Rick Santelli on Obama’s Shrinking Economy: We Are Now Europe (Video)

Protesters stormed a government building in Greece today.
greece storming building
Protesters clash with riot police outside the Labour Ministry in Athens on January 30, 2013. The protesters forced their way into a government building in the Greek capital Athens amid plans to stage a 24-hour anti-austerity strike. (Press TV)

Meanwhile, Rick Santelli made this observation today following the stunning report that the economy actually shrunk in the fourth quarter last year.

“We are now Europe,” he declared on CNBC’s Squawk Box.
Via NewsBusters:

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  • bigL

    The Cnbc gang Joe, Andrew Steve and Dave, not Melissa so much but they don’t get the devastating borrowing.
    It would take a human being, counting as in 1..2…3…likethat, thirty-two thousand Years
    (32,000 yrs) to count to a trillion!

  • Mahdi Al-Dajjal

    The US economy actually shrunk last quarter and you’ll hear none of it on the evening news!

  • ★FALCON★

    Not sure if anyone is paying attention to England – however, they just went into a TRIPLE dip recession. It’s a first, never happened before – including two world wars.

    We’re going to collapse in America, along with the rest of the western hemisphere.

    Lastly, there is no reason to send a trillion plus dollars a year to the middle east for oil, we have our own oil.

  • He completely ignores the fact that the reports says a drop in federal spending is the culprit — i.e., he has it 100%, exactly backwards. Why this clown has a job on a financial network, I’ll never know. He’s clueless as they come — when he isn’t just out and out lying.

  • bg


    OT.. here comes the nowo led by the nothing..

    January 29, 2013

    Soldiers wearing U.N. logos evict whole towns in land grab

    [Thousands of poor Brazilian families are living in wretched conditions
    at make-shift refugee camps after being evicted from their homes at
    gunpoint by federal forces, some of whom were sporting United Nations
    logos, according to sources.

    The massive operation, which left an estimated 7,500 or more people,
    including thousands of children, homeless was justified by authorities
    under the guise of creating an Indian reservation.

    Towns literally have been wiped off the map, and no compensation was
    offered to the victims. About 400,000 acres of land were expropriated in
    the latest operation.

    Residents in the Siua-Missu area in the state of Mato Grosso battled
    heavily armed federal police and military forces for weeks using sticks,
    rocks, Molotov cocktails and other crude weapons.

    In the end, however, the powerful national
    government forces were overwhelming.]

    armies w/out borders

    [Advocates of limited government are concerned about comments by
    Sen. Barack Obama (D-Ill.) regarding his national service plans and
    views on the “burden of global citizenship.”]

    more at link, in connecting links, and threads..

    “We can’t expect the American People to jump from Capitalism to
    Communism, but we can assist their elected leaders in giving them
    small doses of Socialism, until they awaken one day to find that they
    have Communism.”
    ~ Nikita Khrushchev


  • Pink Tie Republican

    Lies-man is a clown, a fool, a bullsh..t artist, and just another worker bee in the internationalist leftist hive.

  • socialism the wonderful economic system that punishes you if you work and rewards you if you don’t. thats bound to create a booming economy.

  • Road Runner

    Pink Tie Rep, you nailed it!

    I’m surprised they let Santelli talk on this government communications network.

  • bg
  • Patty

    This is because of a Socialist who is destroying our nation one step and a time. Impeach him.

  • Whistleblower
  • Frank Smith

    Gotta love Santelli!

  • shadow

    Not sure if anyone is paying attention to England – however, they just went into a TRIPLE dip recession. It’s a first, never happened before – including two world wars.

    Must be Obama’s fault … somehow.

  • bear

    I squinted my eyes when looking at the greek anti-common sense protestore and saw seiu t-shirts. Coming to a government building near you.

    The entitlement class has a really flat learning curve.

  • Highlander

    For once you’re right shadow. Too bad you were being sarcastic. It must suck to be so wrong and so out of touch ALL THE TIME.

  • bg


    shadow #13 January 30, 2013 at 2:29 pm

    not to worry dark one, Oman is the worlds
    self proclaimed “collective savior”.. 😯

    and we ain’t seen nothin’ yet.. 😈


  • shadow

    It must suck to be so wrong and so out of touch ALL THE TIME.

    Probably not. Being so out of touch, I imagine you don’t even realize when you are wrong. Odds are, you even succeed in convincing yourself that you are the one that is always right, regardless of how off-target you normally are. Anyway, you seem happy enough.

  • bg


    no budget?? 😡

    what does it matter??

    Earth to the absent minded professor.. the
    US Constitution is what made this country..


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  • Winston Wolfe

    Must be Obama’s fault … somehow. – shadow

    Worthless phucks like you blamed Bush when the world sneezed … even though it wasn’t his fault.

    So, guess what? Your boy gets the blame now. Deal with it.

  • mg4us

    Santelli is right. .looking like Europe now. .but soon will look like DETROIT!!!

    It’s the DemocRAT way. . .

    Obama and the DemocRATs (Reid/Pelosi/Schumer/Franks/Menendez/Durban/Congressional Black Caucus) are doing to USA what THEY DID TO DETROIT!!


    For a bit of history

    Run by leftists since 1961. . and expanding government, handouts & entitlement programs!!!
    Just Like Obama is doing to OUR Country. .

    Don’t expect a different outcome from Obama based on Detroit case. . .
    Obama never ran anything except as a street community organizer. .
    and he was a loser at that.. . .

    You asked for Change. .now you will get it. . .

  • Lim Lynn

    We going to see food price increase inflation cause by overspending Traitor in Chief created debt and decrease in GDP while he doesn’t care for the nation. It’s not hope and change, forward to the fiscal cliff.