Rick Santelli Famous Quotes
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I try to avoid political ties.
I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.
Challenging leaders is as American as it gets.
We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not.
I think that there's been a lot of people in Congress that didn't know all the ins and outs of the Constitution. I think we have a whole roomful of people that have record legislation in terms of quantity of pages that didn't read it.
I personally think money in politics on any level is horrible. I'd like to see a set amount and have every candidate spend it. Have it be completely transparent. But actually getting to that spot, as we have learned through all the legislation over the decades, is very difficult.
The government is promoting bad behavior.
When you are facing the wilderness on your own, you have a totally different attitude to someone who works in government or who has a monthly cheque.
If you read our Founding Fathers, people like Benjamin Franklin and Jefferson - what we're doing now in this country is making them roll over in their graves.
Our society, our culture - the greatness of America - goes hand-in-hand with energy, and our leaders need to wake up. We need energy, OK?
The unique thing about our country is that we don't get behind politicians, politicians get behind us.
One thing that served me well with clients was that you back your winners and you back your losers.
In normal times, investors should pay more attention to the credit markets because it's the energy by which everything is driven. It's the oil in the engine.
We have mountain of debt that isn't going away and all the problems are here to stay, and anybody who tells you that is a good thing ought to get out of the business of helping the government down the road.
At the end of the day, the markets are my passion.
I believe there's only one regulation in life that works: failure.
I'm pretty darn happy with my day job.
