“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.” ShouldEnergyPayAttentionNormalCreditOilDrivenInvestorsEngines Author:Rick Santelli
“One thing that served me well with clients was that you back your winners and you back your losers.” WellsOne ThingWinnerLoserClients Author:Rick Santelli
“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?” NeedsHandsAmericaCultureEnergyLeaderGreatnessWake UpOur SocietyHand In HandGreatness Of America Author:Rick Santelli
“The jobs outlook in the U.S. isn't very good. And it's really about young people.” PeopleJobsYoungVery GoodOutlook Author:Rick Santelli
“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.” ThinkingDifficultLevelsAmountDecadesHorribleSpotsCandidatesLegislationTransparentMoney In Politics Author:Rick Santelli
“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.” PeopleThinkingKnowsWholeTermRecordsPagesConstitutionCongressQuantityLegislation Author:Rick Santelli
“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.” HelpingProblemGovernmentOughtMountainGood ThingsDebtGoing AwayDown The Road Author:Rick Santelli
“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.” PeopleIfsCountryFatherGravesFoundingFranklinOur Founding Fathers Author:Rick Santelli
“I don't believe anyone should ignore all the fires around you and stand pat and not worry about getting singed.” ShouldBelieveWorryFireDon't Believe Author:Rick Santelli
“At the end of the day, the markets are my passion.” EndsPassionThe End Of The DayMy Passion Author:Rick Santelli
“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.” IfsThinkingNeedsMadeSaidI CanRememberUsedEnemyWatchesPolicyGoldVoteTradeDollarsStatementsFedsSenatorsBankersChairmanCongressmanNo Confidence Author:Rick Santelli
“You need more people to perpetuate a myth because if the people stop the myth is known to all.” PeopleIfsNeedsKnownMyth Author:Rick Santelli
“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.” DifferentGovernmentAttitudeWildernessChequesDifferent Attitude Author:Rick Santelli
“The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard” PeopleWantGovernmentAmericaPoliticsPresidentPayMoralListeningBehaviorNeighborLoserPresident ObamaPromotingMortgageHazardsBad BehaviorMoral Hazard Author:Rick Santelli
