RealEconTV

Business news without the bullshit

Exposing Financial media flim flam

Rick Santelli calls the WSJ out

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The government news agency

Financial reporting used to be somewhat objective.

Starting in the Clinton administration, the wheels came off the cart.

Not sure why it happened, but manipulation of business and financial data became the norm then.

Brasscheck.com wrote a lot about this in the 1990s and predicted it would lead us to a bad place.

It has.

Rick Santelli is denounced as a right wing nut. That's a good piece of name calling, but it doesn't answer the very simple, black and white issues he raises.

An economy based on ever-expanding credit in the face of chronic unemployment, declining consumer demand and the coddling of criminal big banks is not sound. That's just a fact, There's no politics in it.

- Ken McCarthy