Rick Santelli ~ Fed and Treasury have no business pumping up housing at expense of taxpayers

Courtesy of CNBC ~

Airtime: Fri. Aug. 13 2010  8:00 AM ET

Steven Ricchiuto, of Mizuho Securities USA, and Thomas Higgins, of Payden & Rygel, debate whether the Fed should back away from the economy.

August 13, 2010. Tags: Consumer Spending, FEDERAL RESERVE, Foreclosures, Housing, Quantitative Easing, Rick Santelli, Steven Ricchiuto, Taxes, Tea Party Patriots, Thomas Higgins. Economy, Finance, Foreclosures, Housing, Obama Administration, Politics, Popular Culture, TARP, Taxes, Unemployment Statistics, Wall St. 2 comments.