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" No, traditions and norms aren't rules in the Constitution. There's a difference between a tradition and a law. "
Rick Santelli
Law
Tradition
Constitution
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" Government is promoting bad behavior... Do we really want to subsidize the losers' mortgages? This is America! "
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" I don't think that there is a beer summit in the cards for me at the White House. "
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" I'm pretty darn happy with my day job. "
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Day Job
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" People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders. "
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" I work hard, and I haven't done badly in life. But I pretty much came from very modest roots... I go home on my train; I cut my own grass... I don't have anything against people that are more elite, but it's just not who I am or what I'm about. "
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I Am
Home
Work Hard
" I think many agree, being on the plan till 26, good idea; preexisting conditions, they all have a cost. So you have to find a way to pay for it. But it doesn't mean that you're going to keep or change. Listen, cars have tires. You can reinvent the car, but it's still going to have tires. Those aspects are components of healthcare. "
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Change
Car
You
" Working with Russia, we worked with Iran. Are they our friends? You have to take each situation uniquely. "
Rick Santelli
You
Working
Friends
" What about stocks? You got to buy them. What if they break? You have to buy the dips. "
Rick Santelli
What If
Got
Buy
" We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not. "
Rick Santelli
Politicians
Enough
Know
" When I was an institutional broker in a former life, I was a believer in the merits of using technical analysis. I found that it was a very useful tool that complemented the much more mainstream tools generically referred to as fundamental analysis. "
Rick Santelli
Analysis
Tools
Tool
" At the end of the day, the markets are my passion. "
Rick Santelli
Day
Passion
End Of The Day
" All the way back to 2010, the takeover of Congress, there is an unnerved part of the public that understands the history of Hillary Clinton. We've seen her for decades. They understand Donald Trump. There's no disclosure needed there. The sour grapes that we are experiencing isn't going to make a better tasting wine for the Democrats in the future. "
Rick Santelli
Future
Better
Back
" I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better. "
Rick Santelli
Me
Great
Remember
" When you are facing the wilderness on your own, you have a totally different attitude to someone who works in government or who has a monthly cheque. "
Rick Santelli
Attitude
Wilderness
Government
" While the vandals are on the street corners, the Tea Party conservatives, they're working state houses, the governorships, the mayorships, the Senate, the House. "
Rick Santelli
Party
Working
Tea
" I don't understand it and haven't understood in this world of technology: where every building has a camera, every ATM has a camera, why don't we have cameras on police officers? "
Rick Santelli
Police
Camera
World
" When Target gets hacked, I don't hear people saying, 'Hey, was it Kohl's? Was it Wal-Mart?' It doesn't matter. There was a hack; you deal with it. "
Rick Santelli
People
You
Target
" If you trade in paper, the notion of many who trade gold - the Ayn Randers - if the financial world comes to an end, they're going to have the gold. If you're playing in ETFs, you're going to have a piece of paper. "
Rick Santelli
End
Trade
World
" I don't believe anyone should ignore all the fires around you and stand pat and not worry about getting singed. "
Rick Santelli
You
Believe
Worry
" I like free markets, but I do like fair markets. "
Rick Santelli
Fair
Markets
Like
" I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets. "
Rick Santelli
Mistake
Much
Too Much
" Many other states ultimately - they might not have the same balance sheet as Wisconsin - but collective bargaining from the federal level... these are big issues, and these costs need to be put under control. "
Rick Santelli
Level
Control
Same
" I believe there's only one regulation in life that works: failure. "
Rick Santelli
Believe
Only
Life
" This is America. Dissenting voices will continue to voice their dissent. Because they've read the operating instructions for the United States of America, and it's their right. "
Rick Santelli
Dissent
America
Voice
" We are a republic, very inefficient. If you want a really efficient form of government, you have a king or a dictator. And in the end, you hope it's a benevolent one. But then you could get things done. There's no lurching; there's no bumps. That's the cornerstone of checks and balances. "
Rick Santelli
End
Done
Government
" The markets are the world's greatest Rubik's cube. And I love solving puzzles. "
Rick Santelli
Markets
Greatest
Cube
" Our society, our culture - the greatness of America - goes hand-in-hand with energy, and our leaders need to wake up. We need energy, OK? "
Rick Santelli
America
Up
Culture
" We have mountain of debt that isn't going away and all the problems are here to stay, and anybody who tells you that is a good thing ought to get out of the business of helping the government down the road. "
Rick Santelli
Road
Good
Business
" We all know deep inside that no country is the same as it was 5 years ago. "
Rick Santelli
Country
Deep
Inside
" Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side: we see areas where the government does good jobs; we see areas where they don't do as good a job. "
Rick Santelli
Job
Good
Financial