Videos: Rick Santelli-GDP Numbers Are `Depressingly Weak,’ Slams Federal Reserve
In this first video, Rick Santelli responds to the Obama Administration’s suggestion that things are improving in the US economy.
Santelli’s stark assessment couldn’t be more different than Obama’s. He describes the manufacturing industry, other economic indicators as “depressingly weak”:
In this longer video, Santelli slams the Federal Reserve as being disconnected from reality, taking action that will do nothing for the economy.
This starts a little past the 5 minute mark if you want to jump forward:
