Saturday, August 6, 2011

Rick Santelli Gives MSNBC Guest Ezra Klein a Lesson in Economics on Live TV





For some reason Liberals/Progressives hold up Ezra Klein as if he’s a combination Yoda and the Dalai Lama. They hang on every word he says as if it was coming from the Burning Bush.

However, he doesn’t know anything about anything other than to regurgitate the same old templates of Liberalism.

He’s a master of academic theory that plays well in the faculty lounges of Harvard and Yale.

But, when it comes to real world, he doesn’t know shit!

The Blaze

Rick Santelli, the man who’s 2009 firebrand speech on government spending is considered a seminal moment in the Tea Party’s founding, gave MSNBC analyst and Washington Post columnist Ezra Klein a stern lesson in free markets on MSNBC’s “Morning Joe” Friday morning.
Klein made some assertions about the financial crisis, including that most people agree two economists he cited have “done the best work on financial crises,“ and then offered up that the role of the Federal Reserve is ”often overlooked.”

Klein continued on and quoted one of his favorite economists calling for another ”round of significant inflation,“ and then asked Santelli to respond to the assumption that a recession would cause money to move around in a way that is ”unfair.”