View Full Version : Rick Santelli Is Right!

01-07-2013, 06:11 AM
Santelli, who started the tea party movement with a rant, is right in his rant about the lunacy of out of control government spending.

For video go to Rick Santelli Is Right! (http://www.econmatters.com/2013/01/rick-santelli-is-right.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconForecastFullFeed+%28Posts +by+EconMatters+Only+%28Full+Content%29%29).

01-07-2013, 06:20 AM
"In an interview with Stephen Moore of the Wall Street Journal (http://online.wsj.com/article/SB10001424127887323482504578225620234902106.html?m od=rss_opinion_main), newly re-elected House Speaker John Boehner (R-OH) opened up about President Obama’s utter unwillingness to cut a single dollar from federal spending. In a stunning admission, Obama reportedly told Boehner, “We don’t have a spending problem.”

Boehner added that President Obama continues to maintain that America’s federal deficit is caused not by governmental overspending but by “a health-care problem.” Said Boehner, “They blame all of the fiscal woes on our health-care system.” Boehner told Obama, “Clearly we have a health-care problem, which is about to get worse with Obamacare. But, Mr. President, we have a very serious spending problem.” Obama eventually replied, “I’m getting tired of hearing you say that.”

I'm sure the nitwit in the White House is getting tired of hearing it but his insistence that their is absolutely no spending problem in government is part of the explanation for the division in the country. It's almost like the queen in Alice in Wonderland where words mean what she says they mean and nothing more and nothing less. Sadly, President Obama is so ideological he cannot see reality.

And, when President Obama "gets tired of hearing that," his sycophants shut up and tell him what he wants to hear.