
Tea Party Rick Santelli Supports US Government Intervening In The Bond Market To Buyback Our Own Long End Bonds
Today on CNBC The Exchange with Kelly Evan’s Rick Santelli interrupted the scheduled guest to rant against the language being used. Rick said that using words like manipulation, entitlements, socialism, and support to describe today’s announcement of the government buying back its own long ends bonds Is shameful.
This is a major turn of face for someone like Rick Santelli. The Tea Party doesn’t generally believe in big government so today is a new day for it. Rick told Kelly Evan’s that what Treasury Secretary Scott Bessent is doing isn’t what he would do. But when Kelly asked Rick what it is he would do, Rick changed his mind and said he would do exactly what the secretary is doing!
Rick only lasted a few minutes before starting to spiral out. These are dark days for the phony, fake, weak, pathetic, greedy, sad, and deceptive Americans our forefathers warned us of.
Rick is a text book example of the behavior a person exhibits when they sell out their principles for personal politics.
Another perfect way to think of this is a company buying its own product off the shelves with one hand but continuing to produce them with the other! ruh roh, daddy oh!