Rick Santelli: "We Know They'll Cave On The Debt Ceiling, The Bond Market Is Living Proof" (CNBC Video)
Jun 15, 2011 at 7:36 PM
DailyBail in Debt & Deficit, National Debt, bond market, debt ceiling, debt ceiling, national debt, rick santelli, video
Video - Rick Santelli on the debt ceiling - June 15, 2011
"You know why it isn't paying attention? Because the bond market knows that nobody whether it's the House or the Senate will have the nerve not to raise the debt ceiling. So the real question is: Do the people that have the moral ground to actually try to make a restriction, you need to cut debt. Can they stick to it? That's the question. We know they'll all cave on the debt ceiling. The bond market is living proof of it."