Laura Ingraham hosted Rick Santelli, on-air editor for CNBC, on Obama's bid to save the country's economy and what Obama will mean for America's investor class.
Santelli said we are spending boat loads of money. He said Barney Frank is changing the rules midstream which makes it difficult for business to know which way to move. He said he cringed when he heard Obama say that the government is the only solution to our problems. Santelli said that tax cuts do revive the economy over government spending. He said private sector jobs are the best and that the exit strategies will be difficult. Santelli said that the nation needs self-correction, not too much governmnet involvement.
Ingraham said that Frank curing the economy is the fox watching the hen house.
"Trillion dollar spree is road to ruin, not rally" by Kevin Hassett, Bloomberg News
I hope Mr Obama will stop the war between Israel and Gaza !
Posted by: bar paris | January 12, 2009 at 12:04 PM