Steve Leisman is supposed to be the chief economist of CNBC but his bio reveals he has no training in economics, he's a journalist. Rick Santelli is the real deal although I cannot understand 90% of that bond reporting he does. Anyway, watch Rick nail Steve at the end. In the beginning, more stinging criticism of Helicopter Ben and the printing press called the Fed.
http://www.cnbc.com/id/15840232?video=729223444
Saturday, May 3, 2008
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