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Rick Santelli: Tim Geithner Is ��Lying To The American Public�"

As the YouTube poster says, the vid quality is awful (indirect HT to Radio Equalizer; vid is also at Real Clear Politics if CNBC gets proprietary with YouTube).

But Rick Santelli has never auditioned to be Mr. GQ anyway, unlike someone else.

Santelli�"s riposte addresses Tax Cheat Tim Geithner�"s one-word denial, followed by a platitude, when asked if Treasury and the Fed are monetizing the debt. As Santelli says, it is very, very unlikely that they are not.

Also, don�"t miss the trap question and the cynicism inherent in the comments coming from the other CNBCers in the second half of the vid:


�SWhy is he saying it then?⬝ (Goal: To get Santelli to say something personally hostile about someone else�"s motivation. Nice try; Santelli didn�"t take the bait.)

�SC�"mon, they�"re always disingenuous.⬝

�SDo you think he has a choice?⬝

�SI don�"t think he has a choice, Rick, politically.⬝


The other CNBCers are in essence acknowledging that Geithner has to lie to us, either because we can�"t handle the truth, or because the Obama administration can�"t handle the truth being known.




Rick Santelli: Tim Geithner Is ��Lying To The American Public�"

[Source: Good Times Society]

posted by tgazw @ 5:30 AM,

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