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

Rick Santelli

Categorized in : People America Government

The jobs outlook in the U.S. isn't very good. And it's really about young people.

Rick Santelli

outlook jobs people

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.

Rick Santelli

legislation levels thinking

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?

Rick Santelli

greatness hands america

One thing that served me well with clients was that you back your winners and you back your losers.

Rick Santelli

winner loser clients

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.

Rick Santelli

oil energy attention

I'm pretty darn happy with my day job.

Rick Santelli

day-jobs jobs

I try to avoid political ties.

Rick Santelli

political ties trying

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.

Rick Santelli

mountain going-away government

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.

Rick Santelli

government different attitude

You need more people to perpetuate a myth because if the people stop the myth is known to all.

Rick Santelli

myth people needs

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.

Rick Santelli

gold enemy thinking

Challenging leaders is as American as it gets.

Rick Santelli

leader challenges

At the end of the day, the markets are my passion.

Rick Santelli

the-end-of-the-day passion ends

I don't believe anyone should ignore all the fires around you and stand pat and not worry about getting singed.

Rick Santelli

fire worry believe

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.

Rick Santelli

country father people

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.

Rick Santelli

records people thinking

Leonardo Fibonacci, the great 13th century Italian mathematician (1175-1250) created the 'Fibonacci sequence' to explain behavior in nature mathematically. History has it that the first question he posed was how many rabbits would be created in one year starting with one pair.

Rick Santelli

great behavior nature history

I don't understand it and haven't understood in this world of technology: where every building has a camera, every ATM has a camera, why don't we have cameras on police officers?

Rick Santelli

camera police technology world

Many of us, of course, have children, and I think that the type of country that we are going to leave in our wake by rewarding bad behavior... is not a better handoff to the next generation and generation after that.

Rick Santelli

better bad think children

The markets are the world's greatest Rubik's cube. And I love solving puzzles.

Rick Santelli

cube greatest love world