Tuesday, August 09, 2011

Rick Santelli: If Not For Tea Party, U.S. Would Be Rated BBB

You know what leadership means? It means that it doesn't really matter what S&P says. We all know deep inside that no country is the same as it was 5 years ago. And the market seems to be okay with it. And as for stocks going down we were already Ralph Cramden (of Honeymooners) on thin ice. Now an infant jumped on our shoulders. It’s just even more weight.

'In the end, in the end we need to address problems we know exist. A Treasury Secretary or a President should be out here not fighting S&P, not grabbing the other coach and slapping him around, taking the umpire behind the barn. He should be getting the team psyched to overcome."

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