Video: MSNBC’s Dylan Ratigan has a meltdown over the meltdown
goingbroke
Posts: 1,410
MSNBC's Dylan Ratigan is mad as hell about the U.S. financial crisis--and he's not gonna take it anymore!
While convening a roundtable discussion on the market meltdown on his eponymous MSNBC show on Tuesday, Ratigan exploded.
"We've got a real problem!" an exasperated Ratigan shouted. "This is a mathematical fact! Tens of trillions of dollars are being extracted from the United States of America. Democrats aren't doing it, Republicans aren't doing it. An entire integrated system, financial system, trading system, taxing system, that was created by both parties over a period of two decades is at work on our entire country right now. And we're sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the president for 2017, or burn the place to the ground, both of which are reckless, irresponsible, and stupid."
the fact of the matter is that there's a refusal on both the Democratic and the Republican side of the aisle to acknowledge the mathematical problem
While convening a roundtable discussion on the market meltdown on his eponymous MSNBC show on Tuesday, Ratigan exploded.
"We've got a real problem!" an exasperated Ratigan shouted. "This is a mathematical fact! Tens of trillions of dollars are being extracted from the United States of America. Democrats aren't doing it, Republicans aren't doing it. An entire integrated system, financial system, trading system, taxing system, that was created by both parties over a period of two decades is at work on our entire country right now. And we're sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the president for 2017, or burn the place to the ground, both of which are reckless, irresponsible, and stupid."
the fact of the matter is that there's a refusal on both the Democratic and the Republican side of the aisle to acknowledge the mathematical problem
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Comments
Entertaining and very captivating to hear such raw emotion.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
The means was established in 1981 and the vultures have been picking over the bones since
that time. What we have left now is mostly just the skeleton.
Box of 20
<< <i>Good for him!
Entertaining and very captivating to hear such raw emotion. >>
Agree. Thats what got him fired from CNBC.
I wish he would run for office.
Knowledge is the enemy of fear
Fred, Las Vegas, NV
<< <i>
<< <i>Good for him!
Entertaining and very captivating to hear such raw emotion. >>
Agree. Thats what got him fired from CNBC.
I wish he would run for office. >>
I could vote for a Santelli/Ratigan ticket.............MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Yup, Santelli is a cool guy. My brokerage firm is right across the street from the Merc and I used to see him all the time at lunch time when I would go to the visitors gallery and see what the big institutional traders were doing in the S&P pit. For security reasons (I suppose) the Merc has since closed the gallery to all visitors except certain group visits.
When on CNBC during the 2008 debacle, he would say "If you are buying gold, you are betting againt the U.S."...
I do believe his views on PM's has temprered itself by the harsh reality of a system he used to have some reliance on.
It is shocking how $2500 is tossed about now by those that cried foul at the mere mention of $1600 gold.
Ratigan is a man's man.
Miles
<< <i>All those trillions stolen? How do you get it back? What's the recourse. French Revolution style off with their heads. Who do you target, its all diluted. >>
Be careful what you write. "They" are watching. "They" are making lists. The rhetoric continues to escalate on both sides. If it ends badly, those active on the Internet may be the ones tracked down and targeted for reeducation or worse.
Especially for young folks, be careful what you write and post in public here or on Facebook or anywhere on the Internet. Companies are ever more careful on who they hire, and what may seem innocuous, or meant as a joke to a young person, might be taken seriously by hiring managers. Young folks interested in engineering need to be especially careful because government contracts are on the other side of many of those jobs. A security clearance is difficult to get, and the most minor of incidents can disqualify a person. One joke, one rhetorical thread, one misguided comment is sometimes enough.
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The Money Masters
Be careful what you write. "They" are watching. "They" are making lists. The rhetoric continues to escalate on both sides. If it ends badly, those active on the Internet may be the ones tracked down and targeted for reeducation or worse.
That will be a sorry day indeed for then there would be no more constitution and we will be living in a police state. "They" must be these guys Bilderberg
Box of 20
Me too........with Ron Paul as US Treasury Secretary.
If the mathematical problem of $100 TRILLION is beyond their comprehension, then I guess there's no hope for $1.14 Quadrillion. That's why the BIS modified how otc derivatives
were to be reported. That brought the number right down to $683 TRILLION by the next 6 month BIS report. A huge number for sure, but at least in terminology that people can understand. 16 zeroes is too many, even for the FED's PhD economists.
roadrunner
<< <i>
Be careful what you write. "They" are watching. "They" are making lists. The rhetoric continues to escalate on both sides. If it ends badly, those active on the Internet may be the ones tracked down and targeted for reeducation or worse.
. >>
I had the FOX Business channel on yesterday and this red haired woman was walking informly around the NYSE pits while the camera was running. Two traders said hello and she stopped to talk to them while filming. She asked what was going on, and the two traders said they couldn't tell her because a gag order was placed on them.
Obama and Bernanke were flying over the U.S.. Obama says, "I could toss a thousand dollar bill out the window and make one person happy", Ben says "I could toss ten one hundred dollar bills out the window and make ten people happy. The pilot overhears and says to the copilot, " I could throw these 2 out the window and make 300 million people happy".
So far, he's said "all the right things" but I don't like the anger being stirred in that part of the political spectrum. I'm waiting for the dialog to start getting twisted into something politically useful. Be careful out there.
Oh, and he forgot to mention Ron Paul as the exception. Nor did he mention his paymasters at GE being on the zero side of the corporate tax spectrum while shipping US jobs overseas by the tens of thousands. Interesting oversights, ya think?
I used to like Dylan, but he's not what he is trying to appear as.
I knew it would happen.