of that bunk they cared about eight the cokes had spent more than forty years winning over the GOP by handing out cash and working to build policy but it took less than eight years to utterly transform the party by simply touching. The raw nerves of racism and xenophobia The success of that small investment in. The tea party had to be Hetty even for people like the coke brothers by two. Thousand fourteen they. Take in the Republican party from the wilderness of, a minority in both houses to the largest Republican majority in a century, on the backs of racism and the tea party they, had? Taken the broken pieces of the Republican party and turned it, into a mighty engine and all it took was embracing the fear that white. America straight America Christian America was under threat from an insurgent, wave of Brown Muslim invaders. Waving rainbow flags it worked beautifully the Republican party was back in the driver's seat and the. Coke brothers were driving. A cluster of.
"rick santelli" Discussed on Odd Lots
"So where was the outrage stemming from was it just that notion of unfairness of some people getting away with something that they shouldn't be getting away with guess and it creates a systemic problem also one thing with traders is they don't care they'll trade to raindrops against each other so the ups and downs of the markets not going to really dry that emotion in the same way but what it really came down to was the fact that if the government comes in and starts propping these guys up our bails them out for doing something wrong for one the investor doesn't get to take advantage of low prices because they're getting propped up you know warren buffett got the warrants on a i g where is that wasn't really offered to the retail investor because they were getting bailed out right so it didn't get to the point where investors could have bought into aig at much lower levels which it would have gone much lower had warren buffett not stepped in and across the board so anytime we're in free markets the market should dictate price and if somebody intervenes than it doesn't allow that to happen you know and another one of arguments is why is the fed dictating interest rates why doesn't the overall market dictate those interest rates if we are free market so it kind of all goes back to the free market should discover price and the market should be allowed to go to that price all right let's talk about that specific day february nineteenth two thousand nine i have to magin it you remember it pretty well 'cause it's now so historic what was that morning like did you know prior to rick santelli really going off that something was going to happen or did it just sort of like the moment was the moment he started stirring it up because it you know it basically happened right at the opening of the day so i just remember him off aired up running up to the pit.
"rick santelli" Discussed on WNYC 93.9 FM
"The history but back to two thousand eight the financial crisis started gradually and exploded in on september fifteenth it contributed in november to the election of barack obama over john mccain and so the obama administration began in the throes of this epoch crisis with people losing their jobs in their homes in droves and the new administration faced with a highly daunting task of figuring out what was worth spending money on right if anything to keep the crisis from becoming a second great depression now we're not gonna go through the whole history of the wall street bailouts in the main street bail outs but went obama proposed to help some homeowners avoid foreclosure suddenly the tea party started this moment on television is sometimes seen as the spark that lit the tea party fuse it was on the business channel cnbc where chicago chicago correspondent rick santelli with a group of investors went on this small government rat here's a twenty four second montage of key excerpts the government is promoting bad behavior this is america people want to pay for your neighbor's mortgage it has an extra bathroom and can't pay their bills raise their hand president obama are you listening chicago tea party in july you can't push they wanna show up the lake michigan i'm going to start organizing all you capitalists showed up and that was february nineteenth two thousand nine rick santelli on cnbc making it seem when you listen to that like the foreclosure relief was designed to.
"rick santelli" Discussed on WREK
"Massive transfers of capital trillions of dollars meanwhile home foreclosures skyrocket under obama they began under bush but he oversaw something like i think eight million home foreclosures and it was also the biggest destruction of african american wealth in us history overseen by by the first african american president a lot of those home foreclosures were also fraudulent and it's when are a bit complex but it was basically begun i initiated by program obama did to actually save that we're supposed to save people from foreclosure the irony of it was this was a program that led to the rise of the tea pot party it's where this one figure on a cnbc the financial news network got up a couple of weeks after obama was elected and said you know why do we need to bail out these losers wendy's he said rick santelli we need a new tea party and that's where you get this i strong rightwing reaction so in in the huntington indiana and in indianapolis i interviewed a seventeen factory workers talking to them about their lives their working conditions and there were two women in huntington that really kind of caught my attention and a glass cowan catherine comfort they were best friends catherine's immigrant from peru both in their twenties both a single mothers now what was interesting neither defied themselves it's single mothers day were both engaged and when i sat down and had the interview with them they were basically speaking like they were ready married they were living with their fiances neither had the actual wedding ceremony yet this is something that i've i've seen all over the country the what the right has really been successful ad is social engineering the right loves of scream that the left is always trying to socially engineer society accept the reality is it's the right that's really been successful at the social engineering laws.
"rick santelli" Discussed on WAAM Talk 1600
"That number months years this way we stopped doing that but that is from an extra excerpt of the december twenty sixteen edition of wirehouse okay december december december sixteen to read further this is what else he said for those that have been following any mr carrillo's positions even back to the tea party movement's very beginnings along with rick santelli you will know that he does favor many policies that are extremely fiscally conservative and guess what happens to be on that list a metals backed us dollar whether or not that sentiment translates into the stance the trump administration takes on previous metals is a great unknown however we will be very forward in saying that the addition of kudlow in any capacity in the trump administration means that the likelihood of a mention or actual implementation of a metals back us dollar just went up dramatically so you wrote this this was through your oltra system this was back in december twenty sixteen and what happened in the week of march march eighth through fifteenth of twenty eighteen what happened nick surprise there's collins replacement it's kudlow well you must be feeling pretty good about yourself i i would be smug i dare i dare say i i would make i i am making the smug face on that one and the reason i am making the smug face on that one is is for no other reason that it's of course it's further validation of the system that we worked absurdly hard on here but at the same time we've actually i'm going to say this he's actually become almost used to it that level of accuracy and that's probably what are the most horrifyingly arrogant things anybody ever may construe my saying but the reality of the scituate his we've become accustomed to that level of accuracy and you know in a world of of shoot arrow and then people's i around wherever it hits type systems you can't fake that kind of stuff you can't make that stuff up and that's the product of a heck of a lot of hard work well in fact nick i mean when did you first get trump on your radar screen through your programming model that would have been a sterile months.