Oct 28, 2010

Rick Santelli on the noble purpose of the Fed

I'm not going to stand here and tell you I think the Fed ought to be disbanded but I certainly think there's some middle ground between how far they've extended into the gray versus disbanding them. There's got to be something in the middle that makes more sense. I personally think this Fed's heart is in the right place but they're out of control in terms of trying to accomplish what their noble purpose is.

~Rick Santelli, CNBC's Squawk Box, October 28th, 2010

No comments: