The IRS is the key enforcer, implementer, etc for Obamacare. This should have never been allowed to happen in the first place, but in the wake of the “enemies list” scandal the American people should insist on a total revamp of the program (at the very least) and the removal of the Internal Revenue Service as chief administrator.
“When it comes to hubris, nobody beats the Federal Reserve.” – Rick Santelli
Steady as the QE goes, but the Fed is fully prepared to ramp up printing if it thinks it has to.
Rick Santelli gets his mind blown a bit along with what must have been a good portion of CNBC’s viewing audience. This video is a good introduction however for those who are unfamiliar with Bitcoin. At this point all I’ll say is that it’s a very interesting innovation.
4 years ago Rick Santelli freaked out and raged with well placed righteous indignation on the floor of the Chicago Mercantile Exchange. I saw the moment when it was originally broadcast and the now famous rant was a highlight in a very bleak winter.
“The problem is the fiat world should end as well then.” – Rick Santelli
More wealth transfer from the middle class to the centers of power. Santelli, as usual is right on it.