Rick Santelli (CNBC) Rips Colleague a New One
Would you lie for the greater good or would you tell the truth and be honest about the way you conducts business. I think that these moral hazards and cover ups are what got us into this economic crisis among other outside factors. So what would covering up something else really help? If the data is bad why continue to cover it up and prolong the inevitable?
I know that prolonging the inevitable is favored on Capitol Hill these days, but in my opinion that just makes things worse, suckers more people into the failing financial market, and makes for a worse collapse. Let it go and give us the real facts!
Rick Santelli calls out one of his colleagues at CNBC who offers up the question as to whether or not the media should cover up the truth behind what’s going on in the financial sector for the greater good.
But, as I stated above, is that really for the greater good or is it just for the good of a political agenda and money in the media’s pocket? After knowing what recently occurred at an NBC meeting with Zucker and Immelt exclaiming that CNBC has been too harsh on the President and has criticized his policies too much recently… I can only take what they say at CNBC with a grain of salt because there may be a conflict of interest; like saving their jobs:
